- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Secretary Howard Lutnick "Trump wants to work towards No Tax on 150K or less
Posted on 3/13/25 at 12:48 am to cadillacattack
Posted on 3/13/25 at 12:48 am to cadillacattack
quote:I thought tariffs were for creating (false) demand for domestic manufacturing and creeating 'murican jerbs. If that happens, there will be no revenue from tariffs. So... do you want tariffs to "work" or not work?
external revenues from Tariffs
quote:Let me know how that Social Securing and Medicare repeal goes. At this point, you'll also need to consider defaultion on some of the debt service. But hey, what could go wrong?
Reducing the size of federal government while returning some duties to the States
0
Posted on 3/13/25 at 12:52 am to SDVTiger
quote:Da fuq I wouldn't and did. See the chart. There's your answer. I realize Dunning-Krueger is in full effect, but damn this one should be easy. It's impressive you still won't understand why this is a stupid idea, so you'll just dig in harder. It's fascinating to watch.
Why is it stupid? Your buddy wouldnt answer
Posted on 3/13/25 at 12:52 am to Powerman
double post ignore
This post was edited on 3/13/25 at 12:55 am
Posted on 3/13/25 at 12:54 am to Grumpy Nemesis
quote:It makes sense to those that understand that in terms ease of collection, lack of income mobility, difficult of cheating, and derth of alternate choices. Income taxes suc *they all do!), but there damn efficient.
It has never made any sense to me why we tax income rather than consumption.
This post was edited on 3/13/25 at 12:55 am
Posted on 3/13/25 at 12:59 am to Powerman
quote:And going further below is the only way to extract more revenue. Everyone thinks "tax the rich" but they don't make most of the income in aggregate. The "middle class" makes the most income.
And a good portion of that revenue starts well below the 150K threshold...
Not to mention that the amount of people with zero tax liability have no skin-in-the-game for running our government. Want more free stuff? Why not? I'm not paying for it! Is essentially how we got to $35 Trillion and growing in debt.
Posted on 3/13/25 at 1:04 am to BCreed1
Posted on 3/13/25 at 1:18 am to Taxing Authority
quote:
Holy f*ck this is stupid.
A "true conservative" crying about smaller government and lower taxes. TDS knows no limits.
Posted on 3/13/25 at 1:26 am to TenWheelsForJesus
quote:Holy moly. How is cutting 35% of our revenue stream off "conservative". We're already running a $1.9 Trillion/yr deficit. Hell, we're on pace this year to rack up $1T in debt every 100 days.
A "true conservative" crying about smaller government and lower taxes.
And you think the "conservative" thing to do is collect less revenue, from an income group that already pays less in taxes by proportion to their aggregate income already?
This isn't a "conservative" approach. It's a "Tax the rich" approach, just in reverse.
quote:It's simple math. Has nothing to do with who propsed it. Try again. Youre te only one making an ad hominem argument.
TDS knows no limits.
This post was edited on 3/13/25 at 1:32 am
Posted on 3/13/25 at 1:30 am to Jake88
quote:
We don't need even fewer people paying taxes.
Not when you eliminate fraud and waste, reduce government and send it to the states, and generate alternative income streams. That is Trump's plan.
People seem to struggle with the big picture. They see Trump trying to lower taxes, and their only thought is "now there's fewer taxpayers than before." The idea that fewer taxpayers can be needed never crossed their minds.
They think Trump enacting tariffs must lead to higher prices. Any other outcome, even that they will never be enacted due to an agreement, is never a possibility to them.
Some say it's not fair that some will have to pay while others don't with Trump's plan, but how is everyone getting the first $150k tax free not fair? Do you complain because everyone gets the same standard tax deduction?
Posted on 3/13/25 at 1:39 am to TenWheelsForJesus
quote:Worked like a charm last time.
Not when you eliminate fraud and waste, reduce government and send it to the states, and generate alternative income streams. That is Trump's plan.
quote:I love this isht. Congrats. You're the only person that figured out it's a bluff. People that engage in international trade and diplomacy will never figure it out! They'll never have a clue. Hope they don't read the PoliBoard.
They think Trump enacting tariffs must lead to higher prices. Any other outcome, even that they will never be enacted due to an agreement, is never a possibility to them.
And even better are the ones that say "we need to fund the government on tariffs!" will turn around with a straight face and tell you "tariffs will end imports and create american jobs!". never realizing the logic tramp they've fallen into.
I joined this place because I found Leftists' dissonance and dedication to eing wrong fascinating. Came for the Leftists but have stayed for the Cult45
quote:New phone who dis? Bernie? That you? AOC? Pocahontas? .
how is everyone getting the first $150k tax free not fair?
Posted on 3/13/25 at 1:47 am to BCreed1
The amount of cuts that would be necessary for something like this to happen would be astronomical.
If we had 300 people like Massie, Mike Lees, and Rand Paul in congress, I'd get my hopes up. But sadly, we don't, so I don't see how this is workable at all.
If it does, though, I will GLADLY be the first person in here to eat shite covered crow.
If we had 300 people like Massie, Mike Lees, and Rand Paul in congress, I'd get my hopes up. But sadly, we don't, so I don't see how this is workable at all.
If it does, though, I will GLADLY be the first person in here to eat shite covered crow.
Posted on 3/13/25 at 1:48 am to Taxing Authority
Trump said he wanted the IRS gone. This is not the way. Just push for a consumption tax.
Posted on 3/13/25 at 1:50 am to POTUS2024
quote:
Trump said he wanted the IRS gone. This is not the way. Just push for a consumption tax.
Agree completely. I'm against taxation, but if we are to have them, consumption taxes are the least bad of them all.
Posted on 3/13/25 at 2:15 am to stuntman
quote:
The amount of cuts that would be necessary for something like this to happen would be astronomical.
That's what this all boils down to. Trump isn't going to make those cuts.
He's going after Massie for voting against the big spending CR. I've read that there is some strategic reasoning for doing this, then making cuts in ~6 months. That may be the case, but 2016-2020 Trump supported some dogshit CR/Omnibus bills, and eagerly signed inflation-inducing covid checks.
Trump/congress aren't going to make the spending cuts to make up for that kind of tax cut, and the increased tariffs should be mitigated with lowered corporate taxes, not individual taxes.
Posted on 3/13/25 at 4:42 am to Who_Dat_Tiger
No way, I love it. As long as those bringing in over a half mil pay their fair share.
Posted on 3/13/25 at 4:53 am to Taxing Authority
quote:
Holy f*ck this is stupid.
I agree. People need skin in the game. Even if it’s just a little bit.
Posted on 3/13/25 at 4:55 am to Harry Boutte
quote:
What happened to having skin in the game?
Agreed. Though I do love the knee jerk reaction of far left wackos like you. For so long you were mad about the rich not paying their fair share. Now you are whining about the poor not paying. TDS is real.
Posted on 3/13/25 at 4:59 am to BCreed1
It's been forever instilled into public thinking that abolishing the income tax and IRS is impossible.
This is a reframe of that thinking and it is great. Once the public at large starts to believe it is possible, then it will be.
This is a reframe of that thinking and it is great. Once the public at large starts to believe it is possible, then it will be.
Posted on 3/13/25 at 4:59 am to Taxing Authority
quote:
Holy f*ck this is stupid.
You can find a new line of work Taxing Authority.
Page 4 of 10
Popular
Back to top
Follow TigerDroppings for LSU Football News