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Started By
Message
re: Secretary Howard Lutnick "Trump wants to work towards No Tax on 150K or less
Posted on 3/13/25 at 8:18 am to theballguy
Posted on 3/13/25 at 8:18 am to theballguy
quote:Define "fair" please. Because if you took almost all of their money, you couldn't even balance the current budget.
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 8:21 am to TrueTiger
quote:When you have $35 Trillion in debt, a $1.9 trillion annual deficit, and Social security + medicare entitlements... you can't simply make the revenue required disappear. Make those things go away and the IRS can go away. But they aren't. And Trump is doing nothing to abolish those things.
It's been forever instilled into public thinking that abolishing the income tax and IRS is impossible.
Some of y'all have taken leave of reality.
Posted on 3/13/25 at 8:27 am to dgnx6
quote:Indeed. It's painfully clear we have a spendng and debt problem. But there is no companion plan to address that.
The more taxes they’ve collected the more they over spend.
quote:Indeed. And what percentage of GDP was government, and our debt beck then? Currently our annual deficit is ~7% of GDP. Our debt is 129% of GDP.
We survived before when barely anyone was paying income taxes.
quote:I live in one. Let me educate you about property taxes...
There are states without income tax.
Posted on 3/13/25 at 8:28 am to Taxing Authority
External Revenue Service says hello.
Posted on 3/13/25 at 8:30 am to BBONDS25
quote:Terrible case of TDS. Who did you vote for?
I agree, but the wealthy already pay more (way more) than their “fair share.” Everyone should have some skin in the game. I would much prefer a consumption tax or a flat tax, but that isn’t being proposed. Taking more tax payers out of the game is not the answer.
quote:Unpossible. You are not un-pure. Sorry, those are the rules.
I say this as one of the biggest Trump supporters on this board.
Posted on 3/13/25 at 8:34 am to Taxing Authority
quote:
Terrible case of TDS. Who did you vote for?
quote:
Unpossible. You are not un-pure. Sorry, those are the rules.
Purity tests and posters that preach about them are so dumb. That goes for Trump fans, Ron fans, and even Roger.
Posted on 3/13/25 at 8:37 am to LSU82BILL
quote:$30 trill of which was accrued since 2004. Trump 1.0 added over $6 Trillion of it all by himself. Luckily he's on pace to almost double it this go round!
Pulling out of NATO, collecting foreign debt and tariffs isn’t going to make the slightest dent in a $37 trillion debt accumulated over 250 years.
Posted on 3/13/25 at 8:38 am to FoTownBam
quote:
Says TAXING AUTHORITY
Frick you and your username
Posted on 3/13/25 at 8:39 am to BCreed1
Looks like I’m taking a pay cut and my 15 year old is about to start making bank.
Posted on 3/13/25 at 8:40 am to BCreed1
While this would directly benefit me, I don’t think this is the right move. We need all the help we can get to pay down our current debts. Let’s talk about cutting taxes after we get in the black
Posted on 3/13/25 at 8:42 am to Rip Torn
quote:
Imagine having taxing authority in your name and not having the first clue about the origins of the federal income tax?
quote:A big dose self-destructive of populism will certainly help.
This is why our country is lost, too many stupid voters
Posted on 3/13/25 at 8:42 am to BBONDS25
quote:
"I would much prefer a consumption tax or a flat tax
100% i assume thats part of the plan plus cutting waste and spending
Heavy tariffs and finding outbwhat to do with Social Security/Medicare
PBD had a great idea on SSI
Posted on 3/13/25 at 8:44 am to 98eagle
quote:So do you want tariffs to work, or not?
External Revenue Service says hello.
If tariffs create american jobs, then imports go away, and we have no revenue. The only way we would have revenue is if we continue or expand imports. Which one do you want?
Posted on 3/13/25 at 8:45 am to BBONDS25
quote:
Purity tests and posters that preach about them are so dumb.
Posted on 3/13/25 at 8:46 am to BCreed1
I would be okay with this if they cut the federal budget in half.
Posted on 3/13/25 at 8:47 am to TerryDawg03
There are other ways. Consumption tax for example.
Posted on 3/13/25 at 8:49 am to AuburnTigers
Oh he is worried about his job now. You see, it's ok if it's YOUR job.
Posted on 3/13/25 at 8:49 am to BCreed1
Looking at the numbers, if we cut the world off and worried about us this is doable.
Not only is it doable, but our costs can go down on our own goods.
Not only is it doable, but our costs can go down on our own goods.
Posted on 3/13/25 at 8:51 am to Jjdoc
quote:
Oh he is worried about his job now.
Posted on 3/13/25 at 8:52 am to jizzle6609
quote:
Looking at the numbers, if we cut the world off and worried about us this is doable.
Not only is it doable, but our costs can go down on our own goods.
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