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re: Secretary Howard Lutnick "Trump wants to work towards No Tax on 150K or less
Posted on 3/13/25 at 8:52 am to jizzle6609
Posted on 3/13/25 at 8:52 am to jizzle6609
Yep. People just hate change. They should study history.
Posted on 3/13/25 at 8:53 am to Taxing Authority
quote:
I'm not a tax accountant nor a tax attorney.
So then why are you melting down so hard in this thread
Go sit at the kiddy table where you belong
Posted on 3/13/25 at 8:57 am to SDVTiger
quote:Because one of two things are true. The "proposal" is complete non-serious bullshite meant to feed a distracting populist fairy tail to the seal clappers... or... it's an insane idea that if enacted would ensure we have a default on our debt and subsequent crash of our government. Which one do you want?
So then why are you melting down so hard in this thread
quote:
Go sit at the kiddy table where you belong
Posted on 3/13/25 at 9:02 am to SDVTiger
His name has nothing to do with this. Trust him.
Posted on 3/13/25 at 9:07 am to SDVTiger
quote:
So then why are you melting down so hard in this thread
He melts with anything regarding Trump, just like Roger, SFP, and Kiwi.
Posted on 3/13/25 at 9:08 am to BCreed1
Federal income tax on $150,000 is $27,000.
Posted on 3/13/25 at 9:10 am to NoMercy
You'll still be paying state tax (unless you live in certain states), medicare, social security, property tax (even if you rent you are paying it), sales tax, registration for xyz, insurance for xyz. The bills never end.
Posted on 3/13/25 at 9:13 am to Taxing Authority
(no message)
This post was edited on 3/16/25 at 8:05 pm
Posted on 3/13/25 at 9:26 am to BCreed1
quote:
Secretary Howard Lutnick "Trump wants to work towards No Tax on 150K or less
Isn't this pretty much the case now? Maybe not $150k but only 50% of tax filers actually pay tax. They want to reduce the tax burden from 50% of filers, which is probably 30 or 40% of the population?
I would promote the opposite, make every person in the country pay some amount of tax. We can't let 80% of the population have a complete free ride. Their "need" for more and more and more would never end.
Everybody needs to have some skin in the game.
Posted on 3/13/25 at 9:32 am to DamnGood86
quote:
Everybody needs to have some skin in the game.
Agreed. I understand the whole needing to pay some taxes, but again, my issue is I pay so damn much while millions pay nothing, and still get money back like they did.
It pisses me off. If something like the OP occurred, I wouldn't lose sleep over paying for college and I now know I actually could retire before 75.
Posted on 3/13/25 at 10:01 am to oklahogjr
quote:
I mean getting the first 150k free would help me out. Wonder how he plans to offset that revenue loss and still balance the budget....
Stop foreign aid and drastically reduce the number of people on welfare. Require able bodied people to work to be able to get any assistance. There are way too many lazy people would would rather live on the scraps that the government provides than to get up and go to work everyday.
Around my farm (very rural part of Alabama) there are people who are 50-60 years old who HAVE NEVER HAD A JOB.
Here in Tuscaloosa there is a guy who stands in front of the old WD (now an Aldi) with a sign that says "will work for food". There is a sign 20 feet from him that Sonic is hiring. Why wont that retard go get the job? Because he wants someone to give him some money for nothing.
Welfare should be limited to a short period of time over a citizens lifetime. It should not be a way of life.
Posted on 3/13/25 at 10:01 am to oklahogjr
quote:
I mean getting the first 150k free would help me out. Wonder how he plans to offset that revenue loss and still balance the budget....
Stop foreign aid and drastically reduce the number of people on welfare. Require able bodied people to work to be able to get any assistance. There are way too many lazy people would would rather live on the scraps that the government provides than to get up and go to work everyday.
Around my farm (very rural part of Alabama) there are people who are 50-60 years old who HAVE NEVER HAD A JOB.
Here in Tuscaloosa there is a guy who stands in front of the old WD (now an Aldi) with a sign that says "will work for food". There is a sign 20 feet from him that Sonic is hiring. Why wont that retard go get the job? Because he wants someone to give him some money for nothing.
Welfare should be limited to a short period of time over a citizens lifetime. It should not be a way of life.
Posted on 3/13/25 at 10:03 am to DarthTiger
quote:
Well, those that make 500k+ will have to pay more. And should.
libtard
Posted on 3/13/25 at 10:31 am to Taxing Authority
quote:
"Trump wants to work towards No Tax on 150K or less
quote:
Holy f*ck this is stupid.
quote:
Taxing Authority
checks out
Posted on 3/13/25 at 10:32 am to BBONDS25
quote:
For so long you were mad about the rich not paying their fair share. Now you are whining about the poor not paying.
What in the actual frick? Is this the Politics Board, or the Land of Make Believe?
You sure you're not mistaking me for Harry Johnson?
Posted on 3/13/25 at 11:29 am to Taxing Authority
quote:
So do you want tariffs to work, or not?
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?
Tariffs will do both. Every company and business in the world is not relocating to the US and many will still sell to the US.
Trillions in company relocations to the US will occur creating millions of jobs in the US. Plus reciprocal trade tariffs (where US trade tariffs were basically NIL) will generate trillions in revenue which will have a positive impact on the need for current income tax rates in the US.
In summary, we get both. We get numerous companies and American jobs, and we get shiploads of tariff revenue, all thanks to President Trump's leadership on recipricol tariffs.
Posted on 3/13/25 at 12:01 pm to Taxing Authority
quote:
Define "fair" please.
At that level? I'd go with 25% or more.
Posted on 3/13/25 at 12:13 pm to alphaandomega
quote:
Require able bodied people to work to be able to get any assistance.
quote:
Working SNAP Recipients: Roughly 70% of SNAP recipients are employed, with 51% working full-time.
quote:
Here in Tuscaloosa there is a guy who stands in front of the old WD (now an Aldi) with a sign that says "will work for food". There is a sign 20 feet from him that Sonic is hiring. Why wont that retard go get the job? Because he wants someone to give him some money for nothing.
Does he collect welfare?
quote:
Welfare should be limited to a short period of time over a citizens lifetime. It should not be a way of life.
There are ways to get extensions when one is job searching but without a permanent physical disability you absolutely have a finite amount of time on welfare.
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