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re: Trump considering cutting income tax in the US due to tariff income
Posted on 11/28/25 at 1:33 pm to Kjnstkmn
Posted on 11/28/25 at 1:33 pm to Kjnstkmn
quote:
20 trillion in new investment pouring into the country now but will take a couple of years to re-onshore the manufacturing and get the economy going in supercharged mode.
0
Posted on 11/28/25 at 1:35 pm to RogerTheShrubber
quote:
I have no idea.
We know.
Posted on 11/28/25 at 1:36 pm to BBONDS25
quote:
We know.
Good. Then you can stop lying then, if you can control yourself
Posted on 11/28/25 at 1:37 pm to BBONDS25
quote:
It’s fair to point out how many times the panicans have been completely wrong.
1. Using that word makes you sound like a moron
2. He said "you", meaning he's assigning things to me I've never said. I'm sure somebody somewhere predicted all sorts of things but he should probably address the people that actually made those predictions.
Posted on 11/28/25 at 1:37 pm to RogerTheShrubber
quote:
Then you can stop lying then
I asked you a question. You accuse me of lying. Par for the course. Posted on 11/28/25 at 1:38 pm to Flats
quote:
Using that word makes you sound like a moron
ooooh. I struck a chord. Posted on 11/28/25 at 1:39 pm to BBONDS25
quote:
I asked you a question.
Lying is second nature to you. Most swishy boys love histrionics.
Posted on 11/28/25 at 1:40 pm to RogerTheShrubber
quote:
Lying is second nature to you. Most swishy boys love histrionics.
there you go again. Bringing up homosexuality. Come out of the closet already. The fact remains. I asked you a question and you responded with your histrionics. Calm down old man.
This post was edited on 11/28/25 at 1:41 pm
Posted on 11/28/25 at 1:41 pm to BBONDS25
quote:
there you go again. Bringing up homosexuality.
Youre retarded. Being a swishy boy means youre a metrosexula
This post was edited on 11/28/25 at 1:49 pm
Posted on 11/28/25 at 1:42 pm to I20goon
quote:
true. But that is manipulation. Often in the form of confirmation bias.
\
He problem is white progressive women accept ALL left wing issues to be important It goes back to their brainwashing thinking everyone is either oppressed or the oppressor.
Posted on 11/28/25 at 1:43 pm to Sput
quote:Absolutely. When the Democrats get up to speed, it will be called 'racist; and continued support of the White patriarchy' -- then, one dumb-arse politician will let slip (probably Aunti Maxine) 'Trump is doing this because so many African Americans can't pay taxes, because they don't work'.
Cutting taxes would be awesome for the minority of us that actually pay them
Posted on 11/28/25 at 1:44 pm to RogerTheShrubber
quote:
Being a swishy boy means youre a metrosexua
I’ll have to trust you on this. It’s your wheelhouse. Not mine. You are very well versed.
Posted on 11/28/25 at 1:48 pm to BBONDS25
quote:
I’ll have to trust you on this.
\
Probably. The word populist threw you for a loop. You dont know the meanings of a lot of words.
Posted on 11/28/25 at 1:52 pm to Sput
quote:
Cutting taxes would be awesome for the minority of us that actually pay them
You think so?
Nothing makes sense until there is a balanced budget.
Every year it isn't balanced, we sell bonds to borrow money to cover the balance.
Every year we increase the debt, generally, the debt service grows.
Every year the debt service grows, it takes a larger and larger portion of the budget to service our debt.
At this rate there will come a day when the debt service exceeds revenue. Then we'll be borrowing to pay for interest on the debt.
At that rate, one day when we open the window to sell bonds, there will be no one there to buy them.
What happens when we can't borrow any more money? We print more.
This is how you get to hyperinflation (We're talking in the 100% - 1,000% range.)
At that point the dollar is virtually worthless. No more petro-dollar, no more dollar as a global reserve currency.
But, yes, by all means cut my taxes. That should help.
Posted on 11/28/25 at 1:53 pm to RogerTheShrubber
quote:
populist
Posted on 11/28/25 at 2:14 pm to Sput
THIS!!!!
Posted on 11/28/25 at 2:23 pm to RogerTheShrubber
There could / may be a temporary market crash when the Fed is taken out of it happens directly, as the markets hate uncertainty. If so it will bounce back in a matter of weeks.
The Fed may be bypassed / side- stepped, made redundant and obsolete instead in which case the transition would likely be much smoother.
The Fed may be bypassed / side- stepped, made redundant and obsolete instead in which case the transition would likely be much smoother.
This post was edited on 11/28/25 at 2:24 pm
Posted on 11/28/25 at 7:28 pm to BlackAdam
quote:
500 billion is not covering a third of the deficit. Show me where the other 1.2 trillion will be cut from.
It’s a start
Posted on 11/28/25 at 8:05 pm to hawgfaninc
quote:This about the stupidest thing ever said.
Trump considering cutting income tax in the US due to tariff income
Posted on 11/28/25 at 8:12 pm to hawgfaninc
Income taxes are theft
Tarrifs are fine if levied at a reasonable level that doesnt overly burden the cost of goods
Levying tariffs at a level that would be needed to replace @ $3 trillion in income taxes would certainly be inflationary beyond reasonable.
It’d make more sense and more fair to replace the income tax with a combination of reasonable consumption tax and tariff scheme with some expense cutting.
Then implement a balanced budget amendment, honor the debt ceiling and assess debt levels as a percent of overall tax receipts from the preceding year.
Tarrifs are fine if levied at a reasonable level that doesnt overly burden the cost of goods
Levying tariffs at a level that would be needed to replace @ $3 trillion in income taxes would certainly be inflationary beyond reasonable.
It’d make more sense and more fair to replace the income tax with a combination of reasonable consumption tax and tariff scheme with some expense cutting.
Then implement a balanced budget amendment, honor the debt ceiling and assess debt levels as a percent of overall tax receipts from the preceding year.
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