Dizkneelande

90% of the country will be against this but half of them will still vote Democrat because Republicans suck and sides and stuff.

How does it get fixed?

40 million anecdotes

Because you’re a servant. It’s why everyone that sells more than $600 on eBay or other platforms that record transactions will receive a 1099k. We now get taxed on items we sell that we already paid taxes on.

I want to scrap our tax system for something fair for everyone. Also you suck at math. You could confiscate all the wealth of every billionaire in the country and it wouldn’t make a dent.

It’s not about information you dumb sh!t.

Paul dogcows Krugman thinks billionaires pay income tax and tripling their taxes will put a dent in this issue. Year Surplus/deficit in trillion U.S. dollars '28* -1.38 '27* -1.31 '26* -1.36 '25* -1.53 '24* -1.74 '23* -1.56 '22 -1.36 '21 -2.78 '20 -3.13 '19 -0.98 '18 -0.78 '17 -0.67 '16 -0.58 He also thinks raising corporate tax rates back to 38% will double the revenue Characteristic Revenues in billion U.S. dollars 2033* 539 2032* 527 2031* 527 2030* 520 2029* 514 2028* 506 2027* 494 2026* 495 2025* 489 2024* 479 2023* 475 2022 425 2021 372 2020 212 2019 230 2018 204.7 2017 297 2016 299.6 2015 343.8 2014 320.7 2013 273.5 2012 242.3 2011 181.1

None of what you wrote pays back 32 trillion dollars in a “couple” years and your numbers are pure fiction and have been debunked by credible economists. All you have is far left talking points.

I don’t see how adjusting tax rates upward and cutting spending will have any impact in our current system. I’m willing to listen because you are reasonable. 2 things IMO need to happen. We need to drastically reduce the size and scope of the Fed and, we need a fair tax system. If replaced with a VAT/consumption tax implemented progressively to offset the (what would have been) regressive nature of a sales tax while returning constitutionally responsibilities back to the states, it could work. Unfortunately, people are split between status quo, flat tax, and fair tax. So, we’ll never get any movement on this. Also, I’m all for California keeping a majority of their tax revenues and reducing the Fed back to its original intentions. It’s another thing that will never happen because the left and their copartners in the uni-party want to expand the size and scope of the Fed and have zero interest in returning economic power back to the states. This could be accomplished by eliminating all the repetitive agencies in the Fed. Dept of Ed budget is $175 bil alone. I hadn’t been over there in a while but remember years ago someone at the other board making a very compelling case about this. net/net things will continue to get worse for average Americans and Tim will keep getting his talking point memos from msnbc.

If the tax cuts didn’t lead to record economic growth and record tax collections, why did the tax cuts lead to record economic growth and record tax collections?

https://www.cbo.gov/system/files/2022-04/57909-MBR.pdf KEY POINTS: Corporate tax revenue is shattering records under Republican tax reform. Corporate tax revenue is coming in 22 percent higher than last year’s record level, according to the CBO’s most recent monthly budget review. Corporate tax revenue is set to hit a new record of $454 billion. CBO had predicted in June 2017 that corporate tax revenue would only hit $389 billion in 2022. As a share of GDP, corporate tax revenue is on track to reach its highest level since 2015 (1.9 percent of GDP). Overall tax revenue is also strong, including individual, payroll, and other taxes. Individual income tax receipts reached an all-time high of $2.04 trillion in FY2021. Receipts are already coming in 36 percent higher in FY2022. Total federal tax collections, including payroll and other taxes, are on track to reach $5.04 trillion in FY22, or 21.0 percent of GDP. This would be a new all-time high in both cases.

FISCAL YEAR REVENUE FY 2021 $4.05 trillion FY 2020 $3.42 trillion FY 2019 $3.46 trillion FY 2018 $3.33 trillion FY 2017 $3.32 trillion

Exaggerating? Gtfo. Numbers don’t lie Tim the Trump tax cuts led to record tax collections. Every idea the left has implemented has had the opposite effect. I give you Norway as a recent example. https://reason.com/2023/05/26/wealth-taxes-result-in-rich-people-fleeing-turns-out/

This is so mind boggling stupid I’m surprised you even want to go down this road - “Everybody complains about taxes, but they don’t seem to realize that if we taxed the rich at the same percentage rate we tax the middle class? We could easily pay back the national debt in a couple years.”

Holy phucking lies JFC you are not credible. You’re a public sector stooge.

That’s what you all said about the American Reinvestment and Recovery Act. Most of the funds went to cronies and it didn’t do but make a bunch of people rich off the taxpayers. https://www.forbes.com/sites/rajshreeagarwal/2021/05/05/lessons-from-the-2009-american-recovery-and-reinvestment-act-for-the-american-jobs-and-infrastructure-plan/?sh=65daf24f756c Unlike you, I support no politicians they never fix anything. 32 Trillion in debt, 10s of trillions more in spending and you cheerlead the destruction of the working/middle class. Screw.

The Feds invoking "terrorism" enhancements codified under the USA PATRIOT Act and you cheer this on and call Jon what’s wrong with society. Yay victory for civil liberties!

US national debt, 2023: $31.4 trillion Are our roads better? Are our streets safer? How about healthcare? Is it easier to raise a family? Did we improve our schools?

Yay another troll sh!tlib

Least shocking news ever.

Republicans really did a bang up job here. The only winners are Biden, McCarthy and the uni-party who can ignore this issue for the next 2 years. The rest of us lose. They are all corrupted.