Taxes And Spending

Discussion in 'Political Opinions & Beliefs' started by Just A Man, Dec 12, 2019.

  1. rahl

    rahl Banned

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    No, that is your strawman. I never said zero or none. I correctly pointed out every economic metric has remained on the same trend line since 2010. The tax cuts did not affect it.
     
  2. kriman

    kriman Well-Known Member Past Donor

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  3. rahl

    rahl Banned

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    Right. Your strawman.
     
  4. kriman

    kriman Well-Known Member Past Donor

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    Your words. Every one of them.
     
  5. rahl

    rahl Banned

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    None of which said “zero”. Lol
     
  6. kriman

    kriman Well-Known Member Past Donor

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    You said "nothing" and "no effect". You also said some other remarkably ignorant comments. You denied that a business would take any action after a tax cut. I guarantee you that they will immediately find a way to put that money to use. You were so busy trying to say I was wrong that you did not pay much attention to what you were saying.
     
  7. Seth Bullock

    Seth Bullock Well-Known Member Past Donor

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    I am in favor of a balanced federal budget, so don't take this the wrong way.

    2018 federal spending budget: $4.1 trillion
    BATFE budget: $1.3 billion
    DEA budget: $3.1 billion
    Total of both: $4.4 billion

    This is somewhere in the vicinity of one half of 1% of the budget.

    Foreign aid is $50 billion which is just over 1% of the budget.

    So my point is this: To get anywhere near balancing the budget by shrinking the government, we would have to accept gigantic cuts in defense, medicare, and other social welfare programs (like medicaid as just one example.) The American public will not accept cuts like that.

    To balance the budget just by shrinking government, we would have to cut somewhere around $780 billion.
     
    Quantum Nerd likes this.
  8. rahl

    rahl Banned

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    right. Not zero. That’s your strawman.

    They didn’t take any action after the tax cut.

    .
    Most did stick buy backs.

    you were wrong.
     
  9. modernpaladin

    modernpaladin Well-Known Member Past Donor

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    I'm for cutting it anywhere. Literally anywhere. But I figure maybe we should start with the least popular stuff, to get more folks on board.
     
  10. Seth Bullock

    Seth Bullock Well-Known Member Past Donor

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    But do you see the problem I'm driving at? What we would have to do to balance the budget, and what we're willing to do don't match up. When I say "we", I don't mean you personally; I mean America collectively.
     
    Last edited: Dec 13, 2019
  11. kriman

    kriman Well-Known Member Past Donor

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    Nothing and one is zero.
    So you checked with the thousands of businesses and not one took any action after the tax cut.? Most likely most of them made changes. That is what businesses do.
    Buy backs are actions. It reduces their debt load. Some companies increased the pay of employees and some lowered prices.
    You said everything I said was wrong. What other conclusion can I come to? I know how businesses operate.
     
    Last edited: Dec 13, 2019
  12. modernpaladin

    modernpaladin Well-Known Member Past Donor

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    Yes I do. But I bet we could get BATFE and DEA defunded. No one on the left likes the DEA, no one on the right likes the BATFE, and a careful campaign to get rid of them both at the same time would likely be successful. If it had a likeable, well spoken figurehead.

    I know its a drop in the bucket, but buckets can be emptied a drop at a time.
     
    Last edited: Dec 13, 2019
  13. rahl

    rahl Banned

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    No

    We have the economic data. They didn’t do anything.
    Which companies lowered prices?
    clearly you don’t.
     
  14. kriman

    kriman Well-Known Member Past Donor

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    Definition of none is "none" "by no amount at all".
    Definition of nothing is "not anything" "Not at all"
    "A growing number of companies benefiting from tax cuts are showing their employees the money.
    . https://www.usatoday.com/story/money/2018/01/11/list-companies-paid-bonuses-boosted-pay-since-tax-bill-passed/1023848001/
    "List of Electric, Gas, and Water Utility Companies Lowering Rates As a Direct .... But rather than raising customer rates, the utility said it will cut costs via fuel .... Black Hills Energy (Wichita, Kansas) – Because of the Tax Cuts and Jobs Act, the ..."
    https://www.atr.org/thanks-tax-reform-utilities-are-lowering-rates
    You have been wrong so often that you don't have a clue.
     
  15. rahl

    rahl Banned

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  16. fmw

    fmw Well-Known Member

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    I understand that. I think it should be illegal and the congress should be fired for malfeasance. We voters are irredeemable.
     

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