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Look, I'm lucky and fall above this average, but I'd like more money so I don't think its fair that everyone is making this much when I have additional needs, I mean do they even need it all? There are over 120M American households, multiply that times $53K and that is a TON of money, what an unbelievable system!!!
All that money out there and I want more but cant get my hands on it. How do I vote for someone who will find a way to take money from them and give it to me?
WHERE in the cited article is it stated these people are being given the $$$?
Maybe they're radicals actually working for it.
They must be having it just given to them. I have no idea what they do for work and I don't understand it so I'm sure it is all a scam and I can probably do their job better. Cut to the chase and just give me their money. Its not fair, nothing is fair I want more for doing less...or better yet, more for doing nothing. How do we get there from here?
Location: By the sea, by the sea, by the beautiful sea
68,330 posts, read 54,428,613 times
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Quote:
Originally Posted by t206
They must be having it just given to them. I have no idea what they do for work and I don't understand it so I'm sure it is all a scam and I can probably do their job better. Cut to the chase and just give me their money. Its not fair, nothing is fair I want more for doing less...or better yet, more for doing nothing. How do we get there from here?
Try the classifieds, maybe someone's hiring people who bait lines and drive around with them behind the boat.
There are over 120M American households, multiply that times $53K and that is a TON of money, what an unbelievable system!!!
well, that's $6.3 trillion.
If you tax that at 20%, that gives you $1.2 trillion / year.
Social Security spends $845b / yr
Medicare/other gov't health spending is $831b/yr
the military is about $600b / yr
....which are just 3 programs.
... so you can see that cutting food stamps and such is not going to scratch the surface. The only way to shrink spending to match the tax base is to almost-entirely eliminate Medicare, SS, and the military.
And for what, exactly? Balancing the budget wouldn't reduce our taxes. It wouldn't reduce the cost of living. It wouldn't create jobs or grow the economy. It wouldn't put more money in your pocket. It will have no broader impacts besides the feeling of having a balanced budget, which for an entity that creates its own currency, is nothing more than an accounting exercise.
The take away should be that :
A) Having the reserve currency, plus a no-reserve lending system to the private sector, makes it almost-impossible for our tax base to keep up with our costs of running the government.
B) Wages are increasingly a poor source of government revenue, while wealth accumulates untaxed, which makes "cutting spending" an unrealistic path to balancing the budget.
Try the classifieds, maybe someone's hiring people who bait lines and drive around with them behind the boat.
I'm terrible at bating...last time I tried it didn't work and I didn't get paid for it either. There must be a way for me to just take money that isn't mine because I don't think other people deserve to have it instead of me?
If you tax that at 20%, that gives you $1.2 trillion / year.
Social Security spends $845b / yr
Medicare/other gov't health spending is $831b/yr
the military is about $600b / yr
... so you can see that cutting food stamps and such is not going to scratch the surface. The only way to contain spending is to almost-entirely eliminate Medicare, SS, and the military.
And for what, exactly? Cutting spending wouldn't reduce our taxes. It wouldn't reduce the cost of living. It wouldn't create jobs or grow the economy. It wouldn't put more money in your pocket.
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