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View Poll Results: Are you happy your taxes are going up?
Yes 22 29.73%
No 52 70.27%
Voters: 74. You may not vote on this poll

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Old 11-30-2017, 11:28 PM
 
12,712 posts, read 4,596,955 times
Reputation: 5159

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Quote:
Originally Posted by workingclasshero View Post
defense budget is only about 650b

we spend over 2 trillion in social programs...that's where we need to start
People born disabled who cant work get $700 a month now to survive on. How much of that such be cut? What if your children were born disabled and could never work?
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Old 11-30-2017, 11:46 PM
 
Location: Tennessee
34,599 posts, read 33,585,802 times
Reputation: 51703
I'd like to do it but I don't know my gross annual pension off the top of my head. I don't itemize now/take any credits so the only change for me will be in the tax rate and standard deduction up to $12,200.

I'm telling you, when people start fondling that bigger refund next year, all the babble goes out the window if the Republicans have the ad ready to go that reminds voters that they gave it to them and the Democrats didn't want them to have it. Again, I'm assuming the Republicans are smart enough to start the law for tax year 2017 so people realize it in the same year as they vote.
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Old 11-30-2017, 11:47 PM
 
Location: New Orleans, La. USA
5,919 posts, read 2,820,733 times
Reputation: 2181
Quote:
Originally Posted by Toyman at Jewel Lake View Post
Attached are two tax plan calculators, one (top) based on the Republican tax plan-the other based on current tax law. Become educated-don't just paste liberal talking points. Take the 2 minutes and run your own numbers.

https://www.calcxml.com/calculators/...orm-calculator

https://www.moneyhelpcenter.com/taxe...ax-calculator/

Based on these, do you pay more or less, and how much?
Trumps tax plan does temporally give many regular Americans significant tax cuts.

-$25,000 salary: estimated annual tax savings of $202.
-$75,000 salary: estimated annual tax savings of $2,078.
-$175,000 salary: estimated annual tax savings of $4,289.
Trump tax plan: How it affects you if you make $25k, $75k, or $175k - Business Insider

But the tax cuts for regular Americans only last 5 years.
https://www.washingtonpost.com/news/...=.46f4819d346f


Is 5 years of tax cuts worth adding $2.2 trillion dollars to our deficits and national debt?
Trump and GOP Tax Cut Could Cost Your Kids $2.2 Trillion | Time

And Trumps tax plan will also lead to more offshoring of U.S. jobs and a larger trade deficit.
https://www.washingtonpost.com/news/...=.e515151e11e8


Then Trumps budget cuts huge amounts of money from government programs to pay for the tax cuts,

Trump's budget cuts $9.2 billion dollars in spending for education.
https://www.npr.org/sections/ed/2017...s-to-education

Trumps budget cuts billions of dollars from science, medical research and disease prevention programs.
https://www.washingtonpost.com/news/...=.4f1b81f48ed1

Trump’s budget cuts $561 million dollars from NASA.
Here's what we'll lose with Trump's proposed NASA budget cuts - Business Insider

Trumps budget cuts 14% of the Coast Guards budget.
https://breakingdefense.com/2017/04/...-fixing-roofs/

Trumps budget cuts EPA funding for Superfund sites, clean air and water programs by 31%.
Trump's budget cuts EPA by 31 percent, follows campaign promise to diminish the agency - ABC News

Trumps budget cuts $70 billion dollars from disabled workers.
Donald Trump Budget: Who Loses Disability Benefits | Time.com

Trumps budget cuts 9% of funds for disaster-relief programs like FEMA.
https://www.washingtonpost.com/polit...=.ece9b4a8f048

Trump's budget cuts the Centers for Disease Control and Prevention (CDC) budget by 17% or $1.2 billion dollars.
Trump's proposed 2018 budget cuts to NIH, CDC, FDA, HHS backlash - Business Insider

Trump's budget cuts $838 million dollars from the National Institute of Allergy and Infectious Diseases.
https://www.washingtonpost.com/news/...=.8367b79af82d

Trump's budget cuts funding for medical research, the prevention of HIV/AIDS and cuts programs to fight infectious disease outbreaks.
https://www.npr.org/sections/health-...n-trump-budget

Trump's budget cuts $1.8 trillion dollars in healthcare funding.
https://www.vox.com/policy-and-polit...dget-explained

Trump's budget cuts over a trillion dollars of government assistance for poor Americans.
https://www.nytimes.com/2017/05/22/u...dget-cuts.html
Trump's budget could cut Medicaid, children's health and food stamps | Charlotte Observer


In total Trumps budget cuts $3.6 trillion dollars from programs used by poverty stricken and regular Americans.
Trump budget cuts spending by $3.6 trillion over 10 years, with deep cuts to safety net - Chicago Tribune


Is 5 years of tax cuts worth adding $2 trillion dollars to our national debt, the offshoring of more U.S. jobs, larger trade deficits, and cuts to government programs in everything from education to disease prevention?

Last edited by chad3; 12-01-2017 at 01:15 AM..
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Old 11-30-2017, 11:58 PM
 
Location: Charlotte, NC
4,760 posts, read 6,410,324 times
Reputation: 5237
Quote:
Originally Posted by PCALMike View Post
People born disabled who cant work get $700 a month now to survive on. How much of that such be cut? What if your children were born disabled and could never work?
I seriously doubt anyone is advocating cutting off funding for people who truly need help. There are numerous places where budget cuts could be made that will not have any impact on on people who need help. Personally, I think those who are truly disabled should get some help. But, this isn't a thread for complaining about what constitutes a disability.

There is so much redundancy and inefficiency in the federal government that it should be pretty easy to trim a few billion here and there to add up to some real money.

Again, you and I have a hard budget. Why doesn't the government? The answer is they look at us like an ATM that never runs out of cash.
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Old 12-01-2017, 12:01 AM
 
Location: Caverns measureless to man...
7,241 posts, read 4,639,962 times
Reputation: 16341
Quote:
Originally Posted by evilcart View Post
I absolutely agree, they way they set this up will quietly erode SS benefits AND directly target them.

SHOCKING seniors are just twiddling their thumbs, normally they step up. In fact what use is AARP if they don't do anything.
There's been no time for any group or organization to mount any sort of organized reaction - that's why these fascist vermin have rammed this through so fast.
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Old 12-01-2017, 12:22 AM
 
Location: Chicago, IL
6,754 posts, read 3,389,807 times
Reputation: 2820
Quote:
Originally Posted by Retroit View Post
If people have more money to spend, they will spend it.
The billions that the mega rich have squirreled away in trust funds to pay for their heirs' life of leisure says otherwise.

Likewise, the billions sitting offshore in foreign accounts to hide from the govt.

Face the facts.... Giving the rich more money is the least efficient way to boost the economy.
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Old 12-01-2017, 12:29 AM
 
Location: New Orleans, La. USA
5,919 posts, read 2,820,733 times
Reputation: 2181
Quote:
Originally Posted by Toyman at Jewel Lake View Post
You chose to ignore his signature law from his entire time in office? Obamacare both dramatically increased the debt...while at the same time making health insurance unaffordable to a great many people.

http://iwvoices.com/obamacaredebt.pdf

Oh, and in case you forgot-Obamacare also cut nearly 1 trillion from Medicare to fund O-Care. Might want to remember that the next time you're tempted to blame Rs for cutting it.

Obamacare Is Draining Medicare Advantage Fund | The Daily Caller
According to your source "(Obamacare) cost $1.072 trillion in subsidies during the first ten
years."

So Obama added another $1 trillion dollars to our national debt with Obamacare.
http://iwvoices.com/obamacaredebt.pdf


A republican poster claimed Obama added $10 trillion to our debt. And so far we have Obama adding the following to our debt,

Obama added about $2.7 trillion dollars to our national debt from 2013-2022 by extending 82% of the Bush tax cuts.
Budget Deal Makes Permanent 82 Percent of President Bush

Obama added $831 billion dollars to our debt with his stimulus.
https://en.wikipedia.org/wiki/Americ...nt_Act_of_2009

And Obama added $1 trillion dollars to our national debt with Obamacare.
http://iwvoices.com/obamacaredebt.pdf

The above numbers show Obama adding $4.6 trillion dollars to our national debt. But the republican poster claimed Obama added $10 trillion to our debt.

So again I ask the question, if republicans are unable to show how Obama added $10 trillion to our debt, should they be making that claim?


Note: Your Obamacare source "Independent Women's Voice" is a group advocating conservative policy such as limited government and free markets. And this group is funded by corporate interests like the Koch brothers.
https://www.sourcewatch.org/index.ph...omen%27s_Voice

Your source is pretending to be a group looking out for women's health and women's families in America (when in reality they are a corporate group looking corporate deregulation and supply side tax cuts.)
http://iwvoices.com/obamacaredebt.pdf

Do you think such a source should be trusted?
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Old 12-01-2017, 12:34 AM
 
Location: Washington State
18,219 posts, read 9,441,746 times
Reputation: 15521
Quote:
Originally Posted by Toyman at Jewel Lake View Post
Attached are two tax plan calculators, one (top) based on the Republican tax plan-the other based on current tax law. Become educated-don't just paste liberal talking points. Take the 2 minutes and run your own numbers.

https://www.calcxml.com/calculators/...orm-calculator

https://www.moneyhelpcenter.com/taxe...ax-calculator/

Based on these, do you pay more or less, and how much?
My taxes would be reduced by about $8300.

Last edited by Tall Traveler; 12-01-2017 at 12:43 AM..
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Old 12-01-2017, 12:54 AM
 
4,355 posts, read 5,561,324 times
Reputation: 5142
If this is accurate, my taxes would go up by about $850.
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Old 12-01-2017, 12:59 AM
 
Location: Washington State
18,219 posts, read 9,441,746 times
Reputation: 15521
I ran the calculator and taxes going down by $8300/yr. under the Republican plan. I would be happy to pay more taxes if was targeted 100% to pay down the debt.
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