Republicans Hunt for Ways to Pay for Tax Cuts (salary, money, government)

[Goodnight]

Originally Posted by T-310

My child won’t need any safety net because she will be taught to be self reliant. And she is being taught that liberalism is evil.

And I don’t need any safety net do I should have the option of not paying into it.

How do you know what hand life will deal you in advance.

[bobspez]

There may not be a tax cut bill. If Rubio votes no and McCain misses the vote, it's over.

[majoun]

How about legalizing weed to pay for the tax cuts? (That idea would give Jeff Sessions a heart attack)

[JRR]

Originally Posted by PedroMartinez

Nobody has to pay for a tax cut, you simply cut spending. It’s pretty basic.

Easier said than done. Everyone is saying cut spending on other people but not on me. Each Congressperson is already circling wagons on their pet items

[moneill]

Originally Posted by PedroMartinez

And?

It’s still spending that causes debt.

I want spending cut.

Yup -- I'm with you.

It has to be significant and hurt us all - -not just one group -- not just one level of income -- all of us have to feel the pinch if we want to cut the deficit.

[moneill]

Originally Posted by JRR

Easier said than done. Everyone is saying cut spending on other people but not on me. Each Congressperson is already circling wagons on their pet items

But if we just cut everyone's spending.

Problem is you can't have a Mission to Mars and cut expenses to those in need. That's just hypocritical.

Cut the Mission to Mars AND other programs.

[PedroMartinez]

Originally Posted by Goodnight

Lack of taxes or spending, take your pick. Regardless this will increase the deficit and will require larger spending cuts or tax increases down the road. Taxes are relatively low now, we should could well afford to increase taxes in this environment beu here we go pouring gasoline on the fire.

Sorry, but you don’t understand the most basic of economics. ONLY SPENDING creates debt.

[PedroMartinez]

Originally Posted by man4857

I would disagree with this. I would tax unearned income at a higher level than earned income.

Someone working should be able to keep more of their cash versus someone sitting on a pile of cash doing nothing but getting paid out interest every month.
However, I'm not sure if there's even a possible mechanism that can be implemented that rewards savers. Because there are people who are good at saving and can accumulate a pile of cash over the years versus inherited wealth. But I would reward the savers and not the ones who were born into wealth.

You’re not very familiar with our tax code.

People making lots of money are paying more more taxes than those making much less money.

[man4857]

Originally Posted by PedroMartinez

Sorry, but you don’t understand the most basic of economics. ONLY SPENDING creates debt.

If you're reducing taxes, that's considered spending then no? You're spending it on people instead of the government.

Dude this is just a simple math equation. If you want to zero out the deficit, you either have to increase taxes, cut spending, or both.

There's no decrease taxes in this equation.

[reed067]

How about these so called people who are in office and are suppose to represent us take a pay cut. Seeing that they care so much about us.