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Old 03-06-2021, 06:16 AM
 
3,730 posts, read 1,769,945 times
Reputation: 3701

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Aren’t dims just marvelous!

Quote:

A tax expert warned that IRS penalties ‘can destroy a person’s life’ and said many gig economy workers won’t be able to afford this sudden tax hike.
https://fee.org/articles/democrats-j...ijL7oNoLt5uScw

 
Old 03-06-2021, 06:21 AM
 
19,387 posts, read 6,518,779 times
Reputation: 12310
What’s sad is that the Dems are trying to reward unemployed people by excusing taxes on their unemployment benefits, while punishing those who went out and got a part-time gig to earn some money.
 
Old 03-06-2021, 06:27 AM
 
Location: Houston
26,979 posts, read 15,911,312 times
Reputation: 11259
We should never worry about revenues and just keep spending.

It's more conservative to tax and spend then borrow and spend.

Our Trumpies seldom cry about spending but just try raising revenues to pay for that spending and they raise a ruckus.
 
Old 03-06-2021, 06:28 AM
 
Location: Houston
26,979 posts, read 15,911,312 times
Reputation: 11259
I got a message not to trust that link.
 
Old 03-06-2021, 06:32 AM
 
Location: War World!
3,226 posts, read 6,643,156 times
Reputation: 4948
I seriously don't understand why we're paying taxes right now. Especially since last year. Imagine if we could put our political biases aside and just decide we're not paying taxes this year? Instead, I see too many people too eager to pay their taxes.
 
Old 03-06-2021, 07:08 AM
 
45,250 posts, read 26,493,925 times
Reputation: 25005
Quote:
Originally Posted by Lital_The_Best View Post
I seriously don't understand why we're paying taxes right now. Especially since last year. Imagine if we could put our political biases aside and just decide we're not paying taxes this year? Instead, I see too many people too eager to pay their taxes.
I read or heard somewhere that if just a quarter of those who presently pay taxes, stopped, the fed govt would collapse. Dont know if its true, but it gives me hope.
 
Old 03-06-2021, 07:41 AM
 
Location: the very edge of the continent
89,089 posts, read 44,917,204 times
Reputation: 13727
Quote:
Originally Posted by whogo View Post
We should never worry about revenues and just keep spending.

It's more conservative to tax and spend then borrow and spend.

Our Trumpies seldom cry about spending but just try raising revenues to pay for that spending and they raise a ruckus.
What are you talking about? Tax revenue increased after the Trump tax cuts. Why? Tax cuts stimulate the economy.

Quote:
"It is widely believed, with plenty of evidence to support the hypothesis, that tax cuts spur economic growth. Over the past six decades, tax cut legislation has been implemented by elected officials of both political parties. The Kennedy tax cuts in 1964, Reagan’s tax cuts in 1981, the Clinton/Gingrich tax cuts in 1997, the Trump tax cuts in 2017, and more locally North Carolina’s tax cuts and reforms in 2013 all did what their advocates said the tax cuts would do: they increased economic growth rates and secondarily enhanced government revenues."
Tax Cuts Spur Economic Growth, Thereby Increasing Tax Revenues
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