Federal Taxes, your take (employment, regular, solutions, politician)
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Way too much spending on defense. But I suppose people in high places need their salary. Just imagine how many people and companies benefit from our huge defense budget.
How about changing the corporate tax structure so companies like Apple can't park billions overseas in countries like Ireland? Lower the corporate tax rate and make it illegal for foreign entities of US companies to pay foreign taxes. The billions you get back will be more than jumping the income rate 2-3%.
I'm in favor of less Federal and more State taxes. Its not an efficient way of doing things. I am pro/former military and I think the DOD budget could be cut 10-15% there is a ton of fat in the military.
While fuel is so cheap now, add a gas tax to cover road maintenance and infrastructure.
Way too much spending on defense. But I suppose people in high places need their salary. Just imagine how many people and companies benefit from our huge defense budget.
Yes fish. When questioned on why the defense industry's contracts for out-of-date and useless hardware continues year after year, the government has said that they "must keep the industry busy and healthy (profiting) so that when important new hardware is needed, the industry will be ready to jump into action and produce quickly... -no need to hire, tool up, plan, and prepare."
Bunk. That wasn't a problem at any time prior to defense industry waste. The truth is that the industry is a big contributor to campaigns and is a heavy lobbying power.
I told you: it "stops" at the tax rate we had when Reagan took office.
It stop when you say it stops?
You're not making sense nor a point here. It's just personal anecdote.
I think people with first hand experience have more pull than some website, because everything on the internet is true.
Communism is dead. There are no communists in this country other than a few fringe whacko CPUSA nutjobs. I say this and I favor socialism. But you are talking personal anecdotes and trying to give them weight.
There is a whole communist party, I run in to many communist; I could be wrong but isn't half of Asia communist?
Ya, whatever.
If you are homeless, keep posting. I'm getting some clues here.
Sorry but I hate when rich people in their safe little neighbor hoods talk about something they read on the internet or saw on date line. In fact you the blue version of right wing nut jobs.
Last edited by Nothere1; 08-31-2016 at 01:52 PM..
Reason: spelling
maybe. I haven't done the math. But cutting military by 50%, making all foreign bases profit centers, cutting all corporate and individual welfare and all corporate subsidies will get us close.
Federal taxes.
First the system is needlessly complex and top heavy with far too many loopholes.
Second. We are over taxed for the services we receive.
Third. Far too many don't pay a fair share.
We have no right to raise taxes without first cutting out the billions in waste and the billions spent on foreign aide.
We are talking about S.S. here. Regarding S.S., the gov does NOT "pull money from places to cover expenses".
Whatever that means.
It's BS and you have no link to show otherwise.
My what?
(Rambling opinion of no consequence. No point.)
(More rambling)
This started when you incorrectly identified doctors and other healthcare providers as "middlemen".
Other health care provider as "middle men", you don't know what middle men are.
(More unsupported opinion with no actual point)
By the way, my GP got his degree in Nova Scotia and thought our future system was a mess, as do many.
(More unsupported opinion of no consequence)
In all this I'm giving you Professionals in those fields advice and actions, I thought that might credible. I just give up on people who don't want to have a conversation, all they want is say your lying.
Wow. I suppose you vote too.[/quote]
Hope everyone votes, I like democracy.
Great! How much does that save us? Where do all those overseas service members go?
"In FY 2016, total US government spending for defense (including military defense, veterans affairs, and foreign policy) is budgeted to be $829.1 billion. Military spending is budgeted at $604.5 billion, Veterans spending is budgeted at $178.2 billion, and foreign policy and foreign aid spending is budgeted at $46.5 billion."
Now let me break that down for you. That is not the fault of S.S. The bonds were paid for just as bonds purchased by anyone who has bought Treasuries paid for theirs. And the money is owed just as it is for millions of Americans who own Treasuries, and pension funds, and foreign investors, and everyone else. They are still considered to be the safest investment we have. But the point is that S.S. paid for theirs in the Trust Fund. And the question is "what do you want to do about that?" Do you deny your debts? Do you stiff those you owe? Government owes S.S. what is theirs.
You have me mixed up with other posters, I never said SS was the problem. In point of fact, SS has MADE the government money. The problem is that the rest of the government spent it all. And the rest of the government is trying to restructure Social Security so that it doesn't HAVE to go into the Trust Fund, so that the US government can get out of paying the money back. THAT's why there's all this talk about restructuring Social Security. The the Government owes SS what is theirs, but I don't think they can pay it back.
Quote:
Originally Posted by Kode
But just think: when banks were facing failure if you and everyone had just said "ah heck, just cut what you owe me, ... cancel it. I don't want it" the banks would have recovered much more easily. But your numbers are incorrect as you will see in a moment...
I agree with this. I was disgusted by the bank bailout, and think we should have let the banks fail, and picked up the pieces afterwards. In fact, I attended one of the original "Tax Day Tea Party" protests about that very issue, before the Tea Party was taken over by radical right-wing crazies.
Quote:
Originally Posted by Kode
I think you meant "billion"
You are correct, thanks for catching my typo
Quote:
Originally Posted by Kode
The 2015 deficit was $438 billion. The 2016 deficit is estimated to total $616 billion. So your point, whatever it was, is moot. And your condescending attitude is inappropriate. I worked as a financial planner though I am now retired.
Sorry to burst your bubble.
There are different projections. If you would like to take the more conservative projection, okay sure. $616 billion deficit. But yes, you're right, it's moot. The point is that the debt is $17 trillion and growing (by the deficit). Since you were a financial planner, you know that the amount of the deficit is not as important as the fact that we just keep running a deficit, when it comes to being able to pay back our liabilities and keep up our credit rating.
(More unsupported opinion of no consequence)
In all this I'm giving you Professionals in those fields advice and actions, I thought that might credible. I just give up on people who don't want to have a conversation, all they want is say your lying.
Wow. I suppose you vote too.
Hope everyone votes, I like democracy.
Just a tip for you: you are not using the quoting software correctly and it makes for confusion. And you need to proofread your posts.
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In point of fact, SS has MADE the government money. The problem is that the rest of the government spent it all. And the rest of the government is trying to restructure Social Security so that it doesn't HAVE to go into the Trust Fund, so that the US government can get out of paying the money back. THAT's why there's all this talk about restructuring Social Security. The the Government owes SS what is theirs, but I don't think they can pay it back.
