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Old 07-09-2020, 04:29 PM
 
764 posts, read 392,295 times
Reputation: 1134

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Biden said the first thing he will do as president is raise taxes! Here we go, tax and spend, tax and spend.
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Old 07-09-2020, 04:56 PM
 
21,430 posts, read 7,456,856 times
Reputation: 13233
Quote:
Originally Posted by lovemyfl View Post
Biden said the first thing he will do as president is raise taxes! Here we go, tax and spend, tax and spend.
How about some context?

Give us a link.

For the record, Trump dropped taxes on the wealthy (and essentially on himself and the billionaires in his cabinet) too low and we are running record deficits.

You all just got a lot richer,"
Donald J. Trump

Quote:
The Institute on Taxation and Economic Policy found that almost a third of the plan’s benefits would go to the wealthiest 1 percent of Americans in 2018.
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Old 07-09-2020, 04:59 PM
 
Location: Texas
2,005 posts, read 761,611 times
Reputation: 2553
Quote:
Originally Posted by Hesychios View Post
How about some context?

Give us a link.

For the record, Trump dropped taxes on the wealthy (and essentially on himself and the billionaires in his cabinet) too low and we are running record deficits.
I hate to break it to you, revenue has never been a problem for the federal government, how it’s spent has always been the problem.
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Old 07-09-2020, 05:05 PM
 
Location: Lone Mountain Las Vegas NV
18,058 posts, read 10,350,196 times
Reputation: 8828
Quote:
Originally Posted by GreenBouy View Post
I hate to break it to you, revenue has never been a problem for the federal government, how it’s spent has always been the problem.
Sorry but cutting taxes with a good economy and favoring the wealthy is simply brain dead. Trump would have a much better shot at reelection if he had balanced the budget or at least got closer. Clear that Obama was much wiser economically than Trump.
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Old 07-09-2020, 05:12 PM
 
21,430 posts, read 7,456,856 times
Reputation: 13233
Quote:
Originally Posted by GreenBouy View Post
I hate to break it to you, revenue has never been a problem for the federal government, how it’s spent has always been the problem.
Fiscal responsibility requires a balance between revenues and spending.

If we keep going this way (we can't) the Pentagon budget will have to be cut, and we all know how sacrosanct that is. Social Security and Medicare are in the cross hairs already.

It is no secret that the tax rates on the super rich and globalist corporations is way too low. Warren Buffet has famously stated that his rate is lower than his secretary's rate and that was long before the tax cuts for the rich Trump signed.

Warren Buffett and Bill Gates agree that the rich should pay higher taxes—here’s what they suggest

"We have never begun to tax the people in this country the way they should be ... I don't pay what I should. People in my class don't. People who have it should pay."
Henry Morgenthau Jr. | May 9, 1939
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Old 07-09-2020, 09:38 PM
 
289 posts, read 143,609 times
Reputation: 489
Quote:
Originally Posted by lovemyfl View Post
Biden said the first thing he will do as president is raise taxes! Here we go, tax and spend, tax and spend.
Don't forget when he referred to police officers as enemies and is in support of defunding the cops.
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Old 07-09-2020, 10:28 PM
 
Location: alexandria, VA
16,352 posts, read 8,095,474 times
Reputation: 9726
Quote:
Originally Posted by RUtoTX View Post
Don't forget when he referred to police officers as enemies and is in support of defunding the cops.
BS.


President Donald Trump repeatedly claimed that Democratic rival Joe Biden wants to "defund the police." But there was no record of Biden taking that position at the time of Trump’s claims, and Biden has since rejected the idea through a spokesman and in a TV interview
https://www.politifact.com/factcheck...defund-police/
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Old 07-10-2020, 04:46 AM
 
764 posts, read 392,295 times
Reputation: 1134
Quote:
Originally Posted by Hesychios View Post
How about some context?

Give us a link.

For the record, Trump dropped taxes on the wealthy (and essentially on himself and the billionaires in his cabinet) too low and we are running record deficits.

You all just got a lot richer,"
Donald J. Trump
Said on the news yesterday he is going to repeal every tax cut Trump made.
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Old 07-10-2020, 06:31 AM
 
59,053 posts, read 27,306,837 times
Reputation: 14285
Quote:
Originally Posted by Hesychios View Post
How about some context?

Give us a link.

For the record, Trump dropped taxes on the wealthy (and essentially on himself and the billionaires in his cabinet) too low and we are running record deficits.

You all just got a lot richer,"
Donald J. Trump
About 85% of ALL taxpayers got a a tax CUT.

"(and essentially on himself and the billionaires in his cabinet)" it stands to reason, something many dems lack, that those that pay the MOST will get the biggest cuts.

Dems love to throw around "fair share" except when it comes to actual taxes dollars. Those billionaires, you seem to despise. pay the MOST in actual dollars then all others combined.

Heaven forbid those that pay the MOST should get the biggest cut.

"too low and we are running record deficits."

As with every time taxes were lowered the the revenues to to the fed went UP.

The problem is SPENDING and the House, run by dems, have passed budget after budget with spending INCREASES. They even threw in MILLIONS of dollars of "pork" onto the bill to help business's and people suffering money wise from the pandemic.

Show us where YOU complained about any of this proposed spending.

Please expand how any of these have anything to do with the virus:

"$1.1 billion in the Pelosi bill would have more than doubled the budgets of The Institute of Museum and Library Services and the National Endowment of the Arts and the Humanities. The Senate bill provided funding of $200 million.
  • $25 million in the Senate bill went to the John F. Kennedy Center for the Performing Arts in Washington, D.C. During the past ten years, the center received $68.3 million in federal grants (2010-2019). The Kennedy Center has total assets of $557 million. The Pelosi bill earmarked $35 million.
  • $75 million in the Senate bill funded the Corporation For Public Broadcasting. Why do National Public Radio and Big Bird get a coronavirus subsidy? The Pelosi bill allocated $300 million.
  • $1.2 billion in the Pelosi bill to require airlines to purchase expensive “renewable” jet fuel. It was $200 million per year in grants (2021-2026) to “develop, transport, and store sustainable aviation fuels that would reduce U.S. greenhouse gas emissions.” The Senate bill eliminated this provision.
People of goodwill can debate each of these goals, but is it truly emergency spending? For example, what is the public purpose for the Smithsonian Institution receiving an additional $7.5 million in this time of crisis? Both bills provided these funds.
While governors begged for vital medical supplies, the spending packages each contained massive increases even in obscure, small agencies.
$1.1 billion in the Pelosi bill would have more than doubled the budgets of The Institute of Museum and Library Services and the National Endowment of the Arts and the Humanities. The Senate bill provided funding of $200 million.
  • $500 million in the Pelosi bill to The Institute of Museum and Library Services (FY2019 budget: $230 million). This agency is so small that it doesn’t even employ an inspector general. The Senate bill provided $50 million.
  • $600 million in the Pelosi bill to National Endowment of the Arts and the Humanities (FY2019 budget: $253 million) – In 2017, our study showed eighty-percent of all non-profit grant-making flowed to well-heeled organizations with over $1 million in assets. The Senate bill provided $150 million.
https://www.forbes.com/sites/adamand.../#483c9fca60ae
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Old 07-10-2020, 07:08 AM
 
Location: Cape Cod
24,495 posts, read 17,232,699 times
Reputation: 35792
Biden's "new message"?



Did he forget the old one already?




Let me help him out. Orange Man Bad must Beat..
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