Americans Paid $90 Billion MORE In Taxes After Republican Tax Cut

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Hello Flash,

Flash said:
Agreed. And Democrats push for irresponsible spending programs--free college, forgiving student loans, etc. Tax cuts and spending programs are all aimed at getting votes even if we think they are for a good cause. Republicans support anything Trump does even when liberal and Democrats just want to tax the rich to pay for everything.
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Nothing wrong with the rich paying to make America great again. That's the only way she got great in the first place.
 
PoliTalker said:
Nothing wrong with the rich paying to make America great again. That's the only way she got great in the first place.
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Flash: Democratic programs are irresponsible

Also Flash: Democratic programs are responsible but won't be responsible because Democrats won't raise taxes high enough to make them responsible, even though that is what Democrats are proposing.

Flash just wants to maintain a BoTh SiDeS aRe ThE sAmE because he's lazy as fuck.
 
Celticguy said:
See how that works ? Let people retain more of the pie they earned and the pie gets bigger. Thats called "economic growth". JFK ahowed the way here.
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What JFK actually said was: "If the economy today were operating close to capacity levels with little unemployment, or if a sudden change in our military requirements should cause a scramble for men and resources, then I would oppose tax reductions as irresponsible and inflationary -- and I would not hesitate to recommend a tax increase, if that were necessary."
 
PoliTalker said:
Hello Flash,

Nothing wrong with the rich paying to make America great again. That's the only way she got great in the first place.
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More government spending does not make America great again. And all Americans should share in any government obligations.

My main objection is that many of these programs accomplish little, reward additional spending, and give money to those liberals are often complaining about--contractors, wealthy businesses, multiple third parties who never accomplish the job but manage to spend all the money. Liberals argue that the wealthy rule the nation in their interests. While this is much too simplistic a view, the programs pushed by both Democrats and Republicans result in the very thing they criticize.
 
Flash said:
More government spending does not make America great again.
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Wouldn't it be great if college was free?

Flash said:
And all Americans should share in any government obligations.
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According to their ability to pay, and it needs to be accepted that the poor have no ability to pay.

Progressive taxation is the only way a great country will have the revenue to distinguish itself from a mediocre country.

Flash said:
My main objection is that many of these programs accomplish little, reward additional spending, and give money to those liberals are often complaining about--contractors, wealthy businesses, multiple third parties who never accomplish the job but manage to spend all the money. Liberals argue that the wealthy rule the nation in their interests. While this is much too simplistic a view, the programs pushed by both Democrats and Republicans result in the very thing they criticize.
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They add to the GDP.
 
LV426 said:
For the seventh time, they're not free! You're still paying a payroll tax. The gross amount you pay is determined by your income, but it's a flat rate.

Why can't you debate honestly? Why must you engage in sophistry as your sole tactic?
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Those without jobs will not get the healthcare since they pay no payroll taxes?
 
PoliTalker said:
Wouldn't it be great if college was free?
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You mean wouldn't it be nice if somebody else paid for our college.

It is essentially free to many students today who get grants. A recent story said wealthy parents were giving custody of their kids to others so they qualified for grants.

One problem is colleges popping up like those you see advertised on TV which exist only because of federal grants and loans The college is free to the students who often do not complete their programs, get a poor education, and do not repay their loans. When government money is available some will find ways to take advantage of it. It is taking away from those who really benefit from it.
 
Flash said:
Wasteful spending is a poor way to add to the GDP when you are taking it from the taxpayers. If the taxpayers kept more of that money and spent it they would also be adding to the GDP but in a more productive manner.
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Or they could just sit on it which does nothing for the GDP.
 
PoliTalker said:
According to their ability to pay, and it needs to be accepted that the poor have no ability to pay.

Progressive taxation is the only way a great country will have the revenue to distinguish itself from a mediocre country.
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Our federal income tax rate is very progressive. And it should not be based on ability to pay but what is fair. A person should not be required to pay more because some congressman wants to keep a military base open in his district the military says is unnecessary, build a weapon system the military did not request, or pay for military ceremonies at NFL games just because he can afford to pay more.
 
Flash said:
You mean wouldn't it be nice if somebody else paid for our college.

It is essentially free to many students today who get grants. A recent story said wealthy parents were giving custody of their kids to others so they qualified for grants.

One problem is colleges popping up like those you see advertised on TV which exist only because of federal grants and loans The college is free to the students who often do not complete their programs, get a poor education, and do not repay their loans. When government money is available some will find ways to take advantage of it. It is taking away from those who really benefit from it.
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A better way would simply be to extend K-12 to K-16. It would pay for itself because more people would be getting higher education and earning more, which would generate more revenue and pay for itself.
 
Cinnabar said:
The final numbers are rolling in from 2018 taxes, and so far Americans that aren’t in the top 1% of income earners paid an additional $90 billion in taxes last year. And that’s even AFTER the Republican’s tax scam bill took effect for the rest of us. We got hosed on this deal, and there’s no other way to say it.
Oh golly gee...what a surprise!
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Makes sense with record low unemployment.
 
Hello Flash,

Flash said:
Our federal income tax rate is very progressive. And it should not be based on ability to pay but what is fair. A person should not be required to pay more because some congressman wants to keep a military base open in his district the military says is unnecessary, build a weapon system the military did not request, or pay for military ceremonies at NFL games just because he can afford to pay more.
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OK, just to be straight here, you object to the concept of progressive taxation? Meaning you are for a flat tax, everybody pays the same, rich or poor?
 
LV426 said:
What JFK actually said was: "If the economy today were operating close to capacity levels with little unemployment, or if a sudden change in our military requirements should cause a scramble for men and resources, then I would oppose tax reductions as irresponsible and inflationary -- and I would not hesitate to recommend a tax increase, if that were necessary."
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And then reduced the top rate from 91% to 77% to 70%.
 
PoliTalker said:
Hello Flash,

OK, just to be straight here, you object to the concept of progressive taxation? Meaning you are for a flat tax, everybody pays the same, rich or poor?
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I didn't say I objected to the concept of progressive taxation. I said it is already very progressive. The effective rate of taxes paid increases as income increases. Those in the bottom 40% pay a negative rate because they get the Earned Income Tax Credit and those at the top over 20% effective rate. Those that make more pay more which is what progressive taxes are supposed to do.

I like the simplicity of a flat tax although the rate paid by all should not start until a person makes over $40,000 or so.
 
Hello Flash,

Flash said:
I didn't say I objected to the concept of progressive taxation. I said it is already very progressive. The effective rate of taxes paid increases as income increases. Those in the bottom 40% pay a negative rate because they get the Earned Income Tax Credit and those at the top over 20% effective rate. Those that make more pay more which is what progressive taxes are supposed to do.

I like the simplicity of a flat tax although the rate paid by all should not start until a person makes over $40,000 or so.
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Oh, OK, sort of a modified flat tax.

And no, I can't see how that would work very well at all. The rich pay much more of the revenue than the poor. What you're proposing would essentially strip away all the revenue generated by taxing the rich more than the middle. That revenue is absolutely vital for making our country great, so we can't really be great without it. We'd be quite mediocre. We would have to cut way back on government spending, which would translate into massive job loss, 2.1 million Americans employed by the government, so that would produce a lot of unemployment.

We're not collecting enough revenue as it is, which is extremely irresponsible during a strong economy, since it is impossible to increase revenue during a weak economy. Basically, the only time you can stock up on your hay reserves is while the sun is shining. That means the next recession is going to have a far greater impact on the debt than average because we didn't do that under Trump, we didn't prepare. We just spent.
 
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