Donald Trump Proposes to Suspend the Payroll Tax
- Thread starter Libhater
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Jake Starkey
Verified User
More going into debt with Trump.
Crepitus
Verified User
YOu're gonna hafta link that shit.
Or you could just admit you're talking outta yer ass again.
Why do I have to explain to supposed adults they should, if possible, pay their bills? Borrowing money is not "free money." It usually ends up costing you far more than it would have to just pay the bills.
I am not totally against borrowing, but it should be done carefully... Or at least out of desperation.
We are told that this is a "golden age", but at the same time trump has ramped up the deficit to the highest point outside of emergencies. As a percent of the GDP it was higher in WWII, but we were fighting for the survival of the free world. As an absolute number, it was higher during the pandemic, but things were bad then. Why does trump need so much extreme stimulus if he has a great economy?
Or maybe we do have a disaster going on which needs extreme stimulus. Maybe that disaster is called trump.
So we have a deficit that is probably at $2.4 trillion. trump is predicting that it will go down a lot, but realistically it will probably go up to $3.4 trillion. he wants to add $700 billion tariff subsidy, and suspend all payroll taxes $1.8 trillion(or higher if he is willing to go after state payroll taxes). So we are talking about about a $5.9 trillion deficit.
That would be a deficit of almost 20%. That is almost enough to fight WWII.
Here is a way to reduce that destruction. We could replace payroll taxes with higher taxes on the wealthy who do not pay much in payroll taxes. What do you say?
I am not totally against borrowing, but it should be done carefully... Or at least out of desperation.
We are told that this is a "golden age", but at the same time trump has ramped up the deficit to the highest point outside of emergencies. As a percent of the GDP it was higher in WWII, but we were fighting for the survival of the free world. As an absolute number, it was higher during the pandemic, but things were bad then. Why does trump need so much extreme stimulus if he has a great economy?
Or maybe we do have a disaster going on which needs extreme stimulus. Maybe that disaster is called trump.
So we have a deficit that is probably at $2.4 trillion. trump is predicting that it will go down a lot, but realistically it will probably go up to $3.4 trillion. he wants to add $700 billion tariff subsidy, and suspend all payroll taxes $1.8 trillion(or higher if he is willing to go after state payroll taxes). So we are talking about about a $5.9 trillion deficit.
That would be a deficit of almost 20%. That is almost enough to fight WWII.
Think about how much destruction your plan would create.
Here is a way to reduce that destruction. We could replace payroll taxes with higher taxes on the wealthy who do not pay much in payroll taxes. What do you say?
Which Democrats said that?
Tbird19482
Verified User
As it was said in post #3 I would like to see a link.
Nomad
Every trumper is a N4T.
Jake Starkey
Verified User
Both parties do it, then blame the opposition.
Both parties work for the oligarchs not us......Its a UniParty.......the Constitution is over.
The two party narrative has long been a lie, used by the criminals to distract us from their many crimes.
Jake Starkey
Verified User
... as led by President Trump, managing oligarch.
Look at how often he is doing the exact opposite of what he sold us under the MAGA brand.......saying as Don Jr said "Maga is my dads brand....it means whatever he says it does (today)".
We continue to be betrayed......that never changes.
Do you know how stupid a thing that is? You lack the ability for simple analysis,
whom Hawkeye supports. You should have seen him swan over TACO's selection of "only the best" women, one of whom is Melania, etc.
Tbird19482
Verified User
IF this was true and we still have NOT seen a link yet .
People would have more money in their pockets to spend and would spend it.
And when it came to pay their income tax it wouldn't be there how would they pay it?
Yakuda
Verified User
Good. Tax people on their purchases not their income.
Yakuda
Verified User
America has a spending problem not a revenue problem
gfm7175
Jesus is LORD!
Yup. The Jackass Party only represent criminals (e.g. illegal aliens) and mentally-ill people (e.g. so-called "transgenders") at this point. They don't give any shits about the so-called "working class", the backbone of this country. They get off on thieving the "working class" into poverty.