WOW!!! White House chief of staff claims $3.5 trillion plan has ZERO cost

[Truth Detector]

Yes low grade porch honkey , that's why NY which is solid blue democrat is the financial commercial, cultural, also in art and tourism capital of the world

Wrong, you demented, low IQ, race hustling asshole on steroids; NY is blue because the people living in NY City are morons. Dumbass.

guAno
noun
gua·no | \ ˈgwä-(ˌ)nō
: a fertilizer containing the accumulated excrement of seabirds or bats broadly : excrement especially of seabirds or bats

[Truth Detector]

Lol ny is not the tourist capitol of the world its full of crime drugs idiots like you its expensive and poorly run its a shit hole your from there and know it

What do you expect from a repugnant, America hating, race hustling asshole like guAno.

[Truth Detector]

So, a guy with a degree in political science who became a liar...err, lawyer... is suddenly an expert in economics and accounting hum? This guy doesn't know his ass from his elbow and is talking nothing but shit.

The math should frighten every American. The problem is, most Americans don't even think about it. They just see they are getting free shit and cheer.

[Truth Detector]

The taxes on the rich and corporations would almost pay for it all. The increased tax revenue from the infrastructure jobs would do the rest. It is paid for. The Repubs never pay for anything they do.

^Dumbass didn't read the math. Here it is again for leftist dumbasses who are math and thought challenged:

$3.5 trillion, which will actually be $5 trillion when the dust settles, divided by 55,885,112 is $62,628,486 MILLION, that's right, MILLION for every tax payer. The notion that there is no cost can only be expressed by morons, liars or outright criminally insane. If we look at the actual costs, somewhere around $5 trillion, the number for each tax paying American becomes $89,818,207.

In other words dumbasses on the left; you could tax all the rich people in the US at 100% and it wouldn't pay for itself for decades. THINK snowflakes THINK!

By the way, corporations do not pay taxes knuckleheads. They COLLECT them. ALL their costs are passed on to the buyers of their goods and services. In other words, idiots like YOU are paying them every time you buy something or hire out for services. Dumbass.

[Truth Detector]

No, because the rich and corporations will change their behavior to avoid the taxes, just like they always do. The result will be revenues will fall far short of expectations and deficit spending will result.

[Nordberg]

It ain't working yet, is it?
Lots of jobs not being filled.

It has not been passed. Do you follow politics at all, or just read right wing crap?

[Truth Detector]

It has not been passed. Do you follow politics at all, or just read right wing crap?

As opposed to your left wing crap?

[RB 60]

It has not been passed. Do you follow politics at all, or just read right wing crap?

I don't read "right wing crap," nor do I watch it. I see what's going on, the wanted ads on posters in front of businesses, ads on my radio stations and ads in the local paper. There are will-train jobs advertised on my local rock & roll radio station starting out at over $20.. an hr, full benefits and vacation starting on day one. What does following politics have to do with that?

[Truth Detector]

Once again, the math:

$62,628,486 MILLION, that's right, MILLION for every tax payer. The notion that there is no cost can only be expressed by morons, liars or outright criminally insane. If we look at the actual costs, somewhere around $5 trillion, the number for each tax paying American becomes $89,818,207.

[Concart]

Most likely true. ROI needs to be only around 2% and the bill has paid for itself. I guess first grade economics is just another class that Truth Detector failed.

[archives]

The insanity of this President, his adminsistration and the Democrats controlling Congress know no bounds.

First, let's examine the idea that you can increase spending $3.5 trillion and not have costs associated with it. How is that even possible? The statement itself, other than being a massive lie, is asinine on it's merits. These people aren't merely liars, they are corrupt dishonest anti-American criminals.

Secondly, some simple math attached to this. According to the IRS, the number of returns were 143,295,160 in 2020. 61% of those tax returns had ZERO tax liability. That suggests that 55,885,112 Americans are carrying the burden of this bloated Federal bureacracy.

$3.5 trillion, which will actually be $5 trillion when the dust settles, divided by 55,885,112 is $62,628,486 MILLION, thats right, MILLION for every tax payer. The notion that there is no cost can only be expressed by morons, liars or outright criminally insane. If we look at the actual costs, somewhere around $5 trillion, the number for each tax paying American becomes $89,818,207.

Let these numbers sink in for a moment. It is unfathomable that we have a political party in this country throwing around trillions as if it were a mere number and claiming there is no cost associated with it. Mind numbing lame and stupid.

https://taxfoundation.org/summary-of...a-2020-update/

White House chief of staff tells Wall Street titans $3.5 trillion spending plan will ‘cost zero’

White House Chief of Staff Ron Klain on Wednesday claimed in front of an audience of Wall Street titans that the Democrats’ $3.5 trillion spending bonanza would “cost zero.”

He said that’s because the proposal already has a plan to fund its wish list, which includes a huge increase in social spending and so-called green spending.

“We have found a way to pay for every part of the spending with taxes,” Klain said in front of an audience of financial industry poohbahs at the annual SALT conference in New York. “The net cost of ‘Build Back Better’ is zero,” he said of the White House’s plan.

]

Appears "truthie" never heard of the included plan to raise corporate tax along with eliminating many existing deductions and loopholes, guess his right wing sources forgot to include that part

[Damocles]

Well, there you have it. That's what they were doing all this time in Area 51, making up a newfangled bill that spends trillions that has no cost.

[Concart]

Well, there you have it. That's what they were doing all this time in Area 51, making up a newfangled bill that spends trillions that has no cost.

If ROI exceeds borrowing costs, there is no cost. No aliens, magic, or voodoo needed. It's econ 101.

[Damocles]

If ROI exceeds borrowing costs, there is no cost. No aliens, magic, or voodoo needed. It's econ 101.

Basing it on magic "ROI" numbers does not make a zero cost bill reality. The government is infamous for its poor economic predictions used to support whatever pet project they want you to believe is "free".

[Stringfellow Hawk]

That is what an infrastructure bill does.

So democrats can't find a life sustaining job unless it is on the tax payer dime? There are plenty of jobs out there without it. Lazy fuckwads