National Debt Thoughts · Page 3

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RayR
Herf-A-Holic

3 years ago

#41

The Democrats recently had control of the House, Senate, and Presidency. Has anyone asked why they did not eliminate the debt ceiling or just raise it to $60 trillion?

HockeyDad wrote:

That's easy, if that did that, they couldn't blame the Republicans for wanting to shut the government down and default on the debt.

rfenst
Herf-A-Holic Topic Starter

3 years ago

#42

The Democrats recently had control of the House, Senate, and Presidency. Has anyone asked why they did not eliminate the debt ceiling or just raise it to $60 trillion?

HockeyDad wrote:

Because both would be irresponsible. Reps could have done this too throughout history, but haven't either- despite voting for limit increases many times.

We shouldn't extend debt until we need to when there is a short-fall.

This is the historical process, for better or worse.

Brewha
Herf-A-Holic

3 years ago

#43

Maybe we should get rich people and corporations to pay taxes....

- nahw, it'd never work.

HockeyDad
Herf-A-Holic

3 years ago

#44

Maybe we should get rich people and corporations to pay taxes....

- nahw, it'd never work.

Brewha wrote:

They already pay all the taxes.

Brewha
Herf-A-Holic

3 years ago

#45

They already pay all the taxes.

HockeyDad wrote:

With what? Thoughts and prayers?

HockeyDad
Herf-A-Holic

3 years ago

#46

With what? Thoughts and prayers?

Brewha wrote:

With their hard earned money. Thought and prayers is silly since they have no value to those that have already killed God.

Brewha
Herf-A-Holic

3 years ago

#47

With their hard earned money. Thought and prayers is silly since they have no value to those that have already killed God.

HockeyDad wrote:

God died???

Are you sure he's not just on vay-k?

DrMaddVibe
Herf-A-Holic

3 years ago

#48

God died???

Are you sure he's not just on vay-k?

Brewha wrote:

Permanently for you.

He gave you a rebate for your trendy fart car.

Show thanks.

Abrignac
Herf-A-Holic

3 years ago

#49

rfenst wrote:

Neither party can take the high road. Both are EQUALLY responsible for the fiscal mess we find ourselves having to endure.

rfenst
Herf-A-Holic Topic Starter

3 years ago

#50

They already pay all the taxes.

HockeyDad wrote:

So says the rich man. [whip]

HockeyDad
Herf-A-Holic

3 years ago

#51

So says the rich man. [whip]

rfenst wrote:

In California the top 1% pay 50% of the state’s income tax. The bottom 60% pay 2% of the state’s income tax.

Brewha
Herf-A-Holic

3 years ago

#52

He gave you a rebate for your trendy fart car.

Show thanks.

DrMaddVibe wrote:

Your envy is noted.

Brewha
Herf-A-Holic

3 years ago

#53

In California the top 1% pay 50% of the state’s income tax. The bottom 60% pay 2% of the state’s income tax.

HockeyDad wrote:

In Texas the top 1% pay ZERO state income tax.

And pretty much live for free at the federal tax level.

RayR
Herf-A-Holic

3 years ago

#54

Your envy is noted.

Brewha wrote:

If you were a patriotic Democrat who cared about your rulers and their fiscal incompetence and criminality, you would have refused the tax credit for the good of the regime.

Brewha
Herf-A-Holic

3 years ago

#55

If you were a patriotic Democrat who cared about your rulers and their fiscal incompetence and criminality, you would have refused the tax credit for the good of the regime.

RayR wrote:

You really struggle with simple ideas, don’t you….

HockeyDad
Herf-A-Holic

3 years ago

#56

In Texas the top 1% pay ZERO state income tax.

And pretty much live for free at the federal tax level.

Brewha wrote:

In Texas the bottom 99% also pay ZERO state income tax.

At the federal level the top 1% pay 42% of the nation’s income tax.

RayR
Herf-A-Holic

3 years ago

#57

Once again Brewha has proven he's full of chit. 💩💩💩💩💩
As a DEMO-HYPOCRITE he lives in Texas, where he is free of "paying his fair share" of a Marxist State Income Tax and other progressive favorites for robbing the proles.

"Texas has no income tax, and it doesn't tax estates, either. Its inheritance tax was repealed in 2015.

The sales tax is 6.25% at the state level, and local taxes can be added on. Texas also imposes a cigarette tax, a gas tax, and a hotel tax.

There's no personal property tax except on property used for business purposes.

Real estate taxes are set, and appraisals are performed by county districts. Numerous property tax exemptions are available."

Brewha
Herf-A-Holic

3 years ago

#58

In Texas the bottom 99% also pay ZERO state income tax.

At the federal level the top 1% pay 42% of the nation’s income tax.

HockeyDad wrote:

Gaslight!

rfenst
Herf-A-Holic Topic Starter

3 years ago

#59

If you were a patriotic Democrat who cared about your rulers and their fiscal incompetence and criminality, you would have refused the tax credit for the good of the regime.

RayR wrote:

Just like you would return or actually have returned any government benefits you will or currently receive?

After all, what's "good for the goose is good for the gander."

Walk the walk big-shot.

HockeyDad
Herf-A-Holic

3 years ago

#60

Gaslight!

Brewha wrote:

Nope. It’s all true.

The beauty of California’s heavy progressive tax system is if the top 100,000 incomes out of 39 million people left the state, 50% of the income tax revenue would vanish.

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