Saturday, May 20, 2023

If We're Going to Claw Back Stuff to Cut the Deficit

Let's claw back Trump's tax cuts. Trump had no problem with raising the debt ceiling to cover the deficits run up by his tax cuts.

We should never forget that this country was on the road to slash the deficit before Dubya cut taxes and then got into two wars at the same time.

That's the GOP's plan: Cut taxes for the rich, stomp harder on the poor and the workers.. Then cover that up with bullshit culture wars.

In the meantime, the GOP is beginning to tromp down the road of appeasing Putin.

And let's not forget: Brazil and India are not exactly our friends.

15 comments:

  1. SO where would you put the tax rates?

    Define "Rich" please.

    I'm not against what you are saying, but typically there are no details.

    Does a poor man use less police, fire, Dept of Ed, military, or any other government than a "Rich" man? If not, then why should one pay more than the other? Please explain. Why should a "rich" man (or woman) pay a higher dollar amount (or a higher percentage) than others?

    Not looking to start a fight, just trying to understand your thought processes

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  2. 1) Unwind Trump’s tax cuts.

    2) Tax investment income, for those who make a living that way, at the rate for wage-earners.

    3) Reapply Social Security taxes for incomes over $1m a year.

    There’s three ideas.

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  3. Somehow Republicans find money for the latest military gadget, or moar government to keep wimmen from aborting their child a month after delivery(sarcasm alert). Funny how they can’t cut spending on either of those things.

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  4. Here’s an idea, if businesses are individuals, tax them like individuals. If a business wishes to forgo the “advantages” of being legally treated as an individual, allow them to use the pre-Trump business tax rules…

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  5. It's a safe bet, *, that you're not. You're just parroting what you heard on tv ...

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  6. B, as Warren Buffet was cited as saying, his secretary paid a higher rate in taxes than he did.

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  7. All compelling arguments B, Let's tax everyone at an honest 5% rate. ( Or pick a number) and tax AT THAT RATE!!!. no accountants, no carveouts, no "American business protection act" or some such nonsense. No exceptions. but how is it fair that achievers, I mean conservatives pay the same rate as morons? Being an achiever, you could help me out here and fill in the blanks since I'll get stumped pretty easily. But maybe this is a problem that we should leave to the preznident. Donald Trump seems to have a handle on taxation that we could all get behind.

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  8. I notice you failed to address most of my points.
    Typical.

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  9. You seem to think that you have a Gawd-given right to tell me what to do on my own blog.

    Typical Republican.

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  10. "Define "Rich" please."
    Makes $400K or more yearly.

    "Does a poor man use less police, fire, Dept of Ed, military, or any other government than a "Rich" man? If not, then why should one pay more than the other? Please explain. Why should a "rich" man (or woman) pay a higher dollar amount (or a higher percentage) than others?"

    They have the resources to pay for the upkeep of the society without impoverishing themselves.
    The alternative is to fail to finance the upkeep of society so that only the rich can live in relative safety and or comfort. But even the rich do not build their own infrastructure, so that argument fails.

    -Doug in Sugar Pine

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  11. B, just a thought about rich or poor having police protection. Try calling the police from a McMansion neighborhood and then from a poor district and see the difference in police response. In one there will be three squad cars to investigate a barking dog and the other after multiple gunshots maybe one car a few hours later, if at all.

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  12. SO when the questions get difficult, you refuse to answer.

    Hey, it's your blog, your rules.
    But it show character.

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  13. You really are a fine one to talk, B. When you get asked difficult questions, you deflect or hurl insults. It shows that you operate from a place of privilege, kind of like your Orange God.

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  14. So ask a question. Clearly. I'll answer. But so far, you haven't. You've hurled invective, you've implied a bunch, but you've not asked a clear question that isn't deflection.

    And you still haven't answered mine (Not that you have to, mind you).

    D: Thanks for being clear and answering. We disagree (Especially on the second part), but at least you were clear in your answers. I can respect that.

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  15. Shall we recap? You asked me for where I would put the tax rates. Sure, I didn't give you an exact number, but I did say to unwind Trump's tax cuts and tax those who make their living investing at the same rate of those who earn paychecks.

    You ignored that and, instead, began carping that I didn't answer every point that you raised.

    You know what? I'm done. You're done.

    This thread is closed.

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