$4.1 TRILLION

30 Apr 2021 07:32 #11 by homeagain
Replied by homeagain on topic $4.1 TRILLION

LOL wrote: The utter stupidity revealed here about the Federal Government's Fiscal Irresponsibility here is breathtaking.

sigh.

Last post.


OH BUT, where was the START POINT in 2020 Q4......the LAST adm.did a "let's spend a bunch of money"
we will just "move things around abit"......look up the stats from Q4 2020, it was like ROCKEFELLER
writing checks with glee.

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30 Apr 2021 12:53 #12 by FredHayek
Replied by FredHayek on topic $4.1 TRILLION

Wayne Harrison wrote: DON’T FALL FOR THE RIGHT’S FAVORITE LIE ABOUT TAXES

You’ve probably encountered propaganda using extremely misleading statistics to claim that the U.S. tax system is soaking the rich. It’s not.

theintercept.com/2019/04/13/tax-day-taxes-statistics/


LOL. Your source admits that I am right. The rich do pay the majority of income tax receipts.

How would you like it if you had to spend 40% of your workday as a prison guard without pay? Or an unpaid farmworker?
These 40% tax rates are obscene! We need to cut it back to 10%. It is not fair that Americans are working from January to April for the federal government without recompense. Time to cut the spending!

Thomas Sowell: There are no solutions, just trade-offs.

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30 Apr 2021 12:57 #13 by FredHayek
Replied by FredHayek on topic $4.1 TRILLION

homeagain wrote:

LOL wrote: The utter stupidity revealed here about the Federal Government's Fiscal Irresponsibility here is breathtaking.

sigh.

Last post.


OH BUT, where was the START POINT in 2020 Q4......the LAST adm.did a "let's spend a bunch of money"
we will just "move things around abit"......look up the stats from Q4 2020, it was like ROCKEFELLER
writing checks with glee.

Agree, Trump, Pelosi, and McConnell were spending like drunken sailors. But because the economy was in the middle of a global pandemic, I was willing to excuse it. Priming the pump did make sense here. But the economy is growing and today the WSJ said we are back to what we were last March. So it is no time to turn off the spigot. The economy is overheating, we are having shortages of goods, lumber, energy, even the chips that cars use. Inflation is starting, but President Biden wants to spend trillions more. Just say no, Joe!

Thomas Sowell: There are no solutions, just trade-offs.

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30 Apr 2021 15:06 #14 by homeagain
Replied by homeagain on topic $4.1 TRILLION
apnews.com/article/personal-taxes-govern...a8d5a734d9ea7a7dc4c4

OVERVIEW of the plan...pros and cons and corporations "EVASION' tactics....it's like a game of chess...
OUTMANEUVER your opponent.

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02 May 2021 08:30 #15 by ramage
Replied by ramage on topic $4.1 TRILLION
Well, at least 100 people like Biden's Administration


In the president’s first 100 days in office, against a drumbeat of calls for the rich to pay more in taxes, the 100 wealthiest Americans added a combined $195 billion to their fortunes, according to a Bloomberg analysis.

www.bloomberg.com/news/articles/2021-04-...den-s-first-100-days

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03 May 2021 17:50 #16 by ramage
Replied by ramage on topic $4.1 TRILLION
Let's hope that Joe keeps to his word:

BIDEN: "Anybody making less than $400,000 a year will not pay a single penny in taxes."

WH.gov

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03 May 2021 21:29 #17 by Wayne Harrison
Replied by Wayne Harrison on topic $4.1 TRILLION

ramage wrote: Let's hope that Joe keeps to his word:

BIDEN: "Anybody making less than $400,000 a year will not pay a single penny in taxes."

WH.gov


There are always those guys in the back of the room who listen to an entire speech, but come away with one sentence.

The quote from Biden is out of context and the link is not WH.gov but whitehouse.gov.

Here's an actual link to the entire speech so you can put that one sentence into its correct context:
www.whitehouse.gov/briefing-room/speeche...rican-families-plan/

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04 May 2021 14:07 #18 by FredHayek
Replied by FredHayek on topic $4.1 TRILLION
Spending 4.1 trillion after we just spent four trillion is irresponsible, especially since inflation is rising.

Thomas Sowell: There are no solutions, just trade-offs.

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04 May 2021 14:40 #19 by ramage
Replied by ramage on topic $4.1 TRILLION
The quote is not out of context:
From whitehouse.gov (WH.gov to those who are aware of what is being referenced):


The reason I’m bothering to do this is I keep hearing out in the press, “Biden is going to raise your taxes.” Anybody making less than $400,000 a year will not pay a single penny in taxes. And we will not increase the deficit either, unlike the last gigantic tax cut, which increased the deficit by $2 trillion.


What context are you referring to? The above paragraph are the words of Biden.

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04 May 2021 16:23 #20 by homeagain
Replied by homeagain on topic $4.1 TRILLION
It is TRUE...he misspoke....the papers have corrected the mistaken words.

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