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07-15-2017, 04:51 PM | #1 |
Natalie K
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Huge deficit for the US due to incorrect tax receipts estimates
Seems Trump´s first years in office are going to come with a big shortfall because of mistakes in projecting military healthcare & a shortfall in tax collections.
With a huge amount of nearly $250million than first estimated! U.S. deficits to jump $248 billion over next two years due to tax shortfall | Reuters Maybe he´ll have to put the wall on hold
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07-15-2017, 05:19 PM | #2 |
in a van by the river
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It's because Republicans are dumb and they keep pushing the failed logic of less taxes equals more taxes.
It's never once worked and they know it and don't care. Republican lawmakers won't be the ones getting fucked so they don't care. Dumb trailer park republicans will keep losing their jobs and be paid less and less but they will just blame Hillary. |
07-15-2017, 07:05 PM | #3 |
So Fucking Banned
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Like $250 million means shit in an economy that deals with trillions. Garry, this isn't the UK.
and they are estimates. Do you know what that means? |
07-15-2017, 07:29 PM | #4 |
It's 42
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U.S. deficits to jump $248 billion over next two years due to tax shortfall
That is amost 1/4 TRILLION |
07-15-2017, 07:42 PM | #5 |
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07-15-2017, 07:52 PM | #6 |
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07-15-2017, 11:43 PM | #7 |
Too old to care
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Obama fucked up.
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07-16-2017, 01:13 AM | #8 |
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It's ok! Trumps going to lower Taxes that will fix it.
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07-16-2017, 02:31 AM | #9 |
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That will make him richer and his elite friends.
If however he does what he promised and brings jobs back to the US. It will be a good thing. Americans will have more money to buy American made goods. This will mean more taxes paid in the US by American Companies. The taxes still won't cover the costs of running a modern country that has a huge armed forces. |
07-16-2017, 02:44 AM | #10 | |
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1) westerners will have more money but goods will somehow get cheaper 2) exports wont suffer because western goods will somehow get cheaper 3) people will somehow stop buying cheap china shit 4) westerners can cherry pick consequences, they will eat fat but only boobs will grow
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07-16-2017, 03:41 AM | #11 |
Big Fucking hahahaha
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Hey Geniuses We are operating under Obama's last budget Paul is right, Obama fucked up this one. So now they can blame republicans.
Left, Right, Left, Right, stay in step, keep flipping the coin between equal levels of incompetence
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07-16-2017, 10:05 AM | #12 | |
Natalie K
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appreciating your post!
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07-17-2017, 12:44 AM | #13 |
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Thank you for pointing out the obvious. Why was Trump blamed for Aboma's cock up?
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07-17-2017, 02:31 AM | #14 | ||
Natalie K
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Quote:
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07-17-2017, 03:28 AM | #15 |
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The US has to start getting its house into order (along with many other countries) if the future isn't our children living in poverty.
It has to raise taxes by 18%, or cut spending by 18% to keep the debt from rising. 18% cut in spending will be a catastrophe and cause huge problems along the lines of the UK, Italy, Greece, etc. Cutting taxes is insane, it has no effect on how much a country produces. The days when it did were back in the 60/70s. Because most of what people bought was built in the US. Today what you buy apart from food, shelter and some fuel comes from outside the US. Migration also has a negative effect on taxes. You bring in people to keep wages down, you get less tax. Plus you put someone on welfare. Double Whammy. We see that in the EU. The big winners are the 1%, they have cut their out goings and raised profits. The people have to pay the debts. |
07-17-2017, 06:19 AM | #16 | |
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07-17-2017, 07:03 AM | #17 | |
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07-17-2017, 07:11 AM | #18 |
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Its been looked at here in Australia a few times and the modelling always comes out the same.. NO
Would the benefits of lower company tax trickle down to you? The gorilla on the floor here is many big employing companies are foreign owned, lower taxes just means more profit to parent company. Lowering your wages to peanuts and removing regulations wont increase your sales to China America, they have as much cheap and contaminated shit as they can handle now. Produce quality and natural products and the Chinese can't get enough of them. that's how other countries are doing it anyways. Rolling back farming and water regulations in the USA is the big scary! One mishap and you can kiss your China agricultural trade byebyes |
07-17-2017, 08:05 AM | #19 |
It's 42
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Taxing profit or wages is bad -- very regressive.
Exempt food, rents and property purchases, medicine, books and education tuition. Make a VAT on everything else to replace all income tax. 20% maybe. Make a financial transfer tax on all equity and debenture transactions. Make a real estate sales tax (federal) Make a capital escape tax on all capital transfered out of the country. This rate could be 2% or less. Let the remittance rate be 98% with the collecting sources being compensated with the remaining 2%. Put most of the tax accountants and attorneys out of business -- they are just major drags on the economy. No more personal or corporate income tax. Repeal the 16 Amendment -- enact a new constitutional amendment enabling this tax schema --done. This will most likely never happen ... |
07-17-2017, 08:15 AM | #20 | |
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07-17-2017, 09:51 AM | #21 |
Pay It Forward
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op is this a smoke signal to all that shit brewing in the uk?
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07-17-2017, 04:22 PM | #22 | |
Natalie K
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They overheat, bomb bay doors need to be opened & many other faults in the design... F-35: U.K.'s Fighter Jets Won't Function Fully but Their Cost Has Almost Doubled: Report PressTV-UK losing millions on flawed F-35 fighter jets I read if a pilot jumps out, he will probably die they´re ordering 30 I think, it´s too fill the new ship & each will cost 100million, so that´s like 3 or 4 billion Ministry of Defence facing 'hundreds of millions in hidden costs' for new fighter jets
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07-17-2017, 04:50 PM | #23 | |
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... and 58% of the World?s Welfare Spending Nolts, all of ya. And stay the fuck over there . |
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