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Old January 30th, 2016, 11:08 AM   #31
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Trump had a good plan, pay off the national debt with a one time levy on net worth over 10 million. It leaves the top 1 % with enough to be the top 1%.
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Old January 30th, 2016, 05:20 PM   #32
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What percentage of federal tax is paid by the top 10%?
Ex post facto.
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Old January 31st, 2016, 05:01 AM   #33
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Debt increase or $70,612.91 Per Household.

We can keep whistling why we ignore this but it will not go away. I am very interested to hear the opinions of both the left and right side of the isle and our future President whom ever that may be once the promises start flowing to win the election.

Couple this with State debt and this is a serious burden we are leaving our grandchildren.

Maybe it is time to bring the boys back home, limit our borders for a bit and control our foreign monetary obligations until we can better serve our citizens and infrastructure here.

Are you talking about the national debt? If so, your tally is way off.
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Old January 31st, 2016, 05:15 AM   #34
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OH Gawd !!! I just love when people start using the term "unfunded mandate" and tossing out huge scary numbers !!! PURE PROPAGANDA !!!!

Do you have a mortgage ?? Car note ?? Credit card ?? Those are all "unfunded mandates" too !!!!
And I just love it when people say "you got a mortgage?? car note?? Credit Card??"....Dude..... if I have a big mortgage on a big house I can't afford, or have car payments on some luxury wagon, I can't afford or I got credit card debt up the yazoo.... Guess what???....Those unfunded mandates will make me go bankrupt!!....Eco 101
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Old January 31st, 2016, 09:25 AM   #35
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If you want a perfect world, it ain't gonna happen.

edit: Third Law of Thermodynamics, entropy but there are pockets of order in disorder.
There is chaos, but any action you take increases the entropy of the universe.
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Old February 1st, 2016, 12:07 PM   #36
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And I just love it when people say "you got a mortgage?? car note?? Credit Card??"....Dude..... if I have a big mortgage on a big house I can't afford, or have car payments on some luxury wagon, I can't afford or I got credit card debt up the yazoo.... Guess what???....Those unfunded mandates will make me go bankrupt!!....Eco 101
I didn't say anything about whether or not you could "afford" your house or car. Wasn't talking about people who've bought more than they can afford.

What I was saying is, if you lose your job, HOW will you pay your bills ?? if your not sitting a pile of cash equal to what you owe, those bills are currently unfunded.

I just find the whole argument rather misleading. The government IS going to collect taxes. Just like you hope you will keep your job.

A true unfunded mandate is when the feds pass a law requiring states to do something but don't provide the funding to do it. Or when a state law requires cities and counties to provide some service but don't pay for it.
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Old February 1st, 2016, 03:19 PM   #37
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I didn't say anything about whether or not you could "afford" your house or car. Wasn't talking about people who've bought more than they can afford.

What I was saying is, if you lose your job, HOW will you pay your bills ?? if your not sitting a pile of cash equal to what you owe, those bills are currently unfunded.

I just find the whole argument rather misleading. The government IS going to collect taxes. Just like you hope you will keep your job.

A true unfunded mandate is when the feds pass a law requiring states to do something but don't provide the funding to do it. Or when a state law requires cities and counties to provide some service but don't pay for it.
The state should not be allowed to take on debt. End of story
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Old February 1st, 2016, 11:44 PM   #38
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Perhaps we can have this country's corporations start paying their fair share in taxes and wages instead of offloading all the responsibility onto the government.
Corporations already pay their fair share unless they gave to the Obama campaign like GE.

Corporations are taxed 3 times.

1. Corporate tax rate max 35%
2. Profits are taxed a 2nd time when the owners receive their share at their income tax Rate. Max 39%
3. Then the owners are taxed based on the growth in asset value at the capital Gains tax rate.
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Old February 1st, 2016, 11:48 PM   #39
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It is time for the slothful to pay their fair share.

either in taxes or sweat equity.
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Old February 2nd, 2016, 04:24 AM   #40
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Corporations already pay their fair share unless they gave to the Obama campaign like GE.

Corporations are taxed 3 times.

1. Corporate tax rate max 35%
2. Profits are taxed a 2nd time when the owners receive their share at their income tax Rate. Max 39%
3. Then the owners are taxed based on the growth in asset value at the capital Gains tax rate.
And tell us TN how exactly did Obama give GE a tax break ???

The truth is, for all the blah blah blah about the max corporate tax rate, the average ACTUAL tax paid by corporations is just 12%.

The corporate tax code is so filled with loops holes and tax incentives that 100 of the Fortune 500 have had at least one year where they paid ZERO taxes. about 30 of them have had multiple years where they paid little or no tax.

Money paid to owners (shareholders) as dividends are taxed as capital gains. 0% to 20% depending on your current income tax bracket.

The exception being the S corp which pay NO taxes. The profit passes straight through to the owner who pays at their personal tax rate.
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