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We have an annual GDP of $16 trillion. Where you get the idea we are only worth $20 trillion is beyond me.Considering the worth of the country is around 20 trillion, long ways to go to pay off 150 trillion...
Thanks for providing an example of the tards who swallow the piss that tax expenditures allow them to keep more of their own money."Government gifts?" By that I assume you mean so-called "tax expenditures," which really means allowing people to keep their own money.No it isn't.The debt is too large to ever pay off, dumba$$...wouldn't wreck the deficit? It's because they are counting on their base being too stupid to know that all of their tax plans would.
We give away $1.2 trillion in government gifts every year. And that does not include the $600 billion spent on social welfare programs.
If we eliminated the $1.2 trillion tit, we could easily start paying down the debt.
They aren't "gifts."
Go fuck yourself.
They don't. They are actually a means to transfer wealth from the pockets of the common man into the pockets of special interests, and I have proven that several times.
Not only that, they are paid for by EVERYONE paying higher tax rates. Thus, your government gifts are coming at the expense of others.
And like I always say, the rubes will scream like hippies and welfare queens if you try to take them away, like you just did.
Where so called conservatives stand on tax expenditures is an excellent litmus test to determine both their intelligence and their bona fides.
You have been fooled into believing your deductions mean a reduction in your taxes.Thanks for providing an example of the tards who swallow the piss that tax expenditures allow them to keep more of their own money."Government gifts?" By that I assume you mean so-called "tax expenditures," which really means allowing people to keep their own money.No it isn't.The debt is too large to ever pay off, dumba$$...wouldn't wreck the deficit? It's because they are counting on their base being too stupid to know that all of their tax plans would.
We give away $1.2 trillion in government gifts every year. And that does not include the $600 billion spent on social welfare programs.
If we eliminated the $1.2 trillion tit, we could easily start paying down the debt.
They aren't "gifts."
Go fuck yourself.
They don't. They are actually a means to transfer wealth from the pockets of the common man into the pockets of special interests, and I have proven that several times.
Not only that, they are paid for by EVERYONE paying higher tax rates. Thus, your government gifts are coming at the expense of others.
And like I always say, the rubes will scream like hippies and welfare queens if you try to take them away, like you just did.
Total bullshit. A reduction in my taxes doesn't mean you are paying the difference to me. That's leftwing horseshit designed to stir up class warfare and get us all fighting each other.
The only way others pay higher tax rates is if the government imposes higher tax rates on them.
I was talking land, sea to shining sea...We have an annual GDP of $16 trillion. Where you get the idea we are only worth $20 trillion is beyond me.Considering the worth of the country is around 20 trillion, long ways to go to pay off 150 trillion...
You are using some of the most innumerate stupidity I have seen on this form, and believe me, that's saying a lot.
Right now the government is paying debt with more debt, that's how stupid this government is...Unfortunately, the government doesn't give us three dollars and raise our taxes to eight dollars. If it did, we would have a balanced budget.
Instead, it gives us three dollars, raises our taxes to seven dollars, and borrows a dollar.
That's how we got to where we are with the debt.
...wouldn't wreck the deficit? It's because they are counting on their base being too stupid to know that all of their tax plans would.
The mortgage interest deduction is rolled into the cost of your house.
So while you think you are "keeping more of my own money", you are actually paying higher tax rates and paying more for your house.
So who profits from the MID? The people who profit from a higher cost house. Real estate agents, mortgage lenders, homebuilders.
There's a reason they pay $110 million a year to Congressional campaign funds and lobbyists.
The $70 billion MID is being transferred from your pockets to theirs.
Suckers!
You have been fooled into believing your deductions mean a reduction in your taxes.Thanks for providing an example of the tards who swallow the piss that tax expenditures allow them to keep more of their own money."Government gifts?" By that I assume you mean so-called "tax expenditures," which really means allowing people to keep their own money.No it isn't.The debt is too large to ever pay off, dumba$$
We give away $1.2 trillion in government gifts every year. And that does not include the $600 billion spent on social welfare programs.
If we eliminated the $1.2 trillion tit, we could easily start paying down the debt.
They aren't "gifts."
Go fuck yourself.
They don't. They are actually a means to transfer wealth from the pockets of the common man into the pockets of special interests, and I have proven that several times.
Not only that, they are paid for by EVERYONE paying higher tax rates. Thus, your government gifts are coming at the expense of others.
And like I always say, the rubes will scream like hippies and welfare queens if you try to take them away, like you just did.
Total bullshit. A reduction in my taxes doesn't mean you are paying the difference to me. That's leftwing horseshit designed to stir up class warfare and get us all fighting each other.
The only way others pay higher tax rates is if the government imposes higher tax rates on them.
If I was going to tax you five dollars, but instead decide to give you three dollars and tax you eight dollars, how stupid would you have to be to bleev you just saved three dollars of your own money?
That's exactly what you are doing, rube.
If I stopped giving you three dollars, I could lower your taxes to five dollars.
The mortgage interest deduction is rolled into the cost of your house.
So while you think you are "keeping more of my own money", you are actually paying higher tax rates and paying more for your house.
So who profits from the MID? The people who profit from a higher cost house. Real estate agents, mortgage lenders, homebuilders.
There's a reason they pay $110 million a year to Congressional campaign funds and lobbyists.
The $70 billion MID is being transferred from your pockets to theirs.
Suckers!
^^^ utterly stupid and wrong.
Proponents of the deduction argue that it's a key component to keeping home prices up.
As much as homebuilders argue that eliminating the deduction would hurt them, economists agree that the biggest impact would be on the highest-priced homes, with more reasonably priced real estate seeing little or no impact from getting rid of the deduction.
One widely cited 1996 study by Dennis Capozza, Richard Green, and Patric Hendershott estimated that eliminating the mortgage interest and property tax deductions would reduce housing prices in the short term by an average of 13 percent nationwide, with regional changes ranging from 8 to 27 percent.
I guess I will have to use simple words for you, tard.You have been fooled into believing your deductions mean a reduction in your taxes.Thanks for providing an example of the tards who swallow the piss that tax expenditures allow them to keep more of their own money."Government gifts?" By that I assume you mean so-called "tax expenditures," which really means allowing people to keep their own money.No it isn't.
We give away $1.2 trillion in government gifts every year. And that does not include the $600 billion spent on social welfare programs.
If we eliminated the $1.2 trillion tit, we could easily start paying down the debt.
They aren't "gifts."
Go fuck yourself.
They don't. They are actually a means to transfer wealth from the pockets of the common man into the pockets of special interests, and I have proven that several times.
Not only that, they are paid for by EVERYONE paying higher tax rates. Thus, your government gifts are coming at the expense of others.
And like I always say, the rubes will scream like hippies and welfare queens if you try to take them away, like you just did.
Total bullshit. A reduction in my taxes doesn't mean you are paying the difference to me. That's leftwing horseshit designed to stir up class warfare and get us all fighting each other.
The only way others pay higher tax rates is if the government imposes higher tax rates on them.
If I was going to tax you five dollars, but instead decide to give you three dollars and tax you eight dollars, how stupid would you have to be to bleev you just saved three dollars of your own money?
That's exactly what you are doing, rube.
If I stopped giving you three dollars, I could lower your taxes to five dollars.
If that were the case, then so-called "tax expenditures" wouldn't reduce government revenue by one dime, but you are claiming they reduce it by $1.5 trillion.
Which is it?
Can you submit a post without stepping on your own dick?
...wouldn't wreck the deficit? It's because they are counting on their base being too stupid to know that all of their tax plans would.
Hmmmm, right, and all the promises Hillary has made wouldn't ad a cent to the deficit.
You're an idiot.
Right now the government is paying debt with more debt, that's how stupid this government is...Unfortunately, the government doesn't give us three dollars and raise our taxes to eight dollars. If it did, we would have a balanced budget.
Instead, it gives us three dollars, raises our taxes to seven dollars, and borrows a dollar.
That's how we got to where we are with the debt.