The US is on an "unsustainable" fiscal track, so how do we fix it? (Poll)

[dblack]

Well, you see, you and everyone else has been distracted from the actual problem by the oligarchs. Your attention is misdirected toward all kinds of stupid shit.

Mexicans, Muslims, trannies, DEI, Blacks Behaving Badly, and so forth.

You and the rest of the cult never once whined about Trump's record overspending.

Not. Once.

And you won't whine when he does it again.

Here's the thing.

The biggest, by far, expense of the US government is tax expenditures. They add up to $1.6 trillion a year.

$1.6 trillon. A year.

So while the DOGE boi retard tries to grab your attention with a billion dollars he gouged out of valuable agencies, he is not telling you the real waste, fraud, and abuse is in the very subsidies he has received from tax expenditures.

We can eliminate all $1.6 trillion. We don't need a single one of them, except perhaps for the EITC which has proven to increase production.

But the oligarchs benefit the most from tax expenditures, and they spend hundreds of millions of dollars every year to keep them alive.

They literally bribe our politicians to keep them in place.

So until the day I hear a clamor for tax expenditures to be eliminated, or even greatly pared back, I really don't give a flying fuck about any other stupid ideas of how to cut spending.

That's what happens when we use taxation as a tool to control society, rather than a means of financing necessary government.

 

[Darkwind]

Horseshit. Dems have proposed eliminating the SS "donut hole" which will address impending trust fund shortfall causing a cuts in benefits. Had Obama's efforts to nationalize healthcare benefits been successful medical cost inflation would have come down much more than it did. And we'd be spending less for healthcare per capita as nations with nationalized programs, with better outcomes, do. Dem's don't propose budget busting tax cuts for the wealthy. Responsible Dems have called for a reduction in the defense budget.

They have proposed to kick the can further down the road. Obamacare would never have reduced medial inflation because, like all mandatory insurance, it futhers to enrich insurance companies while permitting them to cut back on services permitted. When you guarantee an income stream, like Obamacare did, there is no incentive to reduce prices.

This goes for anything the is 'mandated' to the public.

There have been no 'budget busting tax cuts'. There has ONLY been budget busting spending.

Democrats refuse to part with, as the King under the mountain put it, "part with it. Not a single coin in spending!".

Cut the spending. Full stop.

 

[Man With A Plan]

Horseshit. Dems have proposed eliminating the SS "donut hole" which will address impending trust fund shortfall causing a cuts in benefits. Had Obama's efforts to nationalize healthcare benefits been successful medical cost inflation would have come down much more than it did. And we'd be spending less for healthcare per capita as nations with nationalized programs, with better outcomes, do. Dem's don't propose budget busting tax cuts for the wealthy. Responsible Dems have called for a reduction in the defense budget.

You on the left flood the country with illegals that use our hospitals for free healthcare and then when the cost of healthcare goes up because those costs are passed along to the average American....you complain that it's happening because we didn't allow Big Government to take over healthcare!

 

[LAUGHatLEFTISTS]

First, don't spend billions to send away people who contribute 100 billion dollars in taxes for programs they don't gett to use. Second, end racism, which costs this country nearly 1.5 trillion dollars per year. Since 1990 alone, we have lost 51 trillion dollars because of racism. That's 1.45 trillion dollars this nation loses every year. There is no telling how much money we have lost due to racism since this notion started. Then add up a similar amount due to sexism/misogyny. You want to do something about the debt? You want a sustainable fiscal future? End these two things.

Naaawww. We need to look at what the left has done in California over the past fifty years and do the EXACT opposite. We will be solvent in no time.

 

[M14 Shooter]

Will Republicans cut taxes and borrow more? Will the Freedom Caucus stand up and save the US from fiscal disaster?

Nope.
The Collapse is coming.
I can only hope it happens while I am still able.

 

[Donald H]

Nope.
The Collapse is coming.
I can only hope it happens while I am still able.

Still able to use your guns?

 

[Frankenstein]

Will Republicans cut taxes and borrow more? Will the Freedom Caucus stand up and save the US from fiscal disaster?

Here is a good summary of US finances including projections up to 2036.

The Budget and Economic Outlook: 2025 to 2035

By the NumbersThe Budget Outlook, by Fiscal YearNotesSee Appendix B.

www.cbo.gov

View attachment 1103817

1. Focus on the total deficit, its not coming down fast enough to stop the DEBT from exploding.

2. I don't see "Tariffs" as a major source of revenue.

3. I don't see Welfare as a major expense, yet I know it is?

4. We need to phase non-Federal expenses back to the states. Welfare to work, 2-year max lifetime, Medicaid/Obamacare goes back to 50/50 Federal/State cost sharing.

Fire all of Washington. Replace with statesmen who want to do the job of the people, not make themselves rich, enforce strict term limits. End insider trading, and lobbyist kickbacks, that will in turn only bring people interested in helping the country to run

 

[Donald H]

America's social safety net can't be sustained by America's current wealth and lack of productivity compared to more industrious nations. That is, and still sustain the huge income inequality too?

There's always been reliance on winning the riches of other countries, that has sustained America.

The failure to obtain the riches of Russia (then China), has thrown a monkey wrench into plans that were made during Bill Clinton's reign.

Trump's plan to split the Ukraine's mineral wealth still falls short of what must become America's.

(see Jeffery Sachs for the long version of the story.)

 

[kyzr]

Well, you see, you and everyone else has been distracted from the actual problem by the oligarchs. Your attention is misdirected toward all kinds of stupid shit. Mexicans, Muslims, trannies, DEI, Blacks Behaving Badly, and so forth.
You and the rest of the cult never once whined about Trump's record overspending. Not. Once.
And you won't whine when he does it again. Here's the thing.
The biggest, by far, expense of the US government is tax expenditures. They add up to $1.6 trillion a year. $1.6 trillon. A year.
So while the DOGE boi retard tries to grab your attention with a billion dollars he gouged out of valuable agencies, he is not telling you the real waste, fraud, and abuse is in the very subsidies he has received from tax expenditures.
We can eliminate all $1.6 trillion. We don't need a single one of them, except for the EITC which has proven to increase production.
But the oligarchs benefit the most from tax expenditures, and they spend hundreds of millions of dollars every year to keep them.
They literally bribe our politicians to keep them in place.
So until the day I hear a clamor for tax expenditures to be eliminated, or even greatly pared back, I really don't give a flying fuck about any other stupid ideas of how to cut spending.

Yeah, okay, no tax deductions, but when they readjust the tax rates it balances out. Republicans can't even get a "millionaires tax" of a percent or two to pay for the no tax on "tips, OT & SS".

 

[kyzr]

Fire all of Washington. Replace with statesmen who want to do the job of the people, not make themselves rich, enforce strict term limits. End insider trading, and lobbyist kickbacks, that will in turn only bring people interested in helping the country to run

So how does all that get us back on a balanced budget?

 

[Invisibleflash]

Didn't vote. I would vote yes, except the gov will just take the money and squander elsewhere. No accountability.

 

[g5000]

Yeah, okay, no tax deductions, but when they readjust the tax rates it balances out.

There are several benefits to eliminating tax expenditures.

1. The wealthy benefit the most from them. The legislative field is tilted in their favor such that the wealth of the middle and lower classes rolls into their pockets.

For example, the Mortgage Interest Deduction increases the cost of houses by up to 27 percent.

Who benefits from higher home prices?

Mortgage brokers who get a commission based on home prices, and bankers who lend that higher amount and get more interest payments.

That's why the home builders and realtors pay over a hundred million dollars a year for lobbyists.


2. The elimination of tax expenditures will lower the cost of many high dollar items, such as houses in the example above.



3. We currently have an insane system where two people earning identical incomes pay radically different taxes. Eliminating tax expenditures will remove that disparity.



4. Tax expenditures are socialism. They really are. They are a redistribution of wealth and they are the worst kind of government intervention in the free market.

If I take a deduction, someone else is going to have to pay more tax to compensate for my deduction. This is done by raising tax rates.

In short, deductions, exemptions, and credits are robbery.



4. Tax expenditures are government social engineering.

You are punished with higher taxes for not breeding.

You are punished with higher taxes for not having a mortgage.

You are punished with higher taxes for not buying the right kind of refrigerator (and you know someone paid a bribe for that deduction to be put in the tax code).

It was no great leap for Obama to punish you with higher taxes for not buying the right kind of health insurance. This is the door tax expenditures opened.




5. Finally, if a politician is not allowed to put a tax expenditure in the tax code, then the oligarchs have no incentive to pay the bribe to do so.

Presto! Instant campaign finance reform!



Tax expenditures are as anti-conservative as it gets.

Republicans can't even get a "millionaires tax" of a percent or two to pay for the no tax on "tips, OT & SS".

Of course they can't. They are owned by the top 10 percent.

 

[g5000]

Didn't vote. I would vote yes, except the gov will just take the money and squander elsewhere. No accountability.

View attachment 1103857

I have one of those.

 

[g5000]

Yet, the radicalized extreme left wing in the Democrat party is unwilling to do anything to right our fiscal situation and promote more and more delays.

And who was it who ran up $8 trillion of in half the time it took Obama?

Oh, yeah. Republican Donald Trump.

And who was it who doubled the federal deficit?

Oh, yeah. Republican Donald Trump and his Republican Congress.

Say, "Because Covid!'' Go ahead. Say it. Please.

Now what was that you were saying about "the radicalized extreme left wing" again?

But then again, I did warn all of you in 2016 that Trump is a far left limousine liberal New York Democrat.

Did you listen?

NooOOOOoooooo.

 

[Independent thinker]

Will Republicans cut taxes and borrow more? Will the Freedom Caucus stand up and save the US from fiscal disaster?

Here is a good summary of US finances including projections up to 2036.

The Budget and Economic Outlook: 2025 to 2035

By the NumbersThe Budget Outlook, by Fiscal YearNotesSee Appendix B.

www.cbo.gov

View attachment 1103817

1. Focus on the total deficit, its not coming down fast enough to stop the DEBT from exploding.

2. I don't see "Tariffs" as a major source of revenue.

3. I don't see Welfare as a major expense, yet I know it is?

4. We need to phase non-Federal expenses back to the states. Welfare to work, 2-year max lifetime, Medicaid/Obamacare goes back to 50/50 Federal/State cost sharing.

I'd like to have a third choice, like "other" where I'm not required to come up with a solution. The bottom line is we spend way too much money. By transferring some expenses to the states I don't see that as saving any money. While most of them have to live within their means, they would have no option but to either raise taxes, cut spending, or a combination of the two. For the most part, I just see them raising taxes and continuing to spend. I can't give a blanket yes or no answer to the question.

 

[Zincwarrior]

Will Republicans cut taxes and borrow more? Will the Freedom Caucus stand up and save the US from fiscal disaster?

Here is a good summary of US finances including projections up to 2036.

The Budget and Economic Outlook: 2025 to 2035

By the NumbersThe Budget Outlook, by Fiscal YearNotesSee Appendix B.

www.cbo.gov

View attachment 1103817

1. Focus on the total deficit, its not coming down fast enough to stop the DEBT from exploding.

2. I don't see "Tariffs" as a major source of revenue.

3. I don't see Welfare as a major expense, yet I know it is?

4. We need to phase non-Federal expenses back to the states. Welfare to work, 2-year max lifetime, Medicaid/Obamacare goes back to 50/50 Federal/State cost sharing.

Income:
1. No more tax cuts.
2. Raise corporate rates to 2.5% of GDP
3. Raise Other back to 1.5% of GDP.

Outflow:
1. Mandatory: Eliminate other mandatory to 1% of GDP. Freeze it.
2. DIscretionary: Cut defense spending to 1.5% GDP. Cut nondefense discretionary to 1.5% GDP. Freeze it.

Wait until it balances.

If thats not enough eliminate SS in 2026. No in, no out.

 

[g5000]

After eliminating tax expenditures, all we have to do from there is raise the Social Security and Medicate eligibility age to 70, and index to 9 percent of the population going forward.

We are living longer than our ancestors. We should be working longer.


We don't need some dumbshit moron with a chainsaw running around hacking away at things he has no knowledge or experience with.

The solution to our debt is simple. Getting our politicians to stop taking money from the assholes running us into the ground is going to be damn near impossible until everyone stops allowing those assholes using their media outlets to distract us.

LOOK! A TRANNY! EEK!

 

[M14 Shooter]

Outflow:
1. Mandatory: Eliminate other mandatory to 1% of GDP. Freeze it.
2. DIscretionary: Cut defense spending to 1.5% GDP. Cut nondefense discretionary to 1.5% GDP. Freeze it.

I am all for slashing spending wholesale.
But 1.5% GDP for defense puts us even with 1939.
That forces us to shift from spending equipment to spending men.

 

[Dorian Mode]

The US government has almost 250 years of entrenched establishment corruption built into the system and the time to start fixing the problems of a corrupt government is not now, but probably over 100 years ago. An analogy would be the arrival of stage 4 lung cancer and the patient then decides to quit smoking. Trump can try to get the ball rolling, but the entrenched establishment will make sure he won't succeed.

 

[IM2]

We lose money because of racism? Oh, I can't wait to hear how this works, IM2! Care to explain?

Are you really this stupid?