Mac-7
Diamond Member
- Oct 9, 2019
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That does not explain Trump DOUBLING the deficit.I am not trying to “get” youI bet you thought you had me, didn't you. You thought I didn't have a plan. Too bad for you.You understand that the federal budget rises automatically every year do t you?I've posted my plan literally hundreds of times, if not thousands. Probably thousands.What is your plan to fix the problem?
But what the hell, I'll do it again.
1. Eliminate all tax expenditures. This alone would save $1.4 trillion a year, providing a surplus. Then we can cut tax rates for everyone and pay down the debt. Once the debt is paid off, we can lower tax rates even more. Added bonus: Entities earning identical incomes would pay identical taxes! Extra added bonus: Special interests would no longer be able to bribe politicians to put tax expenditures in the tax code, thus removing the incentive to bribe them. Instant campaign finance reform.
2. Raise the Social Security and Medicare eligibility age to 70, and index to 9 percent of the population going forward. We are living DECADES longer than our ancestors. We should be working longer. Common sense.
It's very, very simple to balance the budget, lower tax rates, and pay off the debt. But our crooked politicians have the gullible rubes' attention getting all hot and bothered about Mexicans.
if we dont reduce spending you will never raise taxes high enough to balance the budget much less pay down the debt
As for deficits, they were DECREASING under Obama, right up until the GOP got the reins of Congress again. Then they started INCREASING.
Then Trump came along and DOUBLED the deficit. Together, the GOP and Deficit Donald more than doubled the deficit.
Trump exacerbated the deficit by increasing spending and cutting taxes without a way to pay for the tax cut.
And the last time the GOP owned Congress and the White House under Bush, they took a balanced budget and blew it all to hell.
You have to be one very special retard to believe the GOP's horseshit about being for balanced budgets and small government.
ACTIONS speak far louder than WORDS, and yet the rube herd STILL hasn't woken up to the fact they are being massively hoaxed.
We get the politicians we deserve.
Maybe I’m pissing in the wind
it does intil congress changes the lawI wanted to address this specifically.You understand that the federal budget rises automatically every year do t you?
The federal budget does not have to rise every year. I just explained exactly how spending can decrease by $1.4 trillion, thereby providing a surplus which could be used to lower tax rates for everyone and pay down the debt.
The increase is about 2-3% automatically and is not counted as a budget increase
Its called baseline budgeting
Just a dirty little secret that most Americans do not know
House Passes Bill to End Automatic Spending Increases
As I said, the deficit was DECREASING. Trump has skyrocketed it.
Trump has skyrocketed it
So did obama and so will the next democrat in the white house
I thought you were a serious budget fixer instead of just another trump hater