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03 28, 24, 01:10:49:PM

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Biden Does NOT need a BILL to close the border
He only needs a PEN. Thats all he needed to open it.
Thats all he needed to close it. Thats all Trump needed.
Maybe this is just Proof Trump is better than Biden.

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 |  All Boards  |  Current Events  |  Topic: Taxing the Uber Wealthy 0 Members and 1 Guest are viewing this topic.
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dondc
Sr. Member

Posts: 15096


« Reply #12 on: 06 26, 19, 04:16:14:AM » Reply

Yes we are collecting less.  It isn't and never has generated more when it goes down. Only reason it goes up at all with less taxe is because of the GDP usually increases.  It has to go up a lot for a big tax cut, it has.
The tax cuts were bigger than the increase in GDP

 Ii is defiantly not collecting more right now.  Spending is growing fast.  The debt is growing very much faster.  Servicing the debt is costing much more too.

I can't understand this worry about the rich.  They will be  fine without your help.  They won't lose a home or even several homes, they won't be hungry and have better health care than many. 

They already have a disporting amount of power in elections, congress and down the line.

Raising taxes might make him look like the great business man see claims to be. 
Worked for Reagan in California, he opposed state income tax withholding when Governor, it passed over his opposition and California collected two years income tax in one year.  First year paid as it all ways had, next years with held.  He ran for President claiming he left California with a very big surplus.
chuck_curtis
Contributor
Sr. Member

Posts: 68567

Let's go Brandon!


« Reply #13 on: 06 26, 19, 09:15:16:AM » Reply

Taxing the uber wealthy more isn't going to put a dent in the deficit.   There is no reasonable point to it.  It satiates the capitalism haters (commies), however.  That is obvious.
dont-blameme
Contributor
Sr. Member

Posts: 75675


« Reply #14 on: 06 26, 19, 09:59:13:AM » Reply

The debt experts are crawling out of the woodwork, for 8 years of the obama crooked and corrupt regime and his over 10 trillion dollar spending spree they were no where to be found.
Jw2
Sr. Member

Posts: 54324

DJB is a closet homo


« Reply #15 on: 06 26, 19, 10:56:51:PM » Reply

“This revenue could substantially fund the cost of smart investments in our future, like clean energy innovation to mitigate climate change, universal child care, student loan debt relief, infrastructure modernization, tax credits for low-income families, public health solutions, and other vital needs,” it states.

It also notes that such a tax could help mitigate the country’s “growing concentration of wealth that undermines the stability and integrity of our republic.”
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