Trump's America
- Thread starter NYShoreGuy
- Start date
I have been on record for the last 2 cycles that dnc and rnc should be cultivating younger national candidates for the white house...i will say that biden admin did or took steps on infrastructure that was sorely needed.
Trump Caught On Hot Mic Telling Fox Host To Praise Cabinet Meeting As Press Files Out: ‘Say It Was Unbelievable!’
A live mic caught Trump telling a Fox News host to praise his first cabinet meeting as the press filed out — a moment that was cut off in the official feed.
www.mediaite.com
FWIW, that question needs more context.
Of course if the top 5% income increases faster that the rest of the population, their share of taxes paid will increase faster as well.
The total share of AGI of the top 5% today is about 39% which matches the total for the top 10% 30 years ago.
That means a much larger share of income is flowing to a smaller percentage of people.
Their share increasing while rates decreased is not a good signal that the country as a whole is doing well. Ideally they would be contributing less as a percentage but not because of tax rates, but because of a thriving middle class.
The rates themselves should closer to what they were when the US has had periods of a thriving middle class.
Deflection is not context.Let’s decide tax rates to insure the middle class is thriving come on.boy that would be so easy to do NOT.Let me provide an alternative.Historically federal tax revenue about 20% of GDP regardless of tax rates so unsure of what rates you think will bring back glory days..Dems love big government spending so let’s be generous and agree 22% of GDP is federal budget and solve to produce that amount.Agree that only mortgage interest and charity are only deductions.Establish a no tax fir low income and establish two or three flat tax % to achieve desired tazx revenue.I know Dems never want a fixed limit on spending because it eliminates their favorite earmarks so they will oppose you might also.This also takes away Dems battle cry that we want rich to pay their share .This rallying cry for class warfare being eliminated is probably a non starter from democratic establishment.
That's not a deflection. That's just how the math works.
If rates stay the same and the top 5% are paying in a higher share than they used to, it is because their earnings increased by a lot. If the middle class started thriving and their earnings outpaced the the top 5, the top 5% share would then decrease.
About where they are now, though if I were making the call, rates would increase at the top and get rid of most deductions that are not serving a purpose to help our economy.
Indeed. I am very much opposed to a fixed limit.
Spending is either worth the cost or not. If we need to spend more tomorrow for a disaster, pandemic, national defense etc... I don't care if we go over an imaginary line when we need to spend the money.
That doesn't mean I agree with all spending and we should never make cuts though. I don't and we should.
It's just not worth cutting social programs to pay for a tax cut for the wealthiest individuals in America.
If you want to cut programs to reduce the deficit, that's a more reasonable stance, but to just give the rich a tax cut when more and more of the share of income is going towards them? Pass.
I no longer believe in the tooth fairy.I also don’t believe if you let politicians who have approved $2 trillion defecits two years in a row day they will work things out with no mandatory spending limits.I wonder why private companies use budgets to control expenses.as mentioned above the wealth tax will become the democrats rallying cry since any fair person sees the have lost the argument on tax rates.So let’s take money from the rich a redistribute to people who aren’t rich some of whom are generational welfare participants and let the illegals in to participate in the welfare state.I don’t think socialism is the answer to US economic woes,but som on this board uunfrtunately. do and the rest of us could become a victim of their folly.
Note the posting date
2025 Student Diversity and Inclusion Internship Program
The Library of Congress/Congressional Research Service (CRS) is seeking to place students for up to ten weeks in the following paid summer internships. Students from all backgrounds who are looking to gain exposure to the work that supports congress and careers in public service are encouraged...
www.loc.gov
They can recruit all they want. In the end, if any American signs on it is on them. True patriots wouldn't even entertain the idea.
The natives here don't care about any of this. They now love Russia, hate NATO, love naked brazen corruption from billionaires enriching themselves at everyone else's expense, love turning our back on our allies, love whole scale razing of our institutions and career civil servants, love meme coin rug pools from the first family, love overt christian white nationalism, love the richest man on earth coming for social security and every social safety net and environmental protection. They love pardoning every criminal that tried to overthrow our election and they love embracing sex traffickers and rapists. They love their punishing tariffs and golden egg prices. They love their trillion-dollar tax cuts to balloon the national debt. They love shutting down defenses against Russian cybercrime. They love getting rid of consumer protection agencies. They love weaponizing the DOJ. They love dropping SEC cases if you buy enough $TRUMP cooin. They love all of these things and the hundreds of others known and unknown and all future ones because their idiot daddy donald and the apparatus behind him tells them to love them. The only limitation is they don't love it enough to admit it. So they spend years writing tens of thousands of posts arguing as if any of this is normal and as if they would accept even one one-millionth of it if it the evil dems doing it instead.
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You should consider moving to another country particularly a socialist one whose practices of wealth redistribution ,persecution of Christian’s ,open Borders,don’t have major investments like Apple, Chipmakers in their country,believe 20% inflation like Biden delivered is ok ,and provide free anger management therapy which you appear to need badly
Congratulations….you have captured EVERY CNN talking point. This is the problem that you don’t see right in front of you. Instead of debating positions you go off on an unhinged rant that only proves you live in an echo chamber incapable of any independent thought. Carry on….
The federal reserve having crypto is a total money grab for the billionaires into it like Peter Thiel. However, look what the administration is looking to do. Change the way GDP is calculated. I wonder why? Could it be we are looking at a decrease in GDP? A new way to hide bad economic numbers. Sure seems so.
Did you complain this much when Obama changed the way unemployment was calculated to make the numbers look better?
https://www.forbes.com/sites/peterf...-be-fooled-the-obama-unemployment-rate-is-11/
Thank God you've been bookmarking that article for 13 years. You finally got a chance to use it. SuperMuskers like yourself are always prepared.
So are you offended enough by Obama that you are opposed to President Trump potentially changing the way GDP is calculated?
And who is peter thiel...a south african national who platformed dei jd into existence
I read the opinion article and nowhere does he cite the change? Perhaps because it is not a news article it is not factual. Strange there is not one other article that states that Obama changed the way unemployment was calculated. This article states that the calculations were not changed. https://www.factcheck.org/2017/03/no-evidence-jobs-data-was-manipulated/. I am no expert in Stats but I'd like to see the source of where it was changed. I could not find it here. https://www.bls.gov/cps/
Corerection. In 2000 you were dropped out of work force participation if you had not found a job in 99 weeks. In 2010, 2 yrs into the Obama admin that was increased to 260 weeks. This skewed the workforce participation rate so badly that comparing unemployment numbers in 2017 to those of 2000 was meaningless. This is what was referred to in the Forbes article.
What is the point of playing gotcha with someone who is trolling you? Do you seriously want to go down this rabbit hole to nowhere?
The issue is GDP. Is Hall85 opposed to President Trump potentially changing the way GDP is calculated?
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