Dude are you nutz. You know nothing of SSI and it's spenditures. You surprised me with that one usually you at least come across like you know your shit even though you don't. you usually flash some shit showing how little you know. I've payed all kinds of taxes here Kirk, I've talked to accounts, tax lawyers and the IRS agents. I can tell you straight out you don't know shit.Quote:
SS is perfectly manageable and if you're convinced it won't be there when you retire you've been successfully conned by an ongoing multibillion dollar operation by the right's big donors to make you believe it's unsustainable. You're right about the corporate tax cut not doing much. It's just another giant upward redistribution of wealth, more class warfare from the GOP. And with you living in a state with state taxes you're probably going to get a tax increase to pay for the corporate cut. The bill is definitely not the best you could get, it's outright robbery. It's the GOP who create the deficits and the debt and the Democrats who have to clear the mess up. Nine out of the last ten recessions have come under a Republican in the White House. Res ipsa loquitur. Every prez spends more. Growing economy, revenues, population, inflation etc. The fact they spend more is irrelevant. It's how much they spend in relation to GDP that matters. There's a graph. You can look it up. This tax bill will not simplify things and leaving the government facing a deficit crisis will not make anything better.Quote:
SSI spent one trillion dollars for the first time last year. It is unmanageable. I'm not really counting on SSI payments if I make it that long. SSI and welfare have been the political third rail for so long the only way to save it is a big percentage drop in payments and raising the age again. You can take numbers out of this bill to support either cause for or against. I'm not against cutting the corporate tax but it needs to translate to the people which it didn't do while these companies reaped in record profits the last almost 9 years, I'm not convinced it will. I beleive there is a sunset clause on the individual cut if it doesn't translate to increased ecomic blah blah but no sunset on the corporations. Should be the other way around. Kirk, every line on the tax code has a special interest group supporting it. Do you think tax lawyers don't fight simplification. If we can get money out of government it would function better. This bill may be the best we can get. If trump only adds a few trillion to the deficit I'll consider that a cut at this point. It's getting to the point every president spends more than all the other presidents in history. It's frickin crazy. I'll see if I can dig up a graphQuote:
This tax cut bill is currently polling as the second most unpopular piece of legislation in history. And that's before voters really find out what's in it. And as soon as it passes, guess what? After adding trillions of dollars to the deficit Republicans will suddenly become deficit hawks and there'll be attempts to make massive cuts to Medicare and Social Security to make up for the losses caused by this tax cut. They're starting already: Tax reform is only one piece of the overall puzzle needed to revitalize the American economy, Sen. Marco Rubio (R-Fla.) told a group of Washington, D.C., lobbyists and policy analysts this morning at a Politico Playbook Interview sponsored by the Financial Services Roundtable. The other part? Reduce the deficit and offset the cost of the reform, which the Congressional Budget Office estimates at $1.3 trillion. “I analyze this very differently than most,” Rubio told the crowd. “Many argue that you can’t cut taxes because it will drive up the deficit. But we have to do two things. We have to generate economic growth which generates revenue, while reducing spending. That will mean instituting structural changes to Social Security and Medicare for the future,” the senator said. https://www.fa-mag.com/news/rubio--o...its-35928.html Candidate Trump raged at the rigged economy and promised to unrig it and make everybody better off. Instead he's rigged it even further in the favour of corporations and the wealthy. Surely at some point the people who voted for him are going to realise they've been conned?