+- CSNbbs (https://csnbbs.com)
+-- Forum: Active Boards (/forum-769.html)
+--- Forum: Lounge (/forum-564.html)
+---- Forum: The Spin Room (/forum-540.html)
+---- Thread: In 10 years 53% of tax payers will be paying more in taxes. (/thread-837664.html)
RE: In 10 years 53% of tax payers will be paying more in taxes. - Fo Shizzle - 12-19-2017 05:45 PM
(12-19-2017 05:41 PM)shere khan Wrote:(12-19-2017 05:37 PM)Fo Shizzle Wrote:(12-19-2017 02:01 PM)dawgitall Wrote:(12-19-2017 01:59 PM)olliebaba Wrote:(12-19-2017 12:42 PM)Fo Shizzle Wrote: All I know is that for at least 10 years Ill have less stolen from me. Ill take it.
Hey, isn't Fo a Democrat? If he's okay with the Tax Plan why aren't the rest of you Liberals?
Take note to not trust anything you say that you preface with, "if memory serves me correctly."
In his defense...I am a classical Liberal. (socially liberal/fiscally conservative). There are issues that I see eye to eye with Democrats on and he may have seen me post something to that effect.
You are now a republican
Im not sure how fiscally conservative the GOP has been in recent decades. Both gangs have no problem spending like drunken sailors in port. Only difference I see is what they choose to spend the money on. The government I want would be so tiny that both gangs would disapprove.
RE: In 10 years 53% of tax payers will be paying more in taxes. - Owl 69/70/75 - 12-19-2017 05:46 PM
(12-19-2017 05:45 PM)Fo Shizzle Wrote:(12-19-2017 05:41 PM)shere khan Wrote:Im not sure how fiscally conservative the GOP has been in recent decades. Both gangs have no problem spending like drunken sailors in port. Only difference I see is what they choose to spend the money on. The government I want would be so tiny that both gangs would disapprove.(12-19-2017 05:37 PM)Fo Shizzle Wrote:You are now a republican(12-19-2017 02:01 PM)dawgitall Wrote:In his defense...I am a classical Liberal. (socially liberal/fiscally conservative). There are issues that I see eye to eye with Democrats on and he may have seen me post something to that effect.(12-19-2017 01:59 PM)olliebaba Wrote: Hey, isn't Fo a Democrat? If he's okay with the Tax Plan why aren't the rest of you Liberals?Take note to not trust anything you say that you preface with, "if memory serves me correctly."
Yep.
RE: In 10 years 53% of tax payers will be paying more in taxes. - shere khan - 12-19-2017 05:51 PM
(12-19-2017 05:45 PM)Fo Shizzle Wrote:(12-19-2017 05:41 PM)shere khan Wrote:(12-19-2017 05:37 PM)Fo Shizzle Wrote:(12-19-2017 02:01 PM)dawgitall Wrote:(12-19-2017 01:59 PM)olliebaba Wrote: Hey, isn't Fo a Democrat? If he's okay with the Tax Plan why aren't the rest of you Liberals?
Take note to not trust anything you say that you preface with, "if memory serves me correctly."
In his defense...I am a classical Liberal. (socially liberal/fiscally conservative). There are issues that I see eye to eye with Democrats on and he may have seen me post something to that effect.
You are now a republican
Im not sure how fiscally conservative the GOP has been in recent decades. Both gangs have no problem spending like drunken sailors in port. Only difference I see is what they choose to spend the money on. The government I want would be so tiny that both gangs would disapprove.
Good points. I gotta give you a harumph in agreement.
RE: In 10 years 53% of tax payers will be paying more in taxes. - Old Blue - 12-19-2017 07:12 PM
(12-19-2017 08:26 AM)Machiavelli Wrote: How much has the govt. borrowed from Social Security? There’s that too.
Borrowed from Social Security? Everyone knows it's a pay as you go program. If more is payed in than is needed, we have two choices. We can let the politicians spend it, or we can give it back to the contributors. I know what my choice is. What's yours? Because it certainly doesn't go into any lock-box that's for sure.
RE: In 10 years 53% of tax payers will be paying more in taxes. - DefCONNOne - 12-19-2017 07:23 PM
(12-19-2017 08:55 AM)stinkfist Wrote:(12-19-2017 08:40 AM)ericsrevenge76 Wrote:(12-19-2017 08:17 AM)stinkfist Wrote:(12-19-2017 08:09 AM)bullet Wrote: Of course none of this expiration of the cuts will happen unless Democrats are in charge.
Its a game to keep the scoring of the deficit impact down below their agreed point so they can avoid the filibuster. And the scoring of the deficit impact is a game that doesn't reflect the real world. Its static.
So the only way taxes go up on the 53% is if Democrats control Congress or the presidency. If Republicans do, they will extend it another 10 years or make it permanent.
All of this is DC games and nonsense.
Mach conveniently left that out.....
as I always enjoy when it happens, I got my mach, squirmy mika, and crazy joe laughs in early this a.m.....
I caught a full hour of their madness myself.
TDS stage 5
30+ years of following politics and I've never seen the like of it.
it's most definitely defcon -1 in their world......thank God, eh?
even I looked up and gave thanks....
Hey....whoa....how did I get dragged into this?
RE: In 10 years 53% of tax payers will be paying more in taxes. - Kronke - 12-19-2017 07:29 PM
democrats' "but 2027!" argument shows how screwed they are on this issue. President Trump may have just sealed his reelection.
RE: In 10 years 53% of tax payers will be paying more in taxes. - maximus - 12-19-2017 07:33 PM
(12-19-2017 08:14 AM)Machiavelli Wrote: and the DEFICIT GOES UP EVEN MORE!!!!!!!!!!! Great IDEA BULLET..........................I'll send you a $100 gift card if you can post a thread you started in the last 9 years regarding the deficit being negatively impacted by legislation and your objection.
GOSH DARN BRILLIANT!!!!!!!!!!
It's SMERHT!!!!!!!!!!!!!!
Sent from my SM-N950U using Tapatalk
RE: In 10 years 53% of tax payers will be paying more in taxes. - DefCONNOne - 12-19-2017 07:39 PM
(12-19-2017 05:37 PM)Fo Shizzle Wrote:(12-19-2017 02:01 PM)dawgitall Wrote:(12-19-2017 01:59 PM)olliebaba Wrote:(12-19-2017 12:42 PM)Fo Shizzle Wrote: All I know is that for at least 10 years Ill have less stolen from me. Ill take it.
Hey, isn't Fo a Democrat? If he's okay with the Tax Plan why aren't the rest of you Liberals?
Take note to not trust anything you say that you preface with, "if memory serves me correctly."
In his defense...I am a classical Liberal. (socially liberal/fiscally conservative). There are issues that I see eye to eye with Democrats on and he may have seen me post something to that effect.
Child please!! You gave up that title when you started promoting and advocating more and more taxes via your precious consumption tax/VAT. You're a tax-and-spend liberal now. Own it.
RE: In 10 years 53% of tax payers will be paying more in taxes. - stinkfist - 12-19-2017 07:43 PM
(12-19-2017 07:23 PM)DefCONNOne Wrote:(12-19-2017 08:55 AM)stinkfist Wrote:(12-19-2017 08:40 AM)ericsrevenge76 Wrote:(12-19-2017 08:17 AM)stinkfist Wrote:(12-19-2017 08:09 AM)bullet Wrote: Of course none of this expiration of the cuts will happen unless Democrats are in charge.
Its a game to keep the scoring of the deficit impact down below their agreed point so they can avoid the filibuster. And the scoring of the deficit impact is a game that doesn't reflect the real world. Its static.
So the only way taxes go up on the 53% is if Democrats control Congress or the presidency. If Republicans do, they will extend it another 10 years or make it permanent.
All of this is DC games and nonsense.
Mach conveniently left that out.....
as I always enjoy when it happens, I got my mach, squirmy mika, and crazy joe laughs in early this a.m.....
I caught a full hour of their madness myself.
TDS stage 5
30+ years of following politics and I've never seen the like of it.
it's most definitely defcon -1 in their world......thank God, eh?
even I looked up and gave thanks....
Hey....whoa....how did I get dragged into this?
it's not my fault you chose that moniker
disclaimer: notice the minus symbol to help differentiate
(I did give it thought)
RE: In 10 years 53% of tax payers will be paying more in taxes. - Paul M - 12-19-2017 08:43 PM
(12-19-2017 05:32 PM)gdunn Wrote: BTW when Obama was racking up $9 trillion in debt for 8 years, where was your concern? Now we're saying maybe a 10th in 10 years and it's an issue. GTFO
Think projections for the next 10 years are like 10 trillion more or something along the lines of continuing as we have been going. The 1 trillion number with the tax cuts is in addition to the already projected numbers.
RE: In 10 years 53% of tax payers will be paying more in taxes. - chess - 12-19-2017 08:55 PM
10 years from now the tax laws will change.
RE: In 10 years 53% of tax payers will be paying more in taxes. - shere khan - 12-19-2017 08:58 PM
10 years? Bwahahahaha. Ok, I'll vote for a democrat in 10 years, maybe.
RE: In 10 years 53% of tax payers will be paying more in taxes. - bullet - 12-19-2017 09:03 PM
(12-19-2017 07:29 PM)Kronke Wrote: democrats' "but 2027!" argument shows how screwed they are on this issue. President Trump may have just sealed his reelection.
Obama let some things expire.
RE: In 10 years 53% of tax payers will be paying more in taxes. - bullet - 12-19-2017 09:06 PM
House having to revote. More of the arcane Senate rules on how to avoid a filibuster.
https://www.cbsnews.com/news/gop-tax-bill-senate-vote-today-live-house-new-tax-bill-byrd-rule-revote-tomorrow/
RE: In 10 years 53% of tax payers will be paying more in taxes. - dawgitall - 12-19-2017 09:09 PM
(12-19-2017 08:43 PM)Paul M Wrote:(12-19-2017 05:32 PM)gdunn Wrote: BTW when Obama was racking up $9 trillion in debt for 8 years, where was your concern? Now we're saying maybe a 10th in 10 years and it's an issue. GTFO
Think projections for the next 10 years are like 10 trillion more or something along the lines of continuing as we have been going. The 1 trillion number with the tax cuts is in addition to the already projected numbers.
So is Rep. Walter Jones (R-NC) the last deficit hawk left in congress?
RE: In 10 years 53% of tax payers will be paying more in taxes. - bullet - 12-19-2017 09:27 PM
http://thehill.com/opinion/finance/365502-there-are-zero-excuses-to-stand-against-the-trump-tax-cuts
"Love Donald Trump or hate him, what is undeniable one year into his presidency is the new economic optimism of workers, investors, small business owners and major CEOs. An economy that was growing at 1.6 percent when he entered office and never achieved a 3 percent growth rate in the previous decade is now already up to near 3.5 percent growth.
And that’s without the Trump tax cut. I’m on record at CNN for predicting 3.5 percent and possibly 4 percent growth next year, which we haven’t seen in at least 15 years. Barack Obama kept predicting 4 percent growth year after year and he never came close. Maybe a change in strategy on regulation, taxes, energy policy and other strategic shifts makes sense after a decade of malaise...."
RE: In 10 years 53% of tax payers will be paying more in taxes. - stinkfist - 12-19-2017 09:41 PM
(12-19-2017 09:27 PM)bullet Wrote: http://thehill.com/opinion/finance/365502-there-are-zero-excuses-to-stand-against-the-trump-tax-cuts
"Love Donald Trump or hate him, what is undeniable one year into his presidency is the new economic optimism of workers, investors, small business owners and major CEOs. An economy that was growing at 1.6 percent when he entered office and never achieved a 3 percent growth rate in the previous decade is now already up to near 3.5 percent growth.
And that’s without the Trump tax cut. I’m on record at CNN for predicting 3.5 percent and possibly 4 percent growth next year, which we haven’t seen in at least 15 years. Barack Obama kept predicting 4 percent growth year after year and he never came close. Maybe a change in strategy on regulation, taxes, energy policy and other strategic shifts makes sense after a decade of malaise...."
zero's econ policy is akin to laughing when that one ho called it a "glorious sword".....all I could think was just "stfu biatch"
the only reason I would've gambled on the short stick in Nov. was b/c I honestly didn't think the ®s could pull the heads out of their arse after all the bs leading up to finally evacuating......
nobody is happier being wrong on that one than I am right now.....
$$$#yummy
RE: In 10 years 53% of tax payers will be paying more in taxes. - solohawks - 12-19-2017 09:44 PM
(12-19-2017 09:09 PM)dawgitall Wrote:(12-19-2017 08:43 PM)Paul M Wrote:(12-19-2017 05:32 PM)gdunn Wrote: BTW when Obama was racking up $9 trillion in debt for 8 years, where was your concern? Now we're saying maybe a 10th in 10 years and it's an issue. GTFO
Think projections for the next 10 years are like 10 trillion more or something along the lines of continuing as we have been going. The 1 trillion number with the tax cuts is in addition to the already projected numbers.
So is Rep. Walter Jones (R-NC) the last deficit hawk left in congress?
Lol dude votes no on everything
RE: In 10 years 53% of tax payers will be paying more in taxes. - bullet - 12-19-2017 11:41 PM
Thought this table was interesting (not formatting well, but you can see it in the link-434k is top 1%, 175k is top 5%): https://taxfoundation.org/summary-latest-federal-income-tax-data-0/
Table 1. Summary of Federal Income Tax Data, 2012
Number of Returns*
AGI ($ millions)
Income Taxes Paid ($ millions)
Group's Share of Total AGI (IRS)
Group's Share of Income Taxes
Income Split Point
Average Tax Rate
*Does not include dependent filers.
All Taxpayers
136,080,353
9,041,744
1,184,978
100.0%
100.0%
Top 1%
1,360,804
1,976,738
451,328
21.9%
38.1%
> $434,682
22.8%
1-5%
5,443,214
1,354,206
247,215
15.0%
20.9%
18.3%
Top 5%
6,804,018
3,330,944
698,543
36.8%
58.9%
> $175,817
21.0%
5-10%
6,804,017
996,955
132,902
11.0%
11.2%
13.3%
Top 10%
13,608,035
4,327,899
831,445
47.9%
70.2%
> $125,195
19.2%
10-25%
20,412,053
1,933,778
192,601
21.4%
16.3%
10.0%
Top 25%
34,020,088
6,261,677
1,024,046
69.3%
86.4%
> $73,354
16.4%
25-50%
34,020,089
1,776,123
128,017
19.6%
10.8%
7.2%
Top 50%
68,040,177
8,037,800
1,152,063
88.9%
97.2%
> $36,055
14.3%
Bottom 50%
68,040,177
1,003,944
32,915
11.1%
2.8%
< $36,055
3.3%
RE: In 10 years 53% of tax payers will be paying more in taxes. - Kronke - 12-19-2017 11:59 PM
Did kimmel cry tonight?