How can we reduce the national debt by $1 trillion?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There aren't enough rich people.

Look at where the federal dollars actually go. We need to do something about reducing spending on Social Security, Medicare, and the military. We also need to increase tax revenue (through increases and improved enforcement of existing laws).

None of this is hard, but no one wants to even talk about any of these. Cutting spending on government programs isn't necessarily a bad thing, but it is the spending equivalent of arranging the deck chairs on the Titanic. We need to go after our biggest expenses. It will be painful to do this, but less painful than if we ignore the problem until everything implodes.

Yes there are. If we closed the loopholes for Musk, Zuckerberg and Bezos alone have a combined net worth of $910.1 billion. Billionaires should be taxed at 60%. Tax the other 798 billionaires in the US and you’ll take a huge chunk out before you even get to the corporations. But when you buckle and dime anyone bringing in under $1million you’ll never get there. Trump pays no taxes, none. Don’t you see anything wrong with that?

So what will happen to all their employees? I can ASSURE you they don't squirrel away billions in vaults as cash. The billions are in their companies and the stock market creating jobs and employing people.

So if you want to confiscate from them, they're closing their businesses and laying off their employees.


Meanwhile, close to half the country pays no income taxes whatsoever. They just skate. See the IRS tax tables.

https://usafacts.org/articles/who-pays-the-most-income-tax/

https://taxfoundation.org/data/all/federal/latest-federal-income-tax-data-2024/

https://www.cbsnews.com/news/tax-irs-income-taxes-who-pays-the-most-and-least/

https://www.thebalancemoney.com/breakdown-of-who-pays-most-taxes-4178924

You don’t get it. Those billions are not paying for the jobs. The jobs are paid for by consumers. This represents their personal net worth not the balance sheets of their companies.

[Anonymous]

Anonymous wrote:Yes, get rid of Citizens United and pass a constitutional amendment requiring public funding of all elections and forbidding any private funding of any kind.

Citizens United doesn't have a GD thing to do with this. You just want it gone, so you're tagging it on for the ride.

No.

[Anonymous]

Anonymous wrote:Let alone $36 trillion? Any ideas?

#ThingsILoseSleepOver

Reverse tax cuts for billionaires.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Let alone $36 trillion? Any ideas?

#ThingsILoseSleepOver

Tax the richest 100 Americans properly.

And stop spending so damn much money on everything!!!! Start by cutting military spending. I know so many military contractors who are filthy, filthy rich off the taxpayer's dime.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Let alone $36 trillion? Any ideas?

#ThingsILoseSleepOver

Reverse tax cuts for billionaires.

But since Trump is sending recent IRS hires to border this is not going to happen.

[Anonymous]

We do not have a wealth tax in the USA.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Let alone $36 trillion? Any ideas?

#ThingsILoseSleepOver

Tax the richest 100 Americans properly.

And stop spending so damn much money on everything!!!! Start by cutting military spending. I know so many military contractors who are filthy, filthy rich off the taxpayer's dime.

How about you stop creating trillion dollar green energy bills and farming the work out to China for solar panels, batteries and wind turbines, huh?

[Anonymous]

If you in the country illegally, no public assistance, period. And you must pay something for all public services that are free to citizens. It will reduce the illegal invasion.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There aren't enough rich people.

Look at where the federal dollars actually go. We need to do something about reducing spending on Social Security, Medicare, and the military. We also need to increase tax revenue (through increases and improved enforcement of existing laws).

None of this is hard, but no one wants to even talk about any of these. Cutting spending on government programs isn't necessarily a bad thing, but it is the spending equivalent of arranging the deck chairs on the Titanic. We need to go after our biggest expenses. It will be painful to do this, but less painful than if we ignore the problem until everything implodes.

Yes there are. If we closed the loopholes for Musk, Zuckerberg and Bezos alone have a combined net worth of $910.1 billion. Billionaires should be taxed at 60%. Tax the other 798 billionaires in the US and you’ll take a huge chunk out before you even get to the corporations. But when you buckle and dime anyone bringing in under $1million you’ll never get there. Trump pays no taxes, none. Don’t you see anything wrong with that?

So what will happen to all their employees? I can ASSURE you they don't squirrel away billions in vaults as cash. The billions are in their companies and the stock market creating jobs and employing people.

So if you want to confiscate from them, they're closing their businesses and laying off their employees.


Meanwhile, close to half the country pays no income taxes whatsoever. They just skate. See the IRS tax tables.

https://usafacts.org/articles/who-pays-the-most-income-tax/

https://taxfoundation.org/data/all/federal/latest-federal-income-tax-data-2024/

https://www.cbsnews.com/news/tax-irs-income-taxes-who-pays-the-most-and-least/

https://www.thebalancemoney.com/breakdown-of-who-pays-most-taxes-4178924

You are wrong. You could combine the domestic employees of all Bezos, Musk and Zuckerberg (who is cutting his employees in the near future) employ less people the Federal government combined. I bet you support the feds cutting their employees don’t you.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes, get rid of Citizens United and pass a constitutional amendment requiring public funding of all elections and forbidding any private funding of any kind.

Citizens United doesn't have a GD thing to do with this. You just want it gone, so you're tagging it on for the ride.

No.

It has everything to do with politicians motives when they make policy. It’s 100% connected.

[Anonymous]

When was the last time we had no debt?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Let's start with the identified $800 billion in fraud alone last year. Another $200 billion will easily happen once deportations ease the pressure on public goods and services. Another $200 billion will easily come from the freezing, retirement and elimination of welfare government jobs.

How are you going to eliminate fraud if you get rid of those in charging of finding the fraud?

And what about Trump's own fraud, like overcharging the Secret Service for millions when they went to Bedford of Mar-A-Lago et cetera...

+1. Create law that President can have 1 home base outside of the White House for family visit and rest. We already pay for the White House, Camp David.

[Anonymous]

Anonymous wrote:Yes, get rid of Citizens United and pass a constitutional amendment requiring public funding of all elections and forbidding any private funding of any kind.

+100000

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes, get rid of Citizens United and pass a constitutional amendment requiring public funding of all elections and forbidding any private funding of any kind.

Citizens United doesn't have a GD thing to do with this. You just want it gone, so you're tagging it on for the ride.

No.

Citizens united took away free speech and replaced it with money. Now those with the biggest coffers drown everyone else out, where it comes to politics. With Citizens united we handed the country over to the oligarchs. Citizens United has everything to do with this conversation.

[Anonymous]

Anonymous wrote:When was the last time we had no debt?

Bill Clinton was the last one to balance the budget and in fact run a surplus. Since then we had Dubya rack up trillions with the wars in Iraq and Afghanistan, plus his tax cuts, and trillions more with Trump's tax cuts and so on.