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Money and Finances
Reply to "The increase in SALT caps is so ridiculous"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you don't need it, give it away to someone who does. The Capital Area food bank always needs more money.[/quote] It's not that, it's that the country is blowing itself up. We are all going to be in the poverty line if the US defaults on our debt. The BBB is masisvely exploding thr debt. Paying interest alone on the debt is now costing like $1T for the country. If we do nothing soon, we default and have Great Depression 2. If we don't want that, then taxes have to go up while measures of austerity will have to be severe - huge cuts to Medicare, Medicaid and the military. There is no reason more well to do off folks should be getting huge tax cuts. The amount they get back isn't going to make their lives better. Making sure the country stays solvent will, however. [/quote] Nobody, and I mean nobody is willing to pay more taxes. Democrats have tried to raise taxes and lose elections because of it. And nobody is calling for tax increases on anyone except the ultra wealthy anyways. [/quote] Cut the defense budget. Abolish ICE, use those funds to restore cancer research and mental health services. Stop paying government workers you terminate and then retire. Stop putting president’s names in buildings 30 days before you close them. Stop corrupt admins. There’s a lot we can do here while also raising taxes on billionaires and billionaire corporations. [/quote] Stop pensions and healthcare for A government workers including military. Pay them a slightly higher salary in return and make them have to contribute to 401ks/403bs for retirement and pay for private healthcare insurance like the rest of us. Get rid of the VAs. No reason we need to continue to subsidize these benefits. It would probably be cheaper to pay them a higher salary than to pay for their lifetime pensions. [/quote] Newer feds like myself are already contributing more than 4.4 percent of our own pay towards pension benefits (most likely paying for people currently receiving benefits) in addition to FICA, and also contributing towards TSP, and also paying for a good portion of family health insurance coverage. If you want to take those things away and replace them with a higher salary, it’s money out of my right pocket and into my left. Not sure how this saves the taxpayer. Oh and my agency is fee funded, so taxpayers aren’t paying for it anyway.[/quote]
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