Anonymous
11/04/2017 16:35
Subject: Why should I vote Republican after this tax plan?
And when you starve the economy through central planning, businesses cut back or close, unemployment rises and tax collections go down.
Anonymous
11/04/2017 16:26
Subject: Why should I vote Republican after this tax plan?
Anonymous wrote: I'm only this far into reading the thread and it depends on what we're getting but I would be willing to pay like 10-20k a year for universal healthcare, investments in clean energy, childcare subsides and access to higher education.
Great, so you propose that someone in DC tell everyone to spend money on universal healthcare, investments in clean energy, childcare subsides and access to higher education.
Since the money will now be spent on what you want because you want this done by "fiat", what will the money not be spent on? Travel and vacations? New cars? Housing additions? Clothing? New electronics? Landscaping? Passing it on via charity? New forms of entertainment?
Because you want a mandate on spending how you want it, does that mean the earner doesn't get to decide where this 10-20k a year goes themselves, even though they earn it... because money can't be spent on two things at once?
So just take from earners and spend it as you deem it should be? Do you see a problem with that thinking... because you're starving the economy of a lot of market driven forces by fiat.
Anonymous
11/04/2017 16:13
Subject: Why should I vote Republican after this tax plan?
Anonymous wrote:Rand Paul is such a liar. Velocity of money (M2) is at historical lows because business/capital owners and corporations are hoarding their money. We need more money in the hands of every family with an HHI of $500K.
Why? Because they spend it. Unlike the wealthy which just inefficiently plow it into pushing up the prices of existing assets.
Fix this graph, and you fix America:
https://fred.stlouisfed.org/series/M2V
Nope. M2 is low because has been printing for so long, that they've made money very easy. It's like a drug. The more you take, the less effect it has. So now the Fed has had money rushing into the system by every form possible. TANF, TALF, QE 1,2,3, Maiden Lane and a dozen other programs. In other words, easy money.
Meanwhile, they lie about inflation, because the government doesn't want to increase the COLAs for the entitlements. But, when everyone is screaming we need a higher minimum wage all of sudden, you know damn well there's inflation whether Uncle Sham wants to admit it or not. Just look at the packaging sizes of consumer products and food.
Now, back to Velocity of Money. When you make money so easy by printing and printing like the fed has, prices on bigger items like houses and cars and education rises. That locks out a lot of the people on the lower end, so the velocity of money stops because they aren't buying. See what happens when the govt gets too involved in economics and central planning of the economy?
If prices are allowed to go where they have to without massive manipulation like the federal reserve and treasury and Washington DC are doing, then velocity of money naturally rises. The masterminds and overlords in DC are screwing us with price supports, artificial inducements and subsidies and unrealistic pricing caused by bad political policy.
Anonymous
11/04/2017 15:57
Subject: Re:Why should I vote Republican after this tax plan?
Income of $180K before deductions.
Annual savings: Retirement savings $18K, College Savings $10K, Health care expenses (including premiums) $12-14K,
I currently pay around $17K in federal taxes, $11K in payroll, $11K in state and $7K property
I would definitely be willing to pay more in taxes to the federal government if I got more help in these the areas of retirement, healthcare and higher education and therefore did not have to save as much myself.
Also be willing to pay more to help others who are less fortunate than we are
Definitely willing to pay more to get better government services that would ensure my children and grandchildren had a bright future (research funding, infrastructure, environmental regulation, consumer and workplace protection, national parks, museums etc).
I am not sure what the exact dollar amount I would be willing to pay is but as my example shows, I would be in a position to pay more in taxes if I had a better safety net (health care and retirement) and better government services and so did not have to save as much myself.
Annual savings: Retirement savings $18K, College Savings $10K, Health care expenses (including premiums) $12-14K,
I currently pay around $17K in federal taxes, $11K in payroll, $11K in state and $7K property
I would definitely be willing to pay more in taxes to the federal government if I got more help in these the areas of retirement, healthcare and higher education and therefore did not have to save as much myself.
Also be willing to pay more to help others who are less fortunate than we are
Definitely willing to pay more to get better government services that would ensure my children and grandchildren had a bright future (research funding, infrastructure, environmental regulation, consumer and workplace protection, national parks, museums etc).
I am not sure what the exact dollar amount I would be willing to pay is but as my example shows, I would be in a position to pay more in taxes if I had a better safety net (health care and retirement) and better government services and so did not have to save as much myself.
Anonymous
11/04/2017 15:26
Subject: Why should I vote Republican after this tax plan?
Anonymous wrote:Rand Paul is such a liar. Velocity of money (M2) is at historical lows because business/capital owners and corporations are hoarding their money. We need more money in the hands of every family with an HHI of $500K.
Why? Because they spend it. Unlike the wealthy which just inefficiently plow it into pushing up the prices of existing assets.
Fix this graph, and you fix America:
https://fred.stlouisfed.org/series/M2V
Edit - "$500K or less"
Anonymous
11/04/2017 15:25
Subject: Why should I vote Republican after this tax plan?
Anonymous wrote:Anonymous wrote:Anonymous wrote:I’m an upper middle class professional and a Democrat. For years I’ve been hearing that I should really be Republican for my own self interest. Less taxes and all that. But now this new Trump/Republican tax plan come out and guess what, it complete is not good for me.
Can someone explain?
I thought liberals wanted their taxes raised to support those in need. All talk?
Upper middle class liberal here. I don't mind paying more taxes especially if it were for universal health care and what not. But I do mind paying more taxes to give tax cuts to top 1%.
Plus the Republicans hope to put our deficit more in the hole so that they can can rid of social security and medicare. So I am not in favor of tax cuts at least not the kind the Republicans are proposing. In fact they need to raise taxes on the likes of Trump et al.
Vote Democratic and vote every time!
I will never vote for a Republican again. They are dumb and terrible.
Anonymous
11/04/2017 15:25
Subject: Why should I vote Republican after this tax plan?
Rand Paul is such a liar. Velocity of money (M2) is at historical lows because business/capital owners and corporations are hoarding their money. We need more money in the hands of every family with an HHI of $500K.
Why? Because they spend it. Unlike the wealthy which just inefficiently plow it into pushing up the prices of existing assets.
Fix this graph, and you fix America:
https://fred.stlouisfed.org/series/M2V
Why? Because they spend it. Unlike the wealthy which just inefficiently plow it into pushing up the prices of existing assets.
Fix this graph, and you fix America:
https://fred.stlouisfed.org/series/M2V
Anonymous
11/04/2017 15:22
Subject: Why should I vote Republican after this tax plan?
Anonymous wrote:Anonymous wrote:I’m an upper middle class professional and a Democrat. For years I’ve been hearing that I should really be Republican for my own self interest. Less taxes and all that. But now this new Trump/Republican tax plan come out and guess what, it complete is not good for me.
Can someone explain?
I thought liberals wanted their taxes raised to support those in need. All talk?
Upper middle class liberal here. I don't mind paying more taxes especially if it were for universal health care and what not. But I do mind paying more taxes to give tax cuts to top 1%.
Plus the Republicans hope to put our deficit more in the hole so that they can can rid of social security and medicare. So I am not in favor of tax cuts at least not the kind the Republicans are proposing. In fact they need to raise taxes on the likes of Trump et al.
Vote Democratic and vote every time!
Anonymous
11/04/2017 14:57
Subject: Re:Why should I vote Republican after this tax plan?
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Anonymous
11/04/2017 14:57
Subject: Why should I vote Republican after this tax plan?
Anonymous wrote:Anonymous wrote:
We can start there. Is it a huge % of our budget and we all know how they waste money.
No, we can start with welfare programs and social spending and out of control entitlements, because every year, that's the first GD thing that is brought up and after that, the convo stops. Efff that.
So much for "compromise". See, do liberals EVER compromise?
Let's start with defense. It is low hanging fruit. And an embarrassment.
Anonymous
11/04/2017 14:56
Subject: Why should I vote Republican after this tax plan?
Anonymous wrote:
We can start there. Is it a huge % of our budget and we all know how they waste money.
No, we can start with welfare programs and social spending and out of control entitlements, because every year, that's the first GD thing that is brought up and after that, the convo stops. Efff that.
So much for "compromise". See, do liberals EVER compromise?
Anonymous
11/04/2017 14:54
Subject: Why should I vote Republican after this tax plan?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
You are a moron. Do you not understand how $50,000 won't do much. Everyone needs to pay. Especially when we have so many dummies like you. JFC.
I have never seen a liberal at least admit that there may be administrative waste in the system and we don't need the manpower numbers we have in every federal agency to get the job done. Furthermore, I've never seen a liberal state that maybe we can turn x, y or z back to the state.
The ONLY thing I've seen you do is push your agenda without compromise and ask for govt to do more more more. You never never compromise on anything, assholes, so why should the other side???
Sure we do. The defense budget is insane and should be cut. By a ton.
Not just the defense budget, correct ?
We can start there. Is it a huge % of our budget and we all know how they waste money.
Anonymous
11/04/2017 14:53
Subject: Why should I vote Republican after this tax plan?
Anonymous wrote:Anonymous wrote:Anonymous wrote:
You are a moron. Do you not understand how $50,000 won't do much. Everyone needs to pay. Especially when we have so many dummies like you. JFC.
I have never seen a liberal at least admit that there may be administrative waste in the system and we don't need the manpower numbers we have in every federal agency to get the job done. Furthermore, I've never seen a liberal state that maybe we can turn x, y or z back to the state.
The ONLY thing I've seen you do is push your agenda without compromise and ask for govt to do more more more. You never never compromise on anything, assholes, so why should the other side???
Sure we do. The defense budget is insane and should be cut. By a ton.
Not just the defense budget, correct ?
Anonymous
11/04/2017 14:52
Subject: Why should I vote Republican after this tax plan?
Anonymous wrote:Anonymous wrote:I’m an upper middle class professional and a Democrat. For years I’ve been hearing that I should really be Republican for my own self interest. Less taxes and all that. But now this new Trump/Republican tax plan come out and guess what, it complete is not good for me.
Can someone explain?
You live in a Blue State and should derive joy out of paying higher local and state taxes to take care of those who didn’t have the privilege you have. You are the nameless, faceless giver and your graciousness shows by not needing appreciation by those who benefit from your success. You are a Democrat because you believe in sharing.
Time to share.
+1. We bought this for too long. Now that we've been used, both my spouse and I think and vote alternatively.
Anonymous
11/04/2017 14:51
Subject: Why should I vote Republican after this tax plan?
Anonymous wrote:Anonymous wrote:
You are a moron. Do you not understand how $50,000 won't do much. Everyone needs to pay. Especially when we have so many dummies like you. JFC.
I have never seen a liberal at least admit that there may be administrative waste in the system and we don't need the manpower numbers we have in every federal agency to get the job done. Furthermore, I've never seen a liberal state that maybe we can turn x, y or z back to the state.
The ONLY thing I've seen you do is push your agenda without compromise and ask for govt to do more more more. You never never compromise on anything, assholes, so why should the other side???
Sure we do. The defense budget is insane and should be cut. By a ton.