Termyn8or
Posts: 18681
Joined: 11/12/2005
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"You want to see the nation out of its financial problems?
A ) Raise federal iminimum wages to $15/hour
B ) Set taxes on the top two tiers of the Income Tax to what they were under Reagan
C ) Score the money from A & B above and pay off the national debt inside 11-13 years
Typical non math understanding liberal horseshit.
A. First of all, people who make $15 an hour do not pay all that much tax. You would have to raise taxes on them because there are many of them. You want to hurt those poor people ? And that is poor. IF, in the rare event anyone can get a 40 hour a week job with the employer mandate coming in that is $600 a week. for SS, out come $90, then there are state and local taxes. And then, even without any dependents you get about a $7,000 deduction or so. Your gross is about $31,000. You pay approximately 16 % on that. Not even four grand.
And rent is not under $500 a month weven here where the ecomomy is really in the shitter. the climate goes damnear from zero to a hundred degrees every year so count on bills for that. Car insurance is no longer cheap. I used to get it for like $400 a year, and that wass after a fucking DUI. Some people with just one accident pay almost that much per month. and then there is usually a car payment because few can really pay cash for a something that won't nickel and dime them to death.
And you raise that minimum wage and everything goes up. These people would eventually probably be in worse shape. What's more, they will be put on part time and forced to produce more or get fired. I know business and I know how ruthless people are. You have some sort of notion that making a law would work in the first place, but if you knew the reality of the world you would know that more people would be working under the table. I've worked for like $30 an hour under the table, in fact more than that when I got a percentage. If the IRS walks in I am a consultant.
B. Raising those taxes will not work because there are too few of them. do you know that the 1 % starts at only $300,000 a year ? If you raise taxes on like a thousand people by a million a year each, you are not even coming close. A thousand times a million is a billion, now what is the federal budget ? Now try to teach that liberal mind to tell which is the bigger number.
C. They would spend it, as proven time and time again. Have you ever see them fighting over LOWERING the debt ceiling ? What's more, non math folks, say we take ten years instead of your eleven to thirteen just to have a round number. the debt is $18 fucking TRILLION. Do have any concept of exponents ? A trillion, I am sure you know is a thousand billions, but did it occur to you that it is a billion thousands ? A budget surplus of even $18 billion a year would take 1,000 years to pay off the debt.
Typical, no foundation in reality. you got one percent at $300,000 a year. How much do you think you can tax them ? If they got a nice house and cars and tuition for the kids, they are not going to have much left. You will actually deincenivise success even more, just like in the schools.
I already know people who got out of work to collect because of this shit. Mainly for medical reasons. for example a buddy of mine was a truck driver and ran special extra wide loads n shit. those big huge windows on the buildings in Chicago, well he delivered them. but he was never home and he got his olady pregnant. He put her ass on welfare to get medical and worked under the table ever since as a contractor, though he did get a oad from a private company hauling bar stock once in a while in a hotshot, which does not require a CDL.
Then we got another one quit her fulltime job because it was found she had a condition that is not an easy and cheap thing. Know what ? She used to have decent healthcare until the ACA. Every time liberal make a move that seems to help people it really does not. Fucking no math skills at all.
And that is why the debt to GDP ratio in the US is about like that of Greece. you didn't save a fucking dime with that. And you will not pull in nearly enough money to even make a dent if you tripled the tax on the upper even two or three percent.
One thing that would really help is knocking down the military budget, but I have not seen democrats do anything substantial in that area. Where are they ? Where are they fighting to close extra military bases in supposedly friendly countries ? Is it because their governments need to be propped up like Saudi Arabia ? Either a base or a bunch of money to keep the US government's friends in power against the will of the People, both theirs and ours.
And then there is QE, which amounts to billions per month, mostly down the tubes, but for that they are creating the money rather than borrowing it so it doesn't show up. BILLIONS. All the tax dollars you could hope to get from soaking the rich and alot more.
but see if you stop QE the stock market drops and more people lose their retirement. Also, if you cut the military spending there will be less work, for one because of the (some( supplies for them being produced here, and also because of all the servicemen returning to roost, and look for jobs.
Nope, that is all pie in the sky dreaming. The only way to fix it is to default on the national debt. Just say fuck you and that is it. The dollar plummets and imports become ghastly expensive. That will impel people to produce things here and the country will move back toward being self sufficient. At that point there should be alot more employment. And never quote me the unemployment figures, they are total lies, all six or whatever sets of them. Same with inflation, until you can eat an ipad.
Now one liberal idea I am for is raising corporate tax rates. Let them threaten to move out. Go, they ain't paying shit anyway. But now that you moved, there is a new tax on what YOU import here. and like when a US Citizen renounces and states taxes as the reason can never set foot on US soil again, same for them. They won personhood in the courts, let them sleep in the shit.
Not all liberal ideas are bad, but you are oversimplisitc in it because you never ran the numbers. yo ulet "them" do it for you apparently because anyone who know math and does the research knows those liberal buzzwords will not solve the problem.
If the debt was $18 BILLION instead of $18 TRILLION it would work. but it is not.
T^T
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RE: Immigration is not the solution to poverty - 
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