- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
1
Posted on 1/28/24 at 7:56 pm to Upperaltiger06
Our debt growth is on trajectory to hit $50 trillion by 2030 ...... lets be optimistic and assume avg debt cost is 4.5% ..... thats $2.25 trillion in debt ..... keep in mind SS and Medicare are both flipping to outlays of cash vs inflows they have been forever and we'lll have to start issuing UST to cover that 'off balance sheet' outflow of money for both
iinterest could easily hit $3 trillion by then
lets put this in perspective : US govt is currently spending $6+ trillion and taking in $4 trillion in tax revs .. now add $3tln
iinterest could easily hit $3 trillion by then
lets put this in perspective : US govt is currently spending $6+ trillion and taking in $4 trillion in tax revs .. now add $3tln
Posted on 1/28/24 at 8:28 pm to TJG210
quote:
A consumption based tax system is the way imo
Abolish the IRS and implement a VAT. The more you consume, the more you pay. Simple. Fair.
Posted on 1/28/24 at 9:08 pm to nola tiger lsu
quote:
Cry about it old man
frick off welfare taking Commie. Those of us who pay out of the arse fund your suck arse life. Loser.
This post was edited on 1/28/24 at 9:12 pm
Posted on 1/28/24 at 9:12 pm to Coach72
quote:I'm sure your effective rate was pretty low. You'll be fine.
Did my taxes
Frick our system, and abolish the IRS.
I guess government wouldn't need as much if we weren't giving illegals free shite and passing out EIC and welfare to millions of degenerate lowlife pieces of shite.
Rant over.
#SecessionNow!
Posted on 1/28/24 at 9:28 pm to Powerman
quote:
If someone is pulling in a top 10% income they're likely not crying about taxes
It's usually the lower middle class crying about the very paltry taxes they actually pay
bullshite. I paid 36% more in 2022 than in 2021. I'm in a high bracket and I bitch my fricking arse off mainly thinking of you bunch of pussy liberals sending my fricking money to Ukraine. I took 0 in PPP money btw
Posted on 1/28/24 at 10:11 pm to Coach72
We all gotta pay our fair share bra I know it sucks though.
Posted on 1/28/24 at 10:17 pm to SelaTiger
quote:
We all gotta pay our fair share bra I know it sucks though.
We shouldn’t have to work a quarter of the yr for the government though.
Posted on 1/28/24 at 10:21 pm to TJG210
quote:
consumption based tax system is the way imo
Genuinely curious what you propose/mean by this? We already pay a consumption tax via sales tax.
Posted on 1/28/24 at 10:32 pm to nola tiger lsu
Are you autistic?
Posted on 1/28/24 at 10:52 pm to nola tiger lsu
Nola tiger has likely never had to pay federal income tax. Rude awakening coming soon.
Posted on 1/28/24 at 10:59 pm to Coach72
Everyone would be up in arms without the whole withholding scheme. Imagine having to send a check to the IRS every time you get paid.
Posted on 1/28/24 at 11:16 pm to NC_Tigah
quote:
Don't pay early
Why?
I do them as soon as I have access to all of my W2's.
Posted on 1/28/24 at 11:45 pm to Aubie Spr96
quote:
Abolish the IRS and implement a VAT. The more you consume, the more you pay. Simple. Fair.
Yes to abolish the IRS, frick no to VAT. Straight sales tax, no VAT.
Posted on 1/29/24 at 2:39 am to Powerman
quote:
If someone is pulling in a top 10% income they're likely not crying about taxes
You’re drunk. Posted on 1/29/24 at 2:42 am to OU Guy
quote:And all those projections are with no recessions or another COVID, or wars. We are already at WWII level debt to GDP. We cannot fight an actual war at this point. And the math, as you note… says we’re already toast. We just don’t know it.
iinterest could easily hit $3 trillion by then
lets put this in perspective : US govt is currently spending $6+ trillion and taking in $4 trillion in tax revs .. now add $3tln
A wise man once told me “don’t never removes pain. It just shifts the timing of the pain”
Posted on 1/29/24 at 2:58 am to cwill
quote:
The Fed has been decreasing the money supply for the last 2 years. In fact, they started before covid and it really upset tCult leader.
Congratulations on being technically correct
Posted on 1/29/24 at 4:55 am to cwill
quote:
Lay it out brother. I'm always interested in learning.
In dec of 2019 the money supply was lower than it is now. It’s pretty easy to fact check this lie you are telling.
Posted on 1/29/24 at 5:29 am to Aubie Spr96
quote:
Abolish the IRS and implement a VAT.
You think companies will benevolently pay in the VAT each period.
It is hilarious how some of you in one breath bitch and moan about the national debt an in the next breath say AbOlIsH tHe IrS.
You realize you want to abolish the entity responsible for collecting the revenues and enforcing the tax laws.
Are you going to create a new agency, The VAT Collection Department, to oversee your new revenue program?
Posted on 1/29/24 at 5:32 am to dgnx6
quote:
In dec of 2019 the money supply was lower than it is now. It’s pretty easy to fact check this lie you are telling.
True, but it was still growing.
2020 was a trial run of MMT.
Page 3 of 7
Popular
Back to top
Follow TigerDroppings for LSU Football News