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Started By
Message
re: Did my taxes
Posted on 1/29/24 at 8:30 am to Powerman
Posted on 1/29/24 at 8:30 am to Powerman
quote:
100 percent correct. You have to pay in a significant amount just to be a net positive impact to the system
You don’t even have enough information to make this claim.
And again, the same entity that charges and collects for these services is the provider of the services. People bitching about the taxes they pay are inherently bitching about the value of these services
0
Posted on 1/29/24 at 8:43 am to JAMAC2001
quote:Yikes!
brags to me every year how much he "gets back" on taxes
Posted on 1/29/24 at 9:03 am to NC_Tigah
quote:
Sigh ...
I'm speaking to the fiat currency/audit the Fed/money machine goes brr lunatics.
Posted on 1/29/24 at 9:05 am to OceanMan
quote:
You think we may run into cash flow issues since these “assets” being sold are more expensive to pay back than the ones they were buying?
Dunno, but keep reading that tightening could end within year.
Posted on 1/29/24 at 9:29 am to dgnx6
quote:
In dec of 2019 the money supply was lower than it is now.
Bc the Fed was tightening from '17-'19 over the objections of DJT. Then Covid happened and Congress along with DJT pumped up the volume. Then beginning in 2022 the tightening recommenced. So, where is the lie?
Posted on 1/29/24 at 9:34 am to Powerman
quote:
It's usually the lower middle class crying about the very paltry taxes they actually pay
Look at this pretender. What a winner.
Posted on 1/29/24 at 9:36 am to Powerman
quote:
If someone is pulling in a top 10% income they're likely not crying about taxes
Some estimates have the Top 10% of household income as above $216K per year. Many of those are still crying about taxes. I am one of them.
Posted on 1/29/24 at 9:36 am to Tigerfan1274
quote:
If someone is pulling in a top 10% income they're likely not crying about taxes
Some estimates have the Top 10% of household income as above $216K per year. Many of those are still crying about taxes. I am one of them.
He has massive personal insecurity issues.
Everyone hates taxes. Except politicians and teachers.
This post was edited on 1/29/24 at 9:40 am
Posted on 1/29/24 at 10:18 am to cwill
quote:
Dunno, but keep reading that tightening could end within year.
Which will make those “assets” more expensive to buy back.
Learning economics is easy, but in real life things don’t happen in a vacuum.
Posted on 1/29/24 at 10:21 am to NC_Tigah
quote:
Here you go.
I think whatever you posted is blocked by the work filter
But the whole "giving the government a 0 interest loan" thing is totally played out and amounts to a trivial amount of money for most people
Posted on 1/29/24 at 10:23 am to Tigerfan1274
quote:
Some estimates have the Top 10% of household income as above $216K per year. Many of those are still crying about taxes. I am one of them.
As long as you realize you're just being a whiny little baby I guess it's ok to keep whining
Posted on 1/29/24 at 10:33 am to Coach72
If the govt really wanted to stimulate the economy, all they need to do is suspend the federal income tax for a year.
The only problem with this is people would revolt when they reinstated the income tax after suspending it. And I'd be ok with that.
The only problem with this is people would revolt when they reinstated the income tax after suspending it. And I'd be ok with that.
Posted on 1/29/24 at 11:30 am to Gideon Swashbuckler
The "grown" men in this thread simping for the tax system is mind blowing.
No wonder we are in this mess
No wonder we are in this mess
Posted on 1/29/24 at 11:31 am to cwill
quote:No.
I'm speaking to the fiat currency/audit the Fed/money machine goes brr lunatics.
You were speaking about Trump lamenting the Fed raising rates.
Your Bloomberg source implied Trump would overheat the economy. That take was ridiculously ironical considering we were barely 3 months out from deflation, and in the midst of > 2 1/2 years of lowflation. Turns out, future candidate Bloomberg had reason to convince naive folks like yourself that Trump was an economic idiot.
Your post "Trump wants money printer to go brrrr!" indicates you swallowed Bloomberg's BS ... hook, line, and sinker.
Posted on 1/29/24 at 11:32 am to YumYum Sauce
quote:
The "grown" men in this thread simping for the tax system is mind blowing.
No wonder we are in this mess
How do you propose we fund the government if not via taxation?
Posted on 1/29/24 at 11:34 am to Gideon Swashbuckler
quote:
If the govt really wanted to stimulate the economy, all they need to do is suspend the federal income tax for a year.
I'm fine with that if you cut spending.
But if you dont, you will pay it later.
The issue is federal spending.
Posted on 1/29/24 at 11:35 am to NC_Tigah
quote:
No. You were speaking about Trump lamenting the Fed raising rates.
Yes…bc those types think the fed is always printing money and trump will somehow be a bulwark against. This is not nuanced.
Posted on 1/29/24 at 11:36 am to OceanMan
quote:
Learning economics is easy, but in real life things don’t happen in a vacuum.
Can apply to any discipline.
Posted on 1/29/24 at 11:38 am to YumYum Sauce
quote:
The "grown" men in this thread simping for the tax system is mind blowing.
Theyre only arguing for it because youre against it. Dont give them that much credit.
Posted on 1/29/24 at 11:41 am to RogerTheShrubber
I don't think anyone is really arguing for it or saying they love the status quo. I'd prefer a consumption based system but I'm not under the delusion that we're going to have a drastic change in the way we collect taxes any time soon.
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