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by: Stealth83 Active Indicator LED Icon 16 OP 
~ 6 years ago   May 5, '17 9:05pm  
Removed By Request 4951
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donnatella Active Indicator LED Icon 13 Forum Moderator
~ 6 years ago   May 5, '17 9:06pm  
Really? LOL I earn it, I spend it. Problem solved and decision made. 4951
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cooped Active Indicator LED Icon
~ 6 years ago   May 5, '17 9:26pm  
That's easy. The government knows exactly how to spend every penny I make.  Give it to illegals, communist governments, corrupt governments,  padding their own pockets.  The list goes on and on.  You didn't ask who knows how to spend it better.  You asked who knew how to spend it.  4951
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Stealth83 Active Indicator LED Icon 16 OP 
~ 6 years ago   May 5, '17 10:10pm  
Removed By Request 4951
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Retired_Engineer Active Indicator LED Icon 13
~ 6 years ago   May 5, '17 10:18pm  
So if everyone feels that people know better then why are some upset by tax cuts for wealthy?
 
Dont they have a right to the money they earned?

@Stealth83:  True, but so do the middle-class.  The wealthy should pay taxes on a similar % of the middle-class.  Congress (most of whom are among the wealthy) creates tax laws that give the wealthy many more tax breaks than regular middle-class people can get.  The wealthy can also pay for a group of accountants to make sure they pay the least amount of taxes possible.Government needs to cut spending to balance the budget NOW.  Then we can take action to start paying off our debt (probably by raising taxes, but in a way that Congress can ONLY use it to pay off debt).  As soon as Congress starts playing games with that income, it will become like Social Security.
 
 
4951
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Stealth83 Active Indicator LED Icon 16 OP 
~ 6 years ago   May 5, '17 10:22pm  
Removed By Request 4951
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Retired_Engineer Active Indicator LED Icon 13
~ 6 years ago   May 5, '17 10:27pm  
Cutting spending is a must.
 
Im all for a govt shutdown. If a department has "non essential" staff they are the first to go.
 
So many out dated and unnecessary services.
 
Disability abuse
 
Irs is crazy.

@Stealth83:  Agreed.I'll add too much overlapping of Food, Drug, and Agriculture departments means inefficiency and gaps because one dept thinks another is covering an item.
 
 
4951
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ET Active Indicator LED Icon 17
~ 6 years ago   May 5, '17 10:36pm  

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>> So if everyone feels that people know better then why are some upset by tax cuts for wealthy?
 
Dont they have a right to the money they earned?
 
@Stealth83:  True, but so do the middle-class.  The wealthy should pay taxes on a similar % of the middle-class.  Congress (most of whom are among the wealthy) creates tax laws that give the wealthy many more tax breaks than regular middle-class people can get.  The wealthy can also pay for a group of accountants to make sure they pay the least amount of taxes possible.Government needs to cut spending to balance the budget NOW.  Then we can take action to start paying off our debt (probably by raising taxes, but in a way that Congress can ONLY use it to pay off debt).  As soon as Congress starts playing games with that income, it will become like Social Security.
 
 
 
@Retired_Engineer:
 
Wealthy already pay higher percentages and lose almost all normal deductions and get to enjoy being pummeled by the AMT. Any tax breaks are usually business investment related not just random things out there. 4951
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AuthorMan Active Indicator LED Icon 17
~ 6 years ago   May 6, '17 6:21am  
DW. 4951
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mulmye Active Indicator LED Icon 5
~ 6 years ago   May 6, '17 7:56am  
Cutting spending is a must. Im all for a govt shutdown. If a department has "non essential" staff they are the first to go. So many out dated and unnecessary services. Disability abuse Irs is crazy.
@Stealth83: Disability abuse?  Do you mean the abusive denial of disability benefits to individuals in need? 4951
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BooBear Active Indicator LED Icon 16
~ 6 years ago   May 6, '17 8:05am  

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>> Cutting spending is a must. Im all for a govt shutdown. If a department has "non essential" staff they are the first to go. So many out dated and unnecessary services. Disability abuse Irs is crazy.
@Stealth83: Disability abuse?  Do you mean the abusive denial of disability benefits to individuals in need?
 
@mulmye:
 
Both happen. You don't have to deny one to acknowledge the other. If there were less disability abuse, maybe there would be fewer denials to those that really need it. The case workers are jaded. 4951
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BooBear Active Indicator LED Icon 16
~ 6 years ago   May 6, '17 8:19am  
To answer the question..I know nothing about defense spending, infrastructure and the myriad of other things our government spends money on so while I know best what to spend my money on at home, I try not to be wasteful..I wish the government would treat tax payer money as I treat money. I don't really think your question was framed right..trying to equate spending our own money to tax cuts for wealthy..I don't get the correlation. 4951
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ET Active Indicator LED Icon 17
~ 6 years ago   May 6, '17 8:21am  
would treat tax payer money as I treat money.

@BooBear:
 
 
You mean like pissing it away boozing with @donnatella? 4951
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BooBear Active Indicator LED Icon 16
~ 6 years ago   May 6, '17 8:22am  

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>> would treat tax payer money as I treat money.
 
@BooBear:
 
 
You mean like pissing it away boozing with @donnatella?
 
@ET: yes.
 
4951
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mulmye Active Indicator LED Icon 5
~ 6 years ago   May 6, '17 8:22am  

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>>
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>> So if everyone feels that people know better then why are some upset by tax cuts for wealthy? Dont they have a right to the money they earned?
@Stealth83:  True, but so do the middle-class.  The wealthy should pay taxes on a similar % of the middle-class.  Congress (most of whom are among the wealthy) creates tax laws that give the wealthy many more tax breaks than regular middle-class people can get.  The wealthy can also pay for a group of accountants to make sure they pay the least amount of taxes possible.Government needs to cut spending to balance the budget NOW.  Then we can take action to start paying off our debt (probably by raising taxes, but in a way that Congress can ONLY use it to pay off debt).  As soon as Congress starts playing games with that income, it will become like Social Security.
@Retired_Engineer: Wealthy already pay higher percentages and lose almost all normal deductions and get to enjoy being pummeled by the AMT. Any tax breaks are usually business investment related not just random things out there.
@ET: Why do hedge funds pay a15% tax rate when the rest of us pay higher rates?  "Usual business related expenses" are subject to interpretation.  They have made many accountants and tax lawyers very comfortable and allowed some of the most profitable companies to pay relatively little.  The regressive impact of a flat tax sans deductions has its appeal despite its regressive impact because there would be a certainty of payment but I am already setting up my pass through entity "MULMYE LLC" to lower my tax rate.
 
 
4951
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ET Active Indicator LED Icon 17
~ 6 years ago   May 6, '17 8:22am  

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>>
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>> would treat tax payer money as I treat money.
 
@BooBear:
 
 
You mean like pissing it away boozing with @donnatella?
 
@ET: yes.

@BooBear:
 
 
Then we are probably on the right track. 4951
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