“40% of the country doesn’t pay taxes.”
ok. 40.1% of Americans pay no federal income taxes. That’s a mess.
Does this include Children ? Honest question
Retirees living on only social security at or below the poverty level?
So, you oppose progressive tax rates?
Elon Musk?
No. The opposite but when the initial rate is 0% for so many, I don’t think that’s correct.
We at least agree on half of the problem. IMO There is little point in further taxing, via income tax, people who already can barely afford the cost of living. but certainly we are too low on the high end - in particular I think we are long overdue for at least one, maybe two additional tax brackets at the top. And the rates for the existing top 2-3 brackets probably need to go up.
And lets not forget Corporate income taxes For ex no freaking reason to cut taxes for banks in trump 1-most had just experienced record profits
Agreed but with that said - the issue over the last five years has been expenditures. It’s gone up 56% in 5 years, which is obscene.
So, you want to charge impoverished people income tax? Even though they pay FISA and federal excise taxes?
This is incorrect but deserving of another thread.
You know how precious the widow's mite is or that's how they think.
How much of that was COVID/STIMULUS Blip??
What does Covid have to do with 2024?
It's part of the 8 trillion dollars that Trump added to the national debt. David Stockman has said that between his first term and his announced plans for this term, he might add 30 trillion before he and his policies are done. The interest on that debt is a part of it.
The interest is just a fraction of the 56% increase since 2019.
Yes and directly or indirectly, as when Obama had to pay for the Shrub's military mistakes, the Republicans are responsible for the greatest part of it by far. Reagan almost tripled it and was the one to first really put us behind the eight ball. You're like the guy who killed his parents and asked the judge to have mercy on him because he's an orphan.
