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The ultimate
General Boards - Politics
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Replies: 13
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The ultimate

3

Oct 24, 2024, 6:26 PM
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https://x.com/jay_d007/status/1849576679779209393?s=46&t=A2ebU1-1g77PAArQxgNMqw

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Re: The ultimate

1

Oct 24, 2024, 6:30 PM
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And you think this is a good thing? The revenue would have to be made up by taxes somewhere else. They'd just make the average person pay more so Trump and his rich friends won't have to pay income taxes.

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Yep, the income tax is evil.

2

Oct 24, 2024, 7:35 PM
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The least evil tax would be sales tax. Tariffs are essentially that.

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^^^^^^^^^ Hasn't read the Constitution ^^^^^^^^^***

2

Oct 24, 2024, 7:41 PM [ in reply to Re: The ultimate ]
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Revenue for what? Peoples student loans?***

2

Oct 24, 2024, 7:58 PM [ in reply to Re: The ultimate ]
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A billion $/year in defense?***


Oct 24, 2024, 9:48 PM
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You should probably sit this one out.***


Oct 25, 2024, 1:34 AM [ in reply to Revenue for what? Peoples student loans?*** ]
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Re: The ultimate


Oct 24, 2024, 9:42 PM [ in reply to Re: The ultimate ]
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Cost cutting makes the prospect of eliminating the income tax as something worth serious study.

The federal bureaucracy and their extraordinarily wasteful (usually counter productive) grants are the main target to save enormous sums.

Sales taxes on exports could be part of the program; drill baby drill offers the prospect for stupendously large exports of the world’s lowest cost natural gas. Even after levying a sales tax for exports of LNG, American LNG would still represent the valuable combination of low cost + politically reliable supply.

Corporate income taxes may end up being left in place. Doing so would allow the government to wield a ‘threat stick’ against businesses that the govt (Democrats and Republicans) wants to coerce. (I’m Not saying that this would be good.)

The first two are easy to identify components to render the elimination of the personal income tax as being potentially feasible.

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Re: The ultimate

1

Oct 24, 2024, 9:49 PM [ in reply to Re: The ultimate ]
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It’s pretty simple. We can “make up the revenue somewhere” as you suggest if we can cut spending! Responsible citizens cut spending to avoid digging deeper into debt. Seems the govt could do the same. The problem is no one in govt has the will.

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Re: The ultimate

1

Oct 24, 2024, 7:57 PM
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Chuck Tom dumber than we thought.

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Re: The ultimate

2

Oct 24, 2024, 9:20 PM
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Good rebuttal Kamala

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The ultimate dotard.

1

Oct 24, 2024, 10:25 PM
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From the article: “A challenge for raising revenue from tariffs is that placing a tax on imports tends to cut the amount of trade — and therefore reduce the amount of revenue collected from tariffs. “

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Re: The ultimate

1

Oct 24, 2024, 11:25 PM
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When you're the biggest player on the field its okay to throw your weight around.

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Explain to us like we're 6 how a president can cut all taxes.***


Oct 25, 2024, 7:45 AM
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[Catahoula] used to be almost solely a PnR rascal, but now has adopted shidpoasting with a passion. -bengaline

You are the meme master. - RPMcMurphy®

Trump is not a phony. - RememberTheDanny


Replies: 13
| visibility 962
General Boards - Politics
add New Topic