Big reason why one should never trust a billionaire. They do not pay taxes, they don't care about the taxes that help people, they only care about their money. Because money is their only value.
@SunshineGirl Speaking of the rich, notice how Trump is setting up a two-tiered visa scheme - if you're rich, roll out the red/gold carpet with no barriers to 'free' entry. If you're not rich, you have to pay to enter the USA and possibly also pay a pretty much non-refundable bond.
@Patriot96 My household is not a democracy either. We do however value the democratic principles of equality, accountability, transparency and participation.
Those people are usually missing the point of society in general. Selfishness is part of human nature, but if it wasn't curbed, we'd all have been eaten by predators thousands of years ago.
@EBSVC One monkey standing watch for leopards for the rest of the band can let the rest sleep though.
Scale that up, and you get team hunting, agriculture, and before you know it, paying taxes to a government that's supposed to promote the general welfare and a common defense.
Kinda like breaking somebody's leg and then offering them free crutches! It's always with the very best intent and for the most noble cause... When did they ever raise taxes to harm the poor? Yet the poor remain poor and the rich get richer. Funny that, eh??
It's not because of taxes, though the cynical Republican mishandling of taxes as bludgeons against the poor & middle classes has been alarming for years, @GerOttman
Americans have proven to be the most generous people. We dont need govt or dishonest ngos to handle our money. When govt gets involved money is wasted and filtered to scam operations with no accountability. Look at the last administration under Pedo Pete
@dancingtongue There is nothing rational about federal agencies laundering money and funding programs without oversight. Some of the people were responsible and needed to leave public service. Accountability is critical when working with public funds.
@nudistsueaz Use a scalpel on the culprits; not a buzz saw to eliminate hundreds and then find you need to replace them after you have made it a toxic & insecure workplace that no longer is high on qualified people's job search list.
Depends on the tax. Probably the most important taxes are local property taxes. They pay for police, fire departments, education, road maintenance, all the items we see value in. Usually state sales taxes pay for legitimate government as well as other forms of infrastructure. (Although state income taxes usually mean a HIGH volume of welfare bums.)
As far as the federal Income Tax, what you are paying for is the WELFARE CHECKS that went to people before you were born. That's because the welfare state is run mostly on BORROWED money. The federal budget is 70 percent welfare.
The liberals here who are on welfare are getting their checks, food stamps, etc paid for by people who have not been born yet and will be stuck with 90 percent income taxes.
You're right that local property taxes are incredibly important. They're the backbone for essential community services like our police and fire departments, maintaining roads, and funding local education - things that we all rely on and value directly in our neighbourhoods. Similarly, state sales taxes often support legitimate government functions and a variety of infrastructure projects that benefit everyone in the state. Good!
Now, let's address the more… creative aspects of your analysis.
The notion that "the federal budget is 70 percent welfare" isn't just inaccurate; its hilarious misinformation. I almost admire your audacity. In reality, massive portions of the federal budget are allocated to Social Security and Medicare - programs people actually pay into their entire working lives, not some endless "welfare check" ATM. Then there's national defense (you know, keeping your country safe, apparently less important than your imaginary welfare tsunami) and interest on the national debt. The programs you’re likely lumping into "welfare" are a mere rounding error in the grand scheme of things. Your 70% figure isn't just wrong; it's so spectacularly off, it belongs in a parody.
And finally, the crowning jewel of your fiscal philosophy: "liberals on welfare are getting their checks... paid for by people who have not been born yet."
Sad.
Current taxes fund current expenditures, plain and simple. Blaming "liberals" (as if poverty is a partisan issue) and conjuring phantom future taxpayers burdened with "90 percent income taxes" isn't an argument; it's a desperate attempt at fear-mongering wrapped in a tinfoil hat. (Although hopefully a future Democrat government WILL introduce a 90% top rate for anyone worth more than $100 million.)
Perhaps try engaging with actual facts rather than resorting to such transparently ridiculous, fear-mongering drivel. MAGA!
@wishforthenight The notion that "the federal budget is 70 percent welfare" isn't just inaccurate; its hilarious misinformation. I almost admire your audacity. In reality, massive portions of the federal budget are allocated to Social Security and Medicare - programs people actually pay into their entire working lives, not some endless "welfare check" ATM. Then
To bring your inferior blue state uneducated mind up to speed, federal spending comes in two forms: Entitlements and Discretionary Spending.
Entitlements are transfer payments. Money taken from those who produced and borrowed against the taxes of those who haven't been born yet. Discretionary spending is where the taxpayers get value for their hard earned money: military, government salaries, roads, bridges, police, etc.
That's the first thing a responsible college will teach you in MacroEconomics. (Yeah, I know. You liberals are as afraid of Economics as you are job applications.)
To FURTHER bring your small mind up to speed, the ORIGINAL administrators of Social Security argued before the Supreme Court that it was a WELFARE program, paid for by Congress's ability to tax.
Social Security is not an insurance program at all. It is simply a payroll tax on one side and a welfare program on the other. Your Social Security benefits are always subject to the whim of 535 politicians in Washington.
The Court’s decision was not surprising. In an earlier case, Helvering v. Davis (1937), the Court had ruled that Social Security was not a contributory insurance program, saying, “The proceeds of both the employee and employer taxes are to be paid into the Treasury like any other internal revenue generally, and are not earmarked in any way.”
In other words, Social Security is not an insurance program at all. It is simply a payroll tax on one side and a welfare program on the other. Your Social Security benefits are always subject to the whim of 535 politicians in Washington.
The last time the federal budget was balanced was in 1969, during the Vietnam War. Defense was the largest item on the budget. It was Richard Nixon who signed the Budget and Impoundment Control Act Of 1974, which created baseline budgetting. It put entitlements on automatic increase for each year. And that is why WELFARE is 70 percent of the federal budget.
In MacroEconomics class, one day our professor laid this depressing scenario on is. It is from the Kerrey/Danforth report.
If nothing is done about deficit spending, in the year 2030, the ENTIRE budget will be just INTEREST on Social Security debt. Nothing else. No military, no welfare, no government. And income taxes will be at 90 percent.
@wishforthenight Speaking of actual facts, (and I'm pretty sure by now that you far left wingers are physically allergic to facts) the FIRST Social Security recipient was Ida Mae Fuller.
When Social Security was first legislated, Fuller wound up paying a whopping $24.75 into the program before retiring.
She collected $22,888.92 in Social Security benefits. If you somehow think Social Security is an INSURANCE program, you are high on meth. I used to sell life insurance, which means I used to sell annuities. If a private insurance company ran its accounting like the federal government, it would be shut down by the federal government.
Entitlements (Social Security, Medicare, Medicaid, food stamps, AFDC, Section 8 housing, etc) are entitlements. Another name for that is WELFARE.
And right now, thanks to PEDO HITLER
there are 10 million ILLEGAL ALIENS, all allowed easy access across our borders and ALL ON WELFARE and registered DemoKKKrat.