We never had to do tariffs to alleviate our debt.
All we had to do was tax the rich and corporations more to service our debt to acceptable levels.
We never had to do tariffs to alleviate our debt.
All we had to do was tax the rich and corporations more to service our debt to acceptable levels.
Yes, but instead you voted for an idiot.
Enjoy the ride.
tax the rich
So each person could get a one time check for like $4000 or some shit?
Also it wouldn't put a fucking dent in the debt/deficit.
Why do you brainless socialists unironically think this is a solution?
also learn what the laffer curve is, idiot
It's not a taxation problem. It's a collection problem. We could tax them a 100% and they'd still find ways to avoid.
Not sure where you got the idea to cut checks to people in a discussion about tax revenue.
And generally yes, taxes are a solution to paying down government debt.
You can't tax the rich and corporations when they rule America and dictate the laws.
It hurts because it is the truth
service our debt to acceptable levels
That isn't possible! No cost-cutting, taxes, or other money making methods are enough to adequately address our debt at this point. It's too big! You're pissing into the ocean!
Our debt can realistically only be ignored or wiped clean by politicians at this point, stop pretending that it is at all conceivable that we can "pay it off"!
TAX THE BOOMERS
Not sure where you got the idea to cut checks to people in a discussion about tax revenue.
because it's what leftists think would happen in their minds
taxes are a solution to paying down government debt.
Why not just abolish it? Taxation and government debt that is.
We could tax them a 100% and they'd still find ways to avoid.
Then close loopholes.
You can't tax the rich and corporations when they rule America and dictate the laws.
This is exactly why I want to neck myself every day. You are perfectly correct. Our government is completely owned by the rich and corporations.
Why not just abolish it? Taxation and government debt that is.
Yay for absolute corporate slavery!
keeping your own money and allowing businesses to increase economic output so your real wages go up is "le slavery"
Why can't you people just be honest and admit you hate freedom?
Then close loopholes.
Okay, lets just get rid of billionaires.
Oh wait literally NOTHING changed and we still owe trillions of dollars. WHOOPS!
Imagine simping for rich people while you work you $15/hour Mc job at wagie-mart. Pathetic.
but I dont?
you simp for the government that forces people to be this poor
then you seethe when I point out the fact that liquidating the rich literally wont do shit
you bootlickers WANT to be poor
I just don't get when exactly Americans are taking about when they say Make America Great Again; what time period do they want to go back to? I thought it was like the 50s and 60s, but most Americans seem upset if you suggest changung taxes to resemble those eras. Top tax brackets were taxed like 91% in the 60s compared to the 35% now. The country has let billionaires run away with their money.
Yea at this point the united states should just become a communist country were people have no incentive to work
There was an article in Times back in the 60s I think about the "new rich," how America had now long abandoned the robber barons of old and while there were plenty of people who were VERY RICH, it was mostly those who inherited that wealth but the majority of the "new rich" were just, like, living in bigger houses and buying a couple of fishing boats (not yachts) and taking yearly trips to Europe but otherwise could still be found at the local bar drinking with their workers and sending their kids to the same school and stuff.
Autism
In 2024 the government ran a $1.8T deficit. $1.13T, 62.8%, was interest on the debt. Most of the deficit is interest. The solution seems pretty clear -- stop selling bonds to "finance" the government. Either have the Fed buy the bonds directly from the Treasury on the primary market at near-zero interest or just issue money to cover the deficits.
1993-sept 10 2001
you can include as far back as 1986 for smoking inside and pure cocaine, any farther and you run into volcker and before that hippies
>I thought it was like the 50s and 60s, but most Americans seem upset if you suggest changung taxes to resemble those eras.
I would be perfectly fine with that.
Effective tax rates on the ultra wealthy were much lower than they are now.
Taxes in general for the middle class were lower.
The market what a lot freer back then.
Oh wait what's that? You don't know the difference between marginal and effective tax rates?
Oh, you're just a fucking retard.
The rich are cheating and lying and not contributing
Then let's find solutions to make it harder for them to lie and cheat
OoOooooOoooO L-l-lefty lItErAlLy want to remove the rich !!!1!
You fucking nematode
>Then let's find solutions to make it harder for them to lie and cheat
I'm a Libertarian, I support free markets thus policies that makes it harder for them to cheat.
My point is why are you focused on this tiny issue that doesn't affect your living standards when the real problem is government intervention?
You literally fight against your economic interests.
I'm a Libertarian
Yeah stopped reading your cope there
Tax me, Daddy!
Then close loopholes.
Not really possible when the people who write the tax code are also rich and will always leave enough wiggle room for themselves. All the politicians are bought out by corpos eventually.
when the real problem is government intervention?
If the government intervened by giving poor people money, their lives would materially improve.
even if you taxed the top 1% of earners at 100%, you couldnt even pay any appreciable amount of the interset on debt
government needs to stop spending
yes tax the rich
1st you have find me then my gold you broke faggots ..kek
reddit poster
this guy is also a r e ddit poster but likely got down voted a lot so came here
Wowzers thanks for your input! Bazinga!
I got a better idea.
Tax The Chinese
So you have no argument?
Damn why do Libertarian chads always win debates?
If the government intervened by giving poor people money, their lives would materially improve.
How would printing money, devaluing the currency, undermining economic production just so a few poor people who got the money first would have a few good night's drinking benefit society long term?
even if you taxed the top 1% of earners at 100%, you couldnt even pay any appreciable amount of the interset on debt
government needs to stop spending
This is a painful truth that leftists willfully ignore because they dont actually care about helping anyone
MMT
You retards still fucking exist after you got proven wrong time and time again?
Literally go back to ledddit and simp for AOC you faggot
NOOOOO STOP BTFO ME
Reddit has the same opinions of the OP you moron
and im sure they down voted you a lot so you had to come post here instead
socialism lost and you will never be a woman