Politics
Politics
Out of context: Reply #28811
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- PhanLo1
How can any working class American that voted for Trump defend this?
- $10 TRILLION added to the US debt in the past 9 years. $20 TRILLION, in the past two presidencies.IRNlun6
- How exactly has the middle/lower classes benefited from all that added debt?IRNlun6
- Government doesn't borrow to allow millionaires to keep more of the money they themselves earned. Government borrows because it overextends on its expenditures.IRNlun6
- The only people who seem to benefit from it are the multi-billionaires. Year after year.PhanLo
- It borrows because of a loss of revenue due to tax cuts to the wealthiest and corporations.formed
- To pay off debt government has already incurred.IRNlun6
- I'd be more inclined to support government programs if they weren't consistently over budget and such a shit return on our tax investments.IRNlun6
- Our debt is so large it's almost unbelievable when put into perspective. All those sweet programs they promise? Could have been paid for 10 times over by now.IRNlun6
- don't worry, when the shit hits the fan again and it will soon they will just print more money and you will pay it back for themfadein11
- govs borrow & go into debt to pay for things like roads, schools, military etc while rich people avoid paying their taxes. also, some benefit when debt paidlowimpakt
- IRNlun6 you make no sense at all. All of that spending the government does is mandated by law.yuekit
- If you don't like it, then the right approach would be to cut the spending. Not give tax breaks to billionaires with money we don't have.yuekit
- Keep in mind that when your hero Trump gives a billionaire a tax cut or repeals the estate tax without paying for it, that money gets added to the debtyuekit
- which is owed equally by everyone. It's a backhand way of redistributing money from the middle class to the rich.yuekit
- Yes, spending cuts is one way to offset, but also a better economy means more taxable income.IRNlun6
- The Reps plan drops the corporate tax rate comparable to Ireland. That's very appealing to businesses when the largest market in the world has a lower tax rate.IRNlun6
- Again, I'd be for these programs if they didn't have a history of over spending and shit results.IRNlun6
- Our infrastructure is crumbling. We have the best, most unaffordable health care out there. Military everywhere, threats galore. War on Drugs...IRNlun6
- what is the break even point between the current tax rate and newer one? how much new economic activity is required to keep up with spending?dorf
- placing faith in corporations that only answer to their shareholders is not a good strategy.dorf
- corporations, as untrustworthy and shitty as they can be, have financially more to lose. too far into debt and business is over.IRNlun6
- US government will just keeping printing money, until it potentially collapses the global economy again.IRNlun6
- all I know is that trans people and Mexicans are to blame.inteliboy
- oh, and Eminem.inteliboy
- lol. Taco Trucks on every corner baby.sofakingback
- How do the poorest Americans support a president thats literally taking healthcare and money away from them and putting it into his pockets. Amazing, incrediblesofakingback
- Mexico has had this problem for years, their presidents have done this over and over again. Get ready, this country is well on its way to being on that level.sofakingback
- How fitting, Americans will understand Mexicos issues first hand and they are building the wall that will keep them locked insofakingback
- https://www.youtube.…sofakingback
- A better economy means more taxable income up to a certain point but corps are already bringing in record profits.yuekit
- That also doesn't justify cutting billionaires income tax or doing away with the inheritance tax which is a shameless giveaway to the ultra rich.yuekit
- 50% of the savings in this tax bill are going to the top 1% of taxpayers.
http://www.latimes.c…yuekit - And for that, it will add trillions to the debt which is owed by you, me and every other citizen. You think that's a good trade off?yuekit
- Our massive debt is a relatively new trend. Early 80s, pushing the debt to $500 billion was considered outrageous.IRNlun6
- Debt reduction also needs to play a part in bringing that down.IRNlun6
- These tax cuts would initially reduce revenue, but at least in theory it gets redirected back into the market.IRNlun6
- I'm indifferent to the inheritance tax. It makes up 1-2% of revenue, which is still a good amount, but its certainly not a giveaway to let them keep their moneyIRNlun6
- No they will permanently reduce revenue. Cutting taxes is not going to magically result in cutting spending or balancing the budget somehow.yuekit
- The estimates of the cost already take into account the projected economic growth due to tax cuts.yuekit
- It's not a giveaway to give the ultra rich billions in savings? I guess by that logic nothing is a giveaway...but then it begs the question, why not give theyuekit
- benefits to people who could actually use them, such as the poor or the lower middle class? Instead of deficit spending to give HALF the benefits to 1% of theyuekit
- population?? That seems slightly insane at a time when you are already $20 trillion in debt.yuekit
- Capitalism has been the #1 economic driver of increased wealth and decreased poverty around the world, not a belief in a charitable government.IRNlun6
- And I say belief because that is the subtext when it's argued that a wasteful government can better manage other peoples money, for the benefit of the public.IRNlun6
- There's got to be a balance. The massive debt we've incurred with little to no benefit to the general public is evidence enough that something is very wrong.IRNlun6
- Although neither party has been serious about reducing debt. Especially when it comes to proposing universal healthcare/free college/ + military spending.IRNlun6
- I think you’re generalizing too much. What kind of capitalism? Historically the best results have some from a mix of market economy and social investment.yuekit
- Under pure unregulated capitalism, too much money gets aggregated into the hands of too few people. It actually creates a less productive economy.yuekit
- Regardless none of this is a defense of the Republican bill, which engages in deficit spending to give half the benefit to the richest 1%.yuekit
- All of this is supremely ironic considering Trump was supposed to be some kind of populist. But his main policy, maybe his only real policy, is to allow theyuekit
- Ivanka Trumps and Paris Hilltons of the world to inherit more money.yuekit