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To: RandFan

Another “middle class tax cut” has been part of Trump’s platform for months. This isn’t new. He has not released any plan. Personally, I think this is the ugly side of populism. Telling the majority you are going to stick it those who are doing better than them. We already have 45% of Americans paying no Federal Income Tax, and a significant number of them actually GET money, thanks to EITC, CTC, etc. Are we going for 50%? 55%?

How about we start cutting spending?


16 posted on 10/26/2020 11:42:29 PM PDT by ETCM
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To: ETCM
We already have 45% of Americans paying no Federal Income Tax, and a significant number of them actually GET money, thanks to EITC, CTC, etc. Are we going for 50%? 55%?

The only way we're ever going to get control of this monster is to move the cutoff where people pay no taxes lower. As it is now the bottom 45% vote almost exclusively democrat because they're on the public dole and they know democrats will increase that. Once you've got 50% of the population on the dole it'll be impossible to ever elect a conservative again, half the people will be voting for their own pay raise.

As much disdain as I have for the northern european socialist model, at least those countries have a more balanced taxation system where almost everyone has some skin in the game. The U.S. tax system is hugely progressive which results in half the population living off the other half. That can't continue.

19 posted on 10/27/2020 12:35:39 AM PDT by GaryCrow
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To: ETCM
We already have 45% of Americans paying no Federal Income Tax, and a significant number of them actually GET money

Everyone needs to contribute something to the tax base. This is where a flat tax is most fair. Meanwhile--cut spending. Bigly.

30 posted on 10/27/2020 4:52:40 AM PDT by NautiNurse (The press handling Joe Biden is "like watching someone make sure a 3 year old wins Candyland.")
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