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4D Chess: Trump Nukes Dems with Executive Orders, Leaves Biden ‘Stuck Between a Rock and a Hard Basement’
Red State ^
| 08/08/2020
| Nick Arama
Posted on 08/08/2020 8:52:38 PM PDT by SeekAndFind
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To: Dr. Sivana
"If the cuts are permanent, how do we fund the 1/2 of SocSec that comes from workers incomes?"
Do you
REALLY BELIEVE that it'll be PERMANENT ?
It's not about Social Security.
It's about
TEACHING the American Citizen Worker just how much of their earnings are taxed . When they see
that income in their pay checks and get to spend that additional
12.4% (TWELVE POINT FOUR PERCENT), they'll be very upset with the DemocRATS for taxing them too much.
Do you think the DemocRATS will ever hear the end of it from their voters, once that temporary tax relief hits their wallets and they spend some of it ?
Now as for
funding Social Security, don't you know that it all goes into the General Revenue ?
When the short-fall comes in Social Security, the government will fund it like they fund everything today.
They just print more money out of thin air.
The only people buying U.S. Treasury bills, notes, and bonds today is the U.S. government; hence they're printing money out of thin air.
41
posted on
08/09/2020 8:13:03 AM PDT
by
Yosemitest
(It's SIMPLE ! ... Fight, ... or Die !)
To: eyedigress
"Everything is paid through the velocity of the dollar."
Not really.
Read
comment #41
42
posted on
08/09/2020 8:15:49 AM PDT
by
Yosemitest
(It's SIMPLE ! ... Fight, ... or Die !)
To: Yosemitest
You must address how many times one dollar goes through the system.
Start with the one dollar in your pocket.
Now tell me how many times that dollar gets taxed after you spent it.
Kinda tough huh? It’s a tough calculation but estimates are around 1.90.
43
posted on
08/09/2020 8:30:42 AM PDT
by
eyedigress
(Joe, put your mask on!)
To: Yosemitest
Keep in mind the answer from government is to flood the market with money.
They want the currency to change hands faster as to speed up taxation on that dollar.
Velocity.
44
posted on
08/09/2020 8:36:32 AM PDT
by
eyedigress
(Joe, put your mask on!)
The President was getting it done through USA productivity.
China gave us the Kung-Flu and knocked it out. (Velocity)
The President is going to help out by pushing more money into the USA by giving people money which will bring the Treasury a 2 for 1 return when all is said and done.
Inflation is the big ass risk.
45
posted on
08/09/2020 8:52:04 AM PDT
by
eyedigress
(Joe, put your mask on!)
To: rintintin
Why would it be seen that way? It puts MORE money in our pockets, and it’s the best raise we’ve gotten in a while. Besides, we are being taxed twice as it is.
46
posted on
08/09/2020 9:20:10 AM PDT
by
Wiser now
(Socialism does not eliminate poverty, it guarantees it.)
To: eyedigress
Those estimations are vague at best.
But they do not address
The True Size Of The US National Debt, Including Unfunded Liabilities, ... and you must look at TODAY'S NUMBERS on the
U.S. Debt Clock.
So your theorized point is useless.
Whether you want to admit it or not, WE'RE BROKE as a nation.
No matter how many times that dollar spent is taxed again, if we as a government are spending more than we're taking in, we're broke.
And do you think the DemocRATS or the ESTABLISHMENT REPUBLICANS give a damn ?
All they're interested in is making President Trump look bad. The DemocRATS and the ESTABLISHMENT REPUBLICANS have the same plan financially.
They want to break the government through spending into 'Planned Destruction'.
It's a very old COMMUNIST PLAN to destroy the United States.
47
posted on
08/10/2020 12:21:55 AM PDT
by
Yosemitest
(It's SIMPLE ! ... Fight, ... or Die !)
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