To: GonzoII
Why is everyone celebrating? These tax cuts don't go far enough. The spending on leftist big government programs and departments will continue. Any benefits from these cuts will get eaten up by the spending. That's what happened during the Reagan years and the Bush II years. I can understand the Reagan years, as he had to work with a Rat Congress.
I've talked to economists and a pure flat income tax of 10%-15% would bring in over $4 trillion dollars in revenue. The compliance costs would automatically disappear. It would force the 45% of people who don't pay any taxes to join the workforce.
Had I been in Congress while this was passed, yes I would have voted for it but I would have definitely included a voting statement along with it. We need tax reform. Pure flat income tax for everyone until the 16th can be repealed and then the federal government can be funded by excise taxes and tariffs like it used to be.
13 posted on
12/23/2017 7:03:29 PM PST by
Extremely Extreme Extremist
(10% pure, flat income tax for everyone. No deductions, credits, or loopholes.)
To: Extremely Extreme Extremist
I've talked to economists and a pure flat income tax of 10%-15% would bring in over $4 trillion dollars in revenue. Personal income is $13T, so a 10-15% flat tax would bring in 1.3 to 2T. Unless you are planning to double tax some of that income.
38 posted on
12/23/2017 9:00:11 PM PST by
palmer
(...if we do not have strong families and strong values, then we will be weak and we will not survive)
To: Extremely Extreme Extremist; All
Its a step in the right direction. Would you have preferred Trump do nothing? Hes up against Congress. Once the tide begins to turn, I predict further tax AND spending cuts through federal downsizing and departments being eliminated.
Trump is a billionaire businessman and is determined to run the government like a business. Hes only one guy negotiating with 535 politicians.
40 posted on
12/23/2017 10:06:26 PM PST by
Cobra64
(Common sense isn't common any more.)
To: Extremely Extreme Extremist
Stay away frkm sharp objects.
44 posted on
12/24/2017 5:50:57 AM PST by
Basket_of_Deplorables
(SEDITION! Obama DOJ colluded to try overthrow the President!)
To: Extremely Extreme Extremist
Why is everyone celebrating? These tax cuts don’t go far enough.
Give it a break, please!
It is never enough with some. So it is not as much as you want so we should all walk around sad face.
Please, just allow us a few moments to savor the victory we have....
46 posted on
12/24/2017 7:59:39 AM PST by
CIB-173RDABN
(US out of the UN, UN out of the US)
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