US Credit Rating just cut.
- Thread starter PocketAces
- Start date
- Feb 26, 2001
- 13,593
- 164
- 63
Legalize prostitution, marijuana, gambling and stop spending money, problem solvedopcorn2
So you got divorced and now you want to make hookers legal. :mj07: :mj07: :mj07: :mj07:
I actually agree with all this but you still need to tax the elites. That will only pay down the debt faster and they have gotten a free ride for awhile on the lower tax rates that Bush installed years ago.
This is an unprecedented event in U.S. history-- The effects of this will be far reaching.
Our countries 1st official step backwards in history. :nooo:
Our countries 1st official step backwards in history. :nooo:
pretty simple....could have been stopped in it`s tracks......s&p said before the fact,cut 4 trillion..."some folks" don`t believe in cutting spending....so the most they would agree to was a little over 1 trill...with 70% of that not taking effect until 2017..:lol: ....
the math doesn`t work when a country is closing in on a 100% debt/gdp ratio....
if you`re in debt yourself...or need a loan...or have credit card balances...my sincerest condolences...:sadwave:
the math doesn`t work when a country is closing in on a 100% debt/gdp ratio....
if you`re in debt yourself...or need a loan...or have credit card balances...my sincerest condolences...:sadwave:
Hopefully our next prez....
Hopefully our next prez....
"If debt is the problem, how is more debt the solution?"
- Ron Paul
Hopefully our next prez....
"If debt is the problem, how is more debt the solution?"
- Ron Paul
do not raise taxes thats not the solution. Cut spending is the solution. Start drug testing all these welfare people and cut there benefits or whatever you call them if they fail a drug test. Stop giving money to all these countries that we are helping out.
- Feb 26, 2001
- 13,593
- 164
- 63
Ok genius. Show me how to cut 14.3 trillion without raises taxes. I'm very interested in your plan.
You won't much of a dent without raising taxes.
Do you want to pay more taxes? I sure dont. We are already getting taxed out the ass we dont need more taxes. Whats the solution i dont know i guess our great politicians that some of us elected can figure it out or maybe they cant.
Numbers don't appear to add up. I agree entitlement reform is in order, but that's only part of it. I wish more Americans were willing to cross their party line, but we've unfortunately been brainwashed by one side or the other. i do not feel that black or white solutions will accomplish anything in a world made up of shades of gray.
I saw this comment on a business site.
It?s all fun and games until they run out of other peoples money. When the government confiscates all that money then what? Killing the goose that laid the golden egg parable seems fitting here? The problem with theses guys is they think taking peoples money to redistribute is somehow moral.
It?s all fun and games until they run out of other peoples money. When the government confiscates all that money then what? Killing the goose that laid the golden egg parable seems fitting here? The problem with theses guys is they think taking peoples money to redistribute is somehow moral.
cut spending, flat tax and legalize prostitution, internet gambling and marijuana:SIB
Hell I dont know how to fix it, I was just saying legalize everything tongue in cheek, start with voting O out of office next November:shrug:
Hell I dont know how to fix it, I was just saying legalize everything tongue in cheek, start with voting O out of office next November:shrug:
you sir will be getting a green box from me for this comment, dead on my friend...
Cut to the chase on cuts ?
IRS: Not enough rich to cover the deficit
August 5, 2011 by Don Surber
Soak the rich, eh?
They do not have the money.
A report from the Internal Revenue Service found that the rich ? 8,274 people with incomes of $10 million per year or more ? earned a total of $240 billion in 2009.
Even of you confiscated every dime they earned, you would barely have enough money to cover government spending for 24 days.
Of course, about a quarter of that money already goes to the federal government for federal income. So make that 18 days.
Another 227,000 people earned $1 million or more in 2009.
Millionaires averaged taxes of 24.4% of their income ? up from 23.1% in 2008.
They, too, did not earn enough money to come anywhere close to covering the annual deficits that are $1.5 trillion a year.
Barack Obama was the first president to sign a budget with a $1 trillion deficit into law.
In fact, all the taxpayers ? including the ones who get a refund check bigger than the withholding taxes they paid ? have the money.
From Reuters: ?Total adjusted gross income reported on tax returns, measured in 2009 dollars, was $7.626 trillion, down from $8.233 trillion in 2008 and $8.989 trillion in 2007. Total adjusted gross income was up only slightly from the $7.475 trillion reported in 2001, when there were 10 million fewer taxpayers. Adjusted gross income is the amount on the last line of the front page of a Form 1040 tax return.?
Individual tax collections totaled $1,175,422,000,000 in 2009 ? or 15.4% of all income.
Doubling federal income taxes for everyone would still leave us $400 billion or so shy of balancing the budget.
We must cut. We cannot afford to buy everything we want.
