Yes I understand. It’s a regressive tax vs a progressive tax.
At 5865 on S&P from a low less than 7 weeks ago of 4985. Indexes are down less than 2% YTD. This isn’t Armageddon.
I guess someone that makes 500k doesn’t ever spend that take home pay and pays no sales tax? I’m sure they sit on it.
Can’t we all just get along?
Not if you exempt the first say 100k in income.
The two biggest areas of spending are SS and Medicare by a very large degree. You have to cut each of those aggressively to make a difference....
Revenue last year was 17% of GDP. Over the past 50 years it’s averaged 17.4% of GDP.
So your solution is to simply raise taxes on the highest earners and keep the entitlements status quo? That’s the way out of this debt?
That’s not what I said but go on Indy.
Oh I agree completely. You have to raise taxes and reduce spending. Problem is it will crush lower and middle income families which will then vote...
The Federal Government took in 4.92 trillion in revenue in 2024. The only year higher was 2022 which will be surpassed by 2025 at current pace. Do...
Kind of like the myth that if you stay 6 feet away you’ll be fine or if you get the vaccine you won’t be able to get COVID or transmit the disease?
His music is terrible. Just what I’d want to do; pay to hear awful music and during the breaks get preached to by said awful musician.
Gotta break a few eggs to make an omelette.
I don’t recall defending them. I guess because I’m a conservative by default I’m defending them. Also I guess by that logic because I’m white I'm...
There are bad people in both parties. Why is everything political? I think capital punishment or at least castration should be a default...
Another reason why an unhinged rating should be added. I don’t think anyone has “fake outrage” over kids being abused. Get over yourself.
Seems like we are headed back to that with the quickness. At least we have better powder now.
Went to Space Camp in Huntsville, AL as a kid. Was right after the movie came out. It was pretty cool from what I can remember.
99% of the investing public have no clue about Teslas business units or how it’s revenue projects out over the next 1, 3 or 5 years. Even analysts...
