US Debt Crisis.
Forums › General Discussion › US Debt Crisis.-
Treasury running out of cash?! What to do?!
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Borrow from the French and Germans like the greek?
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bazboffer wrote:
Get more printed from the FED? Reduce the % of debt on the newly created money. But that would mean the ones who own the FED would have to agree to give your country money with less debt attached. How the FED can be a private corporation blows my mind.Treasury running out of cash?! What to do?!
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Oceans 14: Let's Get International
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Great Depression Part 2
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bazboffer wrote:
We should have raise taxes the economy was great during high taxes now with lower taxes the economy crashed.Treasury running out of cash?! What to do?!
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No you raise taxes when the economy is booming and you lower taxes when the Eco goes bust watch raise taxes
And now it will only slow economic growth -
Now is not the time to raise taxes or cut spending. Debt sucks, but the government taking money away from people (either by raising taxes or cutting spending) will kill the economy. We shouldn't have (and continue to) spent so much money on pointless wars. We had a surpluss 10 years ago, now huge debt. End all the wars and spend that money here. Wait to raise taxes till the economy gets better.
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Obamas raising taxes on millionares and billionaires
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Kozy wrote:
If they print more money the us dollars wealth will plummet and once again... Bad economybazboffer wrote:
Get more printed from the FED? Reduce the % of debt on the newly created money. But that would mean the ones who own the FED would have to agree to give your country money with less debt attached. How the FED can be a private corporation blows my mind.Treasury running out of cash?! What to do?!
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carl johnson wrote:
R u a millionaire/billionaire?Obamas raising taxes on millionares and billionaires
If not, then why care. -
Tony10Thumbs wrote:
America pretty much needs to stop sticking its nose into other countries business.Now is not the time to raise taxes or cut spending. Debt sucks, but the government taking money away from people (either by raising taxes or cutting spending) will kill the economy. We shouldn't have (and continue to) spent so much money on pointless wars. We had a surpluss 10 years ago, now huge debt. End all the wars and spend that money here. Wait to raise taxes till the economy gets better.
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carl johnson wrote:
Yeah, that's bullshit. Every should be taxed the same.Obamas raising taxes on millionares and billionaires
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BlindLuck🔫🌊🗻 wrote:
Then some people wouldhave less than zero income, including soldiers and many other people. Hell, if they all had the tax a doctor gets, they wouldbe in debt for most of their life after a year. Tax cant be all the same.carl johnson wrote:
Yeah, that's bullshit. Every should be taxed the same.Obamas raising taxes on millionares and billionaires
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=3:)8( wrote:
Look up? I think the point just flew over head.carl johnson wrote:
R u a millionaire/billionaire?Obamas raising taxes on millionares and billionaires
If not, then why care.Too busy with the double teabag issue I guess 😜
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BlindLuck🔫🌊🗻 wrote:
Except the millionaires have the money to spend on taxes.carl johnson wrote:
Yeah, that's bullshit. Every should be taxed the same.Obamas raising taxes on millionares and billionaires
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BlindLuck🔫🌊🗻 wrote:
Why? After a few billion WTF do you need more money for as a private individual. The ones at the top should be taxed more then the ones at the bottom. Otherwise shit will never change. Everyone in the world could have fresh drinking water if these rich assholes tossed out 5 billion. But they wouldn't make money off it. It's all about greed and power.carl johnson wrote:
Yeah, that's bullshit. Every should be taxed the same.Obamas raising taxes on millionares and billionaires
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Turav wrote:
Except the millionaires who have the money for taxes will make it up by not spending money to buy don points and employing people like you to clean their toilets. You then wont have money for don points. Nick can't make his car payments cause no one is buying don points. Then nick doesn't need someone to wax his car because the bank reposessed it. Then the guy that waxes his car can't buy don points. Then nick has even less money and can't keep the tw servers going....BlindLuck🔫🌊🗻 wrote:
Except the millionaires have the money to spend on taxes.carl johnson wrote:
Yeah, that's bullshit. Every should be taxed the same.Obamas raising taxes on millionares and billionaires
See where this is headed? End result, no one has a job and the rich are still rich. Government can't tax only one "class" and not effect all the rest.
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Except the millionaires who have the money for taxes will make it up by not spending money to buy don points and employing people like you to clean their toilets. You then wont have money for don points. Nick can't make his car payments cause no one is buying don points. Then nick doesn't need someone to wax his car because the bank reposessed it. Then the guy that waxes his car can't buy don points. Then nick has even less money and can't keep the tw servers going....
See where this is headed? End result, no one has a job and the rich are still rich. Government can't tax only one "class" and not effect all the rest.
😹😹😹 i dont necessarily agree, but too funny -
Kozy wrote:
If the rich guys tossed out 5B each, America would still be in deep crap.BlindLuck🔫🌊🗻 wrote:
Why? After a few billion WTF do you need more money for as a private individual. The ones at the top should be taxed more then the ones at the bottom. Otherwise shit will never change. Everyone in the world could have fresh drinking water if these rich assholes tossed out 5 billion. But they wouldn't make money off it. It's all about greed and power.carl johnson wrote:
Yeah, that's bullshit. Every should be taxed the same.Obamas raising taxes on millionares and billionaires
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You may have a million dollars, but you are still not a millionaire. You have to have two houses and a million dollars left after tax and expenses to qualify as a millionaire.
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Turav wrote:
If you overtax the rich they just move out, Bono doesn't reside in Ireland for tax reasons, Lewis hamilto lives in Monaco so he doesn't have to pay UK tax....BlindLuck🔫🌊🗻 wrote:
Except the millionaires have the money to spend on taxes.carl johnson wrote:
Yeah, that's bullshit. Every should be taxed the same.Obamas raising taxes on millionares and billionaires
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Define "rich guy"? Is "rich" millions? Billions? 500,000s? Etc. Currently, there are no trillionaires. And anyways, "rich guys" get taxed in a way. Example, sales tax. If they buy more, they pay more. If they have a bigger car, they pay more money for more gas. Private jets cost more money than a normal plane.
Overall, although the "rich guys" have more, they also spend more. (I don't know anyone who has a billion dollars that lives in a small, one story apartment as a main house)
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=3:)8( wrote:
Works good until we get attacked. Which was the cause of your "pointless" wars in the first placeTony10Thumbs wrote:
America pretty much needs to stop sticking its nose into other countries business.Now is not the time to raise taxes or cut spending. Debt sucks, but the government taking money away from people (either by raising taxes or cutting spending) will kill the economy. We shouldn't have (and continue to) spent so much money on pointless wars. We had a surpluss 10 years ago, now huge debt. End all the wars and spend that money here. Wait to raise taxes till the economy gets better.
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For taxes the solution has always been easy. Create a flat un avoidable tax of 20% for muons that makes more than 35k a year. Lower class wont have to worry about it. And with no deductions or loopholes we would have nore cash coming in than ever
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And don't assume that all "rich guys" got there by siphoning money from "lower classes", as someone up there put it. There is a such thing as a "hard working person". Example: Larry Page and Sergey Brin(founders of google) started google by salvaging abandoned computers in the harbors. Look at them now. Of course, the greedy ones generally DO take money from people, BUT they don't last long. Example: The phone hacking scandal in UK.
Do not assume I want the "lower classes" to be taxed. But let it be known to the immature 12 year olds responding to this, not all "rich guys" or business men are corrupt, like they are in TV.
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ßelial wrote:
That'd be a good idea. But the stereotype that all business men are corrupt is wrong. But that politicians are corrupt, yes that's true most of the time,even I have to admit that. The people making the laws, approving them, etc are obviously not going to agree to anything of the sort. They are "rich guys" as well. So you are probably never going to see that.For taxes the solution has always been easy. Create a flat un avoidable tax of 20% for muons that makes more than 35k a year. Lower class wont have to worry about it. And with no deductions or loopholes we would have nore cash coming in than ever
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This thread has more stupid than I can even start responding to.
Time Magazine Special Report: "What kids on TurfWars think about serious economic issues, and their recipes for recovery."
Next you guys should tackle that world hunger thing, and like disease and wars, too.
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http://www.dailymail.co.uk/news/article-1081624/Goldman-Sachs-ready-hand-7BILLION-salary-bonus-package--6bn-bail-out.html
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Brown🎵Note wrote:
Untwist your bloomers, Grandma.This thread has more stupid than I can even start responding to.
Time Magazine Special Report: "What kids on TurfWars think about serious economic issues, and their recipes for recovery."
Next you guys should tackle that world hunger thing, and like disease and wars, too.
How about getting into bed, then getting out of the right side, this time.
1/10, some effort next time, please. -
bazboffer wrote:
😝 That's GRANDPA, you insolent pup!Brown🎵Note wrote:
Untwist your bloomers, Grandma.This thread has more stupid than I can even start responding to.
Time Magazine Special Report: "What kids on TurfWars think about serious economic issues, and their recipes for recovery."
Next you guys should tackle that world hunger thing, and like disease and wars, too.
How about getting into bed, then getting out of the right side, this time.
1/10, some effort next time, please.
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