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$2 Trillion Deficit

$2 Trillion Deficit

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@AverageJoe1 said
I make money, from various enterprises. Example..I collect money from a storage unit business that I have never seen, never been there. It got built, people store stuff there, each sends in $325/month for my service to them. I go play golf. You will say..."you don't EARN that money!!" Right.. Start a thread on that one!
Anyway, I have my own money. Contrary to ...[text shortened]... elaborate no further on your stupid post. Maybe sue can interpret for us.
Idiot. Take a break.
I get it that you are convinced, and that you believe your convoluted tale. But, making your money work for you is the same as you working. Because it requires thought and knowledge and experience to increase the value of that money. In the same way that an artisan uses their thought, knowledge and experience to physically create an object or solution to a problem for you. But because you put your money to work, somehow it's different and you shouldn't be taxed??

Pull the other one, it has bells on it.


@AverageJoe1 said
Goal post shift?
The point? liquid secondary markets make primary investment possible in the first place. Investors are willing to fund companies because they know they can later sell shares to someone else. Without that liquidity, raising capital harder and more expensive. That is a fact, you like to write confusing posts.

As for taxes: lower capital gains taxes are ...[text shortened]... the same stuff if there were no billionaires. Just average every day people with average incomes.
You didn't finish this point "They’re meant to encourage long-term investment, risk-taking, and capital formation" should be followed "at the expense of other economic activity". This is because when you encourage A by preferential tax treatment you are discouraging B which is taxed at higher levels. So what is discouraged by the preferential tax treatment of capital gains the vast majority of which accrues to a small minority of taxpayers?:

A) Work - this is fairly obvious; if you work you have to pay a higher percentage of your income than if you sell shares of stock. So if you're fortunate enough to have a large reserve of stock like say through inheritance, why work at all?

B) Savings at banks and similar institutions - Save at a bank and you'll earn interest which is taxed at a higher rate than capital gains. So less money goes to banks because of this. Yet as already shown, almost all funds for business purchases of capital equipment (investment in economic terms) comes from borrowing. So preferential treatment of capital gains lessens the funds available for such borrowing as well as personal borrowing for mortgages, car loans, etc. etc. etc.

C) Consumption - Absent preferential treatment of capital gains, people would spend more of their money thus boosting business activity and eventually investment.

OK, bad for the economy. But that's not all of course - every dollar of lost revenue because of the lower taxes on capital gains has to be made up in one of three ways:

1) Higher taxes - And, of course, AJ and his elite buddies won't tolerate that being on the wealthy who overwhelmingly benefit from the preferential treatment of capital gains.

2) Less government spending - Of course the elites would prefer reductions in spending that benefit the poor and working and middle classes so they can benefit from the artificially low taxes on capital gains.

3) Borrowing - again reducing the amount of funds available for business investment and personal loans. And such borrowing will have to be paid at some point in the future by later generations with ever expanding interest costs.

Sounds pretty bad, doesn't it Joe?

Liquid secondary markets can exist without preferential tax treatment just like Vegas casinos and Fan Duel do. But other folks shouldn't have to pay the price in the ways I describe above for somebody else's gambling.


@AverageJoe1 said
golly who knew that. I know of another author who had someone else write his book. I guess it happens.
Anybody who knows anything about Trump knew that.


@YEAH-BOY said
I would vote for my trashman before i vote for any scumbag repukeigan.
Zzzzzzz


@AThousandYoung said
Anybody who knows anything about Trump knew that.
Who is this YoBoy creature? Is he on this Forum?


@no1marauder said
You didn't finish this point "They’re meant to encourage long-term investment, risk-taking, and capital formation" should be followed "at the expense of other economic activity". This is because when you encourage A by preferential tax treatment you are discouraging B which is taxed at higher levels. So what is discouraged by the preferential tax treatment of capital gain ...[text shortened]... her folks shouldn't have to pay the price in the ways I describe above for somebody else's gambling.
Easy, man we are chatting at Starbucks. I’ll give you five minutes….


@AverageJoe1 said
Easy, man we are chatting at Starbucks. I’ll give you five minutes….
This isn't Fox News; I can only dumb it down so much.

Bottom line: Lower taxation for capital gains BAD!


@no1marauder said
You didn't finish this point "They’re meant to encourage long-term investment, risk-taking, and capital formation" should be followed "at the expense of other economic activity". This is because when you encourage A by preferential tax treatment you are discouraging B which is taxed at higher levels. So what is discouraged by the preferential tax treatment of capital gain ...[text shortened]... her folks shouldn't have to pay the price in the ways I describe above for somebody else's gambling.
You’re acting like investment capital just disappears into a vaultt . Capital gains incentives exist because investment creates businesses, expansion, jobs, innovation, and future tax revenue. Punishing investment harder doesn’t magically help workers. … …..follow me here,,.,,, it slows growth, reduces the taking of risk ** and shrinks the pie(s) for everyone.

** please look up ‘risk’. But don’t respond to me, tell your fellow Americans, that they might venture out!!!!!…….like a man!…. And F’n be somebody.


@no1marauder said
"Yesterday, the department headed by Scott Bessent released its latest Quarterly Refunding Documents, which communicate any changes in debt management policy, as well as financing estimates from Treasury and bond market participants. The documents also share bond issuance plans.

The presentation showed that as of April 2026, [b]the Office of Management and Budget (OMB) ...[text shortened]... have thought a gigantic tax cut and a war which blew up military spending would implode the deficit?
And don't forget the 60 million at the end of that deficit #.

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@AverageJoe1 said
You’re acting like investment capital just disappears into a vaultt . Capital gains incentives exist because investment creates businesses, expansion, jobs, innovation, and future tax revenue. Punishing investment harder doesn’t magically help workers. … …..follow me here,,.,,, it slows growth, reduces the taking of risk ** and shrinks the pie(s) for everyone.

* ...[text shortened]... e, tell your fellow Americans, that they might venture out!!!!!…….like a man!…. And F’n be somebody.
And this has something to do with the TWO TRILLION deficit? That BTW, if you can't do math, which I suspect, that is TWO THOUSAND each of BILLION dollar bills if such a thing existed. If so it would take TWO THOUSAND of those billion dollar bills to add up to two trillion.

I guess because your head is so firmly up Trumps ass you totally disregard the small crap, who gives a crap about a mere two thousand billion we have to pay back to someone who gave us that loan.
Total nothing, right, UNLESS it was a Democrat POTUS, THEN you screamers will come out in full force, IMPEACH that SOB, he is driving our economy into the ground.
When in fact Trump is ALREADY running our entire economy, and I mean ALL of it from nurses in hospitals to truck drivers and construction workers and engineers and musicians and cooks and baby sitters ALL of them are paying some 40% higher for EVERYTHING.

And don't EVEN go, JUST SHORT TERM, my mentor and LORD Trump told me so. Gas I see now here 50 miles north of Philly in the Pocono mountains at 4.79 a gallon and OBVIOUSLY going straight to 4.99 where it will hang out for a while waiting for folks go get over the shock of NEAR 5 bucks a gallon, so a week of that and then BOOM, 5.50 a gallon, then 5.70 a gallon and such.

I just spent 70 dollars to fill my tank and that was when it was 3.99. Now inching to ONE HUNDRED DOLLARS for 350 miles of driving. 35 cents PER MILE, when the same tank a couple of months ago, it filled up for 50 bucks or so when I saw it at Cosco for 2.79.

But OF COURSE for a life long dyed in the wool TRUMPITE, you don't give a rats ass what happens to ANYONE in the US, deport American citizens, Check, KILL Americans Check. Wants to KILL BIRTHRIGHT CITIZENSHIP when most countries around the world that is what literally MILLIONS of people in a lot of countries do, you born there, you are their citizen, like France, or Germany or a lot of others.

Then there is the deal, if Trump pushed that through, how long will Melania stay here, she has to lose HER birthright ticket, and Trump's parents were not born here either so will he volunteer to self deport?


@AverageJoe1 said
hahahaha. Your buddy Suzianne is another one who wants our administration to tell us their strategy. Eisenhower F'd Hitler with his Calais strategy, it is goo that the Forum had not been apprised in advance!
God, Shav would have said NO WAY will you go ashore in France!! People will fight and die. And he SURELY would. have stopped Truman's 'secret strategy' t ...[text shortened]... hav and my granddaddy, made a decision.

Who thinks Hegseth should tell our strategy? I dare you.
Backspace key. Use it. Love it.


@AverageJoe1 said
Every every every every post here is an example of TDS.. The Trump shadow looms heavily.
All you gotta do is say, "Hey, y'all are right, Trump DOES suck."

Boom, TDS gone.


@kmax87 said
I get it that you are convinced, and that you believe your convoluted tale. But, making your money work for you is the same as you working. Because it requires thought and knowledge and experience to increase the value of that money. In the same way that an artisan uses their thought, knowledge and experience to physically create an object or solution to a problem for you. But ...[text shortened]... work, somehow it's different and you shouldn't be taxed??

Pull the other one, it has bells on it.
Well thought, you qualify for whatever I can do for you.

You see, You’re mixing up two different things: whether investing takes effort, and whether the returns should be taxed differently. Nobody is saying investing takes no skill or risk. The point is that capital gains already come from money that was previously taxed, and those investments help fund businesses, expansion, innovation, and jobs. Lower capital gains rates are meant to encourage people to risk their capital long-term instead of just consuming it.
Are you messin’ with me??? Geez


Hell everyone is taxed!!! The debate is about how much and what incentives create more growth, not whether investors should pay zero…my god man.
Why are you little fellas so eat up with who pays taxes. Everyone all the way to the bottom should pay taxes.. losers…..dont seem to be.


@sonhouse said
And don't forget the 60 million at the end of that deficit #.
I have a feeling that Sunhouse has been hiding his degree in economics under a bushel!!!


@Suzianne said
All you gotta do is say, "Hey, y'all are right, Trump DOES suck."

Boom, TDS gone.
Jump in here, Susie. We are taking all comers!!!!