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Originally posted by @mghrn55Gone where?
And when the rich are gone ?
Then what ??
If there were no more rich people the price of housing would go down. Housing is expensive because the wealthy are buying up all the housing so they can rent it for profit. Then they do everything they can to evict the poor so they can charge more rent.
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Originally posted by @athousandyoungI believe the subject was the US debt, which was already mightily high during the Obama years. Not "taxes on rich people".
Actually I prefer high taxes on rich people. The problem with the Right is they refuse to increase tax revenue.
Originally posted by @great-king-ratTaxes on rich people provide revenue which can be used to pay down the debt.
I believe the subject was the US debt, which was already mightily high during the Obama years. Not "taxes on rich people".
Originally posted by @athousandyoungGreat idea. Too bad the government has shown zero intention of ever paying down the debt. So then where does the money go.
Taxes on rich people provide revenue which can be used to pay down the debt.
Originally posted by @athousandyoungThe debt was high under Obama.
Taxes on rich people provide revenue which can be used to pay down the debt.
The debt is high under Trump.
Is one okay and the other not?
How much of your (dis)like of the national debt is fueled by who the current president is?
Originally posted by @great-king-rat"Fuelled"? None. But I know that the cult of tax cuts is the problem.
The debt was high under Obama.
The debt is high under Trump.
Is one okay and the other not?
How much of your (dis)like of the national debt is fueled by who the current president is?
Originally posted by @tom-wolseyClinton ran a federal surplus.
Great idea. Too bad the government has shown zero intention of ever paying down the debt. So then where does the money go.
https://en.wikipedia.org/wiki/History_of_the_United_States_public_debt#Changes_in_debt_by_political_affiliation
Economist Mike Kimel has noted that the former Democratic Presidents (Bill Clinton, Jimmy Carter, Lyndon B. Johnson, John F. Kennedy, and Harry S. Truman) all reduced public debt as a share of GDP, while the last four Republican Presidents (George W. Bush, George H. W. Bush, Ronald Reagan and Gerald Ford) all oversaw an increase in the country's indebtedness.
Originally posted by @athousandyoungWow, what a shocker. Anything to make less government, which I call abrogation of responsibility so companies, having bought US government, can go back to dumping toxins into local creeks, cut pay to 4 bucks an hour, increase working hours, give no medical benefits and so forth.https://en.wikipedia.org/wiki/History_of_the_United_States_public_debt#Changes_in_debt_by_political_affiliation
Economist Mike Kimel has noted that the former Democratic Presidents (Bill Clinton, Jimmy Carter, Lyndon B. Johnson, John F. Kennedy, and Harry S. Truman) all reduced public debt as a share of GDP, while the last four Republican P ...[text shortened]... h, Ronald Reagan and Gerald Ford) all oversaw an increase in the country's indebtedness.
Republican government, an oxymoron.