@AroundTheWorld is the perfect case for this…. Nothing but homoerotic posts… posts about children’s genitalia… and climate change lies….
He is using other people's money. That's the thing leftists always ignore. They say "Biden (or "the government") is "giving people money"...yes, yes they do, but first, they take it...it's not their money that they have earned. They are not charitable, they are just redistributing someone else's money (and enjoying the power and money that comes with that).
A corporate minimum tax of 15% has a approval rating of 79% in America. Right now 45 different fortune 500 companies pay nothing in tax. Forcing a corporate tax is very very popular. If you ask anyone with half a brain if they think forcing corporations to pay a minimum tax of 15% is worth the greatest climate change bill we've ever passed I guarantee you historians and others will say that's the smartest thing America did. You clowns forget that unlike the scumbag MAGA dems actually pay for their proposals with ideas that the majority of Americans support. Trumps tax cut only had a 38% approval and he still passed it. The inflation reduction act is paid for by corporate minimum tax and a stock buyback tax...he's not borrowing money when it's being raised by tax cheats
Lol…. Yes that is how government works…worked the same under Trump, Obama, Bush Jr, Clinton, etc… Its like watching a 13 year old learn about government with you…
ATW is right, Biden is buying votes. One-off things like college debt forgiveness were not intended to fix the root cause, but reward a specific demographic of it's symptoms. I agree infra spending is sorely needed and beats a scammy 3 for donors: 1 for middle class tax cuts. Cares/PPP was more 1 for donors : 2 for taxpayers. That's the difference in parties nowadays? If you got your beak wet, can't complain.... The "both sides" reply is fair play, I suppose. Trump is more responsible for breaking the "Tea Party" national debt ethos that once rallied fiscal cons by deficit spending during an Economic Boom (sounds familiar). Deficit spending in the Trillions is a new one, much like taking a wrench in Vegas and uncapping the fire hydrant for some good summer fun. Like Trump, Biden also has a massive corporate bailout on the books. So yeah, every leader is pandering for votes. It means we won't have any meaningful conversation on reducing Trillion dollar interest-only payments that are looming around the corner (within 2-3 years if spending keeps pace and rates maintain "higher for longer")
What bailout ? Regardless of how you try spinning both sides bs bidens spending proposals were paid for by sensible tax hikes while trumps was 100% deficit financed.
You can't even google? Why the obnoxiousness when you can't do the bare minimum? If it were entirely paid in the tune of 1.4T for this year, I wouldn't be bellyaching.
It’s how a representative democracy works….. Seniors have been getting the best deal (and the source of the largest rise in spending this past decade with Medicare and SSN). Good for us younger folks for getting some relief plus improve infrastructure plus bringing home manufacturing.
Any deficit is now magically a bailout ? You said biden has massive corporate bailouts on his books. What corporate bailout?
I can agree both sides cater to their special interests. My point is that both sides are also engaging in massive deficit spending. I agree the debt is a problem but I would rather be engaged in defict spending that improves the longterm of growth of the country like building better infrastructure and bringing manufacturing back than short term like tax cuts.
My understanding is that there are fees and improved enforcement of taxes. The Trump and even Bush tax cuts though haven't been repealed so most of this is still going to be financed by debt is my understanding. As I stated earlier though infrastructure is one of the best uses of debt and these projects could pay for themselves.
Under that reasoning then everytime I'm use my credit card I'm using someone else's money and if I buy someone a drink at the bar I'm redistributing someone else's money.
I've seen a few people on social media talk about lockdowns due to the new COVID variant but I've yet to see any actual news reporting on it.
The IRA is paid for by corporate minimum tax of 15%, more tax enforcement, and medicare being able to negotiate drug prices. My point i was trying to make to @Invisible Fan is that the democrats passed ways to offset spending by sensible tax hikes while Trump didnt even bother.
Yes they have passed measures to try to offset spending. I admit to not knowing the numbers off hand but my understanding is that those alone can't pay for the trillions that the IRA, Infrastructure act, CHIPS Act and other spending that has recently been passed.
Banks dude. If you don't like the B word, instead of resolving bank failures through established means, they stepped in presumably to remove contagion and depositor panic from mid-sized banks. Government intervention shouldn't be necessary for sound and strong economies.
