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goIftdibrad
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[user not found] wrote: Tue Dec 19, 2017 12:44 pm
Big Brain Bradley wrote:
incorrect

video is a little old, but the numbers have not skewed that much in ~6-7 years



Cliffs: if we cut all gov spending other than SSN, medicare, medicaid, and interest on the debt the budget still does not balance. This is extreme, like no army, navy, funding for light bill on capitol hill, etc.

Deceptive video is deceptive. It includes cutting all revenues and only including SSN and Medicare taxes even though there is other stuff in mandatory spending bucked that comes from regular tax revenue.

We'd be like 1 trillion above if their math was transparent.
Thats not correct.

edit, another source with similar #'s
Image
Last edited by goIftdibrad on Tue Dec 19, 2017 1:08 pm, edited 1 time in total.
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goIftdibrad
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[user not found] wrote: Tue Dec 19, 2017 1:04 pm
Big Brain Bradley wrote:
Thats not correct.
Total tax revenue:
3.2 trillion (ish)
2 and change from standard taxes
1 and change from trust funding taxes


Mandatory spending approximately 2.45 trillion

Upside assuming all other things are cut and no borrowing:
800+ billion dollars.


It's very true. The math is super simple.
See my edit.

it was true for the 2011 tax year, we ran a deficit of over a trillion.
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wap
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Upping, or better yet, eliminating the cap on SS contributions will keep it healthy it maybe forever. But in any case, it is NOT on the verge of going broke or bankrupt as Repubs like to say. And it's super simple to make healthy for a looooong time.
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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goIftdibrad
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wap wrote: Tue Dec 19, 2017 1:38 pm Upping, or better yet, eliminating the cap on SS contributions will keep it healthy it maybe forever. But in any case, it is NOT on the verge of going broke or bankrupt as Repubs like to say. And it's super simple to make healthy for a looooong time.
:yeahok:
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[user not found] wrote: Tue Dec 19, 2017 1:58 pm SS is like the bottom of my list for big government problems. It causes some odd economic issues with how it's structured but it isn't going broke in the way it's made out to be and it's incredibly efficient.
:dat:
Yup.
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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goIftdibrad
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Big Brain Bradley wrote: Wed Dec 20, 2017 8:50 am Image
:mindblown: :disgust: :yikes: :yikes: :yikes:


:lolol:
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Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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[user not found] wrote: Wed Dec 20, 2017 1:46 pm I'm thinking I need to take this slight cash increase I get from the tax bill and slam it into some sort of safe long-term investment to try and offset what certainly is going to happen in the future.
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goIftdibrad
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[user not found] wrote: Wed Dec 20, 2017 1:46 pm I'm thinking I need to take this slight cash increase I get from the tax bill and slam it into some sort of safe long-term investment to try and offset what certainly is going to happen in the future.
:yeahok:


I think after i do taxes this year I'll adjust my withholding (if that's still a thing? I heard it was going away) and that plus kid plus tax break will be a :notbad: raise
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[user not found] wrote: Wed Dec 20, 2017 2:01 pm
Big Brain Bradley wrote:
:yeahok:


I think after i do taxes this year I'll adjust my withholding (if that's still a thing? I heard it was going away) and that plus kid plus tax break will be a :notbad: raise
So you think that in 15 years people of middle upper income aren't going to be asked to pay for this? :yeahok:


We know no substantial spending cuts are coming.
no, i just think that they will find new and inventive ways of fucking us over and saving the cash difference ( :jalepenis: amounts) is about as effective as pissing in the wind to stay dry
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[user not found] wrote: Wed Dec 20, 2017 2:11 pm
Big Brain Bradley wrote:
no, i just think that they will find new and inventive ways of fucking us over and saving the cash difference ( :jalepenis: amounts) is about as effective as pissing in the wind to stay dry
It's X percent less later that I have to pay and money I am fortunate enough not to NEED now.
sure i get saving the difference if you can....I'm in a position that would make saving the difference :lolol: :jalepenis: amounts of money
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[user not found] wrote: Wed Dec 20, 2017 2:20 pm
Big Brain Bradley wrote:
sure i get saving the difference if you can....I'm in a position that would make saving the difference Imageol: :jalepenis: amounts of money
Shove yours into a 529!
:baby: :doe:
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Big Brain Bradley wrote: Wed Dec 20, 2017 2:30 pm
[user not found] wrote: Wed Dec 20, 2017 2:20 pm Shove yours into a 529!
:baby: :doe:
529 is for :baby: :doe:
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Apex wrote: Wed Dec 20, 2017 2:31 pm
Big Brain Bradley wrote: Wed Dec 20, 2017 2:30 pm

:baby: :doe:
529 is for :baby: :doe:
:ohdang:
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Big Brain Bradley wrote: Wed Dec 20, 2017 2:30 pm
[user not found] wrote: Wed Dec 20, 2017 2:20 pm Shove yours into a 529!
:baby: :doe:
:wat:
All the more reason.
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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Apex wrote: Wed Dec 20, 2017 2:31 pm
Big Brain Bradley wrote: Wed Dec 20, 2017 2:30 pm

:baby: :doe:
529 is for :baby: :doe:
:dat:
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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Big Brain Bradley wrote: Wed Dec 20, 2017 2:32 pm
Apex wrote: Wed Dec 20, 2017 2:31 pm

529 is for :baby: :doe:
:ohdang:
:derp: :fax:
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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wap wrote: Wed Dec 20, 2017 3:31 pm
Big Brain Bradley wrote: Wed Dec 20, 2017 2:32 pm
:ohdang:
:derp: :fax:
hey i dont claim to know it all, but i know what i know :fax:
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Big Brain Bradley wrote: Wed Dec 20, 2017 5:41 pm
wap wrote: Wed Dec 20, 2017 3:31 pm

:derp: :fax:
hey i dont claim to know it all, but i know what i know :fax:
:yeahok:
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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https://reason.com/2019/11/06/a-michiga ... e-profits/

:wtf:
An 83-year-old retired engineer in Michigan underpaid his property taxes by $8.41. In response, Oakland County seized his property, auctioned it off to settle the debt, and pocketed nearly $24,500 in excess revenue from the sale.

Under Michigan law, it was all legal. And hardly uncommon.
:triggered:

Reason always hits me in the :fshitup: feels.
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dubshow wrote: Wed Nov 06, 2019 9:13 am https://reason.com/2019/11/06/a-michiga ... e-profits/

:wtf:
An 83-year-old retired engineer in Michigan underpaid his property taxes by $8.41. In response, Oakland County seized his property, auctioned it off to settle the debt, and pocketed nearly $24,500 in excess revenue from the sale.

Under Michigan law, it was all legal. And hardly uncommon.
:triggered:

Reason always hits me in the :fshitup: feels.
That seems a bit excessive.
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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dubshow wrote: Wed Nov 06, 2019 9:13 am https://reason.com/2019/11/06/a-michiga ... e-profits/

:wtf:
An 83-year-old retired engineer in Michigan underpaid his property taxes by $8.41. In response, Oakland County seized his property, auctioned it off to settle the debt, and pocketed nearly $24,500 in excess revenue from the sale.

Under Michigan law, it was all legal. And hardly uncommon.
:triggered:

Reason always hits me in the :fshitup: feels.
Next story:

"83 year old terrorist uses engineering experience to blow up the tax collector's office for 'no reason'.".
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CorvetteWaxer wrote: Wed Nov 06, 2019 11:59 am
dubshow wrote: Wed Nov 06, 2019 9:13 am https://reason.com/2019/11/06/a-michiga ... e-profits/

:wtf:



:triggered:

Reason always hits me in the :fshitup: feels.
Next story:

"83 year old terrorist uses engineering experience to blow up the tax collector's office for 'no reason'.".
:notbad:
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CorvetteWaxer wrote: Wed Nov 06, 2019 11:59 am
dubshow wrote: Wed Nov 06, 2019 9:13 am https://reason.com/2019/11/06/a-michiga ... e-profits/

:wtf:



:triggered:

Reason always hits me in the :fshitup: feels.
Next story:

"83 year old terrorist uses engineering experience to blow up the tax collector's office for 'no reason'.".
KillDozer part 2.
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dubshow wrote: Wed Nov 06, 2019 9:13 am https://reason.com/2019/11/06/a-michiga ... e-profits/

:wtf:
An 83-year-old retired engineer in Michigan underpaid his property taxes by $8.41. In response, Oakland County seized his property, auctioned it off to settle the debt, and pocketed nearly $24,500 in excess revenue from the sale.

Under Michigan law, it was all legal. And hardly uncommon.
:triggered:

Reason always hits me in the :fshitup: feels.
You never really "own" any property in this country. Super :|

In MI, if you have any delinquent taxes owed for three consecutive years, the county can take your shit and pocket the profit. BUT, you're notified well in advance. This article is a bit one sided.

How do I know?

When I lived in Detroit in 2014, I was around a ton of people delinquent on their taxes. I remember talking to my neighbor about getting "another tax foreclosure notice" and she'd call the county to work out some extension or payment plan.
Desertbreh wrote: Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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