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We don't have to raise taxes as it is not a revenue problem.

iairishcheeks 30794 posts Original UHND Member

Posted 10:45 am on Apr 11, 2025

We shouldn't be lowering them either, what we should do is rip and replace the tax code and remove all deductions.

Replies 49

We don't have to raise taxes as it is not a revenue problem. iairishcheeks 10:45am · 4/11/25
- We need revenue to close the gap. conorlarkin 10:54am · 4/11/25
  - lowering taxes led to more revenueNTLink WestCoastIrishFan 1:02pm · 4/11/25
  - 2019 Budget $4.4T, 2024 Revenue $4.9T. iairishcheeks 11:33am · 4/11/25
    - Given that the Defense Budget for 2019 was $734B it would take draconian cutsImg TyroneIrish 11:56am · 4/11/25
      - Cutting from the Discretionary isn't "draconian." jakers 2:27pm · 4/11/25
        
        Yeah, probably like 50 years. That's what happens when the budget more than doubles over 10 years.NT iairishcheeks 3:02pm · 4/11/25
        
        Projected Tax Revenues for this year are >$5T. jakers 3:43pm · 4/11/25
        
        In 1965, CEO/Avg Worker Compensation was 21/1...right now the ration is over 340/1...Corps and theImg TyroneIrish 10:47am · 4/12/25
        
        To be clear, I have ZERO problem with moving back to Reagan-era marginal tax rates at the top.NT jakers 12:57pm · 4/14/25
        
        Clinton's era delivered a budget surplus...why not support his tax increases on Corps and the TyroneIrish 10:36pm · 4/14/25
      - Congress gets $4.4T to spend, they have to figure out how to do it. BTW, 2014 was $3TNT iairishcheeks 12:20pm · 4/11/25
        
        $3.1T is Mandatory + Interest...Revenue = $3.5T...now solve the problem.NT TyroneIrish 12:39pm · 4/11/25
        
        2024 revenue was $4.9T.NT iairishcheeks 1:03pm · 4/11/25
        
        You're moving the goal posts, Cheeks ;-)...pick any year you want...just stick with it and we'll TyroneIrish 2:04pm · 4/11/25
        
        Yeah, you're not getting this. iairishcheeks 2:35pm · 4/11/25
        
        How do you get a $0.5T surplus on $3.5T of income in 2019?NT TyroneIrish 3:06pm · 4/11/25
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