We need revenue to close the gap.

conorlarkin 23188 posts Original UHND Member

Posted 10:54 am on Apr 11, 2025

Your idea to simplify tax code by removing deductions = more revenue.

Now back to 2025. Tell us how the GOP proposed tax cuts will reduce the $36 trillion deficit?

See 2017 for guidance.

The American Dream belongs to all of us. — Kamala Harris

Replies 49

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 cuts Img 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 the Link Img 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
        
        Basic math.NT iairishcheeks 3:29pm · 4/11/25
        Continue 13 replies

View Full Conversation