Musk Mulls Sending All Americans $5,000 Checks Using DOGE Savings

Abolish the income tax and institute a sales tax so that even Felonious DJT will pay their fair share.
That's a totally regressive idea, Damo.

The poor have to spend virtually all of their income, so percentage-wise, they'd pay FAR higher tax rates than the wealthy.

This nation's downfall
is that the working class
has no fucking clue how to effective use its shear numbers to its advantage at the polls.

They're voting for the VERY SAME CANDIDATES
that the corporate oligarchy supports
in protection of its own greedy and unpatriotic interests.

From both intellectual and moral perspectives, a totally indefensible tax structure is the result.
 
How does the federal tax system affect low-income households? Most low-income households do not pay federal income taxes, typically because they owe no tax (as their income is lower than the standard deduction) or because tax credits offset the tax they would owe.
 
The poor pay nothing in terms of federal income tax. That isn’t fair. Everyone must pay their fair share.

It’s only fair.

I have paid no interest for decades in my personal life. Why should I pay interest on the national debt?
You really are an idiot. Vanderbilt must be very proud.
The working poor would have livable incomes and pay proper taxes
if our regressive nation didn't allow their employers to exploit them so much
while they underpay their own taxes so shamelessly.
 
Kevin O'Leary of the show Shark Tank and a major investment backer says DOGE isn't cutting enough.

‘Mr. Wonderful’ Says Musk Needs to Cut Even More: ‘Not Whacking Enough’​



 
How does the federal tax system affect low-income households? Most low-income households do not pay federal income taxes, typically because they owe no tax (as their income is lower than the standard deduction) or because tax credits offset the tax they would owe.

And you're saying they'd pay less than that w/ a consumption tax. Less than nothing.

Interesting.
 
Kevin O'Leary of the show Shark Tank and a major investment backer says DOGE isn't cutting enough.

‘Mr. Wonderful’ Says Musk Needs to Cut Even More: ‘Not Whacking Enough’​




DOGE is what they call "performative."

Have they even cut a small fraction of 1% of the budget at this point?
 
That's a totally regressive idea, Damo.

The poor have to spend virtually all of their income, so percentage-wise, they'd pay FAR higher tax rates than the wealthy.

This nation's downfall
is that the working class
has no fucking clue how to effective use its shear numbers to its advantage at the polls.

They're voting for the VERY SAME CANDIDATES
that the corporate oligarchy supports
in protection of its own greedy and unpatriotic interests.

From both intellectual and moral perspectives, a totally indefensible tax structure is the result.
The poor would have more money as there would be far less withholding on their paychecks, they also purchase much smaller items and would pay less in tax.

With this, even criminals that otherwise would not pay taxes pay, let's say we have Al Capone buying a fleet of cars, he would have paid taxes and wouldn't have spent time in prison for tax evasion... for one example.

I get that sone skinflint Richie Rich might hoard hotdogs and wash his plastic utensils and live like a hermit, but in reality the rich would buy things, they'd pay their "fair share"...

Anyway, I'd say most folks would be willing to let the folks collecting welfare checks off the hook...

One could issue a card... If you are willing to let the government know how much you make and can prove poverty level (or some other agreed upon level of "poor") we could issue you a tax free card. Though I think the most fair taxation would be a simple sales tax, understanding the poor would have more money due to their withholding being minimized as they no longer would have to have funds withheld and beg for them back each year on a form.
 
You really are an idiot. Vanderbilt must be very proud.
The working poor would have livable incomes and pay proper taxes
if our regressive nation didn't allow their employers to exploit them so much
while they underpay their own taxes so shamelessly.
To the barricades…workers of the world, unite!

Too funny, old man.
 
Absolutely, they pay nothing now, they would pay less than the wealthy because they consume less.

I can keep this up all night but I wish you didn’t suck so much.

Read your 1st sentence again.

They would definitely pay less than the wealthy w/ a consumption tax. But they'd pay more than they do now.

See how that works?

There are a lot more poor & middle class voters, Earl.
 
I wonder if Americans would pay $5,000 to be more safe w/ their food, medicine, transportation, nuclear stockpile & national defense.

The poor would have more money as there would be far less withholding on their paychecks, they also purchase much smaller items and would pay less in tax.

With this, even criminals that otherwise would not pay taxes pay, let's say we have Al Capone buying a fleet of cars, he would have paid taxes and wouldn't have spent time in prison for tax evasion... for one example.

I get that sone skinflint Richie Rich might hoard hotdogs and wash his plastic utensils and live like a hermit, but in reality the rich would buy things, they'd pay their "fair share"...

Anyway, I'd say most folks would be willing to let the folks collecting welfare checks off the hook...

One could issue a card... If you are willing to let the government know how much you make and can prove poverty level (or some other agreed upon level of "poor") we could issue you a tax free card. Though I think the most fair taxation would be a simple sales tax, understanding the poor would have more money due to their withholding being minimized as they no longer would have to have funds withheld and beg for them back each year on a form.
How will they pay for the tax cuts they are proposing for the rich?

How much of a tax cut will the middle class and poor receive?

I’ve heard this steaming pile for over 50 years. It’s yet to come true.
 
Read your 1st sentence again.

They would definitely pay less than the wealthy w/ a consumption tax. But they'd pay more than they do now.

See how that works?

There are a lot more poor & middle class voters, Earl.
They should pay more than they do now which is zero for most of the poor.

Everyone should pay their fair share and now, most of the poor pay no federal income tax.

See how that works?
 
They should pay more than they do now which is zero for most of the poor.

Everyone should pay their fair share and now, most of the poor pay no federal income tax.

See how that works?

Which gets me back to my original point.

Here's hoping the GOP runs future elections on shifting more of the tax burden to the poor & middle class.
 
How will they pay for the tax cuts they are proposing for the rich?

How much of a tax cut will the middle class and poor receive?

I’ve heard this steaming pile for over 50 years. It’s yet to come true.
There would be no tax cuts for the rich. The rich would pay the taxes on what they purchase. Currently they have deductions, etc. Those would no longer be a thing.
 
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