Skye
Well-Known Member
No resentment in your receipts. No offense intended with my posts.As Skye tried to characterize it, my wish a continuation of tax cuts, he calls a "handout". Near as I can figure after a recent exchange of posts is he resents my wanting to deprive the government of extra monies taken from my pockets. I suppose the additional extra funds could make it more for him to take advantage of. I await his answer on this. Perhaps a clever new "reality".
My concern with the tax cuts is what that does to GOV revenue. Using the Big Beautiful Bill as a recent example, the current mark-up reduces revenue by $4.5T over ten years; this is the majority's own numbers. Net. If an equal number of cuts we part of the package, to make it deficit neutral, great, let's work towards that. But that's not part of the bill in its current form. The package is about to clear the House, with it being given to the Senate by Memorial Day weekend.
The additional funds being gifted to me are part of the overall economy. We all enjoy it. Tax cuts, greater defense spending, welfare, insert spending here. Any additional dollar borrowed and put into the economy causes it to grow greater than it would have otherwise. At the expense of whomever will be left holding the bill. Used on a temporary basis, it can do some good. Done so consistently for 30+ years, not so much.
I'm not against people receiving more of their own money back, the current Administration or anything else. I am against making the problem of deficits and debt worse.
To clarify, tax cuts are not THE problem. They are one component of our existing fiscal policy, a policy that has serious issues.
I don't care for hearing about quick, easy or unclear solutions. I am for being told the truth: we're in a F'd up situation, decades in the making, that will take tough choices and a long time to fix. No one is going to win an election by attempting to make that point. Which is probably why virtually no one brings it up in a serious manner.
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