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#1
posted to rec.boats
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new grandaughter
Beautiful but poor girl. Came in to the world with $53000 of national debt. Why do we burden our children and grandchildren with debt not for infrastructure? |
#2
posted to rec.boats
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new grandaughter
Because none of y'all want to pay your fair share of taxes necessary to finance your high living style.
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#3
posted to rec.boats
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new grandaughter
True North wrote:
Because none of y'all want to pay your fair share of taxes necessary to finance your high living style. Lots of pay a very fair share. It is the 46% who make up to about $60,000 US who pay no income tax. |
#4
posted to rec.boats
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new grandaughter
True North wrote:
Because none of y'all want to pay your fair share of taxes necessary to finance your high living style. I paid over $50K last year. Ask your buddy what he paid. Ask him what he still owes. Ask him how many people were screwed in his bankruptcies. |
#5
posted to rec.boats
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new grandaughter
On Wednesday, April 5, 2017 at 2:36:51 PM UTC-4, True North wrote:
Because none of y'all want to pay your fair share of taxes necessary to finance your high living style. Actually, Don, it's your BFF handler who doesn't pay his fair share of taxes. I suppose that's to whom your comment was directed, yes? |
#6
posted to rec.boats
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new grandaughter
Poco Deplorevole
On Wednesday, April 5, 2017 at 2:36:51 PM UTC-4, True North wrote: Because none of y'all want to pay your fair share of taxes necessary to finance your high living style. "Actually, Don, it's your BFF handler who doesn't pay his fair share of taxes. I suppose that's to whom your comment was directed, yes?" Wrong again, Johnny. I'm speaking about the country in general. It's irresponsible to keep pushing the debt over to your grandchildren. |
#7
posted to rec.boats
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new grandaughter
On Thu, 6 Apr 2017 07:07:44 -0700 (PDT), True North wrote:
Poco Deplorevole On Wednesday, April 5, 2017 at 2:36:51 PM UTC-4, True North wrote: Because none of y'all want to pay your fair share of taxes necessary to finance your high living style. "Actually, Don, it's your BFF handler who doesn't pay his fair share of taxes. I suppose that's to whom your comment was directed, yes?" Wrong again, Johnny. I'm speaking about the country in general. It's irresponsible to keep pushing the debt over to your grandchildren. Well, if the country in general doesn't pay enough taxes, what would you say about a deadbeat who cheats on his taxes? They would be pretty low, eh Donnee? Oh, and before you cast too many stones, check out your own problems: "Budget deficits and increasing debt are key fiscal issues as the federal and provincial gov- ernments prepare to release their budgets this year. Combined federal and provincial net debt has increased from $834 billion in 2007/08 to a projected $1.3 trillion in 2015/16. This com - bined debt equals 64.8% of the economy or $35,827 for every man, woman, and child living in Canada. " https://www.fraserinstitute.org/site...anada-2016.pdf |
#8
posted to rec.boats
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new grandaughter
On Thu, 06 Apr 2017 10:58:33 -0400, Poco Deplorevole
wrote: On Thu, 6 Apr 2017 07:07:44 -0700 (PDT), True North wrote: Poco Deplorevole On Wednesday, April 5, 2017 at 2:36:51 PM UTC-4, True North wrote: Because none of y'all want to pay your fair share of taxes necessary to finance your high living style. "Actually, Don, it's your BFF handler who doesn't pay his fair share of taxes. I suppose that's to whom your comment was directed, yes?" Wrong again, Johnny. I'm speaking about the country in general. It's irresponsible to keep pushing the debt over to your grandchildren. Well, if the country in general doesn't pay enough taxes, what would you say about a deadbeat who cheats on his taxes? They would be pretty low, eh Donnee? Oh, and before you cast too many stones, check out your own problems: "Budget deficits and increasing debt are key fiscal issues as the federal and provincial gov- ernments prepare to release their budgets this year. Combined federal and provincial net debt has increased from $834 billion in 2007/08 to a projected $1.3 trillion in 2015/16. This com - bined debt equals 64.8% of the economy or $35,827 for every man, woman, and child living in Canada. " https://www.fraserinstitute.org/site...anada-2016.pdf The Canadians are still doing better than us. I posted this a few days ago but the fact is we would need a 30% across the board surcharge on all income tax revenues to balance the budget. There is no "spending cut" that would do this or even get close since 100% of the revenue goes to entitlements and interest on the debt. That interest averages around 3% but a lot of that is just bookkeeping tricks that make SS/MC look better (intra governmental transfers). The actual interest to 3d parties is more line 1.5%. It would not take much of an interest hike to make the debt load disastrous. |
#10
posted to rec.boats
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new grandaughter
- show quoted text - "The Canadians are still doing better than us. I posted this a few days ago but the fact is we would need a 30% across the board surcharge on all income tax revenues to balance the budget. There is no "spending cut" that would do this or even get close since 100% of the revenue goes to entitlements and interest on the debt. That interest averages around 3% but a lot of that is just bookkeeping tricks that make SS/MC look better (intra governmental transfers). The actual interest to 3d parties is more line 1.5%. It would not take much of an interest hike to make the debt load disastrous." Thank God there are still some Americans who understand what is required to restore sanity. Trouble is, you're probably grossly outnumbered. |