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Feds Collect Record Individual Income Taxes

#1

The problem isn't that we're taxed too little, the problem is the government spends too much

$1,665,484,000,000: Feds Collect Record Individual Income Taxes in Calendar 2018--as Debt Climbed $1,481,349,159,596.80

The federal government collected a record $1,665,484,000,000 in individual income taxes in calendar year 2018, according to the Monthly Treasury Statements for year, which the Treasury finished publishing today with the belated release of the December statement.

https://www.cnsnews.com/news/article/ter...s-calendar
Born to lose
Live to win

Lemmy
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#2

And that much comes from roughly half the population.
"The lessons of paternalism ought to be unlearned and the better lesson taught that, while the people should patriotically and cheerfully support their Government, its functions do not include support of the people." - Grover Cleveland, 1893
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#3

Good thing it isn't real money.
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#4

(02-14-2019, 08:25 AM)The Drifter Wrote: The problem isn't that we're taxed too little, the problem is the government spends too much

$1,665,484,000,000: Feds Collect Record Individual Income Taxes in Calendar 2018--as Debt Climbed $1,481,349,159,596.80

The federal government collected a record $1,665,484,000,000 in individual income taxes in calendar year 2018, according to the Monthly Treasury Statements for year, which the Treasury finished publishing today with the belated release of the December statement.

https://www.cnsnews.com/news/article/ter...s-calendar

True. You'd think having all parts of government controlled by Republicans for two years some effort would have been made. But no - we get a tax cut for corporations and the debt just keeps movin' on up.
The sun's not yellow, it's chicken.
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#5

I'm sure China is looking at that number counting out how much of it belongs to them.


With all the morons on this team, it only makes sense we'd keep one around to coach it.

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#6

(02-14-2019, 10:14 AM)TJBender Wrote: I'm sure China is looking at that number counting out how much of it belongs to them.

Come on, you know that isn't how that works. In any case, they are probably estatic about their U.S. investments since their markets are dropping drastically.

https://www.cnn.com/2019/02/13/investing...index.html
[Image: Ben-Roethlisberger_Lerentee-McCary-Sack_...ayoffs.jpg]
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#7

(02-14-2019, 12:13 PM)B2hibry Wrote:
(02-14-2019, 10:14 AM)TJBender Wrote: I'm sure China is looking at that number counting out how much of it belongs to them.

Come on, you know that isn't how that works. In any case, they are probably estatic about their U.S. investments since their markets are dropping drastically.

https://www.cnn.com/2019/02/13/investing...index.html

You mean to say Trump knows what hes doing?

Look for China to attempt to interfere with the 2020 election. They badly want a spineless democrat in office.
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#8

(02-14-2019, 10:14 AM)TJBender Wrote: I'm sure China is looking at that number counting out how much of it belongs to them.

5.6% of our debt belongs to China.
Just under 30% of all of our debt is owned by foreign gov't and investors.

The majority of our debt is actually on the taxpayers.
[Image: giphy.gif]
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#9

Every time this country gets a pay raise it goes out and buys a new car. Lately it's been a Mercedes.
The sun's not yellow, it's chicken.
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#10
(This post was last modified: 02-14-2019, 03:36 PM by Kane.)

(02-14-2019, 08:25 AM)The Drifter Wrote: The problem isn't that we're taxed too little, the problem is the government spends too much

$1,665,484,000,000: Feds Collect Record Individual Income Taxes in Calendar 2018--as Debt Climbed $1,481,349,159,596.80

The federal government collected a record $1,665,484,000,000 in individual income taxes in calendar year 2018, according to the Monthly Treasury Statements for year, which the Treasury finished publishing today with the belated release of the December statement.

https://www.cnsnews.com/news/article/ter...s-calendar

How much of that are they returning though?

Tax returns are dumb.
Stop taxing people if you're going to just give it back.
And stop giving people a surplus (A return in excess of taxes paid) just because they have kids out of wedlock or decided McDonalds was a fine career choice for their life.

This country is effed man lol it's never gonna get better.


Sorry.... tax season pisses me off.

(02-14-2019, 03:33 PM)Adam2012 Wrote: Every time this country gets a pay raise it goes out and buys a new car. Lately it's been a Mercedes.

[Image: tenor.gif?itemid=7410778]
[Image: giphy.gif]
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#11

(02-14-2019, 03:35 PM)Kane Wrote:
(02-14-2019, 08:25 AM)The Drifter Wrote: The problem isn't that we're taxed too little, the problem is the government spends too much

$1,665,484,000,000: Feds Collect Record Individual Income Taxes in Calendar 2018--as Debt Climbed $1,481,349,159,596.80

The federal government collected a record $1,665,484,000,000 in individual income taxes in calendar year 2018, according to the Monthly Treasury Statements for year, which the Treasury finished publishing today with the belated release of the December statement.

https://www.cnsnews.com/news/article/ter...s-calendar

How much of that are they returning though?

Tax returns are dumb.
Stop taxing people if you're going to just give it back.
And stop giving people a surplus (A return in excess of taxes paid) just because they have kids out of wedlock or decided McDonalds was a fine career choice for their life.

This country is effed man lol it's never gonna get better.


Sorry.... tax season pisses me off.

(02-14-2019, 03:33 PM)Adam2012 Wrote: Every time this country gets a pay raise it goes out and buys a new car. Lately it's been a Mercedes.

[Image: tenor.gif?itemid=7410778]

You can't buy votes without wealth redistribution.
"The lessons of paternalism ought to be unlearned and the better lesson taught that, while the people should patriotically and cheerfully support their Government, its functions do not include support of the people." - Grover Cleveland, 1893
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#12

(02-14-2019, 04:09 PM)flsprtsgod Wrote:
(02-14-2019, 03:35 PM)Kane Wrote: How much of that are they returning though?

Tax returns are dumb.
Stop taxing people if you're going to just give it back.
And stop giving people a surplus (A return in excess of taxes paid) just because they have kids out of wedlock or decided McDonalds was a fine career choice for their life.

This country is effed man lol it's never gonna get better.


Sorry.... tax season pisses me off.


[Image: tenor.gif?itemid=7410778]

You can't buy votes without wealth redistribution.

We're currently getting a poor return on investment.
The sun's not yellow, it's chicken.
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#13

(02-14-2019, 04:25 PM)Adam2012 Wrote:
(02-14-2019, 04:09 PM)flsprtsgod Wrote: You can't buy votes without wealth redistribution.

We're currently getting a poor return on investment.

Think how few you'd get without the Billiins in handouts.
"The lessons of paternalism ought to be unlearned and the better lesson taught that, while the people should patriotically and cheerfully support their Government, its functions do not include support of the people." - Grover Cleveland, 1893
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