US Has No Ability to Pay Back Debt

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Gawdzilla Sama
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Re: US Has No Ability to Pay Back Debt

Post by Gawdzilla Sama » Fri Aug 05, 2011 11:53 pm

Gawd wrote:
Gawdzilla wrote:No, they don't pay 35%. They're supposed to, but they don't. That's what tax lawyers are for.
Well, then tell the rich to stop funding Israel and claiming it as a tax expense.
Ah, the answer to everything. You could have just admitted that you don't the situation. I wouldn't expect to stop spouting off, but a little honesty once in a blue moon would be...astounding.
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Re: US Has No Ability to Pay Back Debt

Post by Exi5tentialist » Fri Aug 05, 2011 11:54 pm

Thanks everyone, another attempt to solve the debt crisis fails!

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Re: US Has No Ability to Pay Back Debt

Post by Gawdzilla Sama » Fri Aug 05, 2011 11:58 pm

Gawd wrote:
Gawdzilla wrote:
Exi5tentialist wrote:Should pay? Shouldn't pay? Blame the rich? Blame the poor? These are very distracting concepts.

Government income is less than government expenditure. Work the problem, guys.
Poor people don't have the luxury of hiring expensive tax lawyers to help them not pay an equivalent amount of taxes, so the burden rests on the poor while the rich skate along and benefit from other people's contributions.
And poor people just leach the system with their medicare, welfare, pensions, etc.....
Yep, poor people horde their money instead of paying $1,500/month/person in their family for medical aid. And when does a pension a person paid into for most of their lives count as leaching? Yer ramblin', dude. Put that doobie out and get some fresh air.
The rich more than pay for their share
You just don't get it. They don't pay anything like their fair share. 1% of a billion dollars, maybe. But they spend more on lawyers than they do in paying taxes.

...and they create the jobs
Yeah, that is always the mission of the rich, to create jobs. :funny: If they didn't, where would they get their money from, each other?
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Re: US Has No Ability to Pay Back Debt

Post by Gawdzilla Sama » Fri Aug 05, 2011 11:58 pm

Exi5tentialist wrote:Thanks everyone, another attempt to solve the debt crisis fails!
Excuse me, but what was your proposed solution? "Work the problem" is good if your horny. :snork:
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Re: US Has No Ability to Pay Back Debt

Post by Feck » Fri Aug 05, 2011 11:59 pm

Gawdzilla wrote:
Azathoth wrote:No, quite a lot of japanese and taiwanese ones though
Subaru is made in Indiana. There are more.
Don't get one with the 2.5L US engine ! it's a piece of crap
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Re: US Has No Ability to Pay Back Debt

Post by Gawdzilla Sama » Sat Aug 06, 2011 12:01 am

Feck wrote:
Gawdzilla wrote:
Azathoth wrote:No, quite a lot of japanese and taiwanese ones though
Subaru is made in Indiana. There are more.
Don't get one with the 2.5L US engine ! it's a piece of crap
Japanese design. :coffee:
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Re: US Has No Ability to Pay Back Debt

Post by Feck » Sat Aug 06, 2011 12:12 am

Gawdzilla wrote:
Feck wrote:
Gawdzilla wrote:
Azathoth wrote:No, quite a lot of japanese and taiwanese ones though
Subaru is made in Indiana. There are more.
Don't get one with the 2.5L US engine ! it's a piece of crap
Japanese design. :coffee:
Erm No. just US automotive skills showing up again
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Re: US Has No Ability to Pay Back Debt

Post by Gawdzilla Sama » Sat Aug 06, 2011 12:14 am

Feck wrote:
Gawdzilla wrote:
Feck wrote:
Gawdzilla wrote:
Azathoth wrote:No, quite a lot of japanese and taiwanese ones though
Subaru is made in Indiana. There are more.
Don't get one with the 2.5L US engine ! it's a piece of crap
Japanese design. :coffee:
Erm No. just US automotive skills showing up again
Nope, the Japanese admitted the design was "less than optimal."
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Re: US Has No Ability to Pay Back Debt

Post by Exi5tentialist » Sat Aug 06, 2011 12:16 am

Gawdzilla wrote:Excuse me, but what was your proposed solution?
Raise taxes.

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Re: US Has No Ability to Pay Back Debt

Post by Gawdzilla Sama » Sat Aug 06, 2011 12:32 am

Exi5tentialist wrote:
Gawdzilla wrote:Excuse me, but what was your proposed solution?
Raise taxes.
Or get the rich to pay what they owe. Then we wouldn't need to raise taxes on anybody.
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Re: US Has No Ability to Pay Back Debt

Post by Exi5tentialist » Sat Aug 06, 2011 12:38 am

How much do they owe?

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Re: US Has No Ability to Pay Back Debt

Post by Gawdzilla Sama » Sat Aug 06, 2011 12:42 am

Exi5tentialist wrote:How much do they owe?
Last figures I saw showed that they pay between 5% and 10% of what they would buy without the tricksters.
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Re: US Has No Ability to Pay Back Debt

Post by Exi5tentialist » Sat Aug 06, 2011 12:43 am

Well whatever, enforce payment and if it's not enough, raise more taxes.

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Re: US Has No Ability to Pay Back Debt

Post by Gawdzilla Sama » Sat Aug 06, 2011 12:45 am

Exi5tentialist wrote:Well whatever, enforce payment and if it's not enough, raise more taxes.
The rich folks' property, the Republican build those loopholes into every tax bill. They're "legal", but intended to circumvent the spirit of the law. When their puppets make it a law that you can invest $5,000,000 dollars and claim depreciation of $15,000,000 the same year, we get to the point where we are now.
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Re: US Has No Ability to Pay Back Debt

Post by Exi5tentialist » Sat Aug 06, 2011 12:48 am

Well that's what the problem is then. Raise taxes. It's not an argument, it's an inevitability. The budget really needs to balance. Over time.

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