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TAX DOOM! Peter Schiff: Democrats are now the fiscally responsible party, the tax bill will add $3 trillion to the debt

 
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12/16/2017 05:50 PM
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TAX DOOM! Peter Schiff: Democrats are now the fiscally responsible party, the tax bill will add $3 trillion to the debt
POLL: Are Democrats now the fiscally responsible party?
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Synopsis: People will game the tax system now more than ever. Some people may try to earn less money to avoid paying more taxes. The U.S. national debt will double in the next eight years, deficits will explode, government revenues will decrease, and government spending will increase.

In a word, TAX DOOM!


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Last Edited by plus on 12/16/2017 05:51 PM
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12/17/2017 11:25 AM
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Re: TAX DOOM! Peter Schiff: Democrats are now the fiscally responsible party, the tax bill will add $3 trillion to the debt
Thread: Bishop Leon Benjamin: Trump tax plan is a 'win-win-win' (finally a good black man who gets it)

hmm
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12/17/2017 11:54 AM
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Re: TAX DOOM! Peter Schiff: Democrats are now the fiscally responsible party, the tax bill will add $3 trillion to the debt
Their term they added 9 trillion to the debt. More than all presidents administrations did since George Washington thru to GW Bush combined. IF a DemoRAT is talking their lyin never forget
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12/17/2017 11:58 AM
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Re: TAX DOOM! Peter Schiff: Democrats are now the fiscally responsible party, the tax bill will add $3 trillion to the debt
Just read economist report ..looks like 2018 is going to be through the roof economically. Looking at 35,000 to 40,000 stock market. The revenue from all that business that will now explode because Barry and his anti business agenda has been destroyed we are in for a huge year. Foreign investors are heading here along with trillions of offshore corporate funds which were on ice while the LOUSY dems were I power is now coming home. But GOLD and Silver still excellent place to be because although business will be phenominal interest rates will soar.
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12/17/2017 12:00 PM
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Re: TAX DOOM! Peter Schiff: Democrats are now the fiscally responsible party, the tax bill will add $3 trillion to the debt
But, But, But WHAT ABOUT OBAMA !!!!

But, But, But WHAT ABOUT HILLARY !!!

.
SNOWIE

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12/17/2017 12:08 PM
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Re: TAX DOOM! Peter Schiff: Democrats are now the fiscally responsible party, the tax bill will add $3 trillion to the debt
Anyone who is idiotic enough to believe a word from Peter Schiff gets what they deserve.
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12/17/2017 12:45 PM
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Re: TAX DOOM! Peter Schiff: Democrats are now the fiscally responsible party, the tax bill will add $3 trillion to the debt
Synopsis: People will game the tax system now more than ever. Some people may try to earn less money to avoid paying more taxes. The U.S. national debt will double in the next eight years, deficits will explode, government revenues will decrease, and government spending will increase.

In a word, TAX DOOM!


[link to www.youtube.com (secure)]
 Quoting: plus


bsmeter2
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12/17/2017 01:17 PM
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Re: TAX DOOM! Peter Schiff: Democrats are now the fiscally responsible party, the tax bill will add $3 trillion to the debt
3 Trillion wont be added once we stop the bleeding

Open borders
Immigrants taking jobs
Paying 300 billion welfare per year to illegals
Allowing tax free outsourcing
Not taxing Chinese imports
Shrink government
AND STOP FACTITIOUS PROGRAMS LIKE "bailouts" and "aid" to countries who are really just slopping op out counterfeit.

It will work out.
Anonymous Coward
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12/19/2017 08:34 PM
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Re: TAX DOOM! Peter Schiff: Democrats are now the fiscally responsible party, the tax bill will add $3 trillion to the debt
Their term they added 9 trillion to the debt. More than all presidents administrations did since George Washington thru to GW Bush combined. IF a DemoRAT is talking their lyin never forget
 Quoting: Anonymous Coward 73797368


No one gets it, it's the MATH of the system, REGARDLESS OF WHO'S IN POWER each new president will create debt = to ALL previous presidents.

Our fiat currency demands new debt creation to remain solvent and that's the problem at it's core so until you change the underpinning of the system, the runaway debt WON"T EVERY CHANGE.

On this topic everything else is Kabuki theater...
Anonymous Coward
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12/19/2017 08:40 PM
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Re: TAX DOOM! Peter Schiff: Democrats are now the fiscally responsible party, the tax bill will add $3 trillion to the debt
3 Trillion wont be added once we stop the bleeding

Open borders
Immigrants taking jobs
Paying 300 billion welfare per year to illegals
Allowing tax free outsourcing
Not taxing Chinese imports
Shrink government
AND STOP FACTITIOUS PROGRAMS LIKE "bailouts" and "aid" to countries who are really just slopping op out counterfeit.

It will work out.
 Quoting: Anonymous Coward 35676288


It won't, the dollar is debt backed, it's loaned into existence, with interest. The debt must continuously expand or the system fails.

Even if you eliminated all these programs, something else would step up to demand more debt because it's what the federal reserve needs to keep the Ponzi scheme afloat.

Until the foundational assumptions of our currency are changed, the debt will continue to grow REGARDLESS.

The ONLY thing you can do is to convert the third order wealth you acquire, to first order or second order wealth before the music stops (the debt bomb). That's the game, in a nutshell. I had thought years ago, it would crash but it's surprisingly resilient so be smart, make dollars, convert to something tangible and persistent.
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12/19/2017 08:45 PM
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Re: TAX DOOM! Peter Schiff: Democrats are now the fiscally responsible party, the tax bill will add $3 trillion to the debt
they need to stop being a bunch of pussy rinos and cut spending

STOP THE HANDOUTS





GLP