Until Republicans present a balanced budget, or a surplus to pay down debt. I find it hard to celebrate any tax cuts.

So the Top 1% going to get 40% of the refund right?

Teslag said:

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rgag12 said:

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Teslag said:

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You can't just "pay down the debt". Most of it is bonds with defined terms and service to the buyers.

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You're right. We should increase inflation instead. Better yet, let's give it to Zelensky and Ukes so they can buy more yachts

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Wtf? If I hold a bond why would I accept an early payoff if I'm under no obligation to?

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If we managed to start running surpluses...

1. Stop issuing or cut back on issuance of new treasury bonds.

2. Let old bonds mature.

3. Buy bonds from secondary market and cancel them.

That's how you "pay down" the debt.

Ulysses90 said:

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TA-OP said:

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Until Republicans present a balanced budget, or a surplus to pay down debt. I find it hard to celebrate any tax cuts.

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Your sackcloth and ashes become you. The very portrait of fiscal austerity.

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? So you don't want a balanced budget? If that's the case, just say so. Or, you just feel like trolling a liberal? I meant what I wrote, and that goes for whomever is in office. Republicans aren't "on-deck" anymore. Don't talk the talk if you're not going to walk the walk.

captkirk said:

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Brilliant move politically. Lets see the Dems lash out about sending taxpayers a refund check.

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They will ***** and moan about how the wealthy are getting "tax cuts".

techno-ag said:

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APHIS AG said:

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AndAg said:

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Pay down the debt! I don't need a refund if we're actually caring about our future.

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This. No more giveaways for that is what Democrats do.

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Psst. It's not a giveaway. It's our money we've already paid in. We can best decide how to direct those funds, not the gummint.

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So is it best to spend it or to use it toward our crushing debt problem?

bigblock said:

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What about the leeches that don't pay taxes? Are they going to get said dividend.

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What about the senators and congressmen that stole the money to begin with? They are taxpayers. Are they going to get a check?

PAY DOWN THE ****ING DEBT!!

techno-ag said:

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APHIS AG said:

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AndAg said:

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Pay down the debt! I don't need a refund if we're actually caring about our future.

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This. No more giveaways for that is what Democrats do.

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Psst. It's not a giveaway. It's our money we've already paid in. We can best decide how to direct those funds, not the gummint.

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The problem is that it is not only the individuals that pay taxes that will get a "refund" but also those, the 50%, that do not pay taxes.

That is why I referred it as a "giveaway".

dreyOO said:

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I hear you guys that wanna pay down the debt. That's exactly how I manage my own finances.

But this is also about winning the optics battle with a huge mass of uneducated idiots. I'm ok with getting a rebate until they can prove that less of my money is being routed to a corrupt cause.

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Exactly this. DOGE needs ongoing political capital to make deeper cuts. This is only the beginning. Ongoing cuts will save more in the long term. The short term fiscally responsible answer is lay the debt.


The politically prudent and long-term fiscal decision likley is rebates.

TA-OP said:

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Ulysses90 said:

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TA-OP said:

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Until Republicans present a balanced budget, or a surplus to pay down debt. I find it hard to celebrate any tax cuts.

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Your sackcloth and ashes become you. The very portrait of fiscal austerity.

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? So you don't want a balanced budget? If that's the case, just say so. Or, you just feel like trolling a liberal? I meant what I wrote, and that goes for whomever is in office. Republicans aren't "on-deck" anymore. Don't talk the talk if you're not going to walk the walk.

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I certainly do want a balanced budget. If my memory has failed me in regards to your past emphasis on the matter then I owe you an apology. It was my recollection that you tended to support the Democrat party's agenda for government.

I am able to celebrate even a modest reversal of the spending momentum we have seen over the past four years. It was truly unprecedented.

APHIS AG said:

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techno-ag said:

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APHIS AG said:

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AndAg said:

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Pay down the debt! I don't need a refund if we're actually caring about our future.

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This. No more giveaways for that is what Democrats do.

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Psst. It's not a giveaway. It's our money we've already paid in. We can best decide how to direct those funds, not the gummint.

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The problem is that it is not only the individuals that pay taxes that will get a "refund" but also those, the 50%, that do not pay taxes.

That is why I referred it as a "giveaway".

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I suspect Elon and others can find a way to only those who actually paid taxes

Weird chart. Completely ignores the CARES Act

Bad idea. Pay down the debt.
It sends a good message of fiscal responsibility.

bigblock said:

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What about the leeches that don't pay taxes? Are they going to get said dividend.

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https://www.dailymail.co.uk/news/article-14411613/Elon-musk-doge-dividend-check-Americans.html

Quote:

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'American taxpayers deserve a 'DOGE Dividend': 20% the money that DOGE saves should be sent back to hard-working Americans as a tax refund check.'

'It was their money in the first place! At $2 trillion in DOGE savings and 78 million tax-paying households, this is a $5,000 refund per household, with the remaining used to pay down the national debt. Elon Musk, let's do this! This is how we rebuild trust in our government.'

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Paying down the debt doesn't buy votes like a check does.

gabehcoud said:

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Paying down the debt doesn't buy votes like a check does.

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Why does Trump need votes?

infinity ag said:

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gabehcoud said:

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Paying down the debt doesn't buy votes like a check does.

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Why does Trump need votes?

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midterms

infinity ag said:

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gabehcoud said:

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Paying down the debt doesn't buy votes like a check does.

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Why does Trump need votes?

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Do you mean Don Jr., Eric, or Barron?

AndAg said:

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Pay down the debt! I don't need a refund if we're actually caring about our future.

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Me neither.
I am more than willing to forego any refund. Let's think about the future for our kids and grandkids.

Ulysses90 said:

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TA-OP said:

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Ulysses90 said:

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TA-OP said:

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Until Republicans present a balanced budget, or a surplus to pay down debt. I find it hard to celebrate any tax cuts.

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Your sackcloth and ashes become you. The very portrait of fiscal austerity.

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? So you don't want a balanced budget? If that's the case, just say so. Or, you just feel like trolling a liberal? I meant what I wrote, and that goes for whomever is in office. Republicans aren't "on-deck" anymore. Don't talk the talk if you're not going to walk the walk.

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I certainly do want a balanced budget. If my memory has failed me in regards to your past emphasis on the matter then I owe you an apology. It was my recollection that you tended to support the Democrat party's agenda for government.

I am able to celebrate even a modest reversal of the spending momentum we have seen over the past four years. It was truly unprecedented.

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You are correct.

Most short term thinking people.

Cibalo said:

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So the Top 1% going to get 40% of the refund right?

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In a just world, yes.

AgResearch said:

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Hell no to more inflation checks!!!

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You know that you do not have to spend it?

APHIS AG said:

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AndAg said:

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Pay down the debt! I don't need a refund if we're actually caring about our future.

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This. No more giveaways for that is what Democrats do.

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Not a giveaway if it was my money.

Over dinner my husband and I were doing the math and How much we have paid in taxes over the last 15 years and if our math is correct we have sent our government over $1 Million dollars.

Now that I am seeing what all those funds were spent on with all the NGOs and kickbacks to our officials and other government officials… give me my f-ing money back! Those of us that have been paying these taxes deserve to be repaid.

DX2011 said:

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Not a fan. Balance the budget and then maybe, but even then, pay off some of the last few years debt.

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They're not going to get anywhere close to balancing the budget much less paying off any years' of debt.

Sending any money as refunds is simply buying votes.

Swan Song said:

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Over dinner my husband and I were doing the math and How much we have paid in taxes over the last 15 years and if our math is correct we have sent our government over $1 Million dollars.

Now that I am seeing what all those funds were spent on with all the NGOs and kickbacks to our officials and other government officials… give me my f-ing money back! Those of us that have been paying these taxes deserve to be repaid.

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Sorry to break it to you dear, but the money is GONE.

Trump is just stopping payments that were scheduled to go out but have not gone out yet. He won't be able to get the money that was used to do sex changes in Guatemala or promote LGBTQ oin Rwanda as someone along the way has eaten it up.

Gone.

At most, he can find who okayed it and prosecute them.

So there is no money other than the one earmarked for spending on worthless stuff but now will remain in the treasury. That money should not be given out as refunds, that money should be used for legitimate Govt expenditure (I say pay down the debt)

If the dems force Trump to spend the allocated funds this is the only way

infinity ag said:

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Swan Song said:

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Over dinner my husband and I were doing the math and How much we have paid in taxes over the last 15 years and if our math is correct we have sent our government over $1 Million dollars.

Now that I am seeing what all those funds were spent on with all the NGOs and kickbacks to our officials and other government officials… give me my f-ing money back! Those of us that have been paying these taxes deserve to be repaid.

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Sorry to break it to you dear, but the money is GONE.

Trump is just stopping payments that were scheduled to go out but have not gone out yet. He won't be able to get the money that was used to do sex changes in Guatemala or promote LGBTQ oin Rwanda as someone along the way has eaten it up.

Gone.

At most, he can find who okayed it and prosecute them.

So there is no money other than the one earmarked for spending on worthless stuff but now will remain in the treasury. That money should not be given out as refunds, that money should be used for legitimate Govt expenditure (I say pay down the debt)

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Be sure to keep this argument on tap when SS is eliminated as it should.

MemphisAg1 said:

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Rebates should only be sent to people who actually pay income tax on a net basis.

Those who don't pay income tax or get refunds greater than their tax due have no skin in the game.

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One of the few times I'll go with this line of thinking

AndAg said:

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Pay down the debt! I don't need a refund if we're actually caring about our future.

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Disagree. That refund can help fund what could become increased revenues in the future that will pay MORE debt.

The only times we've REALLY decreased taxes in this country, at least in recent history, was the early '60s under JFK and 20 years later under Reagan. Both times, we saw huge economic booms that were interrupted by tax INCREASES later. The tax reform act of '86, disguised as a cut, and in some ways it may have been, was a defacto increase due to what it did to passive real estate losses and other so-called loophole changes. It took us a decade to get out of that mess.

If Trump can foster a JFK/Reagan type economic boom, we'll see 12+ years of Republican administrations.

Lathspell said:

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That would make Dems... I don't even know what. Their heads are already spinning. If Trump not only saves all the money but then returns it to the people, that would be a massive blow to the leftist talking points.

"Those evil Nazis gave you your money back! You should be angry!"

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democrat: "EVIL ELON MUSK CUTTING GOV JOBS TO PAY LESS TAX! SELFISH BILLIONAIRE!"