US national debt hits a new record: $36 trillion

Originally posted by: David Miller

  You are full of excuses and shit - as usual, Karen


Any fool knows that a budget has to account for both spending AND revenue. Whining about the budget without considering how revenue was choked off by Trump is stupid.

 

You, Daisy, are stupid.

Stupid Tom, that would have required the cooperation of the House--and the MAGAs have blocked everything Biden has tried to do.

 

The democrats had full control for 2 years and never attempted to repeal those tax changes

 

The Republicans decided to choke off tax revenue from their rich corporate buddies. That contributes to the deficit.

 

There are more millionaires that are democrats than Republicans.  I don't see them volunteering to pay more taxes.

 

From Newsweek

Data shows wealthier Americans are now solidly behind the Democratic Party, a generational realignment that has altered power dynamics in D.C.

 

In a CNBC survey, America's millionaires said they are more likely to support Biden over Trump in the upcoming presidential election by double-digit margins.

 

And this has been submitted before but stupid kevin can't handle the truth.

 

https://taxfoundation.org/data/all/federal/latest-federal-income-tax-data-2024/

 

The average income tax rate in 2021 was 14.9 percent. The top 1 percent of taxpayers paid a 25.9 percent average rate, nearly eight times higher than the 3.3 percent average rate paid by the bottom half of taxpayers.

 

The top 1 percent’s income share rose from 22.2 percent in 2020 to 26.3 percent in 2021 and its share of federal income taxes paid rose from 42.3 percent to 45.8 percent

 

The top 50 percent of all taxpayers paid 97.7 percent of all federal individual income taxes, while the bottom 50 percent paid the remaining 2.3 percent.

Stupid Tom pretends to not know that major tax policy changes have to be approved by a House supermajority. Biden has never had that to work with.

 

Stupid Tom might be thinking of when Trump and MAGA broke that law in 2018. But Biden had more ethics than Trump, so he didn't try that dodge ("reconciliation").

 

Stupid, lying, Trump-licking foolish old Tom.

 

 

Stupid Tom has done his research and found...wait for it...that people with higher incomes pay more income taxes!!!

 

Way to go, stupid Tom!!

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