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Re: The DOGE refund proposal [Re: Backwards cowboy] #4288777
02/19/25 05:39 PM
02/19/25 05:39 PM
Joined: Jun 2014
Posts: 4,755
Jasper Al
E
eclipse829 Offline
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eclipse829  Offline
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Jasper Al
Originally Posted by Backwards cowboy
Originally Posted by abolt300
Originally Posted by Skinny
Elon says a refund of $5,000 for each taxpayer. https://x.com/i/trending/1892271925004509511
Thats the proposal he threw out there.

I'm not for it. In saying "taxpayer", he's referring to everyone filing tax returns. If it is decided that refunds are to be issued, then refunds should be a percentage of what you actually paid in in federal taxes. Not witholdings for payments to SS and Medicare, actual federal taxes going into the general fund. Didn't pay in anything to federal taxes, no refund. Lots of people file returns that do not end up paying a penny into federal income tax. 47% to be exact.

I'm not for just giving people free money. They'll blow it all on vacations, purchasing stuff they cannot afford to make the payments to keep, and BS just like they did the covid money and it'll just put more dollars into the system, increasing the velocity of money almost instantaneously, which in turn will create significant increases in across the board inflation several months later.

Honestly, a refund should not be issued. Everything saved should be used to reduce the national debt, with a small portion side aside to pay for the prosecution of those crooks behind it, for building the gallows to stretch those necks, and the ropes to do it with. A message needs to be sent, and it needs to be sent harshly, so that everyone understands. "Never again"



Amen, if you have a hundred dollars taken out of your check every week, and get a 7k taxes refund, YOU DONT PAY income TAXES!! Gland to see this posted.



Yep. Lots of folks hollering "Give me back what I've paid my entire life" They don't understand what they actually paid? Most folks looking at what's cut from their check as a whole. State, Fed, Fica, etc. Elon is looking at federal $'s. They also don't understand that like your example, that they don't usually pay what was cut when it's all said and done. They get cut $4500 Fed for the year and get a $3700 refund. You only paid $800. Most are just seeing $ signs.

I also see a lot if folks calling for all of their debt to be canceled because of the waste? What the hell? That's some liberal shucks. It's your debt, you are responsible for it. Not the government

I don't need a government hand out. Put the money towards the debt.


Killing my neighbors deer since 1982
Re: The DOGE refund proposal [Re: eclipse829] #4288779
02/19/25 05:43 PM
02/19/25 05:43 PM
Joined: Nov 2014
Posts: 13,816
Montgomery, Alabama
jaredhunts Online content
Puts sugar in his cornbread!
jaredhunts  Online Content
Puts sugar in his cornbread!
Joined: Nov 2014
Posts: 13,816
Montgomery, Alabama
Originally Posted by eclipse829
Originally Posted by abolt300
Originally Posted by Skinny
Elon says a refund of $5,000 for each taxpayer. https://x.com/i/trending/1892271925004509511
Thats the proposal he threw out there.

I'm not for it. In saying "taxpayer", he's referring to everyone filing tax returns. If it is decided that refunds are to be issued, then refunds should be a percentage of what you actually paid in in federal taxes. Not witholdings for payments to SS and Medicare, actual federal taxes going into the general fund. Didn't pay in anything to federal taxes, no refund. Lots of people file returns that do not end up paying a penny into federal income tax. 47% to be exact.

I'm not for just giving people free money. They'll blow it all on vacations, purchasing stuff they cannot afford to make the payments to keep, and BS just like they did the covid money and it'll just put more dollars into the system, increasing the velocity of money almost instantaneously, which in turn will create significant increases in across the board inflation several months later.

Honestly, a refund should not be issued. Everything saved should be used to reduce the national debt, with a small portion side aside to pay for the prosecution of those crooks behind it, for building the gallows to stretch those necks, and the ropes to do it with. A message needs to be sent, and it needs to be sent harshly, so that everyone understands. "Never again"



^^^^THIS

Remember 2020/21. You put that much cash in the market and it will cipple us more. $1400 ea created massive shortages and price increases. .Folks would lay out of work for a week or 2 if they got $5k.

More to it than that. The supply chain was stopped or put on a crawl.


It be's that way sometimes.

www.sunpoolcompany.com
Re: The DOGE refund proposal [Re: Skinny] #4288780
02/19/25 05:45 PM
02/19/25 05:45 PM
Joined: Feb 2007
Posts: 21,931
colbert county
cartervj Online content
Freak of Nature
cartervj  Online Content
Freak of Nature
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Posts: 21,931
colbert county
If it went towards the debt would it not send inflation going the other direction and would benefit everyone


“Socialism only works in two places: Heaven where they don't need it and hell where they already have it.” ― Ronald Reagan
Re: The DOGE refund proposal [Re: Skinny] #4288783
02/19/25 05:47 PM
02/19/25 05:47 PM
Joined: Nov 2013
Posts: 3,508
Central Al
twaldrop4 Online content
10 point
twaldrop4  Online Content
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Posts: 3,508
Central Al
Somebody teach me. How can it make inflation worse. Inflation to my understanding is caused by putting non existent money into the system. While I understand that the purposed refunds wouldn’t alleviate inflation how would it make it go up when said money is already in circulation.

It’s almost funny that people think it should go to pay down the national debt. That’s trusting the people that have proven to do the wrong thing multiple times to suddenly do the right thing. I get it that trumps exposing and fixing but anybody that thinks this is more than a temporary reprieve is naive. Unless you get another man that has similar views and goals as Trump, 2028 will start the goat roping right back up. And I’m not sold on JD yet. I’m not convinced he’s not a politician like the rest of them just yet.

Re: The DOGE refund proposal [Re: cartervj] #4288785
02/19/25 05:51 PM
02/19/25 05:51 PM
Joined: Nov 2014
Posts: 13,816
Montgomery, Alabama
jaredhunts Online content
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Posts: 13,816
Montgomery, Alabama
Originally Posted by cartervj
If it went towards the debt would it not send inflation going the other direction and would benefit everyone

It will help the debt, deficit and inflation. In tandem with reduced fuel prices, it would make some headway in some sectors. Most of these prices on material goods are here to stay. Concrete is not going back to 75$ a yard, among other things. You don’t want to build a house and sell it tomorrow for 200k$, when the same house was built and sold yesterday for 300k$. That would screw up a lot of things. Lower the interest rate.

Last edited by jaredhunts; 02/19/25 05:52 PM.

It be's that way sometimes.

www.sunpoolcompany.com
Re: The DOGE refund proposal [Re: Skinny] #4288786
02/19/25 05:55 PM
02/19/25 05:55 PM
Joined: Jan 2005
Posts: 24,502
Clarksville, TN /Greenville, ...
bill Offline
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bill  Offline
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Clarksville, TN /Greenville, ...
My suspicion is they are going to do it. I think Trump believes it's necessary to show those on the fence that the media is lying to them about Doge and what Trump is trying to do for the people. I think he might be right. It would kill this narrative that Elon and Trump are just trying to enrich themselves.


" I do view Jim Waltz as a really good Presidential candidate"
Bama_Earl
Re: The DOGE refund proposal [Re: Skinny] #4288787
02/19/25 05:56 PM
02/19/25 05:56 PM
Joined: Jan 2022
Posts: 1,853
Xroads
B
Backwards cowboy Offline
8 point
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Xroads
If you want to stop inflation, the answer is to stop taking the taxes, not give them back. This is the problem with politics, they take very complex situations, try to make them simple, because most people don't understand how they work, then make it sound good to the people their pandering to. And people fall for it everyday!

Re: The DOGE refund proposal [Re: bill] #4288788
02/19/25 06:02 PM
02/19/25 06:02 PM
Joined: Aug 2006
Posts: 9,555
Andalusia, Covington County, A...
TexasHuntress Offline
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Andalusia, Covington County, A...
Originally Posted by bill
My suspicion is they are going to do it. I think Trump believes it's necessary to show those on the fence that the media is lying to them about Doge and what Trump is trying to do for the people. I think he might be right. It would kill this narrative that Elon and Trump are just trying to enrich themselves.


This is true, but it won't help in the long run. If he does, maybe only do $1K and apply the rest to the debt. But, then there will be detractors who say he is not really following through on what he said he would do about wasteful spending. Kind of a catch-22 I think.

I, also, agree that only those who actually paid taxes should get any kind of refund/rebate if he does this.

Nothing will be fixed long term if we don't get the country out of debt and figure out how to live within our means.


If you live to be a hundred, I want to live to be a hundred minus one day, so I never have to live without you.---Winnie the Pooh
Re: The DOGE refund proposal [Re: Skinny] #4288800
02/19/25 06:25 PM
02/19/25 06:25 PM
Joined: Jan 2001
Posts: 27,322
Fayetteville TN Via Selma
jawbone Offline
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Who knows if it is a good thing or not, but one thing for sure is it will get the base of the Democrat party to shut up about DOGE for a while anyways.


Lord, please help us get our nation straightened out.
Re: The DOGE refund proposal [Re: bill] #4288813
02/19/25 06:47 PM
02/19/25 06:47 PM
Joined: Jul 2005
Posts: 3,796
Jackson County
C
CD Offline
10 point
CD  Offline
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Posts: 3,796
Jackson County
Originally Posted by bill
My suspicion is they are going to do it. I think Trump believes it's necessary to show those on the fence that the media is lying to them about Doge and what Trump is trying to do for the people. I think he might be right. It would kill this narrative that Elon and Trump are just trying to enrich themselves.



I think you’re right. Trump wants to win the fence sitters over. I’d rather get a tax credit than a dividend check. Put the DOGE money towards the deficit, and let me pay in a little less.

Last edited by CD; 02/19/25 06:56 PM.
Re: The DOGE refund proposal [Re: Skinny] #4288817
02/19/25 06:53 PM
02/19/25 06:53 PM
Joined: Feb 2007
Posts: 21,931
colbert county
cartervj Online content
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colbert county
I’m still mad Trump sent out those checks his last time in

Biden tried down on it and here we are


“Socialism only works in two places: Heaven where they don't need it and hell where they already have it.” ― Ronald Reagan
Re: The DOGE refund proposal [Re: jaredhunts] #4288820
02/19/25 06:58 PM
02/19/25 06:58 PM
Joined: Feb 2007
Posts: 21,931
colbert county
cartervj Online content
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colbert county
Originally Posted by jaredhunts
Originally Posted by cartervj
If it went towards the debt would it not send inflation going the other direction and would benefit everyone

It will help the debt, deficit and inflation. In tandem with reduced fuel prices, it would make some headway in some sectors. Most of these prices on material goods are here to stay. Concrete is not going back to 75$ a yard, among other things. You don’t want to build a house and sell it tomorrow for 200k$, when the same house was built and sold yesterday for 300k$. That would screw up a lot of things. Lower the interest rate.



Yep deflation will be a part of it too. I think it’s all part of it. Too many overvaluations across the board.

Heck I still recall $22 a yard concrete but houses were $25 a foot to build and sold for $30 give or take. Of course those houses today would be low scale rentals or duplex’s compared with today’s build. Our customs back then would be middle of the road today. The amenities are unreal comparatively

Last concrete poured at the house was a little over $100 a yard and our friend sent it,
they pour a lot. His contract pricing was in the $70s and wouldn’t let us pay him. Kept saying he’d lost the invoice. 19 yards


“Socialism only works in two places: Heaven where they don't need it and hell where they already have it.” ― Ronald Reagan
Re: The DOGE refund proposal [Re: cartervj] #4288822
02/19/25 07:00 PM
02/19/25 07:00 PM
Joined: Nov 2014
Posts: 13,816
Montgomery, Alabama
jaredhunts Online content
Puts sugar in his cornbread!
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Puts sugar in his cornbread!
Joined: Nov 2014
Posts: 13,816
Montgomery, Alabama
Originally Posted by cartervj
I’m still mad Trump sent out those checks his last time in

Biden tried down on it and here we are

I would rather him give the money to us rather than too big to fail type chit. The whole world was falling apart in front of us in 2020.


It be's that way sometimes.

www.sunpoolcompany.com
Re: The DOGE refund proposal [Re: Skinny] #4288824
02/19/25 07:04 PM
02/19/25 07:04 PM
Joined: Jan 2007
Posts: 14,257
Hoover
burbank Offline
Booner
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Hoover
Send it!! Daddy needs some new toys!

Re: The DOGE refund proposal [Re: Skinny] #4288825
02/19/25 07:05 PM
02/19/25 07:05 PM
Joined: Oct 2017
Posts: 1,320
Georgia
howl Offline
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In order for it to cause inflation, there has to be a net increase in dollars put into the economy. If they're just putting the dollars into household accounts rather than sending it down through .gov and NGO paychecks, there's no difference than status quo.

Re: The DOGE refund proposal [Re: howl] #4288831
02/19/25 07:10 PM
02/19/25 07:10 PM
Joined: Nov 2013
Posts: 3,508
Central Al
twaldrop4 Online content
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Originally Posted by howl
In order for it to cause inflation, there has to be a net increase in dollars put into the economy. If they're just putting the dollars into household accounts rather than sending it down through .gov and NGO paychecks, there's no difference than status quo.



That’s what I’m saying. Theres no increase in the amount of money in circulation with these refunds therefore there should be 0 effect on inflation. It’s just taking money from one place and putting it in another. I’m not saying it’s a good idea but it’s not going to make inflation worse. Conversely, if the money is refunded it doesn’t matter whether it’s blown or not it, it will create more business for somebody in some sector which should stimulate the economy a little.

Re: The DOGE refund proposal [Re: Skinny] #4288832
02/19/25 07:11 PM
02/19/25 07:11 PM
Joined: Feb 2007
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colbert county
cartervj Online content
Freak of Nature
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colbert county
You do have a point. But it helped bring on the inflation


“Socialism only works in two places: Heaven where they don't need it and hell where they already have it.” ― Ronald Reagan
Re: The DOGE refund proposal [Re: cartervj] #4288833
02/19/25 07:15 PM
02/19/25 07:15 PM
Joined: Nov 2013
Posts: 3,508
Central Al
twaldrop4 Online content
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Originally Posted by cartervj
You do have a point. But it helped bring on the inflation

Without question it was huge contributor to inflation but at this point the moneys here. It’s beyond frustrating that we even are having this conversation. We’ve been robbed for decades.

Re: The DOGE refund proposal [Re: Skinny] #4288841
02/19/25 07:29 PM
02/19/25 07:29 PM
Joined: Aug 2001
Posts: 72,326
Luverne, AL
Skinny Offline OP
GUVNER
Skinny  Offline OP
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Biden stimulus checks for a thousand sold a lot of bad car loans.


"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
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Re: The DOGE refund proposal [Re: Skinny] #4288847
02/19/25 07:41 PM
02/19/25 07:41 PM
Joined: Apr 2017
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Ourtown, AL
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I can’t help but wonder why Elon And DJT haven’t hired some our resident financial experts for the DOGE team.


We’re not dead. We just smell that way. Dayum. - AC870

Yessir! I’m always gonna shoot what makes me happy and I want everyone else to do the same! If you shoot one be proud of it and don’t worry what anyone else thinks. - SJ22
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