Dept. of Government Efficiency - Elon/Vivek leading DOGE
- Thread starter scotchtiger
- Start date
Absurd concept. For a SC resident:
91% federal income tax
1.45% Medicare tax (plus employer tax)
0.9% Medicare surcharge tax
6% state income tax
Total = 99.35% tax rate
So you get less than a penny for every incremental dollar you earn. And if you factor in the employer side tax or are self-employed, you will somehow pay more in taxes than you earn.
Completely absurd. 37% is fine for a top rate. Maybe add 40% for income over $5M if you want to squeeze more from the top.
My guy, you and I both know that’s not how our progressive tax system works. In 1950, every dollar over $200k ($2.5m in today’s dollars) was taxed at 91%. Hence the 42% effective rate in the article you didn’t read
Did you not notice the word “incremental” in my post? That addresses the marginal tax rate issue you raise. I was accurate.
Ok so you agree with my original statement. Good to know.
Absolutely right. It is nothing but theft that the government get to hold a gun to your head and take anything that a person earns without their say. We should absolutely do away with the IRS and go back to when there was no income tax. I am fine with a federal sales tax and we could discuss what that should look like, but whatever it is at least I get to decide how much of my money I pay in taxes.
They will get nowhere close to "savings" of $1 trillion. Even $1 trillion would not balance the budget nor eat into the debt. Therefore, no reduction in interest rates.
Didn’t read your previous post but surely you see that the current corporate tax rate isnt how we should be moving forward.
You should be more upset with that than the person who might pay little in taxes but also can’t afford to buy a home.
or maybe its because i deal with a lying pos like you everyday...Things like this is why you're radicalized. You only dwell in the trash.
The US Marshals Service has deputized members of Elon Musk’s private security detail, giving them certain rights and protections of federal law enforcement agents.
Musk is not eligible to have a US Secret Service detail – meaning members of his personal security detail were limited in what they could do in Washington, DC.
Now that members have been deputized, they have more rights and could be authorized to carry weapons on federal grounds.
Alexander Hamilton was an aide-de-camp for General George Washington at 20.
At 24, he commanded the attack that won the Battle of Yorktown and secured American independence.
At 29, he wrote the final report of the Annapolis Convention, which put out the call for a new Constitutional Convention for America.
At 30, he was the only man from New York to sign the Constitution, and wrote the Federalist Papers.
So tell me, why exactly can't Elon Musk recruit genius 20-somethings to help fix America's broken government?
I addressed the corporate tax rate issue in my post you didn’t read. Though I’m not so sure the actual rate is the problem, but rather the lack of guardrails when the rate reduction was implemented (ie a lot went to stock buybacks).
In general, we should anchor around this. Government should be limited in scope. People should be self-sufficient. People should keep the vast majority of what they earn. These are basic concepts that 100% of Americans should agree on.
That’s a pretty broad generalization that lacks a lot of nuance. You are successful and that is great. You don’t need assistance from government in your life. Nor do I. It’s a blessed place to be.
We should all strive to be self sufficient for sure. But unfortunately life sometimes doesnt care about that and government is necessary to help balance society.
We just see it differently.
I’ve been clear that I support assistance for children, mentally and physically handicapped, single moms, etc. But able-bodied, working age adults shouldn’t need anything from the government other than broader things like infrastructure, some regulation, national defense, etc.
So your take is we should do nothing?
I don't think that will win an election or fix our problems.
Compared to what he's doing, doing nothing would have been a more sound financial decision.
Scott Curtis served in the military and had a leadership role in a critical agency. He says he still was kicked “to the curb” by Trump and Musk.
"A TOP-RANKING REGIONAL FEMA OFFICIAL who took Elon Musk’s resignation deal was fired thirteen days later by the Trump administration, raising questions about the integrity of the program that the White House put together to off-ramp tens of thousands of federal employees.
Scott Curtis, a retired Navy captain, had served as the chief of staff at FEMA Region 7, which encompasses Kansas, Missouri, Iowa, and Nebraska. Like most other federal workers, he received the infamous “Fork in the Road” email that Musk’s DOGE operation sent out through the Office of Personnel Management (OPM) on January 28, offering him the chance to resign from his post while retaining “all pay and benefits regardless of your daily workload” and an exemption from “in-person work requirements” through the end of September. Recipients were given until February 6 to accept the offer.
Despite some skepticism, Curtis concluded that as a 55-year-old, retired military officer with a pension—and experience as an engineer with a specialization in aircraft carrier nuclear power systems—he had future prospects. So on the morning of February 4, two days before the deadline, he replied to the Fork in the Road email in the manner it prescribed, with a single word: “Resign.” The next day he received a terse reply from the [email protected] account acknowledging receipt: “We received your email response. We will reply shortly.” (Curtis provided copies of both emails to The Bulwark.)
But OPM did not reply shortly. In fact, it didn’t reply to Curtis at all, including after the deferred resignation program was temporarily paused by a federal judge and when it was subsequently allowed to resume.
Instead, this past Monday, the acting deputy regional administrator called Curtis to inform him that his job was being terminated. Despite having served 32 years in the Navy, Curtis had only recently joined FEMA—starting in July 2024—meaning he was still in a ”probationary” employment phase, during which he was easier to fire. He went to his office to collect his personal effects but was turned away. As of this writing, his belongings still have not reached him."
Are you proud of this? They're literally firing every expert and that excites you? Take a long look in the mirror to see what you've become because this is a sick, twisted thing to celebrate.
We don't take financial advice from democrats. They had the worst inflation in 50 years and then wanted to pass the massively inflationary BBB.
Ooooweee you think inflation was just a US thing huh.
Better brush up on your economics for your White Wall Street event.
If they were good they wouldnt lose their jobs if those jobs was needed to begin with...Yay! Let's celebrate good public servants indiscriminately losing their jobs!
Leftist bankrupt every country they takeover and the people are forced to eat their pets and cockroaches...
Hmmmmm
A project that was to cost 33 Billion and be completed by 2020 is now projected to cost $330 Billion. Yeah, that's not worth inspection is it.
Especially considering the fact AMERICAN DON'T RIDE TRAINS!
What a waste.
Because 9-11 caused unique new cancers to come about that impact all Americans?
More than quarter of this country was born post 9-11 and less than 1% of our population was in NYC during 9-11. So why are we worried about a $275k contract for a for an issue that's likely not an issue?
Mach nichts
More than quarter of this country was born post 9-11 and less than 1% of our population was in NYC during 9-11. So why are we worried about a $275k contract for a for an issue that's likely not an issue?
Mach nichts
When you cut things with a chainsaw as fastyou can its not going to be without mistakes. It is unfortunate that it has to be done.
Hmmmmm
I wasn't even referring to the cost, only the rage from constituents who mostly favor the completion of the project. You've also got some wild numbers there that I haven't seen anywhere else but keep in mind that the expenditures end up creating almost double that amount in economic activity so it's not for nothing. Additionally, they're already actively building 171 miles of it and 50 structures so it would be a waste to not get it completed. If it needs to be managed better, then get better managers but it needs to be completed because I assure you, they won't lack for passengers when it's done.
We don’t have time to protect everyone’s feelings. The left will scream and lie no matter what they do.
We have 36 trillion in debt and going up another trillion this year.
If firing tens of thousands of federal employees with lifetime benefits and cancelling billions in payments isn’t reducing government than go back to school.
You don’t tell a criminal syndicate like the bureaucracy to do anything. You go in and take it down and start prosecuting crooks.