RE: Venmo, PayPal required to report transactions above $600 to IRS

RE: Venmo, PayPal required to report transactions above $600 to IRS (Full Version)

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BoscoX -> RE: Venmo, PayPal required to report transactions above $600 to IRS (3/10/2023 6:24:54 AM)
quote: ORIGINAL: MasterJaguar01 quote: ORIGINAL: BoscoX Trillions and trillions and trillions in new spending... Massive deficits as far as the eye can see, with rising interest rates on that crushing debt, and bald-faced lies from the Teleprompter-In-Chief to match White House Promises Tax Increases Ummm Biden has reduced the deficit from the Trump days and his budget is designed to reduce it even further Wow.... "The Trump days" - when Wuhan Fauci unleashed death on the world, and every nation on the planet blew out their budgets fighting the monster he unleashed We don't spend at THAT level today "proving" that "Democrats" <spit> are fiscal conservatives And mindless lemmings buy into that literal propaganda Seriously, are you that stupid, or are you this much of a despicable low-down liar and con man quote: McCarthy: $10.5T of interest costs on debt over 10 years 'one of the greatest threats' to U.S. House GOP leaders and other lawmakers were briefed by the Congressional Budget Office on Wednesday, which projected that over the next 30 years, the debt held by the public will reach 195% of the nation's GDP. https://justthenews.com/government/congress/mccarthy-105t-interest-costs-debt-over-10-years-one-greatest-threats-us Biden's handler's pretend budget predicts a 50 trillion dollar deficit by 2033, and they propose massive crushing tax hikes. So not only do we get hit with their astronomical inflation tax along with trillions in interest payments alone, but we get the triple whammy of astronomical REGULAR taxes Pile on how they are strangling affordable energy for "Green New Deal" billionaire investors and their crippling regulations on everything else and it becomes clear that this is the plan to hand the USA and indeed the world over to China on a golden platter quote: President Biden’s budget proposal is pure lunacy. It would create a $50 trillion national debt. We can’t afford to keep printing money. https://twitter.com/SenTedCruz/status/1634022614526984193?s=20

MasterJaguar01 -> RE: Venmo, PayPal required to report transactions above $600 to IRS (3/11/2023 12:48:37 PM)
quote: President Biden’s budget proposal is pure lunacy. It would create a $50 trillion national debt. We can’t afford to keep printing money. https://twitter.com/SenTedCruz/status/1634022614526984193?s=20 So, now we are listening to Ted Cruz for financial advice? A failed internet roll masquerading as a US Senator. None of this has been scored by the CBO. Until it is, I have no interest in anyone's opinion. Least of all, Ted Cruz. (Who said nothing when the Trump admin was increasing the deficit year over year)

BoscoX -> RE: Venmo, PayPal required to report transactions above $600 to IRS (3/11/2023 6:53:41 PM)
quote: ORIGINAL: MasterJaguar01 So, now we are listening to Ted Cruz for financial advice? A failed internet roll masquerading as a US Senator. None of this has been scored by the CBO. Until it is, I have no interest in anyone's opinion. Least of all, Ted Cruz. (Who said nothing when the Trump admin was increasing the deficit year over year) Keep preaching out of ignorance, it's your superpower (or something) US on Pace to Add $19 Trillion to National Debt Over Next Decade: CBO When your propaganda feeds tell you that your cult is "cutting the deficit" they aren't really talking about cutting the debt That's what you are supposed to believe because they're counting on you being stupid. Peek behind the Wizard's curtain and you will see that on the paper they have Biden waving around it says that the rate of growth of deficit spending will be shaved the tiniest bit - as we add trillions and trillions and trillions to our mountain of crushing debt, year after year

MasterJaguar01 -> RE: Venmo, PayPal required to report transactions above $600 to IRS (3/11/2023 7:17:31 PM)
quote: ORIGINAL: BoscoX When your propaganda feeds tell you that your cult is "cutting the deficit" they aren't really talking about cutting the debt BoscoX - As long as the deficit is greater than zero, the debt will increase. (As it has under every Republican President) My point is Ted Cruz doesn't know his ass from a hole in the ground and has no knowledge of the concepts of debt and deficit.

BoscoX -> RE: Venmo, PayPal required to report transactions above $600 to IRS (3/11/2023 8:17:41 PM)
quote: ORIGINAL: MasterJaguar01 quote: ORIGINAL: BoscoX When your propaganda feeds tell you that your cult is "cutting the deficit" they aren't really talking about cutting the debt BoscoX - As long as the deficit is greater than zero, the debt will increase. (As it has under every Republican President) My point is Ted Cruz doesn't know his ass from a hole in the ground and has no knowledge of the concepts of debt and deficit. Yeah, attack Cruz. Sure. As Biden racks up trillions and trillions and trillions of debt for worthless boondoggles as far as the eye can see

MasterJaguar01 -> RE: Venmo, PayPal required to report transactions above $600 to IRS (3/11/2023 8:37:22 PM)
quote: ORIGINAL: BoscoX quote: ORIGINAL: MasterJaguar01 quote: ORIGINAL: BoscoX When your propaganda feeds tell you that your cult is "cutting the deficit" they aren't really talking about cutting the debt BoscoX - As long as the deficit is greater than zero, the debt will increase. (As it has under every Republican President) My point is Ted Cruz doesn't know his ass from a hole in the ground and has no knowledge of the concepts of debt and deficit. Yeah, attack Cruz. Sure. As Biden racks up trillions and trillions and trillions of debt for worthless boondoggles as far as the eye can see You are sooo indoctrinated Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years Note the "EVEN BEFORE THE PANDEMIC" part. Trump's re-distribution of wealth from the middle class to the already wealthy (tax cuts for them, tax increase for me) was the biggest culprit. Also note the "IT'LL WEIGH DOWN THE ECONOMY FOR YEARS" part As for Cruz, I call 'em as I see 'em

BoscoX -> RE: Venmo, PayPal required to report transactions above $600 to IRS (3/11/2023 8:40:16 PM)
Where have I ever denied that Trump was WAY too happy to spend far too much money You're projecting now President Trump has his good points, and he has his bad I have never denied that

BoscoX -> RE: Venmo, PayPal required to report transactions above $600 to IRS (3/11/2023 8:48:27 PM)
From the centrist The Hill: IRS data proves Trump tax cuts benefited middle, working-class Americans most

MasterJaguar01 -> RE: Venmo, PayPal required to report transactions above $600 to IRS (3/14/2023 8:42:23 PM)
quote: ORIGINAL: BoscoX From the centrist The Hill: IRS data proves Trump tax cuts benefited middle, working-class Americans most This is not from a Hill staff writer. Rather it is an opinion piece from a right wing activist. I couldn't download his data. His claims of people saving 15 - 17% on their taxes are dubious. Further, he credits Trump's tax bill with credits which already existed. I can say that the Trump tax plan is a disaster. He basically detroyed most people's itemized deductions (SALT limited to 10k) removed examptions entirely... In return raised the standard deduction to 12,500 and 25k and lowered the rates a couple points. The loss of exemptions gets most people.

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