US tax revenue tops $3 trillion this year

Started by Dr. Meh, October 16, 2014, 09:50:52 AM

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Dr. Meh

And the liberal spin machine proclaims it is because the economy is doing so well and people are making so much more money. Couldn't possibly be because these twats tax us at every turn.

Mountainshield

Quote from: Dr. Meh on October 16, 2014, 09:50:52 AM
And the liberal spin machine proclaims it is because the economy is doing so well and people are making so much more money. Couldn't possibly be because these twats tax us at every turn.

If the Federal Reserve is pumping billions of new dollars every year then of course taxes will increase, it just doesn't mean nothing as it doesn't reflect increase in capital, just increase in currency circulation.

Like my engineer friend who works in Siemens, the goal of the company is not to produce, it is to increase cost in order inflate the stock value and give bonuses to the top CEO's. Just because the company increased in Stock value doesn't mean they have actually increased in any value, more often it means it has sunk in value as the easiest way to quickly produce results is to sell off assets which is bad in the long term but good for the CEO's who are replaced every quarter or year.

Dr. Meh

Quote from: Mountainshield on October 16, 2014, 10:10:54 AM
If the Federal Reserve is pumping billions of new dollars every year then of course taxes will increase, it just doesn't mean nothing as it doesn't reflect increase in capital, just increase in currency circulation.

Like my engineer friend who works in Siemens, the goal of the company is not to produce, it is to increase cost in order inflate the stock value and give bonuses to the top CEO's. Just because the company increased in Stock value doesn't mean they have actually increased in any value, more often it means it has sunk in value as the easiest way to quickly produce results is to sell off assets which is bad in the long term but good for the CEO's who are replaced every quarter or year.

That REALLY makes me never want to own stock in Siemens.

supsalemgr

It also means a little fiscal restraint in Washington could do wonders to reduce our national debt.
"If you can't run with the big dawgs, stay on the porch!"

walkstall

Quote from: supsalemgr on October 16, 2014, 01:28:10 PM
It also means a little fiscal restraint in Washington could do wonders to reduce our national debt.

b o would stop going golfing and stay home that would help a lot.
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."