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The New Coffee Room

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  3. Coupon-clipping while Ferrari shopping

Coupon-clipping while Ferrari shopping

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  • J Offline
    J Offline
    Jolly
    wrote on 7 Feb 2025, 23:49 last edited by
    #12

    He's not getting all that and he knows it.

    The question is what is his fallback position?

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

    1 Reply Last reply
    • J Offline
      J Offline
      jon-nyc
      wrote on 13 Feb 2025, 02:23 last edited by
      #13

      Key word being ‘partially’.

      IMG_2849.jpeg

      "You never know what worse luck your bad luck has saved you from."
      -Cormac McCarthy

      1 Reply Last reply
      • L Offline
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        LuFins Dad
        wrote on 13 Feb 2025, 02:33 last edited by
        #14

        The only part of the tax proposal that’s actually regressive is the SALT exemption. The other changes may not be a great idea, but they aren’t regressive.

        The Brad

        1 Reply Last reply
        • J Offline
          J Offline
          jon-nyc
          wrote on 13 Feb 2025, 03:06 last edited by
          #15

          Most of the $ goes to extending the TCJA of 2027-18 whenever that was.

          "You never know what worse luck your bad luck has saved you from."
          -Cormac McCarthy

          1 Reply Last reply
          • J Offline
            J Offline
            jon-nyc
            wrote on 18 Feb 2025, 19:40 last edited by
            #16

            From Cato.

            IMG_2955.png

            "You never know what worse luck your bad luck has saved you from."
            -Cormac McCarthy

            1 Reply Last reply
            • J Offline
              J Offline
              Jolly
              wrote on 18 Feb 2025, 19:59 last edited by
              #17

              Good, now do a Biden second term or a Harris first.

              “Cry havoc and let slip the DOGE of war!”

              Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

              L 1 Reply Last reply 18 Feb 2025, 20:21
              • L Offline
                L Offline
                LuFins Dad
                wrote on 18 Feb 2025, 20:17 last edited by
                #18

                Thanks for pointing that out. Let’s stop cost cutting, it’s just a waste of time.

                The Brad

                J 1 Reply Last reply 18 Feb 2025, 20:50
                • J Jolly
                  18 Feb 2025, 19:59

                  Good, now do a Biden second term or a Harris first.

                  L Offline
                  L Offline
                  LuFins Dad
                  wrote on 18 Feb 2025, 20:21 last edited by
                  #19

                  @Jolly said in Coupon-clipping while Ferrari shopping:

                  Good, now do a Biden second term or a Harris first.

                  Yeah, CBO rated Harris’ plan as a little better than Trumps. But not going to convince you of that just like you won’t convince Jon that Trump’s plan will generate more revenue.

                  Personally, I’m worried about the deficit, but I’m equally worried about the impact of the largest tax increase in history. But it’s still the entitlements driving every thing. So drop the income cap and raise the FICA .5%

                  The Brad

                  J 1 Reply Last reply 18 Feb 2025, 20:33
                  • L LuFins Dad
                    18 Feb 2025, 20:21

                    @Jolly said in Coupon-clipping while Ferrari shopping:

                    Good, now do a Biden second term or a Harris first.

                    Yeah, CBO rated Harris’ plan as a little better than Trumps. But not going to convince you of that just like you won’t convince Jon that Trump’s plan will generate more revenue.

                    Personally, I’m worried about the deficit, but I’m equally worried about the impact of the largest tax increase in history. But it’s still the entitlements driving every thing. So drop the income cap and raise the FICA .5%

                    J Offline
                    J Offline
                    Jolly
                    wrote on 18 Feb 2025, 20:33 last edited by Jolly
                    #20

                    @LuFins-Dad said in Coupon-clipping while Ferrari shopping:

                    So drop the income cap and raise the FICA .5%

                    That's the no brainer.

                    About deficit spending...Heard an economist talking a few days ago. He was all in favor of the cuts, but made an interesting point...He thought the country was so balled up into deficit spending, that an immediate blalanced budget would crash the economy. He thought it's going to take a ten-year plan, with a smaller deficit each year. That would take a major, multiple administration commitment he just didn't see happening.

                    “Cry havoc and let slip the DOGE of war!”

                    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                    T 8 2 Replies Last reply 19 Feb 2025, 01:31
                    • L LuFins Dad
                      18 Feb 2025, 20:17

                      Thanks for pointing that out. Let’s stop cost cutting, it’s just a waste of time.

                      J Offline
                      J Offline
                      jon-nyc
                      wrote on 18 Feb 2025, 20:50 last edited by
                      #21

                      @LuFins-Dad said in Coupon-clipping while Ferrari shopping:

                      Thanks for pointing that out. Let’s stop cost cutting, it’s just a waste of time.

                      Wouldn’t the proper message let’s do it rather than tweet about it while we plan to double down on the debt behind closed doors?

                      "You never know what worse luck your bad luck has saved you from."
                      -Cormac McCarthy

                      L 1 Reply Last reply 18 Feb 2025, 21:13
                      • J jon-nyc
                        18 Feb 2025, 20:50

                        @LuFins-Dad said in Coupon-clipping while Ferrari shopping:

                        Thanks for pointing that out. Let’s stop cost cutting, it’s just a waste of time.

                        Wouldn’t the proper message let’s do it rather than tweet about it while we plan to double down on the debt behind closed doors?

                        L Offline
                        L Offline
                        LuFins Dad
                        wrote on 18 Feb 2025, 21:13 last edited by
                        #22

                        @jon-nyc said in Coupon-clipping while Ferrari shopping:

                        @LuFins-Dad said in Coupon-clipping while Ferrari shopping:

                        Thanks for pointing that out. Let’s stop cost cutting, it’s just a waste of time.

                        Wouldn’t the proper message let’s do it rather than tweet about it while we plan to double down on the debt behind closed doors?

                        Mmmmmm, no.

                        The Brad

                        1 Reply Last reply
                        • J Jolly
                          18 Feb 2025, 20:33

                          @LuFins-Dad said in Coupon-clipping while Ferrari shopping:

                          So drop the income cap and raise the FICA .5%

                          That's the no brainer.

                          About deficit spending...Heard an economist talking a few days ago. He was all in favor of the cuts, but made an interesting point...He thought the country was so balled up into deficit spending, that an immediate blalanced budget would crash the economy. He thought it's going to take a ten-year plan, with a smaller deficit each year. That would take a major, multiple administration commitment he just didn't see happening.

                          T Offline
                          T Offline
                          taiwan_girl
                          wrote on 19 Feb 2025, 01:31 last edited by
                          #23

                          @Jolly said in Coupon-clipping while Ferrari shopping:

                          He thought it's going to take a ten-year plan, with a smaller deficit each year. That would take a major, multiple administration commitment he just didn't see happening.

                          Agree 100%. Most politicians just dont (or aren't willing to) have a long term view.

                          1 Reply Last reply
                          • J Jolly
                            18 Feb 2025, 20:33

                            @LuFins-Dad said in Coupon-clipping while Ferrari shopping:

                            So drop the income cap and raise the FICA .5%

                            That's the no brainer.

                            About deficit spending...Heard an economist talking a few days ago. He was all in favor of the cuts, but made an interesting point...He thought the country was so balled up into deficit spending, that an immediate blalanced budget would crash the economy. He thought it's going to take a ten-year plan, with a smaller deficit each year. That would take a major, multiple administration commitment he just didn't see happening.

                            8 Online
                            8 Online
                            89th
                            wrote on 19 Feb 2025, 12:59 last edited by
                            #24

                            @Jolly said in Coupon-clipping while Ferrari shopping:

                            ...He thought the country was so balled up into deficit spending, that an immediate blalanced budget would crash the economy. He thought it's going to take a ten-year plan, with a smaller deficit each year. That would take a major, multiple administration commitment he just didn't see happening.

                            Yeah I’m not the first to say it either. It will take a 10+ year plan. Maybe 20. The system isn’t set up to reward forethought more than 3-4 years (election cycles), but it’s absolutely what we need.

                            Cost cutting vs spending is like changing a light bulb to LED to save a few bucks, while planning on building a whole attached MIL suite. Yeah it makes sense but it shouldn’t even be in the newspaper let along as a headline.

                            1 Reply Last reply
                            • J Offline
                              J Offline
                              Jolly
                              wrote on 19 Feb 2025, 13:36 last edited by
                              #25

                              News is something that happens, which is out of the ordinary. To trim this much of the Federal government is akin to a man bites dog story.

                              “Cry havoc and let slip the DOGE of war!”

                              Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                              1 Reply Last reply
                              • J Offline
                                J Offline
                                jon-nyc
                                wrote on 19 Feb 2025, 16:37 last edited by
                                #26

                                "You never know what worse luck your bad luck has saved you from."
                                -Cormac McCarthy

                                1 Reply Last reply
                                • L Offline
                                  L Offline
                                  LuFins Dad
                                  wrote on 19 Feb 2025, 16:52 last edited by
                                  #27

                                  They misspelled “opposes single largest tax increase in history”.

                                  The Brad

                                  1 Reply Last reply
                                  • J Offline
                                    J Offline
                                    jon-nyc
                                    wrote on 19 Feb 2025, 17:12 last edited by jon-nyc
                                    #28

                                    Gonna have to cancel a whole lot of DEI puppet shows in Bolivia to make up for it.

                                    "You never know what worse luck your bad luck has saved you from."
                                    -Cormac McCarthy

                                    L 1 Reply Last reply 19 Feb 2025, 17:56
                                    • J jon-nyc
                                      19 Feb 2025, 17:12

                                      Gonna have to cancel a whole lot of DEI puppet shows in Bolivia to make up for it.

                                      L Offline
                                      L Offline
                                      LuFins Dad
                                      wrote on 19 Feb 2025, 17:56 last edited by
                                      #29

                                      @jon-nyc said in Coupon-clipping while Ferrari shopping:

                                      Gonna have to cancel a whole lot of DEI puppet shows in Bolivia to make up for it.

                                      Fortunately, the guy before scheduled a lot of DEI puppet shows.

                                      The Brad

                                      1 Reply Last reply
                                      • 8 Online
                                        8 Online
                                        89th
                                        wrote on 19 Feb 2025, 23:29 last edited by
                                        #30

                                        This makes me long for the days of sequestration. Or whatever it was called when there were attempts at making the debt and deficit a focus and also capping the budget, and also potentially forcing the reduction in federal staff (letting leadership pick the weakest links vs this backfire plan that Trump has).

                                        Oh here’s a link: https://en.wikipedia.org/wiki/Budget_Control_Act_of_2011

                                        1 Reply Last reply
                                        • A Away
                                          A Away
                                          Axtremus
                                          wrote on 19 Feb 2025, 23:55 last edited by
                                          #31

                                          The GOP really suck at national debt reduction.

                                          L 1 Reply Last reply 19 Feb 2025, 23:58
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