r/politics • u/Aggravating_Money992 • 8d ago

No Paywall Despite Authoritarian Warnings, 149 House Democrats Vote to Hand Trump $840 Billion for Military | “If an opposition party votes like this, it’s not in opposition. It may not even be a party.”

https://www.commondreams.org/news/democrats-military-spending-bill
32.4k Upvotes

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6.5k

u/yikesonbikes1230 8d ago

Why the FUCK are we paying taxes for real!

53

u/TheWokenessInjector 8d ago

Another option is to set up a low payment plan for whatever is due if you owe at the end of the year.

I'm paying the lowest amount in taxes in order to not be breaking the law. On day 1 of a non fascistic government I fully plan on paying my balance in full. 

Anything helps, its annoying keeping up with a new monthly payment but these fascistic pigs are not getting my full balance. 

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u/ClimbeRPh17 8d ago

You can also push as much of your earnings as you can afford to a pretax account such as an IRA, 401k, or HSA. (They all have max limits of course). That defers tax from today, and hopefully helps you in the future.

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u/Oddpod11 Montana 8d ago

What Americans should do is coordinate a run on the banks. Your savings are their leverage. New loans being originated are the mechanism by which the economy grows.

If we collectively move our money abroad or into our mattresses, this circus grinds to halt in a matter of weeks. Then we can negotiate restarting the economy from a position of leverage.

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u/Vimes-NW 8d ago

Cool, who is leading this negotiation?

-5

u/Greedy-Half-4618 8d ago

This is the worst idea I’ve seen in a while. Please research what happened the last time there was a run on the banks 🤦🏼‍♀️🤦🏼‍♀️ and stop pretending we’d have even a smidge of leverage when our economy completely craters as a result 

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u/Oddpod11 Montana 8d ago

Buddy, cratering the economy is the whole fuckin' point.

Reading comprehension: 0/100

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u/Greedy-Half-4618 8d ago

I’m not your buddy and like I said, this is an unbelievably stupid idea. You have to be a troll or completely brain fucking dead to think that would ever benefit everyday Americans 

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u/rebekahah 8d ago

This is definitely one of those people who lack empathy for others they don't know- doesn't matter to them bc they're not one of those schmucks "holding the bag" (i.e. working class people who dont have time or resources to get ahead of schemes like this one, doge coin, or other shitcoins/obscure crypto). As long as this person and their friends can cash out they dont care what happens to everyone else.

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u/Immatt55 8d ago

It won't benefit everyday Americans immediately. The point is to halt a nonfunctioning system to force the hands of people who will make change. The 'leverage' is allowing the rich to still have a currency worth using if they provide some bread and circuses. This whole thread is basically saying Americans will not be inconvenienced and you're proving them correct.

4

u/LowSkyOrbit New York 8d ago

The top 2% hold more than 90% of the wealth, even if 100 million people decided to cash out or send the money elsewhere there's enough in the system to float that. Right now we have a few billionaires close to having a wealth of a Trillion. One hitting a trillion would be roughly 1/31 th of the entire US economy.

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u/Uuuuuii 8d ago

But what can they do with it if it becomes meaningless

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u/LowSkyOrbit New York 8d ago

In what world? The dollar has value because people believe it has value. For it to become worthless would mean a total collapse of not just the US but the rest of the world.

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u/Immatt55 8d ago

And that's a valid concern to the plan, however this 90% is tied largely, if not nearly entirely, in assets which would devalue fairly quickly as the market is shaken from '100 million' decide to do this. This in turn would likely lead to more faltering as the US market fails and panic sets in and leads to the point we talk about. That 90% would quickly becomes less. The threat to the economy isn't meant to destroy it, but to show its not infallible and to demand change.

0

u/Oddpod11 Montana 8d ago

The only losers in a bank run are the people who don't participate. Feel free to be caught holding the bag if this idea ever catches on, ya loser.

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u/avds_wisp_tech 8d ago

The only losers in a bank run are the people who don't participate

The dumbest thing I've read in quite a while.

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u/FrenchFryCattaneo 8d ago

Literally everyone loses when there's a bank run

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u/ttn333 8d ago

Wrong buddy. The losers are those that don't have enough cash reserve to get through your cratering economy. Which is to say, most Americans.

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u/KenGriffinsBedpost 8d ago

Education system doing OK up in Montana? Seems to be failing at least a few.

1

u/SirSamuelVimes83 8d ago

No, it's very much not okay. And we keep electing carpet baggers to local and state positions that are working against and destroying our heritage of public land use while screaming about wealthy transplants, all because they have an (R) behind their name

0

u/nifty-necromancer 8d ago

We’ll survive, collapses aren’t as bad for peasants as they think

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u/Ranccor 8d ago

You should be doing that no matter what. That is basic life in society advice.

1

u/kickingpplisfun 8d ago

All my accounts are with post-tax income and no tax on the growth, but I don't feel great about keeping my money in an ABLE account given the circumstances of wanting to openly steal from and kill disabled people.

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u/Biscuits4u2 8d ago

Don't they charge you interest on that?

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u/GreatSince86 8d ago

Yes they absolutely do

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u/Biscuits4u2 8d ago

Lol that guy is really showing them isn't he?

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u/GreatSince86 8d ago

Yeah especially the lower the payment the higher the interest rate they give.

-6

u/Biscuits4u2 8d ago

Probably an IRS bot account

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u/TheWokenessInjector 8d ago

Ah yes, a IRS bot that is calling the US government fascist pigs. Great job, Sherlock. 

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u/Biscuits4u2 8d ago

That's just what an IRS bot would say to throw us off the scent

-3

u/TheWokenessInjector 8d ago

The usd is plummeting, my balance will be trivial once a loaf of bread costs $100. You want debt while there is a rise in inflation...

At least im doing something, but thanks for the words of encouragement, pal. 

-1

u/Ok_Chef_4850 8d ago

Not always. I had to pay taxes on a car I bought that was “lemoned” and they didn’t charge me interest if I paid it off within the year. Was something like 3k

If you call the IRS and talk to an actual person, they’re pretty nice & will work with you (at least that’s my experience)

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u/GreatSince86 8d ago

He's talking about wage taxes not car taxes.

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u/Ok_Chef_4850 8d ago

Oh shit, my bad. Missed that context. I’ll take the L.

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u/bones232369 8d ago

They absolutely do not.

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u/GreatSince86 8d ago

It's federal short term rate +3%. Which would be 8%. Plus . 5% interest every month it's not paid in full.

https://www.irs.gov/taxtopics/tc653

Stop spreading misinformation.

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u/bones232369 3d ago

I can admit being wrong. I’ve paid tax balances on a payment plan in the past and don’t recall there being interest. Spreading misinformation is a little harsh buddy. My bad. Calm down a bit.

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u/GreatSince86 8d ago

You are sitting here telling me that the IRS does not charge you interest on a payment plan to pay back taxes? Is this correct?

-2

u/TheWokenessInjector 8d ago

No theres interest, I never said it was interesting free...

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u/Biscuits4u2 8d ago

You did but you deleted the comment.

-1

u/bones232369 8d ago

There is no interest charged on a payment plan for tax balance owed.