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Senate Should the Federal Government pay interest on tax refunds?

Discussion in 'Archive: The Senate Floor' started by Mr. P, Mar 10, 2013.

  1. LandoThe CapeCalrissian

    LandoThe CapeCalrissian Jedi Youngling star 3

    Registered:
    Dec 30, 2012
    Let's just discuss positions, not individual posters. - SuperWatto
     
  2. Ender Sai

    Ender Sai Chosen One star 10

    Registered:
    Feb 18, 2001
    lol, did you just call me a Keynsian? I used to proudly define as neoliberal.

    Guffaw count from this post = high.
     
  3. tom

    tom Chosen One star 7

    Registered:
    Mar 14, 2004
    i said your opinion was uninformed. the opinion that no federal funds go to infrastructure is an uninformed opinion, which i guess you've sort of acknowledged in your last few posts, while at the same time weirdly trying to make it into an argument about local vs. national infrastructure that no one wanted to have.
     
  4. LandoThe CapeCalrissian

    LandoThe CapeCalrissian Jedi Youngling star 3

    Registered:
    Dec 30, 2012
    yes I called you Keynesian, id venture to say that's exactly what you are.. A giant fan of central planning.
     
  5. LandoThe CapeCalrissian

    LandoThe CapeCalrissian Jedi Youngling star 3

    Registered:
    Dec 30, 2012
    Dude honestly infrastructure is paid for locally. What don't you get. That's how its paid for.
     
  6. yankee8255

    yankee8255 Jedi Grand Master star 6

    Registered:
    May 31, 2005
    Seeing Ender_Sai being called a Keynesian may be the single most absurdly funny thing I've ever seen anyone post here.

    EDIT: Of course, I was accused of being a Fox News junkie for sharing positions taken by publications ranging from The Economist to Slate and The Daily Best to the Guardian and Spiegel. Clearly we're entering some kind of bizarro world here.
     
    Summer Dreamer likes this.
  7. LandoThe CapeCalrissian

    LandoThe CapeCalrissian Jedi Youngling star 3

    Registered:
    Dec 30, 2012
    its funny like how a political cartoon is funny in the NEW YORKER
     
  8. tom

    tom Chosen One star 7

    Registered:
    Mar 14, 2004
    Let's just discuss positions, not individual posters. - SuperWatto
     
    jp-30 and Ender_Sai like this.
  9. Darth Guy

    Darth Guy Chosen One star 10

    Registered:
    Aug 16, 2002
    Let's just... not. - SuperWatto
     
  10. tom

    tom Chosen One star 7

    Registered:
    Mar 14, 2004
    ugh, yeah. i called exactly how this would play out then got sucked into it anyway.
     
    Sauntaero likes this.
  11. LandoThe CapeCalrissian

    LandoThe CapeCalrissian Jedi Youngling star 3

    Registered:
    Dec 30, 2012
  12. Ender Sai

    Ender Sai Chosen One star 10

    Registered:
    Feb 18, 2001
    Oh, so the cape's a superhero thing. Got it.

    Yes, I'm a dirty great Keynsian, SuperLando. You got me. Massive central planner. My spreadsheets are complex and use many macros.
     
  13. SuperWatto

    SuperWatto Manager Emeritus star 6 VIP - Former Mod/RSA

    Registered:
    Sep 19, 2000
    @Mr. P, I think your attention is needed here, if you want this thread to go anywhere. Can you defend your OP?
     
  14. yankee8255

    yankee8255 Jedi Grand Master star 6

    Registered:
    May 31, 2005
    Mr P et al, you do realize you can always claim additional exemptions on your w-4. And that if you under-withhold, the government doesn't charge you interest.
     
  15. Lady_Sami_J_Kenobi

    Lady_Sami_J_Kenobi Jedi Master star 6

    Registered:
    Jul 31, 2002
    The federal government would like the vast majority of Americans to only withhold enough to cover their tax bill. I got a whopping $26 back on my federal income tax return. I'll get an entire $2 back from the state, which I will have applied to my next year's tax bill.

    There are calculators on the web that will allow you figure out how many exemptions to claim so that you break even or only owe the Feds a small amount, like under $100.
     
  16. Ghost

    Ghost Chosen One star 7

    Registered:
    Oct 13, 2003
    Most of it doesn't come from state/local taxes. Maybe the neighborhoods streets, and to complement some othe capital projects. But most of it comes from Bonds (aka Borrowing), or from... you guessed it... the Federal government. See below.

    If I have the "wool pulled over me eyes," why is it that I can back up my points with sources, but when I asked you for your evidence, you have nothing? Again, tell me where all the waste is. Yes, it exists, mostly in those programs dealing with national security that can't be audited. There's waste elsewhere too, but it's not a significant amount of the budget. If I am wrong, please present evidence.

    As for healthcare expenditures, a lot of that comes from the rising costs of healthcare. Yes, there's definitely some waste, but it's not the contributing cause to its rising costs... unless You are advocating for socialism and more centralized planning.

    Now, read below, let me clarify the whole federal funding of infrastructure for you...


    Not true. Repeating something false doesn't make it more true.

    Let's look at Rhode Island, for example.

    Here's the FY 2013 budget:
    http://www.budget.ri.gov/PriorYearBudgets/2013/13ExecutiveSummary.php

    Click on Transportation. Scroll down to the "How Is it Financed" Pie Chart, should be on Page 9 of 13.

    73.6% of state funds for transportation come from the federal government.