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 Jedi Youngling

    Member Since:
    Dec 30, 2012
    star 3
    Let's just discuss positions, not individual posters. - SuperWatto
    Last edited by SuperWatto, Mar 11, 2013
  2. Ender Sai Chosen One

    Member Since:
    Feb 18, 2001
    star 10
    lol, did you just call me a Keynsian? I used to proudly define as neoliberal.

    Guffaw count from this post = high.
  3. tom Force Ghost

    Member Since:
    Mar 14, 2004
    star 6
    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 Jedi Youngling

    Member Since:
    Dec 30, 2012
    star 3
    yes I called you Keynesian, id venture to say that's exactly what you are.. A giant fan of central planning.
  5. LandoThe CapeCalrissian Jedi Youngling

    Member Since:
    Dec 30, 2012
    star 3
    Dude honestly infrastructure is paid for locally. What don't you get. That's how its paid for.
  6. yankee8255 Jedi Grand Master

    Member Since:
    May 31, 2005
    star 6
    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.
    Last edited by yankee8255, Mar 11, 2013
    Summer Dreamer likes this.
  7. LandoThe CapeCalrissian Jedi Youngling

    Member Since:
    Dec 30, 2012
    star 3
    its funny like how a political cartoon is funny in the NEW YORKER
  8. tom Force Ghost

    Member Since:
    Mar 14, 2004
    star 6
    Let's just discuss positions, not individual posters. - SuperWatto
    Last edited by SuperWatto, Mar 11, 2013
    jp-30 and Ender_Sai like this.
  9. Darth Guy Chosen One

    Member Since:
    Aug 16, 2002
    star 10
    Let's just... not. - SuperWatto
    Last edited by SuperWatto, Mar 11, 2013
  10. tom Force Ghost

    Member Since:
    Mar 14, 2004
    star 6
    ugh, yeah. i called exactly how this would play out then got sucked into it anyway.
    Sauntaero likes this.
  11. LandoThe CapeCalrissian Jedi Youngling

    Member Since:
    Dec 30, 2012
    star 3
    No. - SuperWatto
    Last edited by SuperWatto, Mar 11, 2013
  12. Ender Sai Chosen One

    Member Since:
    Feb 18, 2001
    star 10
    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 Manager Emeritus

    Member Since:
    Sep 19, 2000
    star 6
    @Mr. P, I think your attention is needed here, if you want this thread to go anywhere. Can you defend your OP?
  14. yankee8255 Jedi Grand Master

    Member Since:
    May 31, 2005
    star 6
    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 Jedi Master

    Member Since:
    Jul 31, 2002
    star 6
    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 Force Ghost

    Member Since:
    Oct 13, 2003
    star 6
    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.
    Last edited by Summer Dreamer, Mar 11, 2013