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Inflation
#9189768
02/20/25 07:46 PM
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Joined: Apr 2008
Posts: 5,268
TPACK
OP
THF Trophy Hunter
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OP
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Joined: Apr 2008
Posts: 5,268 |
If Trump were to give back all taxpayers 5K from the money saved by DOGE wouldn`t that cause inflation just like the stimulus checks during Covid.
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Re: Inflation
[Re: TPACK]
#9189774
02/20/25 07:51 PM
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Joined: Jun 2010
Posts: 8,681
Stompy
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2010
Posts: 8,681 |
Only about 50% of folks pay taxes correct? Are the checks going to everyone or just the folks that paid taxes? I don't agree with any refunds. Either lower folks taxes or put it toward the national debt.
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Re: Inflation
[Re: TPACK]
#9189791
02/20/25 08:08 PM
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Joined: Aug 2009
Posts: 4,031
Texan Til I Die
Extreme Tracker
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Extreme Tracker
Joined: Aug 2009
Posts: 4,031 |
If Trump were to give back all taxpayers 5K from the money saved by DOGE wouldn`t that cause inflation just like the stimulus checks during Covid. Maybe. I don't like the idea of some arbitrary number like 5000. How about returning a percentage of what you paid in? That way people who paid little or nothing will get little or nothing.
Silver spurs and gold tequila keep me hanging on. Pretty girls and old cantinas give me shelter from the storm.
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Re: Inflation
[Re: TPACK]
#9189794
02/20/25 08:12 PM
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Joined: Jan 2007
Posts: 27,293
KRoyal
Texoma Legend
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Texoma Legend
Joined: Jan 2007
Posts: 27,293 |
If Trump were to give back all taxpayers 5K from the money saved by DOGE wouldn`t that cause inflation just like the stimulus checks during Covid. Possibly, but it's different than a stimulus. This money has been found and is being sent back to the tax payer and it's not just money being printed out of thin air to be sent out.  but I'm no economist LOL.
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Re: Inflation
[Re: Texan Til I Die]
#9189845
02/20/25 09:20 PM
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Joined: Sep 2007
Posts: 7,700
Nathan at Fork
THF Trophy Hunter
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Joined: Sep 2007
Posts: 7,700 |
If Trump were to give back all taxpayers 5K from the money saved by DOGE wouldn`t that cause inflation just like the stimulus checks during Covid. Maybe. I don't like the idea of some arbitrary number like 5000. How about returning a percentage of what you paid in? That way people who paid little or nothing will get little or nothing. This would be a great idea.
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Re: Inflation
[Re: KRoyal]
#9189850
02/20/25 09:25 PM
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Joined: Sep 2012
Posts: 18,713
Jimbo1
THF Celebrity
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Joined: Sep 2012
Posts: 18,713 |
If Trump were to give back all taxpayers 5K from the money saved by DOGE wouldn`t that cause inflation just like the stimulus checks during Covid. Possibly, but it's different than a stimulus. This money has been found and is being sent back to the tax payer and it's not just money being printed out of thin air to be sent out.  but I'm no economist LOL. Some folks refuse to acknowledge the difference.
Awake - Not Woke!
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Re: Inflation
[Re: Jimbo1]
#9189872
02/20/25 10:16 PM
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Joined: Apr 2008
Posts: 5,268
TPACK
OP
THF Trophy Hunter
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OP
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Joined: Apr 2008
Posts: 5,268 |
If Trump were to give back all taxpayers 5K from the money saved by DOGE wouldn`t that cause inflation just like the stimulus checks during Covid. Possibly, but it's different than a stimulus. This money has been found and is being sent back to the tax payer and it's not just money being printed out of thin air to be sent out.  but I'm no economist LOL. Some folks refuse to acknowledge the difference. I`m sure that when and if it happens and if only the taxpayers get their money back the left will go bat$hit crazy calling it racist since all the welfare recipients in the hood that get free project 8 housing and food stamps aren`t included. Shanigua thinks that since she got a check for over 10 grand for her 8 kids, (earned income credit) she`s a taxpayer. 
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Re: Inflation
[Re: TPACK]
#9189889
02/20/25 11:06 PM
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Joined: Jan 2013
Posts: 3,600
TLew
Extreme Tracker
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Extreme Tracker
Joined: Jan 2013
Posts: 3,600 |
Give $0 back. The national debt is $306k per person, not family, if you broke it out by our population. No one is planning on money coming back to them, so they haven't factored it into their budget in a very similar way that we haven't factored how to pay the debt back. If you want to leave a legacy, figure out how you take 12 digits out of the national debt.
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Re: Inflation
[Re: TPACK]
#9189893
02/20/25 11:16 PM
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Joined: Jul 2019
Posts: 15,763
Hudbone
THF Celebrity
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THF Celebrity
Joined: Jul 2019
Posts: 15,763 |
All this sensibility - warms the cockles of my heart.
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Re: Inflation
[Re: TPACK]
#9189908
02/20/25 11:40 PM
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Joined: Oct 2012
Posts: 27,894
Creekrunner
THF Celebrity
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THF Celebrity
Joined: Oct 2012
Posts: 27,894 |
Let's just keep our cockles to ourselves.
...and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth. Gen. 1:28
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Re: Inflation
[Re: TPACK]
#9189926
02/21/25 12:33 AM
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Joined: Jun 2011
Posts: 37,473
Buzzsaw
THF Celebrity
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THF Celebrity
Joined: Jun 2011
Posts: 37,473 |
he can buy running boards for my truck 
SPACE FOR RENT
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Re: Inflation
[Re: TLew]
#9189935
02/21/25 12:51 AM
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Joined: Dec 2005
Posts: 36,607
Guy
THF Celebrity
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THF Celebrity
Joined: Dec 2005
Posts: 36,607 |
Give $0 back. The national debt is $306k per person Google says $106k, still too much. ![[Linked Image]](https://texashuntingforum.com/forum/pics/userpics/2025/02/full-2250-445968-img_9937.jpeg)
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Re: Inflation
[Re: TPACK]
#9189940
02/21/25 12:56 AM
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Joined: Oct 2008
Posts: 18,655
68rustbucket
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Posts: 18,655 |
I’d rather the funds go to pay the national debt. I’m looking out for my grandchildren.
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Re: Inflation
[Re: Guy]
#9189944
02/21/25 12:59 AM
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Joined: Sep 2012
Posts: 18,713
Jimbo1
THF Celebrity
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THF Celebrity
Joined: Sep 2012
Posts: 18,713 |
Give $0 back. The national debt is $306k per person Google says $106k, still too much. I believe the $306k is per “taxpayer.”
Awake - Not Woke!
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Re: Inflation
[Re: TPACK]
#9189957
02/21/25 01:16 AM
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Joined: Jul 2019
Posts: 15,763
Hudbone
THF Celebrity
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Joined: Jul 2019
Posts: 15,763 |
Any way you look at it, the number is horrendous.
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Re: Inflation
[Re: Hudbone]
#9189958
02/21/25 01:28 AM
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Joined: Oct 2008
Posts: 18,655
68rustbucket
THF Celebrity
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THF Celebrity
Joined: Oct 2008
Posts: 18,655 |
Any way you look at it, the number is horrendous. I concur. Quit giving our money away.
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Re: Inflation
[Re: TPACK]
#9189960
02/21/25 01:36 AM
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Joined: May 2010
Posts: 3,049
RLoving1
Veteran Tracker
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Veteran Tracker
Joined: May 2010
Posts: 3,049 |
5K refunded? Not that much and I have enough that I don't spend so just put it towards the national debt and life goes on. I'm not rich but that is fraction of what I have and haven't missed it so not impressed by this carrot on a stick.
Brayden (Lazy L's Southern Comfort) you will be missed! You were more than a pet you were my reason to rise and return for many days! You were my rock! 12/26/03-10/25/13
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Re: Inflation
[Re: TPACK]
#9189980
02/21/25 02:03 AM
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Joined: Dec 2005
Posts: 36,607
Guy
THF Celebrity
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Joined: Dec 2005
Posts: 36,607 |
The savings they are finding is an annual savings, so set a plan to knock down the debt every year till it gets to an optimal level, in combination with lowering taxes. This is really historic, a game changer. Everyone is very excited about it, except the fraudsters..
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Re: Inflation
[Re: Guy]
#9190039
02/21/25 03:45 AM
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Joined: Jan 2013
Posts: 3,600
TLew
Extreme Tracker
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Extreme Tracker
Joined: Jan 2013
Posts: 3,600 |
The savings they are finding is an annual savings, so set a plan to knock down the debt every year till it gets to an optimal level, in combination with lowering taxes. This is really historic, a game changer. Everyone is very excited about it, except the fraudsters.. What are we at so far, $55 billion? Another 600 years and we will be debt free. We would have had a year head start if we didn’t cut a check to Ukraine
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Re: Inflation
[Re: TLew]
#9190080
02/21/25 11:28 AM
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Joined: Dec 2005
Posts: 36,607
Guy
THF Celebrity
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THF Celebrity
Joined: Dec 2005
Posts: 36,607 |
The savings they are finding is an annual savings, so set a plan to knock down the debt every year till it gets to an optimal level, in combination with lowering taxes. This is really historic, a game changer. Everyone is very excited about it, except the fraudsters.. What are we at so far, $55 billion? Another 600 years and we will be debt free. We would have had a year head start if we didn’t cut a check to Ukraine It’s only been one month TLew, they just getting started. But we are not trying to become debt free, some debt is good, that is why I said “optimal level”. % of GDP is what needs to come down, you can improve that by reducing debt and growing GDP, and they are working on both. The important thing is getting on a path to improving, instead of a path of it getting worse. We need more smart people running our country. https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/https://www.ceicdata.com/en/indicator/united-states/government-debt--of-nominal-gdp
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Re: Inflation
[Re: TPACK]
#9190086
02/21/25 11:57 AM
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Joined: Apr 2005
Posts: 46,281
Stub
THF Celebrity
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THF Celebrity
Joined: Apr 2005
Posts: 46,281 |
https://www.foxnews.com/politics/trump-floating-returning-20-doge-savings-american-peopleTrump floating returning 20% of DOGE savings to American peopleElon Musk said he would 'check with the president' about $5,000 'DOGE dividends'President Donald Trump floated the idea of delivering 20% of savings from the Department of Government Efficiency (DOGE) directly to the American people on Wednesday. Trump said 20% of the savings could be delivered to U.S. citizens in personal checks to taxpaying households, while another 20% would be used to pay down the national debt. "There's even under consideration a new concept where we give 20% of the DOGE savings to American citizens, and 20% goes to paying down debt, because the numbers are incredible," Trump told reporters during an event in Miami Beach, Florida. Users on X, formerly Twitter, first pitched the idea of a "DOGE dividend" to Elon Musk earlier this week, suggesting payouts of $5,000. The billionaire Tesla owner said he would "check with the president" about the plan.
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Re: Inflation
[Re: TPACK]
#9190177
02/21/25 03:16 PM
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Joined: Dec 2005
Posts: 36,607
Guy
THF Celebrity
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THF Celebrity
Joined: Dec 2005
Posts: 36,607 |
What would they do with the other 60%?
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Re: Inflation
[Re: Guy]
#9190190
02/21/25 03:27 PM
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Joined: Sep 2012
Posts: 18,713
Jimbo1
THF Celebrity
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THF Celebrity
Joined: Sep 2012
Posts: 18,713 |
What would they do with the other 60%? Steven Miller says it will go towards knocking down next year’s budget.
Awake - Not Woke!
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Re: Inflation
[Re: Guy]
#9190204
02/21/25 03:51 PM
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Joined: Jan 2009
Posts: 20,335
Judd
#1 Creedmoor Fan
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#1 Creedmoor Fan
Joined: Jan 2009
Posts: 20,335 |
We need more smart people running our country. Unrated comment in that post...I'll even take it a step further and say "people in our country".
Don't let your ears hear what your eyes didn't see, and don't let your mouth say what your heart doesn't feel As much as I hate to admit it, I do like my truck
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Re: Inflation
[Re: Jimbo1]
#9190212
02/21/25 04:15 PM
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Joined: Jan 2013
Posts: 3,600
TLew
Extreme Tracker
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Extreme Tracker
Joined: Jan 2013
Posts: 3,600 |
The savings they are finding is an annual savings, so set a plan to knock down the debt every year till it gets to an optimal level, in combination with lowering taxes. This is really historic, a game changer. Everyone is very excited about it, except the fraudsters.. What are we at so far, $55 billion? Another 600 years and we will be debt free. We would have had a year head start if we didn’t cut a check to Ukraine It’s only been one month TLew, they just getting started. But we are not trying to become debt free, some debt is good, that is why I said “optimal level”. % of GDP is what needs to come down, you can improve that by reducing debt and growing GDP, and they are working on both. The important thing is getting on a path to improving, instead of a path of it getting worse. We need more smart people running our country. What would they do with the other 60%? Steven Miller says it will go towards knocking down next year’s budget. That's kind of my point. Why send out a check to folks when we are only getting started. Also, why put a single dime of the early fruits into anything other than paying down what we already owe. It should not go toward future years, it should go toward our debt and we as a country should actually deliver a balanced budget for the first time in way too long.
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