Comments by "Tim Trewyn" (@timtrewyn453) on "Government should send a portion of DOGE savings back to American taxpayers, CEO says" video.

  1. Don't need to balance it, but it's a good thing to do now and then. It's OK for the government to borrow for the purchase of long-term assets. That's like getting a mortgage for a house. But operations need to be paid for as they happen.
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  2. Well said. Most Americans need the cash today. It's just that the wealthy pay most of the taxes, so they expect most of the rebate. Unless Congress agrees to make the distribution "progressive", then those who pay the most get the most back. The wealthy would see a progressive rebate as another case of themselves subsidizing lower income citizens. It would be more dignified if they designed more productive jobs and paid more for those jobs. That's actually a challenging thing to do that sometimes questions the merit of their own compensation.
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  3. COVID. It was glorious.
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  4. That's always a good idea. If a person makes less than a reasonable cost of living, they should not have any federal income tax withheld from their paycheck. It's that way for really poor folks, but as an employer I see the tax charts require too many working folks to pay income tax. Social Security and Medicare taxes? Well, if they live to benefit age they will be very glad to have whatever they get from that, especially the Medicare. Medicare for all.
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  5. Nooooooo! It's not divided equally among taxpayers. It's divided proportionally, so the wealthy, who pay most of the taxes, get most of the rebate. The wealthy see that as justice.
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  6. What is an acceptable level of federal government annual borrowing? I would say it is the amount it spends in a year on new long-term assets. Amortizing those assets makes sense in that the benefits are realized over time and thus should be paid for over time. No borrowing should be done for the cost of annual government operations. The DOGE has to find annual savings in the amount of the difference between future budget deficits and the acceptable level of government annual borrowing. Unlike an individual, the government does not need to balance its budget every year, although doing so some of the time can maintain the government's credit and reduce annual interest costs going forward.
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  7. That is the kind of long-term investment that government borrowing is appropriate for. What is not appropriate is borrowing to fund annual government operations. It's the difference between borrowing to buy a house but living within a grocery budget.
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  8.  @sadi3650  Good luck borrowing money again. Maybe that's the idea.
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  9. If the richest man in the world cannot find that much money, then I don't know who will.
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  10. You're probably right. Put a $15 "DOGE Credit" on little peoples' pay stubs. There you go!
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  11. Those are mostly children and low-income retired people. And if they buy anything that had a tariff on it, then they paid federal taxes. Tariffs are taxes that consumers pay.
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