The US Treasury Department is now accepting Venmo and PayPal payments from those who want to donate money to reduce the nation’s ballooning $36.7 trillion debt.
THAT"S NOT EVEN HOW THE FUCKING US DEBT WORKS!!! They owe YOU!! YES YOU!!! that money! You know your fucking income tax?? They are literally borrowing money from you for free and pay you back when you ask for it back with FORMS. You are literally letting them double dip, even TRIPLE dip your shit WITHOUT INTEREST. YOU ARE PAYING GRIFTERS through this dipshitted idea!!! You want to help pay the debt? Buy a fucking bond and let it mature! I’m losing my shit. Fuck this. I’m out. Don’t know where, probably to bed, but I’m out.
They are in debt because for decades the government kept spending without bringing in tax money to cover it. They borrowed from other countries which creates dept.
That is partially correct. The US Debt is a loan composed of marketable and non-marketable treasury securities which includes public debt (what I lost my shit about) and intergovernmental debt (money spent to function as a government). It’s not a credits and debits system like you put money into your checking account to cover an expenditure. The US has been in debt since its founding. It’s not a decades old problem more like a centuries old thing. No country on this planet has zero debt.
In this post of taking money directly as a “donation” they are hiding the fact congress and the current moron president in charge are absolutely completely irresponsible with dividing up the collected revenue to make the payment on those loans especially with the passing of the “Big Beautiful Bill (shit sandwich)”. They’re redirecting revenue collected into the pockets of billionaires, and their pet projects (OpenAI), while persuading people it’s a boogyman (immigrants, social programs, the weather, etc) causing the massive swelling up of the US Debt. These idiots also use boogyman excuses to steal more money for already funded public programs paid for by you and the supreme court enables it. All three branches are completely fucking us on this deal and they have the audacity to ask for more. This is why I am pissed off.
This is why you use “withholdings” on your paycheck. It’s really shitty that you have to figure out the sweet spot with that and can totally screw yourself if you do it wrong, but that’s the option we have to not let the government borrow money for free. At least as an individual and not a company. You’re kinda screwed on taxes if you run a small business.
Comapnies dont have that right. Companies are required to pay quarterly estimated taxes, and are fined if they are found to have underpaid on those estimates.
THAT"S NOT EVEN HOW THE FUCKING US DEBT WORKS!!! They owe YOU!! YES YOU!!! that money! You know your fucking income tax?? They are literally borrowing money from you for free and pay you back when you ask for it back with FORMS. You are literally letting them double dip, even TRIPLE dip your shit WITHOUT INTEREST. YOU ARE PAYING GRIFTERS through this dipshitted idea!!! You want to help pay the debt? Buy a fucking bond and let it mature! I’m losing my shit. Fuck this. I’m out. Don’t know where, probably to bed, but I’m out.
That is not how that works at all…
They are in debt because for decades the government kept spending without bringing in tax money to cover it. They borrowed from other countries which creates dept.
That is partially correct. The US Debt is a loan composed of marketable and non-marketable treasury securities which includes public debt (what I lost my shit about) and intergovernmental debt (money spent to function as a government). It’s not a credits and debits system like you put money into your checking account to cover an expenditure. The US has been in debt since its founding. It’s not a decades old problem more like a centuries old thing. No country on this planet has zero debt.
In this post of taking money directly as a “donation” they are hiding the fact congress and the current moron president in charge are absolutely completely irresponsible with dividing up the collected revenue to make the payment on those loans especially with the passing of the “Big Beautiful Bill (shit sandwich)”. They’re redirecting revenue collected into the pockets of billionaires, and their pet projects (OpenAI), while persuading people it’s a boogyman (immigrants, social programs, the weather, etc) causing the massive swelling up of the US Debt. These idiots also use boogyman excuses to steal more money for already funded public programs paid for by you and the supreme court enables it. All three branches are completely fucking us on this deal and they have the audacity to ask for more. This is why I am pissed off.
Debt*
You are willingly agreeing to pay them that money ahead of time for your ease. It has always been an option to not pay it until filing season.
This is why you use “withholdings” on your paycheck. It’s really shitty that you have to figure out the sweet spot with that and can totally screw yourself if you do it wrong, but that’s the option we have to not let the government borrow money for free. At least as an individual and not a company. You’re kinda screwed on taxes if you run a small business.
Try telling that to basically any decently sized company.
Companies don’t deserve the right. They’re not individuals, they don’t even pay enough taxes as it is
My comment was asking along the lines of companies not giving the employee the choice in having taxes deducted or not.
My company offers it and we’re worth billions. I’m surprised others don’t
Comapnies dont have that right. Companies are required to pay quarterly estimated taxes, and are fined if they are found to have underpaid on those estimates.