toobfreak
Tungsten/Glass Member
$30,000,000,000,000 and Counting
It was only $9,000,000,000,000 until Obumma took office.
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$30,000,000,000,000 and Counting
THAT is sheer stupidity. Raising tax rates reduces revenues.
Trump did contribute. I wasn’t happy he signed the bill he did, but, he signed
No it didn’t. Revenue was pathetic after the trump tax cuts. The rate increase was like we were in a recession. Nobody cares about debt when they get tax cuts. So nobody cares about more spending. Want people to care? Increase taxes.THAT is sheer stupidity. Raising tax rates reduces revenues. Learn how to speak English.
Raising tax rates reduces revenues.
Lowering tax rates increases revenues.
John F Kennedy: "'In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low - and the soundest way to raise revenues in the long run is to cut rates now.''
$30,000,000,000,000 and Counting
Can no one in Washington do math?
OP: The Democrats will literally destroy this nation with debt. Literally. That is not hyperbole. Oh, and if anyone brings up Trump you can shove that crap where the sun does not shine. Obama gave us more debt than all other presidents before him combined and handed that to Trump.
Trump did contribute. I wasn’t happy he signed the bill he did, but, he signed
Deficits decreased almost every year under Obama
Can’t deny thatYes, he contributed, but Democrats mostly own the current 30,000,000,000,000.00
Again, you need to learn how to speak English. Deficits and Debt are two different things you imbecile.
And by the way, no, they did not
I think most politicians know they cant keep pilling up debtClose but not quite. Bush II did, Reagan, the saint of all Cons, gave us almost twice as much debt than than all other presidents before him combined.
Deficits did decrease almost every year under Obama.Yes, he contributed, but Democrats mostly own the current 30,000,000,000,000.00
Again, you need to learn how to speak English. Deficits and Debt are two different things you imbecile.
And by the way, no, they did not
They can pile up debt until they start increasing taxes. Then Tax payers will care.I think most politicians know they cant keep pilling up debt
someday we will have to pay the piper
but the swamp rats in washington hope complete economic diaster does not occur on their watch
and if it does they have enough wealth and connection to escape the worst
but when it comes it will not be pretty
The greatest danger is high interest rates that could eat up most of the budgetThey can pile up debt until they start increasing taxes. Then Tax payers will care.
No, you’re too fucking stupid to actually read the OP, so you deflect and have to defend your Messiah Obozo by posting a bunch of crap with ZERO relevance to Obozo’s huge expenditures. Of course, you lie about everything anyway so nothing new....It is not a fact. You have been lied to and are too fucking stupid to do the math yourself.
Every time taxes are lowered, more revenue comes in. The Bush tax cuts led to 4 straight years of RECORD revenues coming in. Trump’s led to an increase in revenue. Reagan’s led to a doubling of revenues coming in, You’d know this if you weren’t just a lying lefturd who has to defend his beloved Obozo. Slink back under your rock now loser.Prove it. Show us the revenue the year before tax cuts and after and show it going down.
Thanks, we do not mind waiting.
BingoNo, you’re too fucking stupid to actually read the OP, so you deflect and have to defend your Messiah Obozo by posting a bunch of crap with ZERO relevance to Obozo’s huge expenditures. Of course, you lie about everything anyway so nothing new....
The greatest danger is high interest rates that could eat up most of the budget
And every time deficits increased. Are you too dumb to figure that out? The rate of increase under trump was pathetic btw. Revenue always increases, the rate is what matters.Every time taxes are lowered, more revenue comes in. The Bush tax cuts led to 4 straight years of RECORD revenues coming in. Trump’s led to an increase in revenue. Reagan’s led to a doubling of revenues coming in, You’d know this if you weren’t just a lying lefturd who has to defend his beloved Obozo. Slink back under your rock now loser.
And nobody cares about it because taxes keep going down.By law we must pay interest on the debt every year. The CBP estimated that the interest on the public debt was $413 billion for fiscal year 2021.
Did you know that Ronald Reagan's military spending for the military in 1988 was $393.1 billion ?
Hellooooo. And that supposedly broke the back of the Soviet Union.
The Debt will be the destruction of the nation.
And nobody cares about it because taxes keep going down.