nat4900
Diamond Member
- Mar 3, 2015
- 42,021
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In the next few days we will hear more reports on exactly how "successful" Trump's tax scam has proven to our economy.
But, before that....bear this in mind....Obama took the unemployment rate down by almost SIX percentage points......while Trump lowered it still by a HALF of a percentage point.
Second, the GDP (not the best of economic indicators) was also high for Obama when the computation is made by quarters and not by year.
Now.......The Trump TAX SCAM
Remember that when the law was passed, Trump (as usual) went down vacationing to Mar-a-Lago and told his friends, :I JUST MADE YOU GUYS A LOT RICHER...."
We are learning that the number of large corporations who paid ZERO taxes in the last two years has DOUBLED.
We are also learning that the tax revenue coming in to Treasury for 2018, is THIRTY-ONE lower.......and this deficit explains why Trump had to borrow $1.4 TRILLION to finance his scam.
Bear in mind that an apropos analogy boils down to this:
Trump went and took a second mortgage on your home.........handed you a couple of thousand dollars......and left you with the higher payment on your debt to handle in the years to come....
REMEMBER.......the tax cuts is PERMANENT for folks like Trump.....and only TEMPORARY for middle and lower classes...........NICE, HUH???
These 60 Companies (Legally) Paid $0 In Taxes Last Year ...
But, before that....bear this in mind....Obama took the unemployment rate down by almost SIX percentage points......while Trump lowered it still by a HALF of a percentage point.
Second, the GDP (not the best of economic indicators) was also high for Obama when the computation is made by quarters and not by year.
Now.......The Trump TAX SCAM
Remember that when the law was passed, Trump (as usual) went down vacationing to Mar-a-Lago and told his friends, :I JUST MADE YOU GUYS A LOT RICHER...."
We are learning that the number of large corporations who paid ZERO taxes in the last two years has DOUBLED.
We are also learning that the tax revenue coming in to Treasury for 2018, is THIRTY-ONE lower.......and this deficit explains why Trump had to borrow $1.4 TRILLION to finance his scam.
Bear in mind that an apropos analogy boils down to this:
Trump went and took a second mortgage on your home.........handed you a couple of thousand dollars......and left you with the higher payment on your debt to handle in the years to come....
REMEMBER.......the tax cuts is PERMANENT for folks like Trump.....and only TEMPORARY for middle and lower classes...........NICE, HUH???
These 60 Companies (Legally) Paid $0 In Taxes Last Year ...