jc456
Diamond Member
- Dec 18, 2013
- 139,259
- 29,162
Outstanding post!!!!!!That wasn't your claim. You said they reduce revenues. That's a lie.
And to say a tax must "pay for themselves" assumes all money belongs to the government. It doesn't.
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Outstanding post!!!!!!That wasn't your claim. You said they reduce revenues. That's a lie.
And to say a tax must "pay for themselves" assumes all money belongs to the government. It doesn't.
how did they lose revenue?
son, you have no idea how revenue is received. YOu parrot demofk talking points. You have no idea that more jobs means more revenue. It's beyond your comprehension.Either you assholes have ZERO understanding of any of this or you are completely dishonest.
My guess is both. Stupidly dishonest
Can we?We currently afford that quite easily
Post the quote that states they lost revenue.![]()
Did the 2017 tax cut—the Tax Cuts and Jobs Act—pay for itself? | Brookings
William Gale disproves a popular mischaracterization of the 2017 Tax Cuts and Jobs Act.www.brookings.edu
You're conflating spending with debt. Not all spending is borrowed. Not all plans to spend have materialized. So try sticking with reality.Does that count the $1.5 trillion he wants to spend?
Does that count the $3.5 trillion he wants to spend?
This is like talking economics with my DOGThat wasn't your claim. You said they reduce revenues. That's a lie.
And to say a tax must "pay for themselves" assumes all money belongs to the government. It doesn't.
Adjusted for inflation, total revenues fell from FY2017 to FY2018 (Figure 1). Adjusted for the size of the economy, they fell even more.
You just did retardPost the quote that states they lost revenue.
Sonson, you have no idea how revenue is received. YOu parrot demofk talking points. You have no idea that more jobs means more revenue. It's beyond your comprehension.
so you can't post the paragraph from your link to show we lost revenue. Just as I thought. The fact is, I've never said anything about tax cuts paying for themselves, that's talking points. What I do know because of math and economic's is that tax cuts move money. Creates jobs where individuals pay federal taxes that is turned in as revenue. Come back to the discussion when you've figured out how an economy moves money. Oh, and there isn't one demofk who knows that scenario.Son
The actual amount of tax revenue collected in FY2018 was significantly lower than the CBO’s projection made in January 2017—before the tax cut was signed into law.
got nothing I see.You just did retard
It does not serve the leftist/socialist ideology these clowns espouse to admit to the plain truth of revenue and tax cuts.son, you have no idea how revenue is received. YOu parrot demofk talking points. You have no idea that more jobs means more revenue. It's beyond your comprehension.
Poor baby, cry to the U.S. Treasury. That's where the debt figures I posted come from...What a crock of shit. Biden sent out $1.9 TRILLION in stimulus checks alone back in March. That is roughly $211 BILLION per month added to the debt.
That is over and above all the other deficit spending.
You are a moron and a liar, Fawnboi.
Poor baby, cry to the U.S. Treasury. That's where the debt figures I posted come from...
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You are arguing with a troll. For what purpose, I have no idea. LOL![]()
Did the 2017 tax cut—the Tax Cuts and Jobs Act—pay for itself? | Brookings
William Gale disproves a popular mischaracterization of the 2017 Tax Cuts and Jobs Act.www.brookings.edu
No...it did not. It added to the debt
I don't even know what a tax cut pays for itself means. Pure misdirection of facts. The fact is, a tax cut creates revenue. Always will, smart politicians know this. That's why there isn't a smart demofk.This is like talking economics with my DOG
A. It assumes no such thing
B. If a tax cut doesn't pay for itself by increasing revenues MORE than it reduces projected revenues...it has not paid for itself and has added to the debt
nope, inaccurate, they brought in more revenue. I quoted it for you and you ignored it. why? Are you willing to bow to a demofk that tax cuts lose money? really? You know that is fictitious? more private jobs, more revenue, that's economics 101. And you argue against that? wow. I thought of you as smarter than that.The gop's argument on this is purely political. Trump increased spending and reduced the amount of taxes the govt would have collected.
Trump increased spending and reduced the amount of taxes the govt would have collected.
factually, congress didn't cut spending. Not Trump. Trump merely signed the bill. That was wrong, but I understood why he did it. Doesn't matter, congress owns a budget, not a president. Even xiden doesn't own it. #stop spending should be the mantra.The fact that Trump asked Paul Ryan to cut spending, to fund the wall, and other things is not part of the narrative. Paul Ryan did Trump's first two budgets, and those included no money for the wall.
"Trump's budget" = no money for the Wall
"They" think we are really DUMB