Income Tax Revenues Are Up 9% This Year — Is Trump Tax Cut Paying For Itself?

Taxes are up because the govt always, always raises taxes when they give a tax cut, it's slight of hand trick.
Tariffs=another raise in taxes
I've been wondering if the tariff trick is a means for Trump to take more money from the middle and lower classes, and snickering behind closed doors that his peasant base applauds it. Certainly, it's not the rich who will feel the weight of the tariffs.

Yes that was our plan all along, Russia is helping us and we put mind control chems in the water supply. :icon_rolleyes:
I've seen you retards believe stupider things. I can't tell if you're being sarcastic anymore.
I think they'd drown in a pool of their own piss if Trump said to do as such...
 
complexity favors the wealthy, because they can hire lawyers and accountants. we need to simplify the tax code!

90% of filers will file the short form under Trump's tax reform bill.
Yes because there is no need to itemize since it's for the wealthy..You know like for the Romney's who use a tax deduction for their Olympic competition horses?

That's right, with a whopping $24k standard deduction for married couples there's no reason to itemize. Oh wait blue states got screwed, oh well winners and losers.
 
the way Washington works, if you put something in the tax code or create a new regulation, it stays forever. the burden of proof is on the person who wants to take it away. we have to turn the burden of proof upside down and put it on the folks who want to create something out of thin air.

makes sense?
 
  1. Next year when the effects of the tariffs are beginning you will see a slowing of the economy and maybe a recession......
 
Taxes are up because the govt always, always raises taxes when they give a tax cut, it's slight of hand trick.
Tariffs=another raise in taxes
I've been wondering if the tariff trick is a means for Trump to take more money from the middle and lower classes, and snickering behind closed doors that his peasant base applauds it. Certainly, it's not the rich who will feel the weight of the tariffs.

Yes that was our plan all along, Russia is helping us and we put mind control chems in the water supply. :icon_rolleyes:
I've seen you retards believe stupider things. I can't tell if you're being sarcastic anymore.

No seriously the Russians are running our entire country :cuckoo:
 
complexity favors the wealthy, because they can hire lawyers and accountants. we need to simplify the tax code!

90% of filers will file the short form under Trump's tax reform bill.
Yes because there is no need to itemize since it's for the wealthy..You know like for the Romney's who use a tax deduction for their Olympic competition horses?

That's right, with a whopping $24k standard deduction for married couples there's no reason to itemize. Oh wait blue states got screwed, oh well winners and losers.
Peanutz for the peasants..
 
Taxes are up because the govt always, always raises taxes when they give a tax cut, it's slight of hand trick.
Tariffs=another raise in taxes
I've been wondering if the tariff trick is a means for Trump to take more money from the middle and lower classes, and snickering behind closed doors that his peasant base applauds it. Certainly, it's not the rich who will feel the weight of the tariffs.

Yes that was our plan all along, Russia is helping us and we put mind control chems in the water supply. :icon_rolleyes:
You ain't jack so you don't know jack...

Alrighty then.
 
Taxes are up because the govt always, always raises taxes when they give a tax cut, it's slight of hand trick.
Tariffs=another raise in taxes
I've been wondering if the tariff trick is a means for Trump to take more money from the middle and lower classes, and snickering behind closed doors that his peasant base applauds it. Certainly, it's not the rich who will feel the weight of the tariffs.

Yes that was our plan all along, Russia is helping us and we put mind control chems in the water supply. :icon_rolleyes:
I've seen you retards believe stupider things. I can't tell if you're being sarcastic anymore.

No seriously the Russians are running our entire country :cuckoo:
They certainly installed our President. But the only check and balance the constitution created to counter that is currently run by people that are thrilled about it.
 
Taxes are up because the govt always, always raises taxes when they give a tax cut, it's slight of hand trick.
Tariffs=another raise in taxes
I've been wondering if the tariff trick is a means for Trump to take more money from the middle and lower classes, and snickering behind closed doors that his peasant base applauds it. Certainly, it's not the rich who will feel the weight of the tariffs.

Yes that was our plan all along, Russia is helping us and we put mind control chems in the water supply. :icon_rolleyes:
I've seen you retards believe stupider things. I can't tell if you're being sarcastic anymore.

No seriously the Russians are running our entire country :cuckoo:
Tell them my sink is clogged...
 
complexity favors the wealthy, because they can hire lawyers and accountants. we need to simplify the tax code!

90% of filers will file the short form under Trump's tax reform bill.
Yes because there is no need to itemize since it's for the wealthy..You know like for the Romney's who use a tax deduction for their Olympic competition horses?

That's right, with a whopping $24k standard deduction for married couples there's no reason to itemize. Oh wait blue states got screwed, oh well winners and losers.
Peanutz for the peasants..

Pelosi?
 
yes they are, just like we said they would

nothing to see here folks, move along

apocalypse incoming with Trump SCOTUS nominee, literally millions will DIE

Income Tax Revenues Are Up 9% As Trump's Pro-Growth Tax Cuts Kick In

Supply-Side Economics: Democrats scoffed at Republicans who said the Trump tax cuts would at least partially pay for themselves through higher economic growth. But it looks like the GOP had it right all along, as revenues climb.

The latest monthly budget report from the nonpartisan Congressional Budget Office finds that revenues from federal income taxes were $76 billion higher in the first half of this year, compared with the first half of 2017. That's a 9% jump, even though the lower income tax withholding schedules went into effect in February.

The CBO says the gain "largely reflects increases in wages and salaries."

For the fiscal year as a whole — which started last October — all federal revenues are up by $31 billion. That's a 1.2% in increase over last year, the CBO says.

The Treasury Department, which issues a separate monthly report, says it expects federal revenues will continue to exceed last year's for the rest of the 2018 fiscal year.

Not at the rate they are spending money

^That. A balance needs to be reached.
 
Taxes are up because the govt always, always raises taxes when they give a tax cut, it's slight of hand trick.
Tariffs=another raise in taxes
I've been wondering if the tariff trick is a means for Trump to take more money from the middle and lower classes, and snickering behind closed doors that his peasant base applauds it. Certainly, it's not the rich who will feel the weight of the tariffs.

Yes that was our plan all along, Russia is helping us and we put mind control chems in the water supply. :icon_rolleyes:
I've seen you retards believe stupider things. I can't tell if you're being sarcastic anymore.

No seriously the Russians are running our entire country :cuckoo:
They certainly installed our President. But the only check and balance the constitution created to counter that is currently run by people that are thrilled about it.

You liberals just hate government by the people. Hey maybe you can invade Canada and go live your Nazi dreams.
 
complexity favors the wealthy, because they can hire lawyers and accountants. we need to simplify the tax code!

90% of filers will file the short form under Trump's tax reform bill.
Yes because there is no need to itemize since it's for the wealthy..You know like for the Romney's who use a tax deduction for their Olympic competition horses?

That's right, with a whopping $24k standard deduction for married couples there's no reason to itemize. Oh wait blue states got screwed, oh well winners and losers.
Peanutz for the peasants..

Pelosi?
Reduced income taxes and a healthy raise in health insurance premiums and FICA.
 
Taxes are up because the govt always, always raises taxes when they give a tax cut, it's slight of hand trick.
Tariffs=another raise in taxes
I've been wondering if the tariff trick is a means for Trump to take more money from the middle and lower classes, and snickering behind closed doors that his peasant base applauds it. Certainly, it's not the rich who will feel the weight of the tariffs.

Yes that was our plan all along, Russia is helping us and we put mind control chems in the water supply. :icon_rolleyes:
I've seen you retards believe stupider things. I can't tell if you're being sarcastic anymore.

No seriously the Russians are running our entire country :cuckoo:
Tell them my sink is clogged...

What you need to do is either man up, or call a plumber.

Clogged sinks, that's not a problem for me because I'm a man.

You're still the man if you call the plumber and pay him, btw.

Whatever it takes to get the job done.
 
I've been wondering if the tariff trick is a means for Trump to take more money from the middle and lower classes, and snickering behind closed doors that his peasant base applauds it. Certainly, it's not the rich who will feel the weight of the tariffs.

Yes that was our plan all along, Russia is helping us and we put mind control chems in the water supply. :icon_rolleyes:
I've seen you retards believe stupider things. I can't tell if you're being sarcastic anymore.

No seriously the Russians are running our entire country :cuckoo:
Tell them my sink is clogged...

What you need to do is either man up,or call a plumber.

Clogged sinks, that's not a problem for me because I'm a man.
If I could blow as hard as you I could clear those sinks out with no problems..
 
yes they are, just like we said they would

nothing to see here folks, move along

apocalypse incoming with Trump SCOTUS nominee, literally millions will DIE

Income Tax Revenues Are Up 9% As Trump's Pro-Growth Tax Cuts Kick In

Supply-Side Economics: Democrats scoffed at Republicans who said the Trump tax cuts would at least partially pay for themselves through higher economic growth. But it looks like the GOP had it right all along, as revenues climb.

The latest monthly budget report from the nonpartisan Congressional Budget Office finds that revenues from federal income taxes were $76 billion higher in the first half of this year, compared with the first half of 2017. That's a 9% jump, even though the lower income tax withholding schedules went into effect in February.

The CBO says the gain "largely reflects increases in wages and salaries."

For the fiscal year as a whole — which started last October — all federal revenues are up by $31 billion. That's a 1.2% in increase over last year, the CBO says.

The Treasury Department, which issues a separate monthly report, says it expects federal revenues will continue to exceed last year's for the rest of the 2018 fiscal year.

Not at the rate they are spending money

^That. A balance needs to be reached.

Washington DC just squealed like a stuck pig at the mere suggestion of a balanced budget.
 

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