Liberals are really gonna hate this.

[Harpy Eagle]

But then, they have always hated the truth. It gets in the way of their favorite hobby. Destroying America.

Why else would they be opposed to tax cuts? Here is the historical truth about the effects of tax cuts on the economy.

Read it and weep, liberal snowflakes.

The Historical Lessons of Lower Tax Rates

The heritage foundation from 15 years ago.

Desperate much


Sent from my iPhone using USMessageBoard.com

tac cuts with a booming economy?/ A good thing ?? Only in repub world

On track for a 2.6 trillion dollar deficit this year...a good thing only in the Repub world.

 

[Harpy Eagle]

Reagan's economic policy failed because he and Tip O'Neill gave each other reach-arounds and spent like a couple of trust-fund kids. That and Amnesty are the reasons I rank Reagan as a mid-level president, at best. He just seemed like a good president because Jimmy Fucking Carter sucked 10 miles of donkey anus.

Tax cuts AND spending cuts make for good economic policy, the like of which we have not seen since Calvin Coolidge.

That is why we are on track for 2.6 trillion dollar deficit this year. That is some good economic policy!

 

[Mr Natural]

St Trumpy knows how to deal with debt. Just ask His suppliers.

 

[eddiew37]

St Trumpy knows how to deal with debt. Just ask His suppliers.

go bankrupt ,,,,like he's trying to take america

 

[Tax Man]

Just read my avatar.

 

[RWNJ]

The truth is that tax cuts have always resulted in more tax revenue. What the government does with this largess is the problem. Tax cuts have never hurt the economy. That's a fact.

 

[Siete]

St Trumpy knows how to deal with debt. Just ask His suppliers.

go bankrupt ,,,,like he's trying to take america

he's a F'n Russian - he is trying to take America

 

[RWNJ]

St Trumpy knows how to deal with debt. Just ask His suppliers.

go bankrupt ,,,,like he's trying to take america

he's a F'n Russian - he is trying to take America

LOL! Too funny. You are delusional. Seek professional help. Do it now, before it's too late. Or is it already too late?

 

[miketx]

But then, they have always hated the truth. It gets in the way of their favorite hobby. Destroying America.

Why else would they be opposed to tax cuts? Here is the historical truth about the effects of tax cuts on the economy.

Read it and weep, liberal snowflakes.

The Historical Lessons of Lower Tax Rates

The heritage foundation from 15 years ago.

Desperate much


Sent from my iPhone using USMessageBoard.com

tac cuts with a booming economy?/ A good thing ?? Only in repub world

Hate to tell you troll, it'd your world too and it's called reality.

 

[Siete]

St Trumpy knows how to deal with debt. Just ask His suppliers.

go bankrupt ,,,,like he's trying to take america

he's a F'n Russian - he is trying to take America

LOL! Too funny. You are delusional. Seek professional help. Do it now, before it's too late. Or is it already too late?

and youre a trickle down idiot .. seek IQ points.

 

[Doc1]

St Trumpy knows how to deal with debt. Just ask His suppliers.

go bankrupt ,,,,like he's trying to take america

he's a F'n Russian - he is trying to take America

LOL! Too funny. You are delusional. Seek professional help. Do it now, before it's too late. Or is it already too late?

and youre a trickle down idiot .. seek IQ points.

Feel free to send the Gov as much of your own money as you like numb nuts.

 

[BluesLegend]

Fine we'll cut all the welfare for you worthless freeloaders to pay for the tax cut, happy now?

 

[Admiral Rockwell Tory]

But then, they have always hated the truth. It gets in the way of their favorite hobby. Destroying America.

Why else would they be opposed to tax cuts? Here is the historical truth about the effects of tax cuts on the economy.

Read it and weep, liberal snowflakes.

The Historical Lessons of Lower Tax Rates

I don't hate this. In fact I love it because you just made a damned fool of your self. You just proved that it's you and your ilk who hate the truth. The Heritage foundation? Really? Here is a dose of the truth:

Tax Rates During the Best Years for Economic Growth

Discussion: The tax rate for the top income tax bracket was much higher than it is today for most of modern history and economic growth was generally faster when it was quite a bit higher than it is today.

However, it is important to note that the marginal rate for the top income tax bracket is not a perfect measure of the tax burden of the rich. A better measure would compare the effective tax rate on all types of income for the rich. Unfortunately, that data is not available going back very many years, so we need to live with a rough approximation. Luckily, the top tax rate has generally tended to rise and fall roughly along with the capital gains rate and the estate tax, and to have an inverse relationship to the number of deductions and loopholes the rich take advantage of. When the politicians have been inclined to reduce the taxes of the rich, they have typically reduced them in all of those ways and vice versa.

Of course, high taxes on the rich (or any bracket) does not in and of itself increase economic growth. Taking money out of the economy in the form of taxation always slows economic growth. But, raising tax revenues allows the government to spend, which always boosts economic growth, and the data does suggest that a dollar in government spending tends to do more good for the economy than a dollar in income for the rich. It is, however, possible that the relationship is not causal at all and that the high tax rates are a response to economic growth rather than a cause. But, at the very least, the data proves beyond a doubt that much higher taxes on the rich than we have today can be compatible with much faster economic growth than we have today.

I love that you conveniently failed to mention what the brackets actually were!

You lied.

 

[del]

there's a reason it's called the laffer curve

 

[del]

cons insist that lower taxes grow the economy and lead to higher govt revenue in the face of pervasive and repeated evidence they don't

see also: brownbackistan aka kansas

 

[Faun]

Reagan's economic policy failed because he and Tip O'Neill gave each other reach-arounds and spent like a couple of trust-fund kids. That and Amnesty are the reasons I rank Reagan as a mid-level president, at best. He just seemed like a good president because Jimmy Fucking Carter sucked 10 miles of donkey anus.

Tax cuts AND spending cuts make for good economic policy, the like of which we have not seen since Calvin Coolidge.

And just who was responsible for that spending? Recall that all spending is authorized by the House of Representatives. Who had control of the House at the time? It was the Democrats. Also, I can't remember if happened under Reagan, or one of the Bushes. I believe it was Bush. Congress promised to cut spending if Bush would raise taxes. He raised taxes, but Congress broke their promise and went on a spending spree. Face it. Every economic woe we suffer from is a result of the Democrats.

How did that Congress spend a dime without Reagan’s approval??

 

[Faun]

The truth is that tax cuts have always resulted in more tax revenue. What the government does with this largess is the problem. Tax cuts have never hurt the economy. That's a fact.

What additional spending has there been since the tax cuts went into effect at the start of the year which has caused the debt to begin increasing at 158% rate faster than between the beginning of FY2018 and the end of calendar year 2017?

That’s approaching triple the rate (where triple is 200%).

 

[Faun]

cons insist that lower taxes grow the economy and lead to higher govt revenue in the face of pervasive and repeated evidence they don't

see also: brownbackistan aka kansas

And they almost never have.

 

[rshermn]

there's a reason it's called the laffer curve

in an effort to be more honest, they considered calling it the giggle curve.

 

[TheProgressivePatriot]

But then, they have always hated the truth. It gets in the way of their favorite hobby. Destroying America.

Why else would they be opposed to tax cuts? Here is the historical truth about the effects of tax cuts on the economy.

Read it and weep, liberal snowflakes.

The Historical Lessons of Lower Tax Rates

I don't hate this. In fact I love it because you just made a damned fool of your self. You just proved that it's you and your ilk who hate the truth. The Heritage foundation? Really? Here is a dose of the truth:

Tax Rates During the Best Years for Economic Growth

Discussion: The tax rate for the top income tax bracket was much higher than it is today for most of modern history and economic growth was generally faster when it was quite a bit higher than it is today.

However, it is important to note that the marginal rate for the top income tax bracket is not a perfect measure of the tax burden of the rich. A better measure would compare the effective tax rate on all types of income for the rich. Unfortunately, that data is not available going back very many years, so we need to live with a rough approximation. Luckily, the top tax rate has generally tended to rise and fall roughly along with the capital gains rate and the estate tax, and to have an inverse relationship to the number of deductions and loopholes the rich take advantage of. When the politicians have been inclined to reduce the taxes of the rich, they have typically reduced them in all of those ways and vice versa.

Of course, high taxes on the rich (or any bracket) does not in and of itself increase economic growth. Taking money out of the economy in the form of taxation always slows economic growth. But, raising tax revenues allows the government to spend, which always boosts economic growth, and the data does suggest that a dollar in government spending tends to do more good for the economy than a dollar in income for the rich. It is, however, possible that the relationship is not causal at all and that the high tax rates are a response to economic growth rather than a cause. But, at the very least, the data proves beyond a doubt that much higher taxes on the rich than we have today can be compatible with much faster economic growth than we have today.

I love that you conveniently failed to mention what the brackets actually were!

You lied.

I lied Saylor boy? About what? I included the top tax rate. Can you refute the documented result? I didn't think so.