Campbell
Gold Member
- Aug 20, 2015
- 3,866
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Why can't you assholes stick to the thread subject?Horse Shit.........You Wish!
Every time we had tax cuts for the rich the national debt increased proportionately. Think about it for a minute.........it's not rocket science.
The DEBT increased because SPENDING increased... it had NOTHING to do with the tax cuts! You can go look at the US Treasury Dept. website and see the tax revenue numbers ROSE 78.5% under Reagan. We INCREASED tax revenues!
And it wasn't "tax cuts for the rich" it was tax cuts on the top marginal wage earners... the RICH don't pay income taxes because very few of them earn taxable incomes. Most of their earnings is investment income. The tax cuts went to the small businessmen who are trying to become rich.
Horse shit! Damn funny things were fine and the national debt was about $1 trillion when Reagan started.......$4 trillion when he finished.
Because we had a Democrat congress that REFUSED to cut SPENDING!
Ol' Friend.....you're either ignorant or you're a goddamned liar. A fool can see the tax cuts and what they caused:
The Republicans never have seen a tax cut for corporations and the rich they didn't like but never have quit spending for their pet projects and war machine:
These figures came from the bureau of the debt....they're easily verified:
.....................................................................Total Debt...............................................................
09/30/2009 $11,909,829,003,511.75 (80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)
09/30/2008 $10,024,724,896,912.49 (Times Square Debt Clock Modified To Accommodate Tens of Trillions)
09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32
09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)
09/30/2002 $6,228,235,965,597.16
09/30/2001 $5,807,463,412,200.06 (First Bush Tax Cuts Enacted Using Reconciliation)
09/30/2000 $5,674,178,209,886.86 (Administration And Congress Arguing About How To Use Surplus)
09/30/1999 $5,656,270,901,615.43 (First Surplus Generated...On Track To Pay Off Debt By 2012)
09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32
09/30/1993 $4,411,488,883,139.38 (Debt Quadrupled By Reagan/Bush41)(Clinton raised tax rates early 1993)
09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00
09/30/1982 $1,142,034,000,000.00 (Total Debt Passes $1 Trillion) (Reagan Slashed Tax Rates To Pre Depression Levels)
09/30/1981 $997,855,000,000.00
You are STILL trying to leap from the tax cuts to the debt. The debt increase was the result of spending, not the tax cuts!
Federal Receipt and Outlay Summary
Tax revenues:
1980 - $517.1 bil
1988 - $909.2 bil
a 78.5% increase.
Reagan's tax cuts INCREASED tax revenues! The DEBT increased due to spending.... nothing to do with tax revenues.
Listen you dumbass......the Republicans cut tax rates and continued to spend at an increasing rate. If that doesn't ring your bell you don't have one. LESS INCOME.......MORE DEBT!!! DUUUUUUUHH
Fuck off and start a 'tax' thread!
OK.....the Russians were the reason Trump was elected. Hell.......more Americans wanted Hillary to be president:
- Popular Vote Totals: Hillary Clinton: 65,844,610; Donald Trump: 62,979,636; All Others: 7,804,213 (Total)
- Popular Vote Percentage: Hillary Clinton (48.2%); Donald Trump (46.1%); All Others (5.7%)