Tax Revenues Jump 13% To Record High In April — When Will Dems Admit They Were Wrong?

[bripat9643]

*Partially* pay for themselves, huh?

We’rent they supposed to completely pay for themselves? And if the tax cuts are the cause of the increases, why has the rate of increase slowed compared to 2012 through 2016?

View attachment 205808

And of course, the deficit is exploding.

You......you didn’t actually believe that Republicans gave a fiddlers fuck about fiscal responsibility, did you?

The deficit is exploding because of spending, most of which the Dims demanded.

All you snowflakes claimed revenue would decrease if we cut taxes. When are you going to admit that you were wrong?

We claimed that tax cuts wouldn’t pay for themselves. And the exploding deficit demonstrates this. With the rate of growth SLOWER after the tax cuts than they were from 2012 to 2016.

Wasn’t Trump supposed to run the government like a business? How is exploding the deficit running the government like a business?

Well it kinda is how he ran his businesses, remember the 6 bankruptcies!

Remember all those businesses Obama had? . . . . . . .

He had none and didn't screw 1000's like your leader has

Trump created thousands of jobs. Obama looted the U.S. treasury for billions of dollars.

 

[Harpy Eagle]

The deficit is exploding because of spending, most of which the Dims demanded.

All you snowflakes claimed revenue would decrease if we cut taxes. When are you going to admit that you were wrong?

We claimed that tax cuts wouldn’t pay for themselves. And the exploding deficit demonstrates this. With the rate of growth SLOWER after the tax cuts than they were from 2012 to 2016.

Wasn’t Trump supposed to run the government like a business? How is exploding the deficit running the government like a business?

Well it kinda is how he ran his businesses, remember the 6 bankruptcies!

Remember all those businesses Obama had? . . . . . . .

He had none and didn't screw 1000's like your leader has

Trump created thousands of jobs. Obama looted the U.S. treasury for billions of dollars.

 

[edward37]

The deficit is exploding because of spending, most of which the Dims demanded.

All you snowflakes claimed revenue would decrease if we cut taxes. When are you going to admit that you were wrong?

We claimed that tax cuts wouldn’t pay for themselves. And the exploding deficit demonstrates this. With the rate of growth SLOWER after the tax cuts than they were from 2012 to 2016.

Wasn’t Trump supposed to run the government like a business? How is exploding the deficit running the government like a business?

Well it kinda is how he ran his businesses, remember the 6 bankruptcies!

Remember all those businesses Obama had? . . . . . . .

He had none and didn't screw 1000's like your leader has

Trump created thousands of jobs. Obama looted the U.S. treasury for billions of dollars.

Obama 75 straight months of 6 digit job gains Let trump and repubs choke on that

 

[Aldo Raine]

Some snowflakes in this forum are claiming government revenues are down since the tax cut. Then why does the CBO say they are up 13%?

Trump Tax Cuts: Revenues Hit Record High In April​

The federal government collected far more taxes this April than it did a year ago, despite the "budget busting" Trump tax cuts. So, we'll ask again: Are the tax cuts paying for themselves?

According to the latest monthly report from the Congressional Budget Office, revenues in April totaled $515 billion — a 13% increase over last April and an all-time high for the month.

For the current 2018 fiscal year, which started last October, revenues are $83 billion higher than they were the year before — an increase of 4.3%. That's a faster rate of growth than occurred during President Obama's last years in office. (See nearby chart.)

Individual taxes, the CBO report says, are up 11.5% so far this fiscal year, and payroll taxes are up 2.8%. Both are signs of a healthy labor market, which is creating more jobs, higher wages and, as a result, more tax revenues. Those gains, the CBO says, more than offset the 22% decline in corporate income taxes.

In other words, in a fiscal year that's seven months old (four of which were after the tax cuts went into effect), federal revenues are higher than ever.

Or, to put it another way, it looks like those of us who predicted the pro-growth tax cuts would at least partially pay for themselves through increased economic growth were correct.

The CBO admitted as much earlier this year, when it sharply increased its forecast for economic growth this year and next, largely because of Trump's tax cuts. That, in turn, will generate $1 trillion more in revenues than expected.​

*Partially* pay for themselves, huh?

We’rent they supposed to completely pay for themselves? And if the tax cuts are the cause of the increases, why has the rate of increase slowed compared to 2012 through 2016?

View attachment 205808

And of course, the deficit is exploding.

You......you didn’t actually believe that Republicans gave a fiddlers fuck about fiscal responsibility, did you?

The deficit is exploding because of spending, most of which the Dims demanded.

All you snowflakes claimed revenue would decrease if we cut taxes. When are you going to admit that you were wrong?

We claimed that tax cuts wouldn’t pay for themselves. And the exploding deficit demonstrates this. With the rate of growth SLOWER after the tax cuts than they were from 2012 to 2016.

Wasn’t Trump supposed to run the government like a business? How is exploding the deficit running the government like a business?

Well it kinda is how he ran his businesses, remember the 6 bankruptcies!

Remember all those businesses Obama had? . . . . . . .

Remember all those bankruptcies he didn't have?

 

[bripat9643]

We claimed that tax cuts wouldn’t pay for themselves. And the exploding deficit demonstrates this. With the rate of growth SLOWER after the tax cuts than they were from 2012 to 2016.

Wasn’t Trump supposed to run the government like a business? How is exploding the deficit running the government like a business?

Well it kinda is how he ran his businesses, remember the 6 bankruptcies!

Remember all those businesses Obama had? . . . . . . .

He had none and didn't screw 1000's like your leader has

Trump created thousands of jobs. Obama looted the U.S. treasury for billions of dollars.

Obama 75 straight months of 6 digit job gains Let trump and repubs choke on that

The most anemic recovery since the Great Depression.

 

[bripat9643]

*Partially* pay for themselves, huh?

We’rent they supposed to completely pay for themselves? And if the tax cuts are the cause of the increases, why has the rate of increase slowed compared to 2012 through 2016?

View attachment 205808

And of course, the deficit is exploding.

You......you didn’t actually believe that Republicans gave a fiddlers fuck about fiscal responsibility, did you?

The deficit is exploding because of spending, most of which the Dims demanded.

All you snowflakes claimed revenue would decrease if we cut taxes. When are you going to admit that you were wrong?

We claimed that tax cuts wouldn’t pay for themselves. And the exploding deficit demonstrates this. With the rate of growth SLOWER after the tax cuts than they were from 2012 to 2016.

Wasn’t Trump supposed to run the government like a business? How is exploding the deficit running the government like a business?

Well it kinda is how he ran his businesses, remember the 6 bankruptcies!

Remember all those businesses Obama had? . . . . . . .

Remember all those bankruptcies he didn't have?

You have to own a business before it can go bankrupt.

 

[Patriot52]

On the nightly business report, they said that much of this was cash from tariffs. They tax you even when they are giving you tax breaks. It's only fair. No free lunch.

 

[Faun]

Well it kinda is how he ran his businesses, remember the 6 bankruptcies!

Remember all those businesses Obama had? . . . . . . .

He had none and didn't screw 1000's like your leader has

Trump created thousands of jobs. Obama looted the U.S. treasury for billions of dollars.

Obama 75 straight months of 6 digit job gains Let trump and repubs choke on that

The most anemic recovery since the Great Depression.

And by anemic, the fucking moron means at the same rate of growth as we have now...

 

[edward37]

Well it kinda is how he ran his businesses, remember the 6 bankruptcies!

Remember all those businesses Obama had? . . . . . . .

He had none and didn't screw 1000's like your leader has

Trump created thousands of jobs. Obama looted the U.S. treasury for billions of dollars.

Obama 75 straight months of 6 digit job gains Let trump and repubs choke on that

The most anemic recovery since the Great Depression.

Not that easy coming off a republican great recession,, but he left dump a far better economy than he was given

 

[bripat9643]

Remember all those businesses Obama had? . . . . . . .

He had none and didn't screw 1000's like your leader has

Trump created thousands of jobs. Obama looted the U.S. treasury for billions of dollars.

Obama 75 straight months of 6 digit job gains Let trump and repubs choke on that

The most anemic recovery since the Great Depression.

And by anemic, the fucking moron means at the same rate of growth as we have now...

Employment is not the same as economic growth, you fucking moron.

 

[bripat9643]

Remember all those businesses Obama had? . . . . . . .

He had none and didn't screw 1000's like your leader has

Trump created thousands of jobs. Obama looted the U.S. treasury for billions of dollars.

Obama 75 straight months of 6 digit job gains Let trump and repubs choke on that

The most anemic recovery since the Great Depression.

Not that easy coming off a republican great recession,, but he left dump a far better economy than he was given

The rule is "the deeper the recession, the sharper the rebound." Obama's policies were deterimental to the economy. Doing nothing would have produced better results.

 

[edward37]

He had none and didn't screw 1000's like your leader has

Trump created thousands of jobs. Obama looted the U.S. treasury for billions of dollars.

Obama 75 straight months of 6 digit job gains Let trump and repubs choke on that

The most anemic recovery since the Great Depression.

And by anemic, the fucking moron means at the same rate of growth as we have now...

Employment is not the same as economic growth, you fucking moron.

ASS HOLE where did dump get his economic growth from ? From Obama you fn pos

 

[bripat9643]

Trump created thousands of jobs. Obama looted the U.S. treasury for billions of dollars.

Obama 75 straight months of 6 digit job gains Let trump and repubs choke on that

The most anemic recovery since the Great Depression.

And by anemic, the fucking moron means at the same rate of growth as we have now...

Employment is not the same as economic growth, you fucking moron.

ASS HOLE where did dump get his economic growth from ? From Obama you fn pos

Horseshit. He got it from cutting taxes and regulations. In other words, he got it by rolling back Obama's agenda.

 

[Weatherman2020]

Some snowflakes in this forum are claiming government revenues are down since the tax cut. Then why does the CBO say they are up 13%?

Trump Tax Cuts: Revenues Hit Record High In April​

The federal government collected far more taxes this April than it did a year ago, despite the "budget busting" Trump tax cuts. So, we'll ask again: Are the tax cuts paying for themselves?

According to the latest monthly report from the Congressional Budget Office, revenues in April totaled $515 billion — a 13% increase over last April and an all-time high for the month.

For the current 2018 fiscal year, which started last October, revenues are $83 billion higher than they were the year before — an increase of 4.3%. That's a faster rate of growth than occurred during President Obama's last years in office. (See nearby chart.)

Individual taxes, the CBO report says, are up 11.5% so far this fiscal year, and payroll taxes are up 2.8%. Both are signs of a healthy labor market, which is creating more jobs, higher wages and, as a result, more tax revenues. Those gains, the CBO says, more than offset the 22% decline in corporate income taxes.

In other words, in a fiscal year that's seven months old (four of which were after the tax cuts went into effect), federal revenues are higher than ever.

Or, to put it another way, it looks like those of us who predicted the pro-growth tax cuts would at least partially pay for themselves through increased economic growth were correct.

The CBO admitted as much earlier this year, when it sharply increased its forecast for economic growth this year and next, largely because of Trump's tax cuts. That, in turn, will generate $1 trillion more in revenues than expected.​

But bazzilions will die from the Trump tax cuts!

 

[edward37]

Obama 75 straight months of 6 digit job gains Let trump and repubs choke on that

The most anemic recovery since the Great Depression.

And by anemic, the fucking moron means at the same rate of growth as we have now...

Employment is not the same as economic growth, you fucking moron.

ASS HOLE where did dump get his economic growth from ? From Obama you fn pos

Horseshit. He got it from cutting taxes and regulations. In other words, he got it by rolling back Obama's agenda.

Yeah Fk clean air and water Who needs it?

 

[Faun]

He had none and didn't screw 1000's like your leader has

Trump created thousands of jobs. Obama looted the U.S. treasury for billions of dollars.

Obama 75 straight months of 6 digit job gains Let trump and repubs choke on that

The most anemic recovery since the Great Depression.

And by anemic, the fucking moron means at the same rate of growth as we have now...

Employment is not the same as economic growth, you fucking moron.

Fucking moron, employment is one of the leading economic indicators.

.... and was the one YOU mentioned...

 

[edward37]

Some snowflakes in this forum are claiming government revenues are down since the tax cut. Then why does the CBO say they are up 13%?

Trump Tax Cuts: Revenues Hit Record High In April​

The federal government collected far more taxes this April than it did a year ago, despite the "budget busting" Trump tax cuts. So, we'll ask again: Are the tax cuts paying for themselves?

According to the latest monthly report from the Congressional Budget Office, revenues in April totaled $515 billion — a 13% increase over last April and an all-time high for the month.

For the current 2018 fiscal year, which started last October, revenues are $83 billion higher than they were the year before — an increase of 4.3%. That's a faster rate of growth than occurred during President Obama's last years in office. (See nearby chart.)

Individual taxes, the CBO report says, are up 11.5% so far this fiscal year, and payroll taxes are up 2.8%. Both are signs of a healthy labor market, which is creating more jobs, higher wages and, as a result, more tax revenues. Those gains, the CBO says, more than offset the 22% decline in corporate income taxes.

In other words, in a fiscal year that's seven months old (four of which were after the tax cuts went into effect), federal revenues are higher than ever.

Or, to put it another way, it looks like those of us who predicted the pro-growth tax cuts would at least partially pay for themselves through increased economic growth were correct.

The CBO admitted as much earlier this year, when it sharply increased its forecast for economic growth this year and next, largely because of Trump's tax cuts. That, in turn, will generate $1 trillion more in revenues than expected.​

But bazzilions will die from the Trump tax cuts!

You get one of those measly cuts?,,,,,When you see prices rising those cuts won't mean shit

 

[edward37]

Trump created thousands of jobs. Obama looted the U.S. treasury for billions of dollars.

Obama 75 straight months of 6 digit job gains Let trump and repubs choke on that

The most anemic recovery since the Great Depression.

And by anemic, the fucking moron means at the same rate of growth as we have now...

Employment is not the same as economic growth, you fucking moron.

Fucking moron, employment is one of the leading economic indicators.

Bri still has his head up trumps butt ,,Forgive him

 

[Faun]

Obama 75 straight months of 6 digit job gains Let trump and repubs choke on that

The most anemic recovery since the Great Depression.

And by anemic, the fucking moron means at the same rate of growth as we have now...

Employment is not the same as economic growth, you fucking moron.

Fucking moron, employment is one of the leading economic indicators.

Bri still has his head up trumps butt ,,Forgive him

His head isn’t just up there — it’s firmly attached .... like a polyp.

 

[bripat9643]

The most anemic recovery since the Great Depression.

And by anemic, the fucking moron means at the same rate of growth as we have now...

Employment is not the same as economic growth, you fucking moron.

ASS HOLE where did dump get his economic growth from ? From Obama you fn pos

Horseshit. He got it from cutting taxes and regulations. In other words, he got it by rolling back Obama's agenda.

Yeah Fk clean air and water Who needs it?

The air and water look just as clean as they were when Obama was in office.