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

[bripat9643]

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

And bankruptcy is great business in Rumpworld!!!

Obama forced banks to go under by making them grant mortgages to people who couldn't pay them.

That was what Obama inherited you fucking maroon. My God you are the simplest of the simple.

You don't get it. When Obama was a "community organizer," he sued banks under the CRA to force them to grant mortages to dirtbags who couldn't pay them. Those non-performing mortgages caused those banks to go under.

Rumps non performing mortgages as well. Rump ought to be licking Obamas ass then.

"Rumps non performing mortgages as well?" Is that some kind of one-size-fits-all response to anyone who defends Trump?

 

[Aldo Raine]

And bankruptcy is great business in Rumpworld!!!

Obama forced banks to go under by making them grant mortgages to people who couldn't pay them.

That was what Obama inherited you fucking maroon. My God you are the simplest of the simple.

You don't get it. When Obama was a "community organizer," he sued banks under the CRA to force them to grant mortages to dirtbags who couldn't pay them. Those non-performing mortgages caused those banks to go under.

Rumps non performing mortgages as well. Rump ought to be licking Obamas ass then.

"Rumps non performing mortgages as well?" Is that some kind of one-size-fits-all response to anyone who defends Trump?

How many bankruptcies? For God sake a casino I Atlantic City even. The most house friendly tables in the nation.

 

[bripat9643]

Obama forced banks to go under by making them grant mortgages to people who couldn't pay them.

That was what Obama inherited you fucking maroon. My God you are the simplest of the simple.

You don't get it. When Obama was a "community organizer," he sued banks under the CRA to force them to grant mortages to dirtbags who couldn't pay them. Those non-performing mortgages caused those banks to go under.

Rumps non performing mortgages as well. Rump ought to be licking Obamas ass then.

"Rumps non performing mortgages as well?" Is that some kind of one-size-fits-all response to anyone who defends Trump?

How many bankruptcies? For God sake a casino I Atlantic City even. The most house friendly tables in the nation.

You appear to have lost all contact with reality. You're blurting out random anti-Trump memes with no logical connection to each other..

 

[Aldo Raine]

That was what Obama inherited you fucking maroon. My God you are the simplest of the simple.

You don't get it. When Obama was a "community organizer," he sued banks under the CRA to force them to grant mortages to dirtbags who couldn't pay them. Those non-performing mortgages caused those banks to go under.

Rumps non performing mortgages as well. Rump ought to be licking Obamas ass then.

"Rumps non performing mortgages as well?" Is that some kind of one-size-fits-all response to anyone who defends Trump?

How many bankruptcies? For God sake a casino I Atlantic City even. The most house friendly tables in the nation.

You appear to have lost all contact with reality. You're blurting out random anti-Trump memes with no logical connection to each other..

Did his many failed mortgages help in a banking crisis?

 

[bripat9643]

You don't get it. When Obama was a "community organizer," he sued banks under the CRA to force them to grant mortages to dirtbags who couldn't pay them. Those non-performing mortgages caused those banks to go under.

Rumps non performing mortgages as well. Rump ought to be licking Obamas ass then.

"Rumps non performing mortgages as well?" Is that some kind of one-size-fits-all response to anyone who defends Trump?

How many bankruptcies? For God sake a casino I Atlantic City even. The most house friendly tables in the nation.

You appear to have lost all contact with reality. You're blurting out random anti-Trump memes with no logical connection to each other..

Did his many failed mortgages help in a banking crisis?

His "failed mortgages" and his bankruptcies are synonymous. They occured many years before the latest mortgage crisis. Many of the casinos in Atlantic City went bankrupt.

 

[Aldo Raine]

Rumps non performing mortgages as well. Rump ought to be licking Obamas ass then.

"Rumps non performing mortgages as well?" Is that some kind of one-size-fits-all response to anyone who defends Trump?

How many bankruptcies? For God sake a casino I Atlantic City even. The most house friendly tables in the nation.

You appear to have lost all contact with reality. You're blurting out random anti-Trump memes with no logical connection to each other..

Did his many failed mortgages help in a banking crisis?

His "failed mortgages" and his bankruptcies are synonymous. They occured many years before the latest mortgage crisis. Many of the casinos in Atlantic City went bankrupt.

You do know it happened over more than a decade to cause that failure. Rump had a few in that time frame. Did they contribute? And why did American banks stop lending to him?

 

[Crepitus]

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.​

Fuckng moron... most of the revenue collected in April was from last years taxes — before Trump’s tax cut went into effect.

Thank you, I was going to point that out.

 

[bripat9643]

"Rumps non performing mortgages as well?" Is that some kind of one-size-fits-all response to anyone who defends Trump?

How many bankruptcies? For God sake a casino I Atlantic City even. The most house friendly tables in the nation.

You appear to have lost all contact with reality. You're blurting out random anti-Trump memes with no logical connection to each other..

Did his many failed mortgages help in a banking crisis?

His "failed mortgages" and his bankruptcies are synonymous. They occured many years before the latest mortgage crisis. Many of the casinos in Atlantic City went bankrupt.

You do know it happened over more than a decade to cause that failure. Rump had a few in that time frame. Did they contribute? And why did American banks stop lending to him?

What the fuck is that supposed to mean? I have no interest in discussing your delusions about Trump's business acumen.

 

[Crepitus]

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.​

Fuckng moron... most of the revenue collected in April was from last years taxes — before Trump’s tax cut went into effect.

The revenue collected in April was paid in April. You really don't know how withholding works, do you?

You probably do not know this since you do not make enough money, but a good number of us do not have enough withheld to satisfy our tax burden and then in April have to send the Govt more money. That is why April is always the largest month for revenue each year.

Perhaps one day you will move past being a fry cook at Wendy's and you will make enough to know what we are talking about.

Lol. Another important point.

 

[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.

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

An economic indicator is not the same thing as GDP growth, you fucking moron.

Fucking moron, you said “recovery,” not “GDP.” That’s the economy, not just GDP. And while GDP is also a leading economic indicator, so is employment. Seriously, you vie for dumbest poster on this forum.

 

[edward37]

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...

An economic indicator is not the same thing as GDP growth, you fucking moron.

Fucking moron, you said “recovery,” not “GDP.” That’s the economy, not just GDP. And while GDP is also a leading economic indicator, so is employment. Seriously, you vie for dumbest poster on this forum.

LOL well there's always sassy

 

[Faun]

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.

And he probably believes this crap
POLITICS
Trump Tells CBS He's ‘Always Wanted’ Interview by Mueller

It’s like his taxes. He wants to show them but his accountants talked him out of it.

 

[edward37]

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.

And he probably believes this crap
POLITICS
Trump Tells CBS He's ‘Always Wanted’ Interview by Mueller

It’s like his taxes. He wants to show them but his accountants talked him out of it.

Lets watch tomorrow when he tries to bs his way out of knowing Putin hacked our election 2 weeks before he was sworn in

 

[Faun]

Remember all those bankruptcies he didn't have?

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

And bankruptcy is great business in Rumpworld!!!

Obama forced banks to go under by making them grant mortgages to people who couldn't pay them.

That was what Obama inherited you fucking maroon. My God you are the simplest of the simple.

You don't get it. When Obama was a "community organizer," he sued banks under the CRA to force them to grant mortages to dirtbags who couldn't pay them. Those non-performing mortgages caused those banks to go under.

Holyfuckingshit!

I swear, you really are the dumbest fucking moron on the planet. <smh>

Dumbest fucking moron... those mortgages did not cause any banks to go under. Not one. It even close.

 

[bripat9643]

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

And bankruptcy is great business in Rumpworld!!!

Obama forced banks to go under by making them grant mortgages to people who couldn't pay them.

That was what Obama inherited you fucking maroon. My God you are the simplest of the simple.

You don't get it. When Obama was a "community organizer," he sued banks under the CRA to force them to grant mortages to dirtbags who couldn't pay them. Those non-performing mortgages caused those banks to go under.

Holyfuckingshit!

I swear, you really are the dumbest fucking moron on the planet. <smh>

Dumbest fucking moron... those mortgages did not cause any banks to go under. Not one. It even close.

Well that certainly proved me wrong . . . . NOT!

It cracks me up that you believe you're smart.

 

[Thinker101]

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

And bankruptcy is great business in Rumpworld!!!

Obama forced banks to go under by making them grant mortgages to people who couldn't pay them.

That was what Obama inherited you fucking maroon. My God you are the simplest of the simple.

You don't get it. When Obama was a "community organizer," he sued banks under the CRA to force them to grant mortages to dirtbags who couldn't pay them. Those non-performing mortgages caused those banks to go under.

Holyfuckingshit!

I swear, you really are the dumbest fucking moron on the planet. <smh>

Dumbest fucking moron... those mortgages did not cause any banks to go under. Not one. It even close.

Great, another person that has no fricken clue as to how the recession occurred.

 

[Faun]

And bankruptcy is great business in Rumpworld!!!

Obama forced banks to go under by making them grant mortgages to people who couldn't pay them.

That was what Obama inherited you fucking maroon. My God you are the simplest of the simple.

You don't get it. When Obama was a "community organizer," he sued banks under the CRA to force them to grant mortages to dirtbags who couldn't pay them. Those non-performing mortgages caused those banks to go under.

Holyfuckingshit!

I swear, you really are the dumbest fucking moron on the planet. <smh>

Dumbest fucking moron... those mortgages did not cause any banks to go under. Not one. It even close.

Well that certainly proved me wrong . . . . NOT!

It cracks me up that you believe you're smart.

LOLOL

First and foremost, watch as I demonstrate you’re a pussy as well as an idiot. YOU made the claim the mortgages arising from his lawsuit caused banks to go under... But you’re too big of a pussy to prove your own claims — so you challenge me to prove you wrong because you can’t prove yourself right.

Here, now watch as I oblige there too...

Dumbest fucking moron...

His lawsuit generated at most, 186 mortgages in and around the Chicago area, in 1995...

With landmark lawsuit, Barack Obama pushed banks to give subprime loans to Chicago’s African-Americans - The Daily Caller

The banks that went under, collapsed from the weight of millions of toxic loans...

 

[bripat9643]

And bankruptcy is great business in Rumpworld!!!

Obama forced banks to go under by making them grant mortgages to people who couldn't pay them.

That was what Obama inherited you fucking maroon. My God you are the simplest of the simple.

You don't get it. When Obama was a "community organizer," he sued banks under the CRA to force them to grant mortages to dirtbags who couldn't pay them. Those non-performing mortgages caused those banks to go under.

Holyfuckingshit!

I swear, you really are the dumbest fucking moron on the planet. <smh>

Dumbest fucking moron... those mortgages did not cause any banks to go under. Not one. It even close.

Great, another person that has no fricken clue as to how the recession occurred.

Faux believes he's smart. Isn't that a hoot?

 

[Faun]

And bankruptcy is great business in Rumpworld!!!

Obama forced banks to go under by making them grant mortgages to people who couldn't pay them.

That was what Obama inherited you fucking maroon. My God you are the simplest of the simple.

You don't get it. When Obama was a "community organizer," he sued banks under the CRA to force them to grant mortages to dirtbags who couldn't pay them. Those non-performing mortgages caused those banks to go under.

Holyfuckingshit!

I swear, you really are the dumbest fucking moron on the planet. <smh>

Dumbest fucking moron... those mortgages did not cause any banks to go under. Not one. It even close.

Great, another person that has no fricken clue as to how the recession occurred.

Holyfuckingshit!

Look who showed up to give the dumbest fucking moron on the planet, a mental reach-around.

The two of you combined can’t spark a neuron.

How about staying on the thread topic? The fucking moronic talking point about this past April posting the highest nominal federal revenue in history?

You know, the one due to Trump’s tax cut which somehow must have benefited tax payers who were paying off last year’s taxes before the tax cuts went into effect.

 

[Faun]

Obama forced banks to go under by making them grant mortgages to people who couldn't pay them.

That was what Obama inherited you fucking maroon. My God you are the simplest of the simple.

You don't get it. When Obama was a "community organizer," he sued banks under the CRA to force them to grant mortages to dirtbags who couldn't pay them. Those non-performing mortgages caused those banks to go under.

Holyfuckingshit!

I swear, you really are the dumbest fucking moron on the planet. <smh>

Dumbest fucking moron... those mortgages did not cause any banks to go under. Not one. It even close.

Great, another person that has no fricken clue as to how the recession occurred.

Faux believes he's smart. Isn't that a hoot?

Great, either you can quote me saying that or expose yourself again as a liar as well as the dumbest fucking moron on the planet....