healthmyths
Platinum Member
- Sep 19, 2011
- 29,176
- 10,627
05/19/15 Close at 18,312.39, this is the historical DJIA closing high
01/07/16 16,543.51 Real-time: 2:02PM ES
See just Clinton did when he left office he had a nearly $5 trillion loss in market value due to the dot.com
bust. Guess what that meant? Lower tax revenues because theses losses were deducted from tax payments in the ensuing years.
This continuing decline in the DJIA WILL translate into losses taken by tax payers in 2017.
But with even a GOP president, this will mean LOWER tax revenue for years to come!
01/07/16 16,543.51 Real-time: 2:02PM ES
See just Clinton did when he left office he had a nearly $5 trillion loss in market value due to the dot.com
bust. Guess what that meant? Lower tax revenues because theses losses were deducted from tax payments in the ensuing years.
This continuing decline in the DJIA WILL translate into losses taken by tax payers in 2017.
But with even a GOP president, this will mean LOWER tax revenue for years to come!