When Did Trump Make You A Keynesian?

[Crixus]

We've all heard the pseudocon Rube Herd parrot the meme that "tax cuts increase revenues". They get this meme from their propagandists and then repeat it unthinkingly.

There are two key facts which expose the lie hidden in that meme. First, the obvious fact is that if you lower tax rates all the way to zero, you have zero revenues. So at some point, tax cuts fail to increase revenues.

The second fact is one which their propagandists deliberately keep from the rubes. This is a deliberate omission, and therefore a deliberately crafted lie. And that fact is that revenues have also increased after a tax INCREASE.

See for yourself. Here is a history of tax rates: https://files.taxfoundation.org/legacy/docs/fed_individual_rate_history_nominal.pdf

Notice how tax rates increased under Bill Clinton in 1993. The top marginal rate increased from 31 percent to 39.6 percent, and stayed that way until 2001.

Now here is a history of federal revenues: Who Really Pays Uncle Sam's Bills?

Notice how tax revenues INCREASED after the tax rates went UP a whopping 8.6 points:


FY 1991 - $1.05 trillion.
FY 1992 - $1.09 trillion.
FY 1993 - $1.15 trillion.
FY 1994 - $1.26 trillion.
FY 1995 - $1.35 trillion.
FY 1996 - $1.45 trillion.
FY 1997 - $1.58 trillion.
FY 1998 - $1.72 trillion.
FY 1999 - $1.82 trillion.
FY 2000 - $2.03 trillion

Just a few years after Clinton's tax increase, federal revenues had DOUBLED!!!

And after the Bush tax cut expired on the top marginal rate in 2013, federal revenues continued to increase:

FY 2012 - $2.45 trillion.
FY 2013 - $2.77 trillion.
FY 2014 - $3.02 trillion.
FY 2015 - $3.25 trillion.
FY 2016 - $3.27 trillion.
FY 2017 - $3.32 trillion.

So, clearly, increasing or decreasing tax rates a few points here and there has almost nothing to do with revenues.

As Bill Clinton said, "It's the economy, stupid."

By the way, job growth exploded during the higher tax Clinton years. 30 million jobs in 8 years, with less than 5 percent unemployment.

So the next time you are crowing about the current tax rate increasing revenues, you should know your propagandists are counting on you not looking beyond the carefully framed numbers they present to your dumb ass.


But it gets worse. Much worse. You are being even dumber than that.

Because while your pseudocon propagandists are crowing about revenues, they are counting on you not noticing that despite increased revenues, your party and your President are EXPLODING our deficits!

It's called misdirection. A classic magician's trick to fool the rubes.

Trump is on track to blow Obama's debt record wide open. And after whining and whining and whining and whining non-stop for eight years about Obama's spending, your propagandists have gone dark.

And so have you.

The stench of hypocrisy is all over you.

Laaaame! Reduiced to ripping off Glen Becks stuff.

 

[Skull Pilot]

Trump's $1.5 trillion debt bomb he called a "tax reform" was supposed to stimulate the economy. Remember how wages were going to explode?

It turns out all those corporations who received a big cash windfall from their tax cuts used that money to do stock buybacks instead of trickling it down to their workers.

Tax cut triggers $437 billion explosion of stock buybacks

Not only is that most ever, it nearly doubles the previous record of $242.1 billion, which was set during the first three months of the year.

.

Don't care about debt

All I care about is keeping as much of my own money as possible

If they devalue our currency your money will be worth less.

gold.

Your sitting on a pile of gold? That hasn't been a very good investment lately....

Silver too
It will be great for when the dollar crashes

 

[Brain357]

Trump's $1.5 trillion debt bomb he called a "tax reform" was supposed to stimulate the economy. Remember how wages were going to explode?

It turns out all those corporations who received a big cash windfall from their tax cuts used that money to do stock buybacks instead of trickling it down to their workers.

Tax cut triggers $437 billion explosion of stock buybacks
.

Don't care about debt

All I care about is keeping as much of my own money as possible

If they devalue our currency your money will be worth less.

gold.

Your sitting on a pile of gold? That hasn't been a very good investment lately....

Silver too
It will be great for when the dollar crashes

It will if that happens. Not such a good investment lately though.

 

[Skull Pilot]

Don't care about debt

All I care about is keeping as much of my own money as possible

If they devalue our currency your money will be worth less.

gold.

Your sitting on a pile of gold? That hasn't been a very good investment lately....

Silver too
It will be great for when the dollar crashes

It will if that happens. Not such a good investment lately though.

It's called contingency and long range planning

and as part of a portfolio it is prudent

 

[Wry Catcher]

We've all heard the pseudocon Rube Herd parrot the meme that "tax cuts increase revenues". They get this meme from their propagandists and then repeat it unthinkingly.

There are two key facts which expose the lie hidden in that meme. First, the obvious fact is that if you lower tax rates all the way to zero, you have zero revenues. So at some point, tax cuts fail to increase revenues.

The second fact is one which their propagandists deliberately keep from the rubes. This is a deliberate omission, and therefore a deliberately crafted lie. And that fact is that revenues have also increased after a tax INCREASE.

See for yourself. Here is a history of tax rates: https://files.taxfoundation.org/legacy/docs/fed_individual_rate_history_nominal.pdf

Notice how tax rates increased under Bill Clinton in 1993. The top marginal rate increased from 31 percent to 39.6 percent, and stayed that way until 2001.

Now here is a history of federal revenues: Who Really Pays Uncle Sam's Bills?

Notice how tax revenues INCREASED after the tax rates went UP a whopping 8.6 points:


FY 1991 - $1.05 trillion.
FY 1992 - $1.09 trillion.
FY 1993 - $1.15 trillion.
FY 1994 - $1.26 trillion.
FY 1995 - $1.35 trillion.
FY 1996 - $1.45 trillion.
FY 1997 - $1.58 trillion.
FY 1998 - $1.72 trillion.
FY 1999 - $1.82 trillion.
FY 2000 - $2.03 trillion

Just a few years after Clinton's tax increase, federal revenues had DOUBLED!!!

And after the Bush tax cut expired on the top marginal rate in 2013, federal revenues continued to increase:

FY 2012 - $2.45 trillion.
FY 2013 - $2.77 trillion.
FY 2014 - $3.02 trillion.
FY 2015 - $3.25 trillion.
FY 2016 - $3.27 trillion.
FY 2017 - $3.32 trillion.

So, clearly, increasing or decreasing tax rates a few points here and there has almost nothing to do with revenues.

As Bill Clinton said, "It's the economy, stupid."

By the way, job growth exploded during the higher tax Clinton years. 30 million jobs in 8 years, with less than 5 percent unemployment.

So the next time you are crowing about the current tax rate increasing revenues, you should know your propagandists are counting on you not looking beyond the carefully framed numbers they present to your dumb ass.


But it gets worse. Much worse. You are being even dumber than that.

Because while your pseudocon propagandists are crowing about revenues, they are counting on you not noticing that despite increased revenues, your party and your President are EXPLODING our deficits!

It's called misdirection. A classic magician's trick to fool the rubes.

Trump is on track to blow Obama's debt record wide open. And after whining and whining and whining and whining non-stop for eight years about Obama's spending, your propagandists have gone dark.

And so have you.

The stench of hypocrisy is all over you.

Tax cuts do lower unemployment and raise the standard of living for all.

The government gets less money, but what is the purpose of government?

The purpose of good government is outlined in the Preamble to COTUS, and the second paragraph of the Declaration of Independence defines it.

At the moment bad government is on display by Grassley and McConnell as well as the President.

 

[g5000]

We've all heard the pseudocon Rube Herd parrot the meme that "tax cuts increase revenues". They get this meme from their propagandists and then repeat it unthinkingly.

There are two key facts which expose the lie hidden in that meme. First, the obvious fact is that if you lower tax rates all the way to zero, you have zero revenues. So at some point, tax cuts fail to increase revenues.

The second fact is one which their propagandists deliberately keep from the rubes. This is a deliberate omission, and therefore a deliberately crafted lie. And that fact is that revenues have also increased after a tax INCREASE.

See for yourself. Here is a history of tax rates: https://files.taxfoundation.org/legacy/docs/fed_individual_rate_history_nominal.pdf

Notice how tax rates increased under Bill Clinton in 1993. The top marginal rate increased from 31 percent to 39.6 percent, and stayed that way until 2001.

Now here is a history of federal revenues: Who Really Pays Uncle Sam's Bills?

Notice how tax revenues INCREASED after the tax rates went UP a whopping 8.6 points:


FY 1991 - $1.05 trillion.
FY 1992 - $1.09 trillion.
FY 1993 - $1.15 trillion.
FY 1994 - $1.26 trillion.
FY 1995 - $1.35 trillion.
FY 1996 - $1.45 trillion.
FY 1997 - $1.58 trillion.
FY 1998 - $1.72 trillion.
FY 1999 - $1.82 trillion.
FY 2000 - $2.03 trillion

Just a few years after Clinton's tax increase, federal revenues had DOUBLED!!!

And after the Bush tax cut expired on the top marginal rate in 2013, federal revenues continued to increase:

FY 2012 - $2.45 trillion.
FY 2013 - $2.77 trillion.
FY 2014 - $3.02 trillion.
FY 2015 - $3.25 trillion.
FY 2016 - $3.27 trillion.
FY 2017 - $3.32 trillion.

So, clearly, increasing or decreasing tax rates a few points here and there has almost nothing to do with revenues.

As Bill Clinton said, "It's the economy, stupid."

By the way, job growth exploded during the higher tax Clinton years. 30 million jobs in 8 years, with less than 5 percent unemployment.

So the next time you are crowing about the current tax rate increasing revenues, you should know your propagandists are counting on you not looking beyond the carefully framed numbers they present to your dumb ass.


But it gets worse. Much worse. You are being even dumber than that.

Because while your pseudocon propagandists are crowing about revenues, they are counting on you not noticing that despite increased revenues, your party and your President are EXPLODING our deficits!

It's called misdirection. A classic magician's trick to fool the rubes.

Trump is on track to blow Obama's debt record wide open. And after whining and whining and whining and whining non-stop for eight years about Obama's spending, your propagandists have gone dark.

And so have you.

The stench of hypocrisy is all over you.

Laaaame! Reduiced to ripping off Glen Becks stuff.

Try again.

The last time I saw or heard Glenn Beck was several years ago when he was trying to "prove" Nazis are left wing on a chalkboard. I laughed my ass off. And then I started hearing retards parroting that shit.

Amazing.

 

[Crixus]

We've all heard the pseudocon Rube Herd parrot the meme that "tax cuts increase revenues". They get this meme from their propagandists and then repeat it unthinkingly.

There are two key facts which expose the lie hidden in that meme. First, the obvious fact is that if you lower tax rates all the way to zero, you have zero revenues. So at some point, tax cuts fail to increase revenues.

The second fact is one which their propagandists deliberately keep from the rubes. This is a deliberate omission, and therefore a deliberately crafted lie. And that fact is that revenues have also increased after a tax INCREASE.

See for yourself. Here is a history of tax rates: https://files.taxfoundation.org/legacy/docs/fed_individual_rate_history_nominal.pdf

Notice how tax rates increased under Bill Clinton in 1993. The top marginal rate increased from 31 percent to 39.6 percent, and stayed that way until 2001.

Now here is a history of federal revenues: Who Really Pays Uncle Sam's Bills?

Notice how tax revenues INCREASED after the tax rates went UP a whopping 8.6 points:


FY 1991 - $1.05 trillion.
FY 1992 - $1.09 trillion.
FY 1993 - $1.15 trillion.
FY 1994 - $1.26 trillion.
FY 1995 - $1.35 trillion.
FY 1996 - $1.45 trillion.
FY 1997 - $1.58 trillion.
FY 1998 - $1.72 trillion.
FY 1999 - $1.82 trillion.
FY 2000 - $2.03 trillion

Just a few years after Clinton's tax increase, federal revenues had DOUBLED!!!

And after the Bush tax cut expired on the top marginal rate in 2013, federal revenues continued to increase:

FY 2012 - $2.45 trillion.
FY 2013 - $2.77 trillion.
FY 2014 - $3.02 trillion.
FY 2015 - $3.25 trillion.
FY 2016 - $3.27 trillion.
FY 2017 - $3.32 trillion.

So, clearly, increasing or decreasing tax rates a few points here and there has almost nothing to do with revenues.

As Bill Clinton said, "It's the economy, stupid."

By the way, job growth exploded during the higher tax Clinton years. 30 million jobs in 8 years, with less than 5 percent unemployment.

So the next time you are crowing about the current tax rate increasing revenues, you should know your propagandists are counting on you not looking beyond the carefully framed numbers they present to your dumb ass.


But it gets worse. Much worse. You are being even dumber than that.

Because while your pseudocon propagandists are crowing about revenues, they are counting on you not noticing that despite increased revenues, your party and your President are EXPLODING our deficits!

It's called misdirection. A classic magician's trick to fool the rubes.

Trump is on track to blow Obama's debt record wide open. And after whining and whining and whining and whining non-stop for eight years about Obama's spending, your propagandists have gone dark.

And so have you.

The stench of hypocrisy is all over you.

Laaaame! Reduiced to ripping off Glen Becks stuff.

Try again.

The last time I saw or heard Glenn Beck was several years ago when he was trying to "prove" Nazis are left wing on a chalkboard. I laughed my ass off. And then I started hearing retards parroting that shit.

Amazing.

Na, you copied his crap. Same shit.

 

[g5000]

Unemployment dropped when Clinton raised taxes 8.6 points. Unemployment dropped when Bush's top tax rate expired.

That's a fact kept from you by your propagandists.

"It's the economy, stupid."

Tax increases cannot cause more employment. It is logically impossible.

And yet jobs exploded when Clinton raised tax rates by 8.6 points. Neither Bush nor Obama matched the jobs growth of the Clinton years. And neither will Trump. Not even close.

Go figure.

 

[g5000]

Here are the US deficits by year: Is the U.S. Budget Deficit Really That Bad?

FY 2009 $1.4 trillion
FY 2010 $1.3 trillion
FY 2011 $1.3 trillion
FY 2012 $1 trillion
FY 2013 $679 billion
FY 2014 $485 billion
FY 2015 $438 billion
FY 2016 $585 billion
FY 2017 $665 billion
FY 2018 $833 billion (est)
FY 2019 $984 billion (est)


As you can plainly see, during the Obama regime, deficits had a downward trend, and during the Trump regime they have an upward trend, with a lot of help by the Republican Congress. Just like deficits had an upward trend the last time a Republican President had a Republican Congress.


Also, Trump's tax "reform" will add $1.5 trillion dollars to our debt. The pseudocons crowed that this giant debt bill would stimulate the economy. It just doesn't get more Keynesian than that.

In fact, the pseudocons have out-Keynesed Keynes! Keynes didn't believe in deficit spending during an up economy. He actually believed we should pay our debt DOWN during an up economy.


So...when did Trump make you pseudocons into uber Keynesians?

Our debt was growing exponentially. The deficit is irrelevant since the govt should be doing without. This just tells me that the govt has a massive budget and needs to reduce it and do more with less. Our debt is what matters. Bush and O ran it up 16 trillion.

And there you have it. "Our debt is what matters."

If someone were to sum up my more than 75 thousand posts on this forum in five words, it would be, "Our debt is what matters."

Crowing about increased revenues is misdirection. Our federal spending is exploding faster than our revenues. This fact is deliberately kept from the tards by their propagandists.

Our debt is the single greatest threat to our security and our future. Not guns, not gays, not Muslims, not blacks on food stamps, not Mexicans, not abortion.

If we truly and honestly want to Make America Great Again, we absolutely must pay down our debt. Immediately.

What is so fucking maddening to me is that it would be incredibly simple and easy to do.

 

[g5000]

We've all heard the pseudocon Rube Herd parrot the meme that "tax cuts increase revenues". They get this meme from their propagandists and then repeat it unthinkingly.

There are two key facts which expose the lie hidden in that meme. First, the obvious fact is that if you lower tax rates all the way to zero, you have zero revenues. So at some point, tax cuts fail to increase revenues.

The second fact is one which their propagandists deliberately keep from the rubes. This is a deliberate omission, and therefore a deliberately crafted lie. And that fact is that revenues have also increased after a tax INCREASE.

See for yourself. Here is a history of tax rates: https://files.taxfoundation.org/legacy/docs/fed_individual_rate_history_nominal.pdf

Notice how tax rates increased under Bill Clinton in 1993. The top marginal rate increased from 31 percent to 39.6 percent, and stayed that way until 2001.

Now here is a history of federal revenues: Who Really Pays Uncle Sam's Bills?

Notice how tax revenues INCREASED after the tax rates went UP a whopping 8.6 points:


FY 1991 - $1.05 trillion.
FY 1992 - $1.09 trillion.
FY 1993 - $1.15 trillion.
FY 1994 - $1.26 trillion.
FY 1995 - $1.35 trillion.
FY 1996 - $1.45 trillion.
FY 1997 - $1.58 trillion.
FY 1998 - $1.72 trillion.
FY 1999 - $1.82 trillion.
FY 2000 - $2.03 trillion

Just a few years after Clinton's tax increase, federal revenues had DOUBLED!!!

And after the Bush tax cut expired on the top marginal rate in 2013, federal revenues continued to increase:

FY 2012 - $2.45 trillion.
FY 2013 - $2.77 trillion.
FY 2014 - $3.02 trillion.
FY 2015 - $3.25 trillion.
FY 2016 - $3.27 trillion.
FY 2017 - $3.32 trillion.

So, clearly, increasing or decreasing tax rates a few points here and there has almost nothing to do with revenues.

As Bill Clinton said, "It's the economy, stupid."

By the way, job growth exploded during the higher tax Clinton years. 30 million jobs in 8 years, with less than 5 percent unemployment.

So the next time you are crowing about the current tax rate increasing revenues, you should know your propagandists are counting on you not looking beyond the carefully framed numbers they present to your dumb ass.


But it gets worse. Much worse. You are being even dumber than that.

Because while your pseudocon propagandists are crowing about revenues, they are counting on you not noticing that despite increased revenues, your party and your President are EXPLODING our deficits!

It's called misdirection. A classic magician's trick to fool the rubes.

Trump is on track to blow Obama's debt record wide open. And after whining and whining and whining and whining non-stop for eight years about Obama's spending, your propagandists have gone dark.

And so have you.

The stench of hypocrisy is all over you.

Laaaame! Reduiced to ripping off Glen Becks stuff.

Try again.

The last time I saw or heard Glenn Beck was several years ago when he was trying to "prove" Nazis are left wing on a chalkboard. I laughed my ass off. And then I started hearing retards parroting that shit.

Amazing.

Na, you copied his crap. Same shit.

Nope.

Show me. Then I will show you how long I have been talking about tax expenditures.

Maybe Glenn Beck stole from me!

 

[Bootney Lee Farnsworth]

Show me. Then I will show you how long I have been talking about tax expenditures.

It's been decades. I can witness.

 

[g5000]

Both the Republicans and the Democrats are playing a con game against the American people, and particularly against taxpayers.

The solutions both offer are a con. Populism. Horseshit. And they know it.

 

[danielpalos]

It turns out all those corporations who received a big cash windfall from their tax cuts used that money to do stock buybacks instead of trickling it down to their workers.

And predictably so. Wealth hoarding is the American way.

wages are not progressing; especially with no federal pay raise.

 

[danielpalos]

Trump's $1.5 trillion debt bomb he called a "tax reform" was supposed to stimulate the economy. Remember how wages were going to explode?

It turns out all those corporations who received a big cash windfall from their tax cuts used that money to do stock buybacks instead of trickling it down to their workers.

Tax cut triggers $437 billion explosion of stock buybacks

Not only is that most ever, it nearly doubles the previous record of $242.1 billion, which was set during the first three months of the year.

.

Don't care about debt

All I care about is keeping as much of my own money as possible

That's honest, and despicable.

No what's despicable is the malfeasance committed by our politicians

You're an absolute idiot if you think giving politicians more of your money is going to do a god damned thing besides making you poorer.

The Judiciary has to assume, they are doing a good job.

 

[g5000]

wages are not progressing; especially with no federal pay raise.

Yesterday, I outlined my theories as to why wages have been stagnant in another topic: When Did Trump Make You A Protectionist Liberal?

Posts 114, 116, and 117.

 

[Votto]

We've all heard the pseudocon Rube Herd parrot the meme that "tax cuts increase revenues". They get this meme from their propagandists and then repeat it unthinkingly.

There are two key facts which expose the lie hidden in that meme. First, the obvious fact is that if you lower tax rates all the way to zero, you have zero revenues. So at some point, tax cuts fail to increase revenues.

The second fact is one which their propagandists deliberately keep from the rubes. This is a deliberate omission, and therefore a deliberately crafted lie. And that fact is that revenues have also increased after a tax INCREASE.

See for yourself. Here is a history of tax rates: https://files.taxfoundation.org/legacy/docs/fed_individual_rate_history_nominal.pdf

Notice how tax rates increased under Bill Clinton in 1993. The top marginal rate increased from 31 percent to 39.6 percent, and stayed that way until 2001.

Now here is a history of federal revenues: Who Really Pays Uncle Sam's Bills?

Notice how tax revenues INCREASED after the tax rates went UP a whopping 8.6 points:


FY 1991 - $1.05 trillion.
FY 1992 - $1.09 trillion.
FY 1993 - $1.15 trillion.
FY 1994 - $1.26 trillion.
FY 1995 - $1.35 trillion.
FY 1996 - $1.45 trillion.
FY 1997 - $1.58 trillion.
FY 1998 - $1.72 trillion.
FY 1999 - $1.82 trillion.
FY 2000 - $2.03 trillion

Just a few years after Clinton's tax increase, federal revenues had DOUBLED!!!

And after the Bush tax cut expired on the top marginal rate in 2013, federal revenues continued to increase:

FY 2012 - $2.45 trillion.
FY 2013 - $2.77 trillion.
FY 2014 - $3.02 trillion.
FY 2015 - $3.25 trillion.
FY 2016 - $3.27 trillion.
FY 2017 - $3.32 trillion.

So, clearly, increasing or decreasing tax rates a few points here and there has almost nothing to do with revenues.

As Bill Clinton said, "It's the economy, stupid."

By the way, job growth exploded during the higher tax Clinton years. 30 million jobs in 8 years, with less than 5 percent unemployment.

So the next time you are crowing about the current tax rate increasing revenues, you should know your propagandists are counting on you not looking beyond the carefully framed numbers they present to your dumb ass.


But it gets worse. Much worse. You are being even dumber than that.

Because while your pseudocon propagandists are crowing about revenues, they are counting on you not noticing that despite increased revenues, your party and your President are EXPLODING our deficits!

It's called misdirection. A classic magician's trick to fool the rubes.

Trump is on track to blow Obama's debt record wide open. And after whining and whining and whining and whining non-stop for eight years about Obama's spending, your propagandists have gone dark.

And so have you.

The stench of hypocrisy is all over you.

But that is the beauty of the two party system

One party gives away "free stuff" and the other likes to lower taxes. That way no matter who is in power the debt rises exponentially.

Governments are like stars. They just grow bigger, and bigger, and bigger and bigger, until they collapse on their weight and become a black hole that consumes everything around them. Nothing escapes or survives. It's a natural cycle so nothing to get too uptight about.

 

[g5000]

We scream and moan and whine about our politicians, but you know what? Our politicians do EXACTLY what we demand of them.

"Those other fucking scum Congressmen spend too much on PORK, but my guy brings home the BACON!"

Congress has a single digit approval, and yet House incumbents have a 98 percent re-election rate. Senate incumbents have a 90 percent re-election rate.

We get the politicians we deserve.

 

[g5000]

We've all heard the pseudocon Rube Herd parrot the meme that "tax cuts increase revenues". They get this meme from their propagandists and then repeat it unthinkingly.

There are two key facts which expose the lie hidden in that meme. First, the obvious fact is that if you lower tax rates all the way to zero, you have zero revenues. So at some point, tax cuts fail to increase revenues.

The second fact is one which their propagandists deliberately keep from the rubes. This is a deliberate omission, and therefore a deliberately crafted lie. And that fact is that revenues have also increased after a tax INCREASE.

See for yourself. Here is a history of tax rates: https://files.taxfoundation.org/legacy/docs/fed_individual_rate_history_nominal.pdf

Notice how tax rates increased under Bill Clinton in 1993. The top marginal rate increased from 31 percent to 39.6 percent, and stayed that way until 2001.

Now here is a history of federal revenues: Who Really Pays Uncle Sam's Bills?

Notice how tax revenues INCREASED after the tax rates went UP a whopping 8.6 points:


FY 1991 - $1.05 trillion.
FY 1992 - $1.09 trillion.
FY 1993 - $1.15 trillion.
FY 1994 - $1.26 trillion.
FY 1995 - $1.35 trillion.
FY 1996 - $1.45 trillion.
FY 1997 - $1.58 trillion.
FY 1998 - $1.72 trillion.
FY 1999 - $1.82 trillion.
FY 2000 - $2.03 trillion

Just a few years after Clinton's tax increase, federal revenues had DOUBLED!!!

And after the Bush tax cut expired on the top marginal rate in 2013, federal revenues continued to increase:

FY 2012 - $2.45 trillion.
FY 2013 - $2.77 trillion.
FY 2014 - $3.02 trillion.
FY 2015 - $3.25 trillion.
FY 2016 - $3.27 trillion.
FY 2017 - $3.32 trillion.

So, clearly, increasing or decreasing tax rates a few points here and there has almost nothing to do with revenues.

As Bill Clinton said, "It's the economy, stupid."

By the way, job growth exploded during the higher tax Clinton years. 30 million jobs in 8 years, with less than 5 percent unemployment.

So the next time you are crowing about the current tax rate increasing revenues, you should know your propagandists are counting on you not looking beyond the carefully framed numbers they present to your dumb ass.


But it gets worse. Much worse. You are being even dumber than that.

Because while your pseudocon propagandists are crowing about revenues, they are counting on you not noticing that despite increased revenues, your party and your President are EXPLODING our deficits!

It's called misdirection. A classic magician's trick to fool the rubes.

Trump is on track to blow Obama's debt record wide open. And after whining and whining and whining and whining non-stop for eight years about Obama's spending, your propagandists have gone dark.

And so have you.

The stench of hypocrisy is all over you.

But that is the beauty of the two party system

One party gives away "free stuff" and the other likes to lower taxes. That way no matter who is in power the debt rises exponentially.

Governments are like stars. They just grow bigger, and bigger, and bigger and bigger, until they collapse on their weight and become a black hole that consumes everything around them. Nothing escapes or survives. It's a natural cycle so nothing to get too uptight about.

Your mistake is in bleeving only one of the two parties gives away free stuff.

That's exactly what your pseudocon propagandists have worked very diligently at dumbing you down enough to believe that horseshit.

 

[Votto]

We've all heard the pseudocon Rube Herd parrot the meme that "tax cuts increase revenues". They get this meme from their propagandists and then repeat it unthinkingly.

There are two key facts which expose the lie hidden in that meme. First, the obvious fact is that if you lower tax rates all the way to zero, you have zero revenues. So at some point, tax cuts fail to increase revenues.

The second fact is one which their propagandists deliberately keep from the rubes. This is a deliberate omission, and therefore a deliberately crafted lie. And that fact is that revenues have also increased after a tax INCREASE.

See for yourself. Here is a history of tax rates: https://files.taxfoundation.org/legacy/docs/fed_individual_rate_history_nominal.pdf

Notice how tax rates increased under Bill Clinton in 1993. The top marginal rate increased from 31 percent to 39.6 percent, and stayed that way until 2001.

Now here is a history of federal revenues: Who Really Pays Uncle Sam's Bills?

Notice how tax revenues INCREASED after the tax rates went UP a whopping 8.6 points:


FY 1991 - $1.05 trillion.
FY 1992 - $1.09 trillion.
FY 1993 - $1.15 trillion.
FY 1994 - $1.26 trillion.
FY 1995 - $1.35 trillion.
FY 1996 - $1.45 trillion.
FY 1997 - $1.58 trillion.
FY 1998 - $1.72 trillion.
FY 1999 - $1.82 trillion.
FY 2000 - $2.03 trillion

Just a few years after Clinton's tax increase, federal revenues had DOUBLED!!!

And after the Bush tax cut expired on the top marginal rate in 2013, federal revenues continued to increase:

FY 2012 - $2.45 trillion.
FY 2013 - $2.77 trillion.
FY 2014 - $3.02 trillion.
FY 2015 - $3.25 trillion.
FY 2016 - $3.27 trillion.
FY 2017 - $3.32 trillion.

So, clearly, increasing or decreasing tax rates a few points here and there has almost nothing to do with revenues.

As Bill Clinton said, "It's the economy, stupid."

By the way, job growth exploded during the higher tax Clinton years. 30 million jobs in 8 years, with less than 5 percent unemployment.

So the next time you are crowing about the current tax rate increasing revenues, you should know your propagandists are counting on you not looking beyond the carefully framed numbers they present to your dumb ass.


But it gets worse. Much worse. You are being even dumber than that.

Because while your pseudocon propagandists are crowing about revenues, they are counting on you not noticing that despite increased revenues, your party and your President are EXPLODING our deficits!

It's called misdirection. A classic magician's trick to fool the rubes.

Trump is on track to blow Obama's debt record wide open. And after whining and whining and whining and whining non-stop for eight years about Obama's spending, your propagandists have gone dark.

And so have you.

The stench of hypocrisy is all over you.

But that is the beauty of the two party system

One party gives away "free stuff" and the other likes to lower taxes. That way no matter who is in power the debt rises exponentially.

Governments are like stars. They just grow bigger, and bigger, and bigger and bigger, until they collapse on their weight and become a black hole that consumes everything around them. Nothing escapes or survives. It's a natural cycle so nothing to get too uptight about.

Your mistake is in bleeving only one of the two parties gives away free stuff.

That's exactly what your pseudocon propagandists have worked very diligently at dumbing you down enough to believe that horseshit.

True. Bush created one of the largest entitlements in US history with the Drugs for Seniors program.

But you are mistaken that the Dims don't give tax breaks. Obama and the Dims renewed the Bush tax breaks.


Essentially they do the same things, because they all know people like free stuff they never have to pay for.

 

[Bootney Lee Farnsworth]

wages are not progressing; especially with no federal pay raise.

If wages are not progressing, demand is too low.

Do you see why we need to keep control of the job market?

Do you understand economics?