Why did the corporate tax cuts fail?

[Brain357]

Fail?....look at the unemployment rate dumbass.....

That was happening anyway.

You morons are so predictable....

Just like how predictable lower unemployment was, it was headed that way since 2010....

Always gonna happen with the dems...headed that way....but never arrives...you get conned by them willingly...WHY?...dems are always going to fix things at least that's what the say and that's what their media says...but they never do...they just make things worse and make life more challenging for people that want to advance in life....
Trump has made what dems promise happen...he is checking off the swamps list of never achieved promises and getting shit done...
What do you do?...do you work?...are you retired?...are you employed by government?...how is it you can't see the truth for yourself?....I really don't understand folks like you and I'm happy as hell that your numbers are shrinking....

So dems lowered it a whole lot more than trump has so far. Come to reality.

 

[Brain357]

Fail?....look at the unemployment rate dumbass.....

That was happening anyway.

You morons are so predictable....

Just like how predictable lower unemployment was, it was headed that way since 2010....

Always gonna happen with the dems...headed that way....but never arrives...you get conned by them willingly...WHY?...dems are always going to fix things at least that's what the say and that's what their media says...but they never do...they just make things worse and make life more challenging for people that want to advance in life....
Trump has made what dems promise happen...he is checking off the swamps list of never achieved promises and getting shit done...
What do you do?...do you work?...are you retired?...are you employed by government?...how is it you can't see the truth for yourself?....I really don't understand folks like you and I'm happy as hell that your numbers are shrinking....

Remember when you used to claim to be tea party? How do you live with being such a hypocrite?

 

[Rambunctious]

Fail?....look at the unemployment rate dumbass.....

That was happening anyway.

You morons are so predictable....

Just like how predictable lower unemployment was, it was headed that way since 2010....

Always gonna happen with the dems...headed that way....but never arrives...you get conned by them willingly...WHY?...dems are always going to fix things at least that's what the say and that's what their media says...but they never do...they just make things worse and make life more challenging for people that want to advance in life....
Trump has made what dems promise happen...he is checking off the swamps list of never achieved promises and getting shit done...
What do you do?...do you work?...are you retired?...are you employed by government?...how is it you can't see the truth for yourself?....I really don't understand folks like you and I'm happy as hell that your numbers are shrinking....

So dems lowered it a whole lot more than trump has so far. Come to reality.

Just around the corner it was....LMFAO..headed the right way....even Obama told us it was as good as it was going to get back in 2010 that there is a new reality a new normal...that scared the shit out of people....come on man you are trying to sell a beaten hag of a horse and no one is buying....

 

[Toddsterpatriot]

How does it matter?

Looks like Trump has improved on the economy Obama left him.

Looks like he increased deficits to a trillion dollars with no real growth. Again, lower than 2014, 2015, 2017, 2018.....

Looks like he increased deficits to a trillion dollars with no real growth.

Real growth higher than Obama left him.

Again, lower than 2014, 2015, 2017, 2018.....

Yup. The economy is cyclical. The recovery is getting old.

You have some imagination. Trillion dollar deficits and slowing growth isn't good.

Trillion dollar deficits and slowing growth isn't good.

I agree, it wasn't good in 2011 or 2012 either.

I agree. So now that we agree the corporate tax cuts were a failure do you care to answer why you think they failed?

So now that we agree the corporate tax cuts were a failure

We had an uncompetitive corporate tax rate. Higher than any other large economy.
Making us competitive isn't a failure. Not even a little bit.

 

[Rambunctious]

Fail?....look at the unemployment rate dumbass.....

That was happening anyway.

You morons are so predictable....

Just like how predictable lower unemployment was, it was headed that way since 2010....

Always gonna happen with the dems...headed that way....but never arrives...you get conned by them willingly...WHY?...dems are always going to fix things at least that's what the say and that's what their media says...but they never do...they just make things worse and make life more challenging for people that want to advance in life....
Trump has made what dems promise happen...he is checking off the swamps list of never achieved promises and getting shit done...
What do you do?...do you work?...are you retired?...are you employed by government?...how is it you can't see the truth for yourself?....I really don't understand folks like you and I'm happy as hell that your numbers are shrinking....

Remember when you used to claim to be tea party? How do you live with being such a hypocrite?

The TEA party stands for Taxed Enough Already...last I checked Trump lowed my taxes and is poised to do it again.....

 

[Toddsterpatriot]

It's funny how you have no real responses

You think the wage growth in 2000 was unrelated to the Internet Bubble?
Looks like mine was an excellent, on-point response.

You think wages growth hovering around 3% is good? Economists disagree with you....

You think wages growth hovering around 3% is good?

Sounds higher than we had under Obama......

Actually it's about the same.

When did we have 3% wage growth under Obama?

That's a long answer. The short answer is our capitalism is very broken.

That's a long answer.

You have 8 choices....if you use annual rates.

The short answer is our capitalism is very broken.

Obama didn't have 3% wage growth, because "our capitalism is very broken"?

 

[Rambunctious]

Looks like he increased deficits to a trillion dollars with no real growth. Again, lower than 2014, 2015, 2017, 2018.....

Looks like he increased deficits to a trillion dollars with no real growth.

Real growth higher than Obama left him.

Again, lower than 2014, 2015, 2017, 2018.....

Yup. The economy is cyclical. The recovery is getting old.

You have some imagination. Trillion dollar deficits and slowing growth isn't good.

Trillion dollar deficits and slowing growth isn't good.

I agree, it wasn't good in 2011 or 2012 either.

I agree. So now that we agree the corporate tax cuts were a failure do you care to answer why you think they failed?

So now that we agree the corporate tax cuts were a failure

We had an uncompetitive corporate tax rate. Higher than any other large economy.
Making us competitive isn't a failure. Not even a little bit.

Corporate tax cuts are not welfare they are by design investments...investments that benefit or should benefit the people of the United States....if done correctly and honestly...

 

[Brain357]

Looks like he increased deficits to a trillion dollars with no real growth. Again, lower than 2014, 2015, 2017, 2018.....

Looks like he increased deficits to a trillion dollars with no real growth.

Real growth higher than Obama left him.

Again, lower than 2014, 2015, 2017, 2018.....

Yup. The economy is cyclical. The recovery is getting old.

You have some imagination. Trillion dollar deficits and slowing growth isn't good.

Trillion dollar deficits and slowing growth isn't good.

I agree, it wasn't good in 2011 or 2012 either.

I agree. So now that we agree the corporate tax cuts were a failure do you care to answer why you think they failed?

So now that we agree the corporate tax cuts were a failure

We had an uncompetitive corporate tax rate. Higher than any other large economy.
Making us competitive isn't a failure. Not even a little bit.

Yes it is. Trump promised they would pay for themselves and 4-6% growth: so why did they fail?

 

[CrusaderFrank]

Those of us living in reality can now say that the corporate tax cuts were a failure that hurt revenue and did nothing for the economy. So the question is why? I think it likely has to do with the fact so many of our corporations are near monopolies. Curious what others think.

Trump handed big business a massive tax cut, and all he got in return was embarrassment

Two years after his administration passed a massive tax cut for corporations meant to spur economic growth, the verdict is in, and the results are embarrassing. The tax cuts did not "unleash animal spirits" (as the business media is so fond of saying). And it did not usher in a period of 3% GDP growth(as Trump's administration was so fond of echoing).

The plan did not — by any stretch of the imagination — "pay for itself with growth and reduced deductions," as Treasury Secretary Steve Mnuchin said it would back in 2017. In fact, the US budget deficit has grown by 50% since Trump took office.

Hurt revenue??? How??

 

[Brain357]

You think wages growth hovering around 3% is good? Economists disagree with you....

You think wages growth hovering around 3% is good?

Sounds higher than we had under Obama......

Actually it's about the same.

When did we have 3% wage growth under Obama?

That's a long answer. The short answer is our capitalism is very broken.

That's a long answer.

You have 8 choices....if you use annual rates.

The short answer is our capitalism is very broken.

Obama didn't have 3% wage growth, because "our capitalism is very broken"?

Yes

 

[Toddsterpatriot]

Looks like he increased deficits to a trillion dollars with no real growth.

Real growth higher than Obama left him.

Again, lower than 2014, 2015, 2017, 2018.....

Yup. The economy is cyclical. The recovery is getting old.

You have some imagination. Trillion dollar deficits and slowing growth isn't good.

Trillion dollar deficits and slowing growth isn't good.

I agree, it wasn't good in 2011 or 2012 either.

I agree. So now that we agree the corporate tax cuts were a failure do you care to answer why you think they failed?

So now that we agree the corporate tax cuts were a failure

We had an uncompetitive corporate tax rate. Higher than any other large economy.
Making us competitive isn't a failure. Not even a little bit.

Corporate tax cuts are not welfare they are by design investments...investments that benefit or should benefit the people of the United States....if done correctly and honestly...

Corporate tax cuts are not welfare they are by design investments...investments that benefit or should benefit the people of the United States....

Were you harmed by the corporate tax cuts?

 

[Rambunctious]

Looks like he increased deficits to a trillion dollars with no real growth.

Real growth higher than Obama left him.

Again, lower than 2014, 2015, 2017, 2018.....

Yup. The economy is cyclical. The recovery is getting old.

You have some imagination. Trillion dollar deficits and slowing growth isn't good.

Trillion dollar deficits and slowing growth isn't good.

I agree, it wasn't good in 2011 or 2012 either.

I agree. So now that we agree the corporate tax cuts were a failure do you care to answer why you think they failed?

So now that we agree the corporate tax cuts were a failure

We had an uncompetitive corporate tax rate. Higher than any other large economy.
Making us competitive isn't a failure. Not even a little bit.

Yes it is. Trump promised they would pay for themselves and 4-6% growth: so why did they fail?

Corporate tax cuts are not welfare they are by design investments...investments that benefit or should benefit the people of the United States....if done correctly and honestly...

 

[Brain357]

Those of us living in reality can now say that the corporate tax cuts were a failure that hurt revenue and did nothing for the economy. So the question is why? I think it likely has to do with the fact so many of our corporations are near monopolies. Curious what others think.

Trump handed big business a massive tax cut, and all he got in return was embarrassment

Two years after his administration passed a massive tax cut for corporations meant to spur economic growth, the verdict is in, and the results are embarrassing. The tax cuts did not "unleash animal spirits" (as the business media is so fond of saying). And it did not usher in a period of 3% GDP growth(as Trump's administration was so fond of echoing).

The plan did not — by any stretch of the imagination — "pay for itself with growth and reduced deductions," as Treasury Secretary Steve Mnuchin said it would back in 2017. In fact, the US budget deficit has grown by 50% since Trump took office.

Hurt revenue??? How??

By collecting less than we should have.

 

[Toddsterpatriot]

Looks like he increased deficits to a trillion dollars with no real growth.

Real growth higher than Obama left him.

Again, lower than 2014, 2015, 2017, 2018.....

Yup. The economy is cyclical. The recovery is getting old.

You have some imagination. Trillion dollar deficits and slowing growth isn't good.

Trillion dollar deficits and slowing growth isn't good.

I agree, it wasn't good in 2011 or 2012 either.

I agree. So now that we agree the corporate tax cuts were a failure do you care to answer why you think they failed?

So now that we agree the corporate tax cuts were a failure

We had an uncompetitive corporate tax rate. Higher than any other large economy.
Making us competitive isn't a failure. Not even a little bit.

Yes it is. Trump promised they would pay for themselves and 4-6% growth: so why did they fail?

Trump promised they would pay for themselves

Okay.

so why did they fail?

Failing to meet Trump's claims doesn't mean they failed.

 

[Billiejeens]

Fail?....look at the unemployment rate dumbass.....

That was happening anyway.

You morons are so predictable....

Just like how predictable lower unemployment was, it was headed that way since 2010....

But for different reasons

 

[Rambunctious]

You have some imagination. Trillion dollar deficits and slowing growth isn't good.

Trillion dollar deficits and slowing growth isn't good.

I agree, it wasn't good in 2011 or 2012 either.

I agree. So now that we agree the corporate tax cuts were a failure do you care to answer why you think they failed?

So now that we agree the corporate tax cuts were a failure

We had an uncompetitive corporate tax rate. Higher than any other large economy.
Making us competitive isn't a failure. Not even a little bit.

Corporate tax cuts are not welfare they are by design investments...investments that benefit or should benefit the people of the United States....if done correctly and honestly...

Corporate tax cuts are not welfare they are by design investments...investments that benefit or should benefit the people of the United States....

Were you harmed by the corporate tax cuts?

Solanda comes to mind...Obama's friends....you win some you lose some but by design tax cuts are an investment that brings jobs to a community and benefits the people not harm them....

 

[Toddsterpatriot]

You think wages growth hovering around 3% is good?

Sounds higher than we had under Obama......

Actually it's about the same.

When did we have 3% wage growth under Obama?

That's a long answer. The short answer is our capitalism is very broken.

That's a long answer.

You have 8 choices....if you use annual rates.

The short answer is our capitalism is very broken.

Obama didn't have 3% wage growth, because "our capitalism is very broken"?

Yes

But Trump did. He must have fixed what Obama broke......

 

[Brain357]

You have some imagination. Trillion dollar deficits and slowing growth isn't good.

Trillion dollar deficits and slowing growth isn't good.

I agree, it wasn't good in 2011 or 2012 either.

I agree. So now that we agree the corporate tax cuts were a failure do you care to answer why you think they failed?

So now that we agree the corporate tax cuts were a failure

We had an uncompetitive corporate tax rate. Higher than any other large economy.
Making us competitive isn't a failure. Not even a little bit.

Yes it is. Trump promised they would pay for themselves and 4-6% growth: so why did they fail?

Trump promised they would pay for themselves

Okay.

so why did they fail?

Failing to meet Trump's claims doesn't mean they failed.

Yes it does.

 

[Billiejeens]

Those of us living in reality can now say that the corporate tax cuts were a failure that hurt revenue and did nothing for the economy. So the question is why? I think it likely has to do with the fact so many of our corporations are near monopolies. Curious what others think.

Trump handed big business a massive tax cut, and all he got in return was embarrassment

Two years after his administration passed a massive tax cut for corporations meant to spur economic growth, the verdict is in, and the results are embarrassing. The tax cuts did not "unleash animal spirits" (as the business media is so fond of saying). And it did not usher in a period of 3% GDP growth(as Trump's administration was so fond of echoing).

The plan did not — by any stretch of the imagination — "pay for itself with growth and reduced deductions," as Treasury Secretary Steve Mnuchin said it would back in 2017. In fact, the US budget deficit has grown by 50% since Trump took office.

Hurt revenue??? How??

By collecting less than we should have.

How much "should we have collected?

 

[Brain357]

Actually it's about the same.

When did we have 3% wage growth under Obama?

That's a long answer. The short answer is our capitalism is very broken.

That's a long answer.

You have 8 choices....if you use annual rates.

The short answer is our capitalism is very broken.

Obama didn't have 3% wage growth, because "our capitalism is very broken"?

Yes

But Trump did. He must have fixed what Obama broke......

Nope. Good wage growth is much higher. What we have now is weak.