Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
You seem to be ignorant. Revenue increases every year we aren't in a recession. And the rate of increase went to near zero after the cuts. This lead to increasing the deficit. Trump lead the way in spending increases with military.No, it's a well known fact. You don't seem to belong in this conversation if you don't know the basics.Don't you have google kid? Revenue went flat, that's a fact. It should be growing in a growing economy.Now suppose your President is really irresponsible and gives out huge tax cuts that lower revenue and then he increases spending. Now that's just the worst.
You're still talking in moron.
Can you tell me how much it was lowered, you couldn't earlier.
So you dont know.
Look you ignorant fuck
Everytime that there is a tax rate reduction, income to the treasury increases.
Everytime.
In my lifetimr, JFK, Reagan, Bush and Trump.
Everytime.
And everytime, congress ends up spending more in an effort to sabotage the gains so that really stupid fucks like you will never catch on.
That's the facts.
The economy is slowing and we have trillion dollar deficits.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.
The tax cuts are working. The economy is doing very well.
GDP growth is down.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.
Tax cuts for big business and the wealthy never, ever help the economy. Tax cuts don't create jobs. Tax cuts don't raise wages for the working people of this nation.
All tax cuts do is explode the deficit and debt and make big business and the filthy rich, even more filthy rich.
Tax cuts for big business and the wealthy never, ever help the economy.
You're lying.
3 is weak.Pretty sure it’s currently below 3. Historically it is very weak.Nope. Good wage growth is much higher. What we have now is weak.But Trump did. He must have fixed what Obama broke......
Good wage growth is much higher. What we have now is weak.
But higher than Obama had.
Pretty sure it’s currently below 3.
View attachment 304625
Wage Growth Tracker - Federal Reserve Bank of Atlanta
This source seems to say above 3% since March 2018.
Hardly.3 is weak.Pretty sure it’s currently below 3. Historically it is very weak.Nope. Good wage growth is much higher. What we have now is weak.
Good wage growth is much higher. What we have now is weak.
But higher than Obama had.
Pretty sure it’s currently below 3.
View attachment 304625
Wage Growth Tracker - Federal Reserve Bank of Atlanta
This source seems to say above 3% since March 2018.
Stronger than Obama's.
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.
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.
Corporations didn’t need the cash. Tax cuts work if corporations need capital to pay for equipment or expansion. Corporations have awash with cash since W was in office. Profits from offshoring production.
A capitalist economy exists on supply and demand. There is a lot of pent up demand due to stagnant wages and a shrinking middle class. But not cash amongst workers and middle class to act on it.
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.
Thank you for actually giving an answer to the question. I think it's definitely on the right track. With so many of our corporations being near monopolies I think they already had tons of cash.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.
Corporations didn’t need the cash. Tax cuts work if corporations need capital to pay for equipment or expansion. Corporations have awash with cash since W was in office. Profits from offshoring production.
A capitalist economy exists on supply and demand. There is a lot of pent up demand due to stagnant wages and a shrinking middle class. But not cash amongst workers and middle class to act on it.
Well we gave out huge tax cuts and gdp growth is falling. You care to answer why that is?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.
Corporations didn’t need the cash. Tax cuts work if corporations need capital to pay for equipment or expansion. Corporations have awash with cash since W was in office. Profits from offshoring production.
A capitalist economy exists on supply and demand. There is a lot of pent up demand due to stagnant wages and a shrinking middle class. But not cash amongst workers and middle class to act on it.
That's all factually incorrect.
Thank you for actually giving an answer to the question. I think it's definitely on the right track. With so many of our corporations being near monopolies I think they already had tons of cash.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.
Corporations didn’t need the cash. Tax cuts work if corporations need capital to pay for equipment or expansion. Corporations have awash with cash since W was in office. Profits from offshoring production.
A capitalist economy exists on supply and demand. There is a lot of pent up demand due to stagnant wages and a shrinking middle class. But not cash amongst workers and middle class to act on it.
Waiting for you to explain why a huge tax cut for corporations lead to decreased gdp growth.Thank you for actually giving an answer to the question. I think it's definitely on the right track. With so many of our corporations being near monopolies I think they already had tons of cash.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.
Corporations didn’t need the cash. Tax cuts work if corporations need capital to pay for equipment or expansion. Corporations have awash with cash since W was in office. Profits from offshoring production.
A capitalist economy exists on supply and demand. There is a lot of pent up demand due to stagnant wages and a shrinking middle class. But not cash amongst workers and middle class to act on it.
Do you even know what a corporation is?
Hardly.3 is weak.Pretty sure it’s currently below 3. Historically it is very weak.Good wage growth is much higher. What we have now is weak.
But higher than Obama had.
Pretty sure it’s currently below 3.
View attachment 304625
Wage Growth Tracker - Federal Reserve Bank of Atlanta
This source seems to say above 3% since March 2018.
Stronger than Obama's.
You didn't seem to care much about deficits 10 years ago.The economy is slowing and we have trillion dollar deficits.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.
The tax cuts are working. The economy is doing very well.
Well we gave out huge tax cuts and gdp growth is falling. You care to answer why that is?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.
Corporations didn’t need the cash. Tax cuts work if corporations need capital to pay for equipment or expansion. Corporations have awash with cash since W was in office. Profits from offshoring production.
A capitalist economy exists on supply and demand. There is a lot of pent up demand due to stagnant wages and a shrinking middle class. But not cash amongst workers and middle class to act on it.
That's all factually incorrect.
Well we gave out huge tax cuts and gdp growth is falling. You care to answer why that is?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.
Corporations didn’t need the cash. Tax cuts work if corporations need capital to pay for equipment or expansion. Corporations have awash with cash since W was in office. Profits from offshoring production.
A capitalist economy exists on supply and demand. There is a lot of pent up demand due to stagnant wages and a shrinking middle class. But not cash amongst workers and middle class to act on it.
That's all factually incorrect.
Corporations didn’t need the cash. Tax cuts work if corporations need capital to pay for equipment or expansion.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.
Corporations didn’t need the cash. Tax cuts work if corporations need capital to pay for equipment or expansion. Corporations have awash with cash since W was in office. Profits from offshoring production.
A capitalist economy exists on supply and demand. There is a lot of pent up demand due to stagnant wages and a shrinking middle class. But not cash amongst workers and middle class to act on it.
You are talking about an increase of .nothing. So what? It's historically quite low while deficits are historically huge.Hardly.3 is weak.Pretty sure it’s currently below 3. Historically it is very weak.
Pretty sure it’s currently below 3.
View attachment 304625
Wage Growth Tracker - Federal Reserve Bank of Atlanta
This source seems to say above 3% since March 2018.
Stronger than Obama's.
Hardly.
View attachment 304666
Durr
I've cared since Ross Perot ran for president.You didn't seem to care much about deficits 10 years ago.The economy is slowing and we have trillion dollar deficits.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.
The tax cuts are working. The economy is doing very well.
Economy is slowing, whatever.
Corporations didn’t need the cash. Tax cuts work if corporations need capital to pay for equipment or expansion.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.
Corporations didn’t need the cash. Tax cuts work if corporations need capital to pay for equipment or expansion. Corporations have awash with cash since W was in office. Profits from offshoring production.
A capitalist economy exists on supply and demand. There is a lot of pent up demand due to stagnant wages and a shrinking middle class. But not cash amongst workers and middle class to act on it.
What do they do with unneeded capital?
