Why don’t republicans seem to understand the consequences of tax cuts?

[Toddsterpatriot]

Since 1989 3 Republican administrations have averaged 1.7% avg. annual GDP growth.

What was the average since 1981?

 

[Billy000]

He sure as hell would not get republican votes for it because it would help pass his legislation.

Biden could introduce a bill, today, to make the Trump middle class tax cuts permanent and
probably get 100% support from Republicans in the House and Senate.

How many Dems would support it? LOL!

Even if he did get some Republican votes, he likely would have lost democrat votes.

Obviously. Dems don't want to cut middle class taxes.

As far as a permanent tax cut went, in 2012 he made permanent a part of the Bush tax cut

Obama's "biggest middle class tax cut since Reagan" was really Bush? OMG!!!

Lol you’re completely making shit up. Again,
If that were true, why didn’t they make the cut permanent to begin with? They also wouldn’t do it for the sole fact that it was part of BBB. Republicans wouldn’t want all the credit for it and they wouldn’t get it.

Uh yes it was part of the bush tax cut that was always temporary. He then made it permanent for those making less than 400,000. Not sure why you think it matters if it was originally part of legislation meant to be temporary. It was by itself new legislation.

 

[miketx]

Go ahead..

Explain what's wrong..

Lord almighty! Why? All you will do then is spew more bullshit.

 

[bripat9643]

It’s a pretty basic concept. If spending is not adequately cut and taxes are cut (something republicans do), this means that there is less revenue to pay for spending. If bewilders me how republicans think you can cut taxes and think it doesn’t have consequences. We know it has consequences because the deficit blew up under Trump.

Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years

Oh and news flash: trickle down economics is not a real thing. Why would corporations bother investing in labor when it is easier for them to just keep the huge amount of money they save from tax cuts? After all their profits are already at an all time high.

United States Corporate Profits

Corporate Profits in the United States decreased to 2726.80 USD Billion in the first quarter of 2024 from 2803.20 USD Billion in the fourth quarter of 2023. This page provides the latest reported value for - United States Corporate Profits - plus previous releases, historical high and low...

tradingeconomics.com

It bewilders me how Democrats believe that increased spending and increased taxes doesn't have economic consequences.

 

[The5thHorseman]

What was the average since 1981?

I'll give you a chance to do that math yourself.....

We both know it will come back to me, because you don't even know where to look for the data.

 

[The5thHorseman]

It bewilders me how Democrats believe that increased spending and increased taxes doesn't have economic consequences.

They do..

You don't understand them.

 

[The5thHorseman]

Lord almighty! Why? All you will do then is spew more bullshit.

Calling your bluff, cowgirl.

 

[Rigby5]

Well obviously if taxes are too high, then investment goes to China instead.

Anyone who looks at the government taxes and spending, can easily see that historically we now are just wasting taxes entirely on pointless military spending.

Like giving the Ukraine trillions.
There is no way Russia is ever going to allow this corrupt government in Kyiv to survive, so all that money is a total waste.

We also need to remove all troops from Iraq, Syria, Libya, etc.
Overseas deployments cost 4 times what domestic barracks cost.
The military should be cut down to less than half what it is now, and all those foreign bases like Guantanamo are actually totally illegal.

 

[CowboyTed]

It’s a pretty basic concept. If spending is not adequately cut and taxes are cut (something republicans do), this means that there is less revenue to pay for spending. If bewilders me how republicans think you can cut taxes and think it doesn’t have consequences. We know it has consequences because the deficit blew up under Trump.

Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years

Oh and news flash: trickle down economics is not a real thing. Why would corporations bother investing in labor when it is easier for them to just keep the huge amount of money they save from tax cuts? After all their profits are already at an all time high.

United States Corporate Profits

Corporate Profits in the United States decreased to 2726.80 USD Billion in the first quarter of 2024 from 2803.20 USD Billion in the fourth quarter of 2023. This page provides the latest reported value for - United States Corporate Profits - plus previous releases, historical high and low...

tradingeconomics.com

It is simple media bubbles...

It is not about bad people or good people, it is simple brain washing... Look at the Trump Cult, they are the farthest gone...

But we have a right wing media who have convinced their tribe by giving money to rich people will make their life better...

 

[bripat9643]

They do..

You don't understand them.

Obviously you don't because turds like you are always proposing more spending and more taxes.

 

[miketx]

Calling your bluff, cowgirl.

No, I explained perfectly what you lying howlers do. You scum do it everytime. Example:

Vermin supreme: show proof right or you got nothing!

American: ok, here's a transcript of the events that occured proving what I said.

Vermin supreme:

 

[CowboyTed]

Well obviously is taxes are too high, then investment goes to China instead.

After that statement I stopped reading...

Sorry but explain that comment...

Corporation tax in China is 25%.....

 

[The5thHorseman]

Obviously you don't because turds like you are always proposing more spending and more taxes.

Bri,

If your simple minded yapping had currency, Republican administrations would not have performed so poorly over your lifetime.

But they have.

Abysmally.

And before running your piehole, get your numbers and sources.

 

[ElmerMudd]

Obviously you don't because turds like you are always proposing more spending and more taxes.

PLEASE EXPLAIN HOW YOU USE ARTICLES FROM 1991 TO SUPPORT ARGUMENTS YOU HAVE MADE ON THIS THREAD.

WE CANNOT BELIEVE ANYTHING YOU SAY.

YOU ARE ON PIECE OF WORK, ONE POS.

 

[The5thHorseman]

No, I explained perfectly what you lying howlers do. You scum do it everytime. Example:

Vermin supreme: show proof right or you got nothing!

American: ok, here's a transcript of the events that occured proving what I said.

Vermin supreme:
View attachment 749808

That's bullshit, Mike.


You only know what you are told to believe by some idiot on TV or radio.

You wouldn't know a primary source if it sat on your lap eating your lunch.

 

[miketx]

That's bullshit, Mike.


You only know what you are told to believe by some idiot on TV or radio.

You wouldn't know a primary source if it sat on your lap eating your lunch.

I don't watch the news or news radio because it's all infested with liars like you. Try some other lie.

 

[bripat9643]

Bri,

If your simple minded yapping had currency, Republican administrations would not have performed so poorly over your lifetime.

But they have.

Abysmally.

And before running your piehole, get your numbers and sources.

You' re playing with statistics. We all know who demands higher spending and higher taxes.

 

[Toddsterpatriot]

Lol you’re completely making shit up. Again,
If that were true, why didn’t they make the cut permanent to begin with? They also wouldn’t do it for the sole fact that it was part of BBB. Republicans wouldn’t want all the credit for it and they wouldn’t get it.

Uh yes it was part of the bush tax cut that was always temporary. He then made it permanent for those making less than 400,000. Not sure why you think it matters if it was originally part of legislation meant to be temporary. It was by itself new legislation.

If that were true, why didn’t they make the cut permanent to begin with?

They couldn't without Dem votes. It was in all the papers.

They also wouldn’t do it for the sole fact that it was part of BBB.

Biden tried to make the middle class tax cuts permanent in BBB?

You’re completely making shit up. Again.

Uh yes it was part of the bush tax cut that was always temporary.

Temporary because the Dems all voted against it. It was in all the papers.

He then made it permanent for those making less than 400,000.

Obama's vote totals, in the House, to make the Bush cuts permanent.

https://clerk.house.gov/evs/2012/roll545.xml

In the Senate, it was 89 yes, 8 no.

 

[The5thHorseman]

I don't watch the news or news radio because it's all infested with liars like you. Try some other lie.

Mike,

You're lying.

 

[Toddsterpatriot]

I'll give you a chance to do that math yourself.....

We both know it will come back to me, because you don't even know where to look for the data.

Run away.