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

[Independent thinker]

Tax receipts didn’t go down. That isn’t my point. My point is two fold: 1) tax receipts are going to up every year regardless of legislation unless we are in a recession. 2) tax receipts is not how you measure the value of revenue.

So, you're admitting that when tax cuts were done, tax receipts didn't go down and, in fact, went up. That took a real man to admit you were wrong.

 

[Independent thinker]

‘Trickle-down’ tax cuts don’t work, study says Tax cuts simply do not work.

Reagan started giving tax cuts to the rich, and incomes have been flat. There are zero advantages to this policy; Introducing Ed's 'vulture chart'

Tax cuts increased tax revenues and tax revenues increased because more people had jobs because businesses were able to hire more people.

 

[The5thHorseman]

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

Unless it is supported by the data, you’re being grifted.


Bri,

Is it?
 

 

[The5thHorseman]

Run away.

Toddy,

Why do I have to do your math?

Just admit it, and I'll post the answer.

 

[The5thHorseman]

Tax cuts increased tax revenues and tax revenues increased because more people had jobs because businesses were able to hire more people.

No.

The data says otherwise.

 

[Independent thinker]

No.

The data says otherwise.

You just posted a damn graph showing tax receipts went up after the tax cuts. Don't your read your very own graphs you post?

 

[The5thHorseman]

You just posted a damn graph showing tax receipts went up after the tax cuts. Don't your read your very own graphs you post?

No, it doesn't....

You people can't read graphs..


U.S. Federal Government Tax Revenue

 

[Toddsterpatriot]

Toddy,

Why do I have to do your math?

Just admit it, and I'll post the answer.

Why did you choose 1989 instead of 1981?
Is it because you're a hack?

 

[The5thHorseman]

Why did you choose 1989 instead of 1981?
Is it because you're a hack?

No...because that gives you 32 years, 3 from each, 16 years per.

Now stop stalling and admit that you don't even know where to find the numbers.

 

[Independent thinker]

No, it doesn't....

You people can't read graphs..


U.S. Federal Government Tax Revenue

The graph shows federal income tax receipts going up. You can't read your very own graphs.

 

[The5thHorseman]

The graph shows federal income tax receipts going up. You can't read your very own graphs.

Is the line kinked at any point?

You people are morons.

 

[Leweman]

The only consequences are from the retards elected to spend our money. Tax cuts always increase revenue. Even if they didn't the retards "elected" need to develop budgets related to it.

 

[ElmerMudd]

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

 

[Independent thinker]

Is the line kinked at any point?

You people are morons.

Most all graphs go up and down. Your graph clearly shows federal income tax revenues increasing after the tax cuts. Of course it isn't a totally straight line, especially with the pandemic during that time. But, your graph clearly goes UP.

 

[The5thHorseman]

Most all graphs go up and down. Your graph clearly shows federal income tax revenues increasing after the tax cuts. Of course it isn't a totally straight line, especially with the pandemic during that time. But, your graph clearly goes UP.

Duh.



As GDP grows...

Have tax cuts generated gdp growth?

The last 2 versions averaged 1.6 per year....

The fact is that supply side tax cuts have not paid for themselves since the 60s.

 

[Independent thinker]

Duh.



As GDP grows...

Have tax cuts generated gdp growth?

The last 2 versions averaged 1.6 per year....

The fact is that supply side tax cuts have not paid for themselves since the 60s.

Tax revenues have increased since the tax cut. Why do you lie?

 

[The5thHorseman]

Tax revenues have increased since the tax cut. Why do you lie?

In FY 2000, receipts were 2.03 trillion....in FY 2003, they were 1.78...

It would take until some time in FY 2005 to catch up.

Meanwhile spending grew 20%

 

[ElmerMudd]

Tax revenues have increased since the tax cut. Why do you lie?

Given that the economy grew in 2018, and in the absence of another policy that could have caused a large revenue loss, the data imply that the 2017 tax cut substantially reduced revenues.

While some TCJA supporters observe that nominal revenues were higher in fiscal year 2018 (which began Oct. 1, 2017) than in FY2017, that comparison does not address the question of the TCJA’s effects. Nominal revenues rise because of inflation and economic growth. Adjusted for inflation, total revenues fell from FY2017 to FY2018 (Figure 1). Adjusted for the size of the economy, they fell even more.

Did the 2017 tax cut—the Tax Cuts and Jobs Act—pay for itself? | Brookings

William Gale disproves a popular mischaracterization of the 2017 Tax Cuts and Jobs Act.

www.brookings.edu

 

[Independent thinker]

In FY 2000, receipts were 2.03 trillion....in FY 2003, they were 1.78...

It would take until some time in FY 2005 to catch up.

Meanwhile spending grew 20%

Oh, so now you're going back to the past. The tax cut line in your post was for 2017. Guess that means you admit you lost that argument, which you did. So, I understand why you moved the goal posts.

 

[Independent thinker]

Given that the economy grew in 2018, and in the absence of another policy that could have caused a large revenue loss, the data imply that the 2017 tax cut substantially reduced revenues.

While some TCJA supporters observe that nominal revenues were higher in fiscal year 2018 (which began Oct. 1, 2017) than in FY2017, that comparison does not address the question of the TCJA’s effects. Nominal revenues rise because of inflation and economic growth. Adjusted for inflation, total revenues fell from FY2017 to FY2018 (Figure 1). Adjusted for the size of the economy, they fell even more.

Did the 2017 tax cut—the Tax Cuts and Jobs Act—pay for itself? | Brookings

William Gale disproves a popular mischaracterization of the 2017 Tax Cuts and Jobs Act.

www.brookings.edu

Tax revenues were up in 2018. Boy do you guys know how to lose a debate.