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

[Billy000]

Real dollars is different than GDP ratio.

Umm okay. Is that it? That’s the best counter argument you have? Talk about pitiful lol.

 

[Toddsterpatriot]

Umm okay. Is that it? That’s the best counter argument you have? Talk about pitiful lol.

You're whining about inflation, but you don't want to use inflation adjusted dollars?

Is that because you're a moron? Or is there another reason?

 

[The5thHorseman]

So you won't be helping Billy?

You should stop presuming that you have any idea what you're talking about

Discretionary spending isn't indexed to inflation.

 

[Billy000]

You're whining about inflation, but you don't want to use inflation adjusted dollars?

Is that because you're a moron? Or is there another reason?

Do you expect me not to notice that you make up shit as you go along? That article explicitly explains to you why that ratio is needed to determine the value of revenue and what comes from it. You asking new questions you haven’t thought of before without providing your own source with FACTS might seem clever to you or whatever, but it’s something 7th graders do lol. Oh Todd. You don’t need to embarrass yourself like this.

 

[Toddsterpatriot]

Do you expect me not to notice that you make up shit as you go along? That article explicitly explains to you why that ratio is needed to determine the value of revenue and what comes from it. You asking new questions you haven’t thought of before without providing your own source with FACTS might seem clever to you or whatever, but it’s something 7th graders do lol. Oh Todd. You don’t need to embarrass yourself like this.

Why are you changing the subject from inflation to GDP?
Is it because you're a moron?
If you want to adjust for inflation, adjust for inflation.
GDP not needed. Idiot.

 

[Nostra]

S

are you suggesting gas averaged $2/gallon. under Grifty, Simp?

You gotta be a moron.

Did I?

Link?

 

[Toddsterpatriot]

You should stop presuming that you have any idea what you're talking about

Discretionary spending isn't indexed to inflation.

If you’re referring to the tax receipts, that isn’t how you measure the value of real revenue. Revenue has to be computed as a percentage of GDP because of inflation. Regardless of any legislation, government programs are going to need more dollars to pay for the same shit.

^
Help Billy.
For the love of Christ!!!

 

[Billy000]

Why are you changing the subject from inflation to GDP?
Is it because you're a moron?
If you want to adjust for inflation, adjust for inflation.
GDP not needed. Idiot.

I’m sorry I wasn’t listening. What?

 

[Nostra]

Hmmmmmm……

FISCAL YEAR	REVENUE
FY 2021	$4.05 trillion
FY 2020	$3.42 trillion
FY 2019	$3.46 trillion
FY 2018	$3.33 trillion
FY 2017	$3.32 trillion

 

[The5thHorseman]

S


Did I?

Link?

and current gas prices 35%+ what he was handed by Trump, Simp.

Maybe that was "the Bad Nostra"...

 

[The5thHorseman]

If you’re referring to the tax receipts, that isn’t how you measure the value of real revenue. Revenue has to be computed as a percentage of GDP because of inflation. Regardless of any legislation, government programs are going to need more dollars to pay for the same shit.

^
Help Billy.
For the love of Christ!!!

Toddy,

What part of the federal budget is indexed to inflation?

 

[Lesh]

Hmmmmmm……

FISCAL YEAR	REVENUE
FY 2021	$4.05 trillion
FY 2020	$3.42 trillion
FY 2019	$3.46 trillion
FY 2018	$3.33 trillion
FY 2017	$3.32 trillion

Again (and again and again)

Revenue always increases unless we are in a recession .

The question is… does debt increase after and because of tax cuts?

Yes

Always

 

[The5thHorseman]

Hmmmmmm……

FISCAL YEAR	REVENUE
FY 2021	$4.05 trillion
FY 2020	$3.42 trillion
FY 2019	$3.46 trillion
FY 2018	$3.33 trillion
FY 2017	$3.32 trillion

Is 3.46 >, <, or equal to 3.42?

 

[The5thHorseman]

Again (and again and again)

Revenue always increases unless we are in a recession .

The question is… does debt increase after and because of tax cuts?

Yes

Always

The most immediate effect is on the deficit.

 

[Lesh]

The most immediate effect is on the deficit.

Deficits are the structure of the debt

 

[The5thHorseman]

Deficits are the structure of the debt

That's true, but the debt accumulates at the rate of Fed auctions....it is very difficult to figure out deficit induced increases from timing effects year to year.

 

[Lesh]

That's true, but the debt accumulates at the rate of Fed auctions....it is very difficult to figure out deficit induced increases from timing effects year to year.

Not on general terms. Deficits increase and debt increases. Deficits. Lead to increased debt.

The intricacies matter but they don’t change that

 

[Toddsterpatriot]

Toddy,

What part of the federal budget is indexed to inflation?

 

[The5thHorseman]

If you can't answer that question, stop yapping about inflation.

 

[Staidhup]

The key issue has never been about taxation, it’s about spending, uncontrolled spending that has always exceeded tax revenues collected, regardless of the tax rate. Then there is the real elephant in the room, unfunded liabilities.