It's Official: Trump Tax Cuts Are Boosting Growth And Mostly Paying For Themselves

Discussion in 'Budget & Taxes' started by MolonLabe2009, Apr 11, 2018.

  1. Quadhole

    Quadhole Well-Known Member

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    ZORRO, the Neocons representative ! The Trumptard leader on PF... WOW, as it all spins out of control the disappear from message boards, just like in 2007. Sad to watch so many suffer off of their Foolish voting and conservative thinking that fails every time.
     
  2. Empress

    Empress Well-Known Member

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    OH So ominous!
     
  3. JakeStarkey

    JakeStarkey Well-Known Member

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  4. 61falcon

    61falcon Well-Known Member

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    Trumps TARIFFS on American consumers are the biggest TAX INCREASES since the 1960's!!!!
     
  5. dairyair

    dairyair Well-Known Member

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    National debt has gone up 2B in 2 yrs.
    The tax cuts aren't doing squat.
     
  6. MB74

    MB74 Member

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    That has a lot to do with the fact that the U.S. is no longer importing oil.
     
  7. JakeStarkey

    JakeStarkey Well-Known Member

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    How many goods producing jobs have disappeared over the last 21 months next to those that have been created is the question to answer.
     
  8. XploreR

    XploreR Well-Known Member

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    And, what are they being used for that benefits our country? Just more $ going to the super wealthy?
     
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  9. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    HEY SUCKER!

    Nope! Mostly to the DoD! Almost half of ALL DISCRETIONARY SPENDING - as shown here:
    [​IMG]

    Defense for who? Donald Dork! Howzat?

    Here's how: That money is well-spent on companies that provide the DoD with all its goodies. Those companies make LOTSA PROFITS - of which a good chunk comes back to finance the reelection of Donald Dork!

    That's been "politics" in America for almost two centuries.

    So, there's neither any right nor sense complaining ... !

    PS: Until, that is, Americans wake up to how they are being shafted by Big Gummint ! What a bunch of suckers we are and have been!
    PPS: That money could be used to provide us with a decently inexpensive Healthcare Service - or even free Post-secondary education for our kids! (As Hillary had proposed!)
     
    Last edited: Jun 11, 2019
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  10. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    He is mentally deranged! He has a very bad case, since birth, of a psychological disorder called Narcissism. To such a point that a main psychology association has declared this:
    "The Dangerous Case of Donald Trump" - excerpt:
    You're saying "it isn't so"? Then you and Donald Dork are both in denial ...


    PS: Also a quote from the above:
     
    Last edited: Jun 11, 2019
  11. Gorgeous George

    Gorgeous George Well-Known Member

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    A great example of sophistry.
     
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  12. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    A great example of one-liner sarcasm in a DEBATE forum ....
     
  13. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    You might like to explain how this happens. Because the National Debt went even further north.

    There's magic in your calculations above. But not mystery. You've conveniently selected data over the right timeframe. In the long-run, the facts are in the Total National Debt numbers.

    Trump was elected in 2017, so he was theoretically responsible for all deficits after 2018 that might lead to increasing the national debt after 2018. Look what happened (from here) data-wise:
    [​IMG]

    'Nuff said or do you want me to explain the numbers' source ... ?
     
    Last edited: Jun 13, 2019
  14. fullmetaljack

    fullmetaljack Well-Known Member

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    So, basically,

    The national debt is up $1.8 trillion
    The trade deficit has grown.
    Tax cuts for corporations haven't produced any jobs but instead stimulated record stock buy-backs in 2018.
    Wages are flat.

    Dirty Donnie knows ZERO about economics, and his trumpette lemmings continue to stream over the cliff.
     
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  15. MolonLabe2009

    MolonLabe2009 Well-Known Member

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    Any jobs? What planet do you live on?

    Every month there has been a net positive job growth.
     
  16. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    THE POVERTY THRESHOLD

    Dangerous Donny knows diddly-squat about economics despite the fact that he "supposedly" has a BS-degree in the subject from Wharton.

    His entire life has been one of kissing bankers' arses to get real estate funding. Let's credit him nonetheless for the know-who-and-knowhow to make a megabuck. However it did help enormously that "Daddy" left all of his kids between 30 and 50 million dollars each. (Though it is not sure how much real-estate was part of that inheritance.)

    The recent Tax Cuts were a clear handshake for the super-rich to remind them of their "sacred duty to reelect him". Moreover, take a look at the humongous increase in the DoD-budget - yet another "here-I-am-fellas!" in case they'd forgot who had funded their cash-cow. (The DoD swallows whole more than half the entire Discretionary Budget - which the PotUS controls.)

    He knows well who his best friends are and expects them to kiss his broad-ass having both lowered upper-income tax-rates and refunded the DoD with more money than it knows how to spend ... !

    PS: And for those swallowing the bullshat that Donald Dork was the Prime Mover of the present economic binge of Uncle Sam do give a reflection to this chart from the BLS of Employment-to-population Ratio here from the Fed. And note this about the Ratio:
    *It went to hell in 2009 resulting from the Sub-Prime Mess that the Replicants offered to Obama on a platter.
    *It did not recover until 2014 all by itself because. Whyzzat? Because from 2010 the HofR (under Replicant control) stymied all Economic Renewal Funding for four-long-years in the hopes of unseating Obama in the 2011 election. But it didn't work out that way did? (Still that's how they play political hardball in DC with your job-prospects!)
    *And it was another two years beyond that, finally, in 2014, the US economy started creating jobs all-by-itself. (AbraCadabra!)

    You and me and all the rest of us who lived through that experience had to pay the consequences of hard-ball Replicant politics. And nothing has changed in their political-outlook. America is a money-spinner for a select minority of 0.1% of the population.

    And what about the nearly 14% (around 40 million men, women and children) of us below the Poverty Threshold*? Well, they can take a long walk off a short pier ... !

    *Which is $24K a year income for a family of four.
     
  17. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    TRUE LIFE BALANCE

    OK. Now prove that that Job Growth came from the Tax Cuts.

    Look! The tax-cuts were all for stratospheric upper-income billionaires!

    Down at the bottom, the workforce did have more people working. Which is goodness - or, simply, better than they be unemployed.

    But are they "well"? That is, truly happy of their work conditions? Which is an altogether different but key question.

    From here: The Happiness Value of Work-Life Balance - excerpt:
    So, boyz-'n-girlz, throw away that smart-phone and start connecting better with your family and friends. Because that is where true Life-Balance is found ... !
     
  18. Gorgeous George

    Gorgeous George Well-Known Member

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    I know you are but what am I?
     
  19. kungfuliberal

    kungfuliberal Well-Known Member

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    Reaganomics doesn't work no matter what version it comes in, folks...hasn't since that B-movie bumpkin introduced it over 30 years ago! Deal with it.
     
    Last edited: Jun 15, 2019
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  20. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    Well put, sort of ... but the real problem is Mental. We Yanks come from generations of "do-it-yourselfers". Meaning, if you cant or dont want "to do", then don't expect anyone else to do for you.

    That sense of independence is strong in the American character. So, when they look at the ethics of Social Democracy they get confused. American capitalism is idiosyncratic "self-dependence".

    Many on this forum use the words "socialism" without looking at its definition. That is, that the government owns all the means of production. Unless I am gravely mistaken, only one country exists today with that sort of governance. It is North Korea. (Maybe China since there too the election of the Head of state is not really democratic.)

    Unfortunately, American politicians use the word social only in the concept of a "Church social". They seem deathly afraid of the word's connotation in America.

    Well, the rest of the developed world, principally the European Union, left that connotation where it was in 1950. They've moved on with government subsidized Healthcare and Tertiary Education. And, the results are showing. Yes, taxes are higher in Europe. But neither is there an ER at hospitals full-up with people looking for free emergency health-care services ...

    PS: Moreover, I am likely to live to the ripe old average age of 84 here in Europe, whereas yours in the us is only 79! (Don't believe that? See here!)
     
    Last edited: Jun 15, 2019
  21. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    You really are ignorant of the economic facts.

    Net Job-rebuilding in America started in the last two years of the Obama Administration. (See Employment-to-population Ratio here.)

    And that was after four-years of NO STIMULUS SPENDING that the Replicants refused in the HofR! (Meaning it happened MUCH TOO LATE but ALL BY ITSELF!)

    And why that attitude? Because the Replicants wanted to oust Obama in the 2012 election with the high-unemployment rate!
     
    Last edited: Jun 15, 2019
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  22. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    Let's not go overboard, shall we?

    Nothing is further from the grasp of the Dems (as regards both chambers of Congress) as is the Senate. Which - of course, you've not forgot - is necessary to pass any legislation among with a Dem HofR.

    Then of, course, there's densehead himself that will veto any legislation that the Dems might propose and the Senate pass! (Which is totally unlikely.)

    I hope this vile circumstance sits well with my fellow Americans. You (plural) thought Obama was sufficiently disappointing to (1) stay home in the 2010 midterms and thus (2) give the HofR over to the Replicants; thus cutting off his two legs politically. He did not accomplish even half of what he had intended to do.

    And, along comes Donald Dork who wins the presidency having lost the popular-vote! Because the states' Electoral College gives "all its votes" over to the state winner of the election. Which means effectively that those who did not vote for the winner see their votes torn-up and thrown away! They might as well have stayed home for all the act of voting was worth to them!!!

    More perverse politically, how can a country get ... !?!
     
    Last edited: Jun 15, 2019
  23. JakeStarkey

    JakeStarkey Well-Known Member

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    Net Job Growth and the economic rebound begins and grows in the last two Obama years.
     
  24. ibobbrob

    ibobbrob Well-Known Member

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    Chief architect of the Donald Tax Cuts for the Wealthy is finally admitting what ALL DEMOCRATS have known all along, his tax cuts for the wealthy are not paying for themselves.As the deficit balloons daily.He' s now saying it will be 8 to 10 years before we see the savings??As the debt quickly climbs toward 23 TRILLION.By then he'll probably be long gone out of office.
     
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  25. MolonLabe2009

    MolonLabe2009 Well-Known Member

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    He never claimed that.
     

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