"Trump: Tax reform can create ‘millions of jobs"

Cypress said:
An honest Republican at last: tax policy is not about economic growth, or jobs. It is about keeping undeserving people from for "voting for free stuff".

I should also point out the massive goal post moving you and other wingnuts have tried to pivot too.

For many years, the con Mantra was that "tax cuts pay for themselves"

So why did you pivot to saying the only work if there are massive cuts to education, infrastructure, and/or other social programs??

I mean, why not just be honest from the start? If you want tax cuts for the rich, just say that you need to slash or defund education, highways, infrastructure, medicaid, and other societal needs.
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Gee...I wonder how trump feels about his proposed cuts to FEMA?
 
callinectes said:
Optimism. And I know it won't sustain growth, like love don't pay the rent. But people who run businesses(and that includes the evil corporations)understand that a low tax rate and an increased profit margin(I know, I know, I said "profit", which makes me a racist)is good for the economy. But if you want to RAISE taxes, RAISE the minimum wage, INCREASE regulation, and it results in a stagnant economy at best, what do you expect business to do? Why would they hire anybody, much less increase wages? The left has convinced much of it's voter base that the only solution to "income inequality" and all that other made up gibberish, is to raise taxes and redistribute the booty to those the gobblement thinks deserves it. In fact, some very smart people are now promoting the idea of a "national salary", which as I understand it, is getting a check from the gobblement simply for being an American. WTF? Is this the sign of a healthy economy?
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You are so far off, there's no coming back for you. One thing creates jobs....demand for a product. All the tax cuts in the world will not create demand. Unless, of course, you slash taxes for the middle class, and keep other taxes unchanged.

Reagan/Bush 1/Bush 2 all relied on public sector jobs to stave off unemployment. That's achieved through increasing revenue, not cutting it.
 
I Love America said:
1) you don't have to "pay for tax cuts". It presumes it is the gobblements money

2) cutting taxes without spending cuts at this point in the game is futile.

What is really needed is spending reform.


Sent from my iPhone using Tapatalk Pro
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If the government doesn't spend money on things for which it has no authority spending, they have no need to raise taxes to fund such things.
 
Althea said:
You are so far off, there's no coming back for you. One thing creates jobs....demand for a product. All the tax cuts in the world will not create demand. Unless, of course, you slash taxes for the middle class, and keep other taxes unchanged.

Reagan/Bush 1/Bush 2 all relied on public sector jobs to stave off unemployment. That's achieved through increasing revenue, not cutting it.
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:shock: You mean increasing revenue to the GOVERNMENT? How the hell does that increase demand for a product???
 
callinectes said:
:shock: You mean increasing revenue to the GOVERNMENT? How the hell does that increase demand for a product???
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Reagan/Bush/Bush increased demand for products by putting money into the hands of the middle class via public sector hiring. Why is that so hard to understand? If corporations are going to send production overseas, then the only jobs left here are public sector jobs, and service jobs.

Further, why do you believe that corporate tax cuts increases demand?
 
Althea said:
Reagan/Bush/Bush increased demand for products by putting money into the hands of the middle class via public sector hiring. Why is that so hard to understand? If corporations are going to send production overseas, then the only jobs left here are public sector jobs, and service jobs.

Further, why do you believe that corporate tax cuts increases demand?
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More government jobs?

When the effective corporate tax rate here is several percentage points higher than overseas, why would you expect those corporations to stay? Do you believe they're supposed to be in business to make a "profit" for the government or a profit for their investors?

Why do you have so much faith in a government that has failed so many times?
 
Althea said:
Reagan/Bush/Bush increased demand for products by putting money into the hands of the middle class via public sector hiring. Why is that so hard to understand? If corporations are going to send production overseas, then the only jobs left here are public sector jobs, and service jobs.

Further, why do you believe that corporate tax cuts increases demand?
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Stop concentrating on corporate tax cuts. Under Trump's plan, I stood to keep almost $5k instead of sending it to D.C. That makes me want to buy stuff! If corporations are going to send production overseas, then maybe you might want to think about getting off their backs. Maybe they would stay here and we wouldn't have to hire 4 assistant janitors to the head janitor of the U.S.D.R.D.(United States Department of Redundancy Department). There's also the fact that the govt. makes it VERY difficult to start a business, much less keep it open. The private sector is so demonized by the left, that our best and brightest young people would rather be a low level government flunky than innovating and being their own boss. Corporate tax cuts don't increase demand. High quality products and services that fill a need or desire, at reasonable competitive prices, fuel demand.
 
callinectes said:
Stop concentrating on corporate tax cuts. Under Trump's plan, I stood to keep almost $5k instead of sending it to D.C. That makes me want to buy stuff! If corporations are going to send production overseas, then maybe you might want to think about getting off their backs. Maybe they would stay here and we wouldn't have to hire 4 assistant janitors to the head janitor of the U.S.D.R.D.(United States Department of Redundancy Department). There's also the fact that the govt. makes it VERY difficult to start a business, much less keep it open. The private sector is so demonized by the left, that our best and brightest young people would rather be a low level government flunky than innovating and being their own boss. Corporate tax cuts don't increase demand. High quality products and services that fill a need or desire, at reasonable competitive prices, fuel demand.
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Anecdotes, followed by hogwash don't apply to this discussion. Stop concentrating on corporate tax cuts? That's all trump talks about

Obama is the only POTUS in the last 30 years that increased private sector hiring as opposed to public. Corporate tax breaks do nothing to create jobs. I don't know what your tax bracket is, or how you came up with the $5K figure. Perhaps you're in the demographic that I suggested ought to get marginal rates slashed?
 
Althea said:
Anecdotes, followed by hogwash don't apply to this discussion. Stop concentrating on corporate tax cuts? That's all trump talks about

Obama is the only POTUS in the last 30 years that increased private sector hiring as opposed to public. Corporate tax breaks do nothing to create jobs. I don't know what your tax bracket is, or how you came up with the $5K figure. Perhaps you're in the demographic that I suggested ought to get marginal rates slashed?
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Maybe I missed you answering this earlier but are there specific numbers you are referring to when you say Obama increased private sector hiring as opposed to public?
 
it is meaningless to talk about Obama's "added" jobs without taking into account the jobs lost during his administration.......if six million jobs go away and five million jobs begin you aren't adding 5 million jobs.......you are losing a million......
 
cawacko said:
I like it. How much of that is attributable to soldiers leaving the battlefield and returning to private employment do you believe?
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When Obama took office, we were shedding about 800,000 jobs/month. The Stimulus helped create/save a lot of jobs, and after the myriad bailouts, the auto sector picked up, along with the typical low wage jobs.

At issue for me, is the Conservative claim that cutting taxes produces jobs. In the history of supply side economics, that has never happened. If we increase demand by putting money into the pockets of the middle class, that would be a viable experiment....given that it's never been tried.

But Republicans always demand cuts for top earners if they're going to give cuts to the lower earners. They seem to think that a 100-1 ratio is what the economy needs.

Ironic that Republican administrations always talk about the ills of the public sector, and claim that the govt. doesn't create jobs. Yet these jobs tend to increase during Republican reign.
 
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