Cutting taxes doesn't generate increased economic activity

[LV426]

The central pillar to Conservative philosophy is that if you cut taxes, it will unleash economic activity that will generate wages and revenues that offset what the cut loses.

But after 12 months of the Conservative Russia Tax Cut, revenues are lower than the 12 months prior.

So cutting taxes doesn't result in increased economic activity, and we know this because revenues are lower in 2018 vs. 2017.

So since that central, fundamental premise of Conservatism is bullshit, what else do they believe that is also bullshit?

[countryboy]

Only every time.

[Cypress]

The central pillar to Conservative philosophy is that if you cut taxes, it will unleash economic activity that will generate wages and revenues that offset what the cut loses.

But after 12 months of the Conservative Russia Tax Cut, revenues are lower than the 12 months prior.

So cutting taxes doesn't result in increased economic activity, and we know this because revenues are lower in 2018 vs. 2017.

So since that central, fundamental premise of Conservatism is bullshit, what else do they believe that is also bullshit?

My theory is that working class and middle class Trump boot-lickers voted for him on the basis of racial resentment, xenophobia, and petty personal grudges.

If you want my opinion, I really don't think they give a crap about Republican tax schemes that overwhelmingly favor Wall Street and the investor class. It does not bother them in the least. What they really want to see is a president who bashes the Muslims, the brown people, the Euro-trash, and the liberal boogeyman. Trump basically gives voice to every petty grievance and festering resentment they have clung to and internalized for decades.

[LV426]

Only every time.

Nope.

Didn't happen in 2018.

Revenues for 2018 are down vs. 2017.

You all promised revenues would increase because economic activity increased.

[zymurgy]

The central pillar to Conservative philosophy is that if you cut taxes, it will unleash economic activity that will generate wages and revenues that offset what the cut loses.

But after 12 months of the Conservative Russia Tax Cut, revenues are lower than the 12 months prior.

So cutting taxes doesn't result in increased economic activity, and we know this because revenues are lower in 2018 vs. 2017.

So since that central, fundamental premise of Conservatism is bullshit, what else do they believe that is also bullshit?

no shit stain, the central pillar is that individual liberty matters. personal property matters. and personal responsibility matters.

if killing you makes all our lives better, conservatives will defend your life anyway. democrats will let the voters decide.

[LV426]

no shit stain, the central pillar is that individual liberty matters. personal property matters. and personal responsibility matters

No it's not.

It's always been "cutting taxes leads to increased economic activity, which leads to higher revenues" aka "tax cuts pay for themselves".

Your shitty Russia Tax Cut caused revenue collected in 2018 to be lower than revenue collected in 2017.

That has only happened twice this century: The Great Bush Recession (2007-2009), and the Bush Tax Cuts (2001-2003).

f killing you makes all our lives better, conservatives will defend your life anyway. democrats will let the voters decide.

Conservatives are gullible rubes who bought into a lie about tax cuts.

Your judgment is so poor, your instincts so bad, your morals so awful, and your characters so rotten that you were made a mark by the Conservative Movement who tricked you into supporting bullshit.

Way. To. Go.

[zymurgy]

No it's not.

Listen up little man – you are referring to a concept called supply side economics. Conservatism predates this concept – to claim they are interchangeable shows what a stupid little person you are.

You want to admit this mistake, and we can talk about all your other retarded slants on things.

Otherwise – fuck off – you are a moron.

[tinfoil]

So raising taxes is what we need!

[zymurgy]

don't let the shit stains define you

https://home.isi.org/pillars-modern-...n-conservatism

[zymurgy]

ironically - the central pillar of progressives is that they are losers that need assistance from the rest of us to survive

[Truth Detector]

Cutting taxes doesn't generate increased economic activity

WRONG!!! But I am amused by the counter argument that tax increases spur increased economic opportunity.

How Tax Cuts Stimulate the Economy
https://www.investopedia.com/articles/07/tax_cuts.asp

Tax Increases Reduce GDP
https://www.nber.org/digest/mar08/w13264.html

The Historical Lessons of Lower Tax Rates
When tax rates are reduced, the economy's growth rate improves and living standards increase.
https://www.heritage.org/taxes/repor...ower-tax-rates

[Truth Detector]

The central pillar to Conservative philosophy is that if you cut taxes, it will unleash economic activity that will generate wages and revenues that offset what the cut loses.

But after 12 months of the Conservative Russia Tax Cut, revenues are lower than the 12 months prior.

So cutting taxes doesn't result in increased economic activity, and we know this because revenues are lower in 2018 vs. 2017.

So since that central, fundamental premise of Conservatism is bullshit, what else do they believe that is also bullshit?

Your desperate flailing illustrates your flawed logic and woefully inept comprehension of human behavior.

BUT, the notion that MORE Government confiscation of the citizens wealth as being good is not merely lacking in factual content, it is laughably stupid.

[Truth Detector]

My theory is that working class and middle class Trump boot-lickers voted for him on the basis of racial resentment, xenophobia, and petty personal grudges.

Your theories are about as moronic as your predictions and economic knowledge.

If you want my opinion,

NO, we don't. TYVM

[LV426]

Listen up little man – you are referring to a concept called supply side economics. Conservatism predates this concept – to claim they are interchangeable shows what a stupid little person you are

Conservatism has adopted that bullshit theory, and used it to sell this Russia Tax Cut back in December 2017.

You all said back in December 2017 that cutting taxes would result in increased economic activity, which would increase revenues.

Only, revenues for 2018 are below what they were in 2017.

So then cutting taxes doesn't increase economic activity; cutting taxes just reduces revenue and expands deficits.

So the fundamental belief you have when it comes to taxes and the economy is complete bullshit.

Your entire economic philosophy is a laughable crock of shit.

[LV426]

So raising taxes is what we need!

Obviously, since cutting taxes didn't result in increased economic activity like you promised it would.

So your fundamental core belief is horseshit.

Since that's horseshit, what else do you believe that is also horseshit?