"The GOP Tax Cuts Didn’t Work"

[CFM]

Wrong. Nobody expands a business without a reason. It requires more demand for your product/service.

When you put money into the lower/middle class (the consumers), you increase demand. The middle class got about $40/month. Hardly enough to increase demand.

Sure they do. Many businesses expand into other areas.

[CFM]

LMAO. No they aren't

For someone like you that it took a month to learn "Do you want fries with that", they likely didn't.

[PoliTalker]

Hello archives,

"Donald Trump’s signature legislative achievement was the corporate-tax cut he signed in 2017. Republicans said it would grow the economy by up to 6 percent, stimulate business investment, and pay for itself."

"None of those promises have come to pass. GDP growth has declined to less than 2 percent according to the latest report, released yesterday. Business investment has now declined for two straight quarters, dragging down economic growth. And the federal deficit exceeds $1 trillion."

https://www.theatlantic.com/ideas/ar...O_xLmHIIKaI5RM

How many times will the right fall for the supply side Laffer curve nonsense? Just a lot of "voodoo economics" promoted by a few to enrich the even fewer. Trump knew exactly what he was doing the night his tax cut passed when he told his supporters gathered at Mar-a-Lago that "you all got a lot richer"

And the crime of it is that Trump added trillions to the National Debt in the midst of a progressing economy that future generations will pay

It was highly irresponsible to fail paying down the debt during a good economy. Now the economy is about to take another skid and the US is ill prepared to borrow a bunch more to prop up the future struggling economy. If you think the debt has soared under Trump (and it has) that's nothing compared to what it's going to do for the next crash / bail-out.

Responsible stewardship of the debt would have been to pay it down while the economy was strong. That's the only time during the boom/bust cycle during which the debt can be paid down. Giving the revenue away in the form of a tax cut for the rich in the hopes that this would trickle down was as irresponsible as betting the rent money on a 'sure thing' at the horse track.

But the rich can't help themselves. They voted for any old Republican (Trump) because they really can't see beyond anything but the next rich tax cut. Who cares what it does to the nation?

[PostmodernProphet]

good news for Demmycrats......Bernie has promised that as soon as he's elected he reversing the tax cuts......I guess that means you'll all get money back, right?.....

[Sailor]

No fallacy, reality (https://wallethub.com/edu/states-mos...vernment/2700/), and why should they pay more for some red states to give away more "free state"

Democrats should always pay more. They demand more free shit. Free shit is not free. Pay up.

[Gonzomin]

Democrats should always pay more. They demand more free shit. Free shit is not free. Pay up.

Free shit goes to the top, not the poor. Those who have the most keep getting breaks from Republican governance.
Rightys have been convinced the poor are looting them, but the money in America just keeps moving on up, to the wealthy.Diversion never fails to work on the right. That is why the Reds have never felt the need to change their tactics. The old "look at that shiny object" works as a charm with them.

[Sailor]

Free shit goes to the top, not the poor. Those who have the most keep getting breaks from Republican governance.
Rightys have been convinced the poor are looting them, but the money in America just keeps moving on up, to the wealthy.Diversion never fails to work on the right. That is why the Reds have never felt the need to change their tactics. The old "look at that shiny object" works as a charm with them.

Yawn. Get a damn job. Do something with your life. Stop blaming everyone else for your failures.

[evince]

Free shit goes to the top, not the poor. Those who have the most keep getting breaks from Republican governance.
Rightys have been convinced the poor are looting them, but the money in America just keeps moving on up, to the wealthy.Diversion never fails to work on the right. That is why the Reds have never felt the need to change their tactics. The old "look at that shiny object" works as a charm with them.

the 47% robmoney talked of


the working class mean nothing to the republicans


they are sooo fucking evil they think SS going to a person who WORKED for decades is useless


they feel those people should just work until they drop dead

[CFM]

the 47% robmoney talked of


the working class mean nothing to the republicans


they are sooo fucking evil they think SS going to a person who WORKED for decades is useless


they feel those people should just work until they drop dead

If you think the government should provide you with things you should be providing yourself, you're not working class. You're freeloading class.

When it comes to SS, when those that put in at a 4x greater proportion start getting out at a 4x greater distribution, get back to me.

[Callinectes]

Not sure what this is all about, but you are NOT doing great financially due to the tax giveaway to billionaires.

Why am I doing great? I mean, I could always use more $, but that depends on me getting off my lazy ass and being more productive. Something I'm not willing to do since I'm retiring in a couple years. I'm comfortable, and have been for many years, but I have taken home $1000 more a year since Trump cut taxes. And I got that $1000 in the form of the first tax return over $50 that I have received in 15 years! Wow! What a coincidence! And if you're "not sure what this is all about", stop coveting thy rich neighbor's goods, and start asking your politicians what they'll do to make things better off for yourself and your country

[Althea]

Why am I doing great? I mean, I could always use more $, but that depends on me getting off my lazy ass and being more productive. Something I'm not willing to do since I'm retiring in a couple years. I'm comfortable, and have been for many years, but I have taken home $1000 more a year since Trump cut taxes. And I got that $1000 in the form of the first tax return over $50 that I have received in 15 years! Wow! What a coincidence! And if you're "not sure what this is all about", stop coveting thy rich neighbor's goods, and start asking your politicians what they'll do to make things better off for yourself and your country

$20/week in tax cut. My, how you exaggerated in your first post. What did billionaires/corporations save?

[signalmankenneth]

Trump Gave Americans a Massive Tax Cut. Few Are Noticing — And That's a Problem for Him

Republicans passed a sweeping tax cut for two-thirds of Americans in 2017, saying it would pay for itself and the American public would thank them.

Now, as Americans finish filing to the IRS for the first time under the new system, the law has swelled the deficit and surveys show just one-fifth of taxpayers believe their taxes have gone down. That’s made it hard for President Donald Trump to leverage the tax cuts as an issue in 2020, when he’s up for reelection and his party will be seeking to retake the House of Representatives.

“The Democrats really outmaneuvered the Republicans by convincing the American people that the main thrust of the tax reform package was to cut taxes for the wealthy,” said Dan Eberhart, a major Republican donor who runs the drilling services company Canary, LLC. Republicans “failed to fully explain the success to voters.”

https://time.com/5570679/trump-tax-cuts/

[Truth Detector]

"Donald Trump’s signature legislative achievement was the corporate-tax cut he signed in 2017. Republicans said it would grow the economy by up to 6 percent, stimulate business investment, and pay for itself."

"None of those promises have come to pass. GDP growth has declined to less than 2 percent according to the latest report, released yesterday. Business investment has now declined for two straight quarters, dragging down economic growth. And the federal deficit exceeds $1 trillion."

https://www.theatlantic.com/ideas/ar...O_xLmHIIKaI5RM

How many times will the right fall for the supply side Laffer curve nonsense? Just a lot of "voodoo economics" promoted by a few to enrich the even fewer. Trump knew exactly what he was doing the night his tax cut passed when he told his supporters gathered at Mar-a-Lago that "you all got a lot richer"

And the crime of it is that Trump added trillions to the National Debt in the midst of a progressing economy that future generations will pay

That must be why the labor participation rate is climbing, we have a five decades low unemployment rate and the stock market is hitting new records today and Friday.

[Truth Detector]

Because poor decisions were made elsewhere, specifically the trade war and tariffs, that harmed the economy doesn’t mean the tax cuts were bad policy or were not effective.

How is confronting unfair trade practices poor decision making? You think doing NOTHING is a better track?

[Truth Detector]

Can the "easy to win" trade war explain the less than two percent growth? The only thing seemingly keeping some economic indicators up is consumer spending, and how long is that going to continue if circumstances continue to remain stagnant?

Point being it is pretty hard to find results for Trump's tax cut especially in the realm of what he promised

Your point is farcical; everyone is seeing more in their paychecks. That is ALWAYS a good thing. Government revenue isn't going down; but up. That is good for the Government.

The only thing that this is bad for is the Democratic Party of the Jackass that is promising a Venezuelan economy if they get into power. No one wants that. That is why the PHONY media and Party of the Jackass have to lie, smear and impeach.