cawacko
Well-known member
Out of compassion maybe the board can set up a gofundme account for you to take a basic finance and economics class for you. Maybe Georgia Tech offers extension courses and you can take it there
DJI has gone up nearly 2000 points in the last month
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Out of compassion maybe the board can set up a gofundme account for you to take a basic finance and economics class for you. Maybe Georgia Tech offers extension courses and you can take it there
According the the Treasury, tax revenues in 2018 are down from 2017. By Nov 2018, the last month reported revenues, were down almost $50 billion year over year.
https://www.fiscal.treasury.gov/files/reports-statements/mts/mts.pdf
It pays to check your facts.
The economy grows thanks to demand.
You aren't increasing demand by cutting taxes for the rich, while raising them for everyone else.
Also, the Russia Tax Cut was supposed to increase wages by $4,000-$9,000. That didn't happen.
Trickle-down economics is a scam.
Really? Where did you get that info?
Somebody should tell the Treasury, their numbers are wrong.
https://www.fiscal.treasury.gov/files/reports-statements/mts/mts.pdf
Holy shit.
WE FUCKING TOLD THEM THIS WOULD HAPPEN.
Same thing happened in 2001 when Bush cut taxes and the $256B surplus in 2000 was turned into four record deficits over Bush's two terms.
So tax cuts don't increase revenue, despite what the loonies say.
Right, but the part you leave out is that it replaced the itemized deductions that for many, surpassed the standard deduction you put in place.
Dunning-Kruger alert!
You bought into a con. You were made a mark. You are burning your own lifeboat.
cawacko
Well-known member
Nope. I went to school LV. I took these courses. You clearly didn’t
Cawacko and the Conservatives claimed that if we cut taxes for the rich, incomes would grow by $4,000-$9,000. THEY DIDN'T.
Cawacko and the Conservatives claimed that if we cut taxes for the rich, the tax cut would pay for itself. IT DIDN'T.
Cawacko and the Conservatives claimed that if we cut taxes for the rich, the market would grow. IT DIDN'T.
Cawacko and the Conservatives claimed that if we cut taxes for the rich, it would stop offshoring and outsourcing. IT DIDN'T.
Cawacko and the Conservatives claimed that if we cut taxes for the rich, businesses would invest and expand. THEY DIDN'T.
Cawacko and the Conservatives claimed that if we cut taxes for the rich, businesses would pay out more bonuses and benefits. THEY DIDN'T.
So where's the economics lesson? If anything, you're teaching us by example what not to do.
Trump University isn't a real school.
cawacko
Well-known member
Hell of dodge job, LV.
Oh you took economics classes did you? Did you pass those classes? What school of economic thought is it to make shit up and false claims? Trump University.
cawacko
Well-known member
No it’s not but USC is. Why don’t you share where you went to school kid
I didn't dodge anything.
I laid bare your economics.
Under-delivery on over-promises.
What school of economic thought taught you that cutting taxes would lead to all the things you predicted, but never came to pass?
The standard deduction doubled but the personal exemption disappeared.
No one should claim their deduction doubled because it clearly didn't. It was a shell game that the easily conned fell for.
Facts Matter ...
I went to Syracuse University for undergrad and the University of Chicago for graduate school. I know all about the Chicago School of Economics, because I fucking went there.
Sit. Down.
cawacko
Well-known member
Agreed, that’s why why he’s dodging the discussion.
cawacko
Well-known member
LOL. Oh shit, I just fell out of my seat