MILLIONS will be hit with TAXES due to UNDERPAYING for 2018 TAX CUT (TOLD YAH!)

LV426 said:
Why not just look at actual total revenues?

You're the one who said that the Russia Tax Cut would generate all this economic activity that would result in more revenues. Only, more revenues weren't collected in 2018 vs. 2017, less were.

So you can try to jump to some random metric, but the baseline remains; the Russia Tax Cut reduced revenues, so it didn't pay for itself like you all said it would.
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https://www.investors.com/politics/editorials/trump-tax-cuts-federal-revenues-deficits/

Collections from INDIVIDUAL income tax payers were up 14 billion bucks from 2017(remember, not all of the returns have been filed yet, either!)I know, I know...they're lying

Okay, definitely my last response(to you at least)unless you want to serve me anymore of your weak shit
 
Callinectes Ocasio-Cortez said:
Collections from INDIVIDUAL income tax payers were up 14 billion bucks from 2017(remember, not all of the returns have been filed yet, either!)I know, I know...they're lying
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And once you factor that with inflation, you find a real decline.

Curious, what was the increase in individual tax revenue from 2016 vs. 2017?

For instance, was the increase in individual tax revenue greater from 2016 vs. 2017 or 2017 vs. 2018?

Show that growth in context.

Also, total federal revenues are lower in 2018 vs. 2017, and that's solely because of your Russia Tax Cut.

You promised it would generate all this increased economic activity that would result in more revenues.

But that didn't happen.
 
Callinectes Ocasio-Cortez said:
Okay, definitely my last response(to you at least)unless you want to serve me anymore of your weak shit
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It's funny how you keep avoiding using actual Treasury Statements like these.

You try to send me on some wild goose chase because you're not secure in your own argument.

So you say individual collections were up $14B from 2017. So how much were 2017 individual collections up from 2016? Do you have that information? What is the context?
 
Is it the same when Obama said we can keep our doctors or when he said our healthcare premiums would cost $2,500 less.
I haven’t seen my check yet. Going out to the mailbox now.
I thing it’s the same type of lie.

Let’s face it all these politicians come from the same mold.
 
LV426 said:
So you say...and that's great for you. But it's not just about you, and many more people saw their refunds decline or worse.

The promise was that the Russia Tax Cut would raise wages by $4K-$8K.
The promise was that the Russia Tax Cut would pay for itself by increased economic activity.
The promise was that the Russia Tax Cut would grow the market.
The promise was that the Russia Tax Cut wouldn't lead to record stock buybacks and miniscule employee bonuses.
The promise was that the Russia Tax Cut would stop outsourcing and offshoring.
The promise was that the Russia Tax Cut would reduce the deficit.

All broken promises. Now, Conservatives have shifted their argument from the above to simply "I (pretend) got mine, and you're just too stupid to realize raising your tax liability is a good thing".

Clearly, that should be your campaign message for 2020.
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Then they should pay attention to their withholding fool! The economy saw growth how could we not see revenue gain? Because people had less withheld!
 
LV426 said:
It's funny how you keep avoiding using actual Treasury Statements like these.

You try to send me on some wild goose chase because you're not secure in your own argument.

So you say individual collections were up $14B from 2017. So how much were 2017 individual collections up from 2016? Do you have that information? What is the context?
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It's funny that you think the government having less is a bad thing! Funny Tragic!
 
Is it possible the lost revenue is because of the tax cuts for businesses.
As a result of business tax cuts they are able to hire and provide higher wages.
It’s economically feasible for companies to stay in the US and hire your ass for a job.
Go to work and stop worrying about how much revenues the government is collecting. Has the government cut any of your welfare checks.
 
Tkaffen said:
Is it possible the lost revenue is because of the tax cuts for businesses.
As a result of business tax cuts they are able to hire and provide higher wages.
It’s economically feasible for companies to stay in the US and hire your ass for a job.
Go to work and stop worrying about how much revenues the government is collecting. Has the government cut any of your welfare checks.
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Whoa there, you think LV426 wants to work? :laugh:
 
What a dumbasa (dumb as a rock).
Go get a job.
After you find a job if your employer goes out of business or moves overseas than complain about the economy.

Trying being a business owner in NYS. Read up on the Labor Laws in NYS. Read about the amount of taxes businesses have to pay and the regulations imposed. Getting anything done through the government is a nightmare.
 
Tkaffen said:
What a dumbasa (dumb as a rock).
Go get a job.
After you find a job if your employer goes out of business or moves overseas than complain about the economy.

Trying being a business owner in NYS. Read up on the Labor Laws in NYS. Read about the amount of taxes businesses have to pay and the regulations imposed. Getting anything done through the government is a nightmare.
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You realize I was agreeing with you and speaking about LV426 not wanting a job!
 
LV426 said:
It's funny how you keep avoiding using actual Treasury Statements like these.

You try to send me on some wild goose chase because you're not secure in your own argument.

So you say individual collections were up $14B from 2017. So how much were 2017 individual collections up from 2016? Do you have that information? What is the context?
Click to expand...
LV426 said:
It's funny how you keep avoiding using actual Treasury Statements like these.

You try to send me on some wild goose chase because you're not secure in your own argument.

So you say individual collections were up $14B from 2017. So how much were 2017 individual collections up from 2016? Do you have that information? What is the context?
Click to expand...
Ah, thank you! I was looking for something like this(the IRS site is as useful as tits on a fish)Okay, and screw you for making me do math. I'm not concerned with 2016, What is the context? I don't know, you brought it up. So now it's your turn to do math. Add up all the receipts for FY17 and 18(do it twice)and let's compare answers. A couple questions though: 1) These reports are a little bereft of detail. Are these INDIVIDUAL income tax receipts, or total revenue? Doesn't matter too much to me actually. And 2) What units are these? Millions or billions?
 
Wolverine said:
Then they should pay attention to their withholding fool! The economy saw growth how could we not see revenue gain? Because people had less withheld!
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Again, the "you're too dumb to appreciate raising your tax liability" isn't exactly a winning campaign message.

Also, the economy didn't really grow that much, since 2018 revenues from economic activity were less than 2017.
 
Wolverine said:
It's funny that you think the government having less is a bad thing! Funny Tragic!
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You made an argument you now cannot support.

So what was the increase from 206 to 2017 vs. 2017 to 2018?

The increase in 2018 was less than 2017, wasn't it?

It's OK, you can be honest.
 
Callinectes Ocasio-Cortez said:
Ah, thank you! I was looking for something like this(the IRS site is as useful as tits on a fish)Okay, and screw you for making me do math.
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The Treasury statements show that less revenue was collected in 2018 than 2017.

So you lied when you said cutting taxes would generate economic activity that would result in increased revenues.

So since you lied about that, what else are you lying about?
 
Callinectes Ocasio-Cortez said:
So now it's your turn to do math. Add up all the receipts for FY17 and 18(do it twice)and let's compare answers
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As of now, Jan-Nov 2017 is $50B more than Jan-Nov 2018. Your Russia Tax Cut didn't start on the Fiscal Year, it started on the Calendar Year.

I had already posted this info before, right here.


1) These reports are a little bereft of detail.
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No they're not. Stop lying to cover for your sloppiness and gullibility.


Are these INDIVIDUAL income tax receipts, or total revenue?
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It says very plainly, total receipts collected.

And this gets back to why context and 2016 are important; you're trying to argue that individual revenues increased, but you don't place that increase in context because doing so shows the "increase" was smaller vs. previous years, doesn't it? That's why you don't "concern yourself" with 2016 data because showing individual receipt growth from 2016 to 2017 will be greater than 2017 to 2018.

It's OK to admit you got conned.


2) What units are these? Millions or billions?
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You're so sloppy and lazy that you can't even effectively discredit something without exposing your own functional illiteracy.

It's in billions, genius.

These are Treasury statements that show your shitty Russia Tax Cut resulted in lower revenues in 2018 than 2017.

Once December 2018 is reported later today, the $50B gap will inevitably widen.
 
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