MAGA MAN
Let's go Brandon!
The subject here is income tax.
when the bill comes due
- Thread starter Bulletbob
- Start date
The subject here is income tax.
common sense is dead
Into the Night
Verified User
If you make more than the deductions cover, you pay income tax. The standard deduction for a single worker is currently $12400.
Biden's bill was a great boon to the poor and middle class. I understand why reds hate it. They are voters for a ruling class.
LBJ said " If you can convince the lowest white man that he is better than the best colored man, you can pick his pocket. Hell if we give him someone to look down on, he will empty his pockets for you."
The reds here, like Text, are showing that.
LBJ said " If you can convince the lowest white man that he is better than the best colored man, you can pick his pocket. Hell if we give him someone to look down on, he will empty his pockets for you."
The reds here, like Text, are showing that.
floridafan
Verified User
No it didn't.
Two years into his first term, the economy entered into a recession and unemployment shot up to above 10%. It didn't get under control until Reagan RAISED TAXES in 1982/3.
His term ended with Black Monday and the S&L Scandal & subsequent taxpayer-funded bailout which was the largest bailout ever until TARP, which was needed to save the economy from another disastrous Republican President.
Trump never once topped Obama's best annual GDP growth.
The stock market grew at its slowest pace in ten years in the three years following the tax cut.
And you lost 20M jobs last year.
The economy never did better for Trump than it did for Obama, and a year after the tax cut, manufacturing plunged into a recession for all of 2019, and the rest of the economy followed in February 2020, before the COVID lockdowns.
This is a lie.
Trump never topped Obama's best annual GDP growth.
Trump left office with fewer jobs than he inherited.
Both Trump and Reagan left office amidst economic catastrophe: For Reagan, it was S&L's, for Trump, it was COVID.
Government got out of the way, and 500K people died.
Yeah, because federal debt isn't a problem, nor does it have anything to do with the economy.
Yes, on things like tax cuts which have nothing to show for the nearly $10T of them we've done the last 20 years.
The federal debt is just a scorecard of federal spending...if we have $20T of federal debt with nothing to show for it, then it's clear that the tax cuts were a gigantic mistake.
If we had 20T worth of debt, but HAD things to show for it, then you would have no real argument. But you made sure that we would have debt with nothing to show for it.
So many lies and so much disinformation.
Debt is not a big problem for the federal government because the only thing debt could possibly affect are borrowing rates, and we've had 10 years of record low borrowing rates with this debt.
Nothing you are saying is accurate. It's all bullshit.
No, that's the truth.
The DJIA is higher now than it ever was under Trump, and last month, Biden created 379,000 jobs, which is more than any singular month of Trump's Presidency, and is more jobs created than in all of 2020.
MAGA MAN
Let's go Brandon!
So those making less pay nothing. Yet get a "refund". What a fucking joke.
It's going to get very, very ugly.
Retail sales have crashed - a true indicator - while the stock market is now an outlying indicator; link please.
Taichiliberal
Shaken, not stirred!
Note, dear readers, the childish bluff and bluster response by Bobby that avoids the points I put forth. Typical of Trump Chumps when their lame propaganda doesn't stand up to scrutiny well.
Into the Night
Verified User
What refund?
Into the Night
Verified User
Agreed.
Into the Night
Verified User
He is under his usual mistaken impression that the stock market is the economy. He does the same thing assuming the government is the economy.
Into the Night
Verified User
Nah. He addressed what little point you had.
Taichiliberal
Shaken, not stirred!
Reality check:
https://www.thebalance.com/reaganomics-did-it-work-would-it-today-3305569
https://www.bbc.com/news/world-45827430
30 years of reaganomics resulted in a damned near 2nd depression under Reagan and the Bush family, with Clinton only providing a speed bump to Dump restarting the economic debacle.
Your last 2 sentences are a display of sheer ignorance regarding the country's economy.
Taichiliberal
Shaken, not stirred!
Explain to the reading audience precisely and in no uncertain terms how. No generalized opinions...a critical analysis please.
The Repubs have done this for decades. Perhaps the people finally understand. Almost all Dems said the reds would wave the phony flag of debt when we got in. Then they started after 50 days. They lie and lie. Trumpies buy and buy. This has been the red plan since the 1980s.