Fred S

[bbsam]

Every time tax cuts happened revenue increased. It's just a matter of controlling spending. You Dems see the extra revenue rolling in and two things happen. That extra money will get you votes, and some of that money magically disappears.

Revenue can increase without the increase offsetting the tax cut. That's where the simple math comes in.

 

[vantexan]

Revenue can increase without the increase offsetting the tax cut. That's where the simple math comes in.

If by revenue increasing you mean taxes are increased then you end up with the burden on business that stifles growth and job creation.

 

[bbsam]

I mean that if you cut taxes by $x billion and the resulting revenue increase is $(x-5) billion less then both can be true. There is increase in tax revenue but not to the level of the tax cut itself. Furthermore, with no change in spending, deficits increase.

 

[DriveInDriveOut]

Every time tax cuts happened revenue increased.

Revenue also increased without tax cuts. There is no control in this experiment, economics is all theory and you act like it is fact.

 

[vantexan]

Revenue also increased without tax cuts. There is no control in this experiment, economics is all theory and you act like it is fact.

Is supply and demand theory?

 

[DriveInDriveOut]

Is supply and demand theory?

Is that a relevant question?

 

[vantexan]

I mean that if you cut taxes by $x billion and the resulting revenue increase is $(x-5) billion less then both can be true. There is increase in tax revenue but not to the level of the tax cut itself. Furthermore, with no change in spending, deficits increase.

If the government was bringing in x amount in taxes, and x amount grew after the cut due to increased business activity, then the problem isn't the tax cut. It's the increased spending because gov't can't help itself around all that extra money coming in. Trump is trying to control it, and the swamp and their supporters are fighting that tooth and nail. From both parties.

 

[vantexan]

Is that a relevant question?

You said economics is all theory. There goes that theory.

 

[DriveInDriveOut]

Trump is trying to control it, and the swamp and their supporters are fighting that tooth and nail.

Ya everyone knows the best way to tackle the debt is to maybe do it later. Smh.

 

[DriveInDriveOut]

You said economics is all theory. There goes that theory.

Ttku

 

[vantexan]

Ya everyone knows the best way to tackle the debt is to maybe do it later. Smh.

When was it tackled in the last 8 year administration? Their answer was to inflate the currency by printing it.

 

[vantexan]

Ttku

Try to stay down.

 

[DriveInDriveOut]

When was it tackled in the last 8 year administration? Their answer was to inflate the currency by printing it.

Whataboutism.
If you have to stoop to using Obama to defend Trump you've already failed.

 

[vantexan]

Whataboutism.
If you have to stoop to using Obama to defend Trump you've already failed.

It's relevant because you act like your side has all the answers when in fact you have pie-in-the-sky theories. No way to run a country .

 

[DriveInDriveOut]

It's relevant

No it's not.

you act like your side has all the answers

No I don't.

pie-in-the-sky theories

That sums up well the Republican claims of gdp growth to cover these tax cuts.

 

[bacha29]

You guys already have your raise spent and you don't even know if you're going to get one. Now ask your self this question. Just exactly who runs the country? The president? LOL. It's the chairman of the Federal Reserve Reserve Board and the board last moth raised interest rates and the odds are that there will be 3 more increases coming this year in an effort to meet it's goal of keeping inflation in the inflation sweet spot of around 2%. Growing the economy enough to offset the revenue lost from tax cuts while keeping inflation in check will be a very small window to crawl through.With global geopolitical pressures mounting keeping borrowed money to a minimum might serve you well. The best friend you'll ever have during your lifetime is cash.

 

[vantexan]

You guys already have your raise spent and you don't even know if you're going to get one. Now ask your self this question. Just exactly who runs the country? The president? LOL. It's the chairman of the Federal Reserve Reserve Board and the board last moth raised interest rates and the odds are that there will be 3 more increases coming this year in an effort to meet it's goal of keeping inflation in the inflation sweet spot of around 2%. Growing the economy enough to offset the revenue lost from tax cuts while keeping inflation in check will be a very small window to crawl through.With global geopolitical pressures mounting keeping borrowed money to a minimum might serve you well. The best friend you'll ever have during your lifetime is cash.

Cash erodes in value over time.

 

[SmithBarney]

All CRRS step 7+ get topped out. Steps 5,6 get moved to 7. Steps 1-4 stay where they are.
All employees continue to get major shipping discounts.
All employees enjoys flight benefits from partner airlines...

Aren't you happy enough working for the company?

 

[JL 0513]

''There ain't no such thing as a free lunch''

Not sure how that pertains to my post but perhaps millions of people should stop demanding "free" lunches [from the government (tax payers)].

 

[JL 0513]

keep stealing money from the america people and giving it to corporations !

Corporation's/all businesses is the only reason you have money, or anything else in the first place.