US government records $160.3 billion April surplus

Why do you say that? It has been done before.

 

He’s claim would be true if the lowering of the rate would have a zero effect on business and individual’s behavior

 

Then, why do you state these numbers if you know they are total BS?

Here is what is realistic (I know it is probably hopeless to argue):

Total GDP: $19 trillion
Tax revenue: $3.6 trillion, 19% GDP

By all facts, the tax cuts have AT BEST increased GDP growth by 1%. That gives you $0.19 trillion in additional GDP
If you tax that by 19%, you get $36 billion in additional tax revenue.

However, you lose $180 billion by cutting taxes from 19% GDP to 18% GDP.

You see, in order for the tax cuts to pay for themselves, you need A LOT MORE than 1% GDP growth above baseline. In fact, in this scenario GDP growth would have to increase by 5% above baseline (7% growth, assuming 2% baseline) to break even. Good luck with that.

That's why we have NEVER (and will never) seen tax cuts paying for themselves. Conservatives who think they do just live in tooth fairy land, or hate math -- or peddle propaganda using ridiculous numbers, as you have done in your previous post.

 

I didn’t post any numbers...

 

The civilian noninstitutional population is the workforce, and the employment to workforce population is population

Quote; "Can you point to one economic Obama program which helped the economy?"

You have a good point, however, Obama's Jan 2006 - Dec 2006 average revenue per employed, adjusted to inflation, was minimum $700 higher than Trump's last 12 months average revenue per employed, thus, if the slogan is; "Grow the economy, and revenues will grow", then where are the needed revenues considering the fact, within 12 months after the full implementation of Clinton's/Bush's tax cuts, we had double digits revenue growth rates?

Correction; Never mind the "where", just tell me why?













grow the economy, then it

 

Forgot about your own post? You said 100 people paying 24 percent in taxes is better then 25 people paying 35 percent. Of course, those numbers are total BS, but you use them to peddle your "tax cuts pay for themselves" propaganda.

 

Ah sorry forgot about that. How is that bs? Wouldn’t that be more money?

 

It's BS because there is no way a measly tax cut can increase the tax base by a factor of 4.

If you want realistic numbers, I showed them in my above post. Of course, these numbers show that the tax cuts do not pay for themselves, that's why Trump and his fans want to avoid actual math by ANY means and rather peddle propaganda, like to OP.

 

After republicans caused the worst recession in 80 years.

 

Yes, with the official congressional voting record, which showed republicans directly cause the housing crisis and subsequent recession.

 

It appears logic isn’t your thing either.

It’s a demonstrable fact. The economy has been on the exact same unchanging upward trend since 2010. The data is perfectly clear.

 

Republican deregulation, and incompetence.

 

Yes, I’ve already proven these out of context YouTube videos to be nonsense. The official congressional voting record is perfectly clear. Republicans killed EVERY single attempt to regulate fanny and Freddie from 2001-2007

 

If we haven’t lost revenue, and actually gained then they have “paid for themselves” - not that I understand that since it was never the govts to begin with

 

Uh, math.

It is a mathematical impossibility, so it of course hasn’t never happened.

 

But we did lose revenue. Math.

 

"Receipts as a percent of GDP" is a fiscal indicator OMB has been using in their budget's Summary Tables......Past, Current and Projected receipts as a percent of GDP.

Thus, as a percent of GDP, do we currently have record revenues?

Answer; Absolutely not!, and 1% of 2018 Nominal GDP equates to $240 billion, thus, what's the difference between Clinton's 20% and Trump's 17%?

Answer; a highly significant difference

 

Revenue is up more today then it was last year. Money wasn’t lost revenue is up

 

I knew this was hopeless. Keep living in tax cutter's fairy land.

 

Nope. Math.

 

I’ll just go off the IRS. Maybe they are lying

 

You realize that your posts fall on deaf ears? You can't penetrate the ideological barriers people have set up around them.

 

It’s never hopeless, it’s always good to get some insight into the mindset of folks that want to pay more in taxes. With that said I seriously doubt you actually contributed more then required

 

I know how hard it is for righties to grasp basic concepts like math. But 20% of something will forever remain less than 25% of that same
Something.

 

So long as there are tax loopholes tax rates really don't matter.