TRUMPONOMICS: Tax Revenues Up Big After GOP Tax Cut

Discussion in 'Current Events' started by Josephwalker, Apr 28, 2018.

  1. Josephwalker

    Josephwalker Banned

    Joined:
    Nov 25, 2016
    Messages:
    19,954
    Likes Received:
    10,174
    Trophy Points:
    113
    First you don't know math and now you don't know the difference between a democracy and a Democratic Republic. And some people still try to say our public schools are doing a good job.
     
    dbldrew likes this.
  2. rahl

    rahl Banned

    Joined:
    May 31, 2010
    Messages:
    62,508
    Likes Received:
    7,651
    Trophy Points:
    113
    well of course I will, as that is a demonstrably factual statement.

    actually we lost the white house because the EC selected trump. The American people chose Clinton.
     
  3. rahl

    rahl Banned

    Joined:
    May 31, 2010
    Messages:
    62,508
    Likes Received:
    7,651
    Trophy Points:
    113
    notice you couldn't actually contradict a single thing I said.

    And I don't know basic math? I've been pounding you over the head with it for 3 pages now. Lol
     
  4. MrTLegal

    MrTLegal Well-Known Member

    Joined:
    Feb 25, 2017
    Messages:
    41,095
    Likes Received:
    26,663
    Trophy Points:
    113
    Did you also love the Reagan tax increases the next six years?
     
  5. edthecynic

    edthecynic Well-Known Member

    Joined:
    Aug 1, 2014
    Messages:
    3,530
    Likes Received:
    1,025
    Trophy Points:
    113
    So $49.1 billion of that $50.5 billion increase was from revenue BEFORE Tramp tax cuts went into effect.
     
    Last edited: Apr 28, 2018
  6. MrTLegal

    MrTLegal Well-Known Member

    Joined:
    Feb 25, 2017
    Messages:
    41,095
    Likes Received:
    26,663
    Trophy Points:
    113
    Reagan raised taxes by the largest amount to date...
     
  7. MrTLegal

    MrTLegal Well-Known Member

    Joined:
    Feb 25, 2017
    Messages:
    41,095
    Likes Received:
    26,663
    Trophy Points:
    113
    Because it is a 1.5 trillion gift to the rich at precisely the time that the US government should be trying to prepare for the next recession.
     
  8. MrTLegal

    MrTLegal Well-Known Member

    Joined:
    Feb 25, 2017
    Messages:
    41,095
    Likes Received:
    26,663
    Trophy Points:
    113
    Reagonomics also involved one of the biggest tax increases to date.
     
  9. edthecynic

    edthecynic Well-Known Member

    Joined:
    Aug 1, 2014
    Messages:
    3,530
    Likes Received:
    1,025
    Trophy Points:
    113
    Not true, of course, the CBO actually said the first quarter of FISCAL 2018, Tramp's tax cuts didn't go into effect until Q2 of fiscal 2018 and produced a surplus of only $1.4 billion, (a 0.6% increase over same quarter last fiscal year), of the $50.5 billion surplus for FISCAL 2018.
     
    Last edited: Apr 28, 2018
  10. Louisiana75

    Louisiana75 Well-Known Member Past Donor

    Joined:
    Aug 8, 2011
    Messages:
    11,363
    Likes Received:
    11,580
    Trophy Points:
    113
    Gender:
    Female
    Well, Clintons people were all huddled together in certain areas. (hint: blue)
    [​IMG]
     
    Last edited: Apr 28, 2018
  11. rahl

    rahl Banned

    Joined:
    May 31, 2010
    Messages:
    62,508
    Likes Received:
    7,651
    Trophy Points:
    113
    yes, trump won the majority of wide open unpopulated space. He lost among actual voters though. By millions of votes.
     
    Saganist likes this.
  12. PARTIZAN1

    PARTIZAN1 Well-Known Member

    Joined:
    Dec 10, 2015
    Messages:
    46,848
    Likes Received:
    18,962
    Trophy Points:
    113
    Gender:
    Male
    You want to talk upswing talk change over time. Averages do not tell you much.
     
  13. Louisiana75

    Louisiana75 Well-Known Member Past Donor

    Joined:
    Aug 8, 2011
    Messages:
    11,363
    Likes Received:
    11,580
    Trophy Points:
    113
    Gender:
    Female
    So the red is all wide open unpopulated space? You should get out more.
     
  14. PARTIZAN1

    PARTIZAN1 Well-Known Member

    Joined:
    Dec 10, 2015
    Messages:
    46,848
    Likes Received:
    18,962
    Trophy Points:
    113
    Gender:
    Male
    Granted a 1.9 average growth rate is nothing to write home about but it is a growth not a contraction. For Trumpeizdas you are logic and math deficient a contraction is a minus firgure.
     
    rahl likes this.
  15. rahl

    rahl Banned

    Joined:
    May 31, 2010
    Messages:
    62,508
    Likes Received:
    7,651
    Trophy Points:
    113
    mostly.
     
  16. JakeStarkey

    JakeStarkey Well-Known Member

    Joined:
    Sep 4, 2016
    Messages:
    25,747
    Likes Received:
    9,526
    Trophy Points:
    113
    Americans are embarrassed for those saying GDP under Trump is higher than the last two years of Obama's term of office.

    Any who keep insisting that are laughed at.
     
  17. ronv

    ronv Well-Known Member

    Joined:
    Feb 5, 2018
    Messages:
    20,312
    Likes Received:
    8,774
    Trophy Points:
    113
    Gender:
    Male
    I'm still trying to figure out if the righties are this easily fooled or if they think the rest of us are.

    Using Feb. and March as a comparison (the only months the tax cuts effect) revenues are down 21.9 billion.
    The second thing you want us to forget is that without tax cuts revenue would have gone up, just like it almost always does, due to wage increases and population growth. The historical averge is about 4.5% and is supported by the following data.
    So by doing nothing revenue should have gone up 17.5 billion - but it did not. It went down 21.9 billion for a difference of 38.4 billion or 230 billion a year.
    upload_2018-4-28_11-52-23.png

    https://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/current.htm
     
    Saganist and T_K_Richards like this.
  18. Josephwalker

    Josephwalker Banned

    Joined:
    Nov 25, 2016
    Messages:
    19,954
    Likes Received:
    10,174
    Trophy Points:
    113
    Your basic math seems to be if a person flips burgers for eight years for minimum wage their economic position is in an upswng because they had zero wages before that. Excellent example of the liberal mindset.
     
  19. rahl

    rahl Banned

    Joined:
    May 31, 2010
    Messages:
    62,508
    Likes Received:
    7,651
    Trophy Points:
    113
    yes, working and earning a paycheck means you have more money than if you didn't work and earn a paycheck. You are starting to grasp basic concepts. When you've gotten those down, I will continue your schooling in more complex matters.
     
    Vernan89188, Saganist and ronv like this.
  20. Josephwalker

    Josephwalker Banned

    Joined:
    Nov 25, 2016
    Messages:
    19,954
    Likes Received:
    10,174
    Trophy Points:
    113
    Eight years of 1.9% average GDP is no change over time. It's stagnation.
     
  21. Lil Mike

    Lil Mike Well-Known Member

    Joined:
    Aug 4, 2011
    Messages:
    51,793
    Likes Received:
    23,068
    Trophy Points:
    113
    Wow. Quit while you're behind.
     
    Josephwalker likes this.
  22. rahl

    rahl Banned

    Joined:
    May 31, 2010
    Messages:
    62,508
    Likes Received:
    7,651
    Trophy Points:
    113
    are you another one who doesn't understand basic math?
     
  23. Lil Mike

    Lil Mike Well-Known Member

    Joined:
    Aug 4, 2011
    Messages:
    51,793
    Likes Received:
    23,068
    Trophy Points:
    113
    I understand what a steady upswing means. You apparently don't.
     
    Josephwalker likes this.
  24. rahl

    rahl Banned

    Joined:
    May 31, 2010
    Messages:
    62,508
    Likes Received:
    7,651
    Trophy Points:
    113
    then you understand that anything above 0, year over year, is a steady upswing right? It is not stagnate, or declining.
     
    Last edited: Apr 28, 2018
  25. rahl

    rahl Banned

    Joined:
    May 31, 2010
    Messages:
    62,508
    Likes Received:
    7,651
    Trophy Points:
    113
    mathematically incorrect.
     

Share This Page