Sure both sides do it. That's why so so many powerful mega rich people are gunning for Trump. The owners of Google, Amazon, social and major media are in on it along with Wall Street the .01% that own 75% of our country. But unlike yourself I am not a socialist decrying capitalism because socialism doesn't work. I mean even neaveaux socialist philosophies are a failure just like progressive liberalism has proven to be. They are lovely in coffee shop banter but short in practicality. I want to embrace capitalism even more, drive it, fuel it like a herd of stampeding buffalo with tax breaks and perks and deregulation at both the federal and state levels but in a way that benefits the low, middle and upper middle classes by forcing the mega companies and wall street to rethink the moving of our manufacturing and telecom industries to the east. I want them to bring those jobs back. By putting the tools in place to be profitable via what I said above and if we get pushback? We break their will with Tariffs until they do I believe that could be Trumps plan. It's very doable. Wall Street still gets rich and our poverty and welfare rates plummet. I think it's a sound plan. It just needs someone with the balls and imagination in the oval office to do it
Yeah, Don's a real man of the people, he draned the swamp didn't he. https://www.propublica.org/article/...rules-let-lobbyist-help-run-agency-he-lobbied https://www.nytimes.com/2016/11/12/...s-now-theyre-on-his-transition-team.html?_r=0 http://time.com/donald-trump-drain-swamp/ https://www.washingtonpost.com/poli...7d93165c6d4_story.html?utm_term=.c6f6ade76246 https://www.wsj.com/articles/trump-...ry-lobbyist-to-hud-transition-team-1480453288 https://theintercept.com/2017/01/27/coal-doj-trump/ http://fortune.com/2016/11/16/trump-lobbyists-dc-establishment/ No one in america has any problem with socialism as long as it subsidizes the aristocracy.
I am not proposing a tax hike, I am simply suggesting we rollback the current tax cuts and replace it with one that reforms taxes better and actually isn't paid for with debt.
I notice that your post only focuses on you. We should only be looking at the impact on the average worker. And there is no way every worker is getting a $7,000 tax cut. The tax bill is $150 billion. Lets say about $50 billion are for the middle class and the rest are for the rich and businesses. We have about 150 million workers. So that is about $300 per worker. And that $150 wage increase has been happening since 2014 and has nothing to do with the Trump tax plan.
The biggest big factor in capital gains revenue is the state of the stock market. Also, you are leaving out the Obama years and income taxes.
You guys realize these cuts are only temporary and become increases after about ten years, right? Except for 1%, which you ain’t.
I think the fact that democrats would even consider a tax hike is remarkable. They would not have running into an election for much of the last 40 years. Something is changing.
The economy grew much faster in the 40's than now, capital gains taxes were higher in which period? Which is the danger of statistics. You have to control for many things which commonly are not controlled for.
Unless the contract for the money included that it has to be paid back we can't ask for our money back. Sorry. Lets just do some math on the tax cut. The tax cut is about 150 billion. If only 20% of the economy gets taxed it would take 750 billion of extra economic growth to get that money back. Do you have any evidence that this tax cut would make the economy grow by several times the tax cut?
I can't help but notice that the debt grows regardless of how much money they forcefully confiscate for my family. It doesn't seem to matter if there is a D or an R by their name. I did get a chuckle reading that are not proposing a tax hike while suggesting we roll back tax cuts in the same sentence. Very creative. Increased taxes did not reduce the debt. Reducing spending and broaden the tax base.
