It's Official: Trump Tax Cuts Are Boosting Growth And Mostly Paying For Themselves

Discussion in 'Budget & Taxes' started by MolonLabe2009, Apr 11, 2018.

  1. Lesh

    Lesh Banned

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    That's your response to THIS?


    Because the economy was doing so well in 2008?

    Um...the only way you could possibly believe that is if you were 10 years old in 2008 and haven't read anything but right wing blogs since

    A. Address actual posts if you want to be taken seriously

    B. The economy is basically unchanged from the last two years of Obama's...(possibly slightly worse) and yet all of a sudden it's great in your eyes.


    Oh...
     
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  2. Lesh

    Lesh Banned

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    I actually agree, The EC is not outdated. In fact it is necessary in order to give less populous states a voice. Not doing so would be a disaster.

    The problem is that the system was abused (mostly by Russia but with willing acceptance at least...by the GOP).

    And gerrymandering needs to be dealt with
     
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  3. Marine1

    Marine1 Well-Known Member Past Donor

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    I think you know I was talking of 2018.
     
  4. Marine1

    Marine1 Well-Known Member Past Donor

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    Russia. Russia has been interfering in elections for years, not only ours, but other countries. I doubt very much it's had a big impact on any election. Some of the crap pulled by the Democratic Party has had more. It wasn't Russia that back stabbed Bernie Sanders. Or fed Hillary the questions to the first debate. Used the IRS to audit Conservative groups that asked for tax exemption. Used the Attorney General and FBI to get charges dropped against Hillary so she could even run for President. Paid 12 million dollars for a fake dossier to use against Trump.
     
  5. GraspingforPeace

    GraspingforPeace Well-Known Member

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    And you seem to be dancing and skipping around answering a very specific question by just repeating your blaming of Democrats. I haven't made ONE claim about anything, and yet here you are trying to put words in my mouth. Why don't you just answer the question: What did the GOP do after the 2000s recession that wasn't tried after the 2008/2009 crash?

    A secondary question that you still haven't responded to: Why haven't you been able to admit the difference in magnitude between the two recessions?
     
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  6. Marine1

    Marine1 Well-Known Member Past Donor

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    Lets say he only lost those 5 million votes to one county. L.A. County alone has over 8 million voters. Most of the rest of the nation voted Red. Even several big states that have voted Blue for years.


    [​IMG]
     
  7. Bluesguy

    Bluesguy Well-Known Member Donor

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    I have answered you in detail you apparent just reject the answers and offer not rebuttal to them.
     
  8. Bluesguy

    Bluesguy Well-Known Member Donor

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    The facts are the Democrats took the Congress a year before the recession began, you have offered no proof the Republicans "caused" the recessions either one o them. The recession at the end of Bush's term, that year after the Democrats took the congress, was as deep as it was and as long as it was as a result in part to the lack of policies to mitigate the effects at the start and then the failed demand side policies they did try.

    But of course you want to ignore that and just blame it on Republicans who were out of power.

    And the Republicans never refused to work with Obama and the Democrats
     
    Last edited: Apr 24, 2018
  9. JakeStarkey

    JakeStarkey Well-Known Member

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    So, even if that were true, it means nothing to the argument. What Trump one was a tainted victory with an awful lot of empty space.
     
  10. JakeStarkey

    JakeStarkey Well-Known Member

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    The conditions for recession were created by the GOP from 1994 to 2006, and the Dems had not the time and Bush not the will or interest, and the GOP did not care one way or another to pass the necessary legislation that may have mitigated its effects.
     
    Last edited: Apr 24, 2018
  11. Bluesguy

    Bluesguy Well-Known Member Donor

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    Do explain why you are now so concerned about deficits when you supported to Democrats taking the Republican 2007 $161B to $1,400B in just two years and kept it over $1,000B for the next 3 years and their failed stimulus which saw unemployment blow past their promised 8% peak to 10% and stay above 9% for the next three. Why do you oppose the Republicans plans which produced full employment with average LFPR soaring tax revenues and balanced budgets or measly ones at the least.
     
  12. mamooth

    mamooth Well-Known Member Past Donor

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    Last edited: Apr 24, 2018
  13. rahl

    rahl Banned

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    entirely outdated.
    every other elected position is based on a popular vote. The president should be no different.
    All things are equal. This is the 1780's anymore. We have instant access to information.
    how?
    STATES shouldn't have a say. PEOPLE should.
    .
    More people live there, that's how it's fair. Having an entire state that has the population of some major cities having a greater voice than the majority runs counter to what this country stands for.
     
  14. rahl

    rahl Banned

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    yes, we get it. trump won a whole lot more empty space. The actual voters, chose someone else.
     
  15. Grokmaster

    Grokmaster Well-Known Member Past Donor

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    Hardly. Trump won 4 of the 7 states with 10,000,000 or more people as well. Illegals voting in California =/= "actual voters".
     
  16. Marine1

    Marine1 Well-Known Member Past Donor

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    Well if you look at states such as Ohio, Penn, Mich, Ill, Virgin, there are only a few counties that voted Blue and those aren't empty states with just a few big cities. Most of them were Blue states. You Libs just can't except the fact that most of the country didn't want Hillary or Democrats.
     
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  17. rahl

    rahl Banned

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    demonstrable reality.
    more people voted for Clinton, than for trump.
    .
    prove Clinton won because illegals voted.
     
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  18. Grokmaster

    Grokmaster Well-Known Member Past Donor

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    Whose policies caused the mortgage crisis = the economelt?
     
  19. rahl

    rahl Banned

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    yes, more wide open empty space was for trump. The American voters, chose Clinton.
     
  20. Iriemon

    Iriemon Well-Known Member Past Donor

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    Well, let's review.

    George "Mr. Ownership Society" Bush was president, and the "business can regulate itself" Republicans controlled both the House and the Senate and the Administration during the entire time housing prices skyrocketed to their absurd bubble levels and then started tanking. The Democrats were a minority party during this entire time without the power to pass a law on chewing gum.

    But let me predict your answer: It's the Democrats fault.
     
    Last edited: Apr 24, 2018
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  21. US Conservative

    US Conservative Well-Known Member Past Donor

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    Yup, Trump got enough democrats votes to secure victory.
     
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  22. Grokmaster

    Grokmaster Well-Known Member Past Donor

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    Wrong. The CRA(Clinton), forcing banks to take on high risk loans or face Federal prosecutions for "racial bias" , plus Bill Clinton rescinding the executive order banning investment houses from trading in mortgage securities,as well as the executive order requiring a 3 year waiting period for former administration members taking jobs in the industries they regulated,( his adm.FLOODED the financial sector, immediately after leaving his employ) and the asinine move of putting the taxpayers on the hook for more than half of the nation's mortgages, and nearly ALL of the sub-prime ones, via the GSE's . Every time the Bush Adm. sought to reel in Fanny and Freddie, they were accused of "RACISM"....

    The ingredients that caused the mortgage collapse, and subsequent economelt, were ALL OUT IN THE MIX BY THE DEMOCRATS...who then, naturally, BLMED BUSH.
     
  23. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    To lose, and she did that quite badly.
     
  24. rahl

    rahl Banned

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    no, she won the election. She lost the presidency, because the EC selected trump.
     
  25. Iriemon

    Iriemon Well-Known Member Past Donor

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    You're wrong again. It's not a "fact" at all. It's your deceived belief.

    The RW propaganda is strong with this one.

    From the Treasury Department, the source of your debt figures:

    Monthly Treasury Statement

    These files contain the monthly receipts/outlays and deficit/surplus of the United States published in Table 1 of the Monthly Treasury Statement, for fiscal years 1981-2014. The figures reflect backdated adjustments and may be amended (monthly) based on agency reporting.

    http://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/current.htm

    Here's the data for FY2000:

    Period - Receipts - Outlays - Deficit/Surplus(-)
    Oct-99 121,035 r147,361 r26,326
    Nov-99 121,375 r148,406 27,031
    Dec-99 201,196 168,114 -33,081
    Jan-00 189,478 127,326 -62,152
    Feb-00 108,675 150,409 41,734
    Mar-00 135,582 170,962 35,380
    Apr-00 r295,151 r135,653 -159,497
    May-00 146,002 149,612 3,611
    Jun-00 214,875 r158,986 -55,888
    Jul-00 134,074 r129,013 -5,061
    Aug-00 138,128 148,555 10,427
    Sep-00 r219,490 r153,743 -65,747

    Cumulative for 12 months ending Sep (FY2000): -$236.917 billion (Surplus)

    I don't find the revenue & expenses numbers over FY2000 match the numbers you provided me.



    Here is your source, US Treasury Department, Monthly Treasury Statement (MTS) for Sept 30, 2000, summarizing the budget, receipts, outlays, surplus or deficit for FY2000:

    http://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mts0900.pdf

    Front page:
    [​IMG]

    Page 2:
    [​IMG]

    Page 3:
    [​IMG]

    Page 5:
    [​IMG]

    Summary:

    "On budget" receipts: $1.544 trillion
    "On budget" outlays": $1.457 trillion
    On-budget surplus: $87.175 billion.

    Total receipts: $ 2.025 trillion
    Total outlays: $1.827 trillion
    Total surplus: $237 billion
     
    Last edited: Apr 24, 2018
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