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

I want you to remember that. When millions of new good paying jobs are created by all these manufacturing jobs coming back and people quitting their hamburger flipping jobs that Obama created and start making some real money and millions of others come off the welfare list, remember that not one Democrat voted for those tax cuts. Remember they said it would hurt the middle class and poor. That it was just crumbs off the table. Yes, the Republicans own it and it's the best thing to happen for the poor and middle class in decades. We own it, you don't.

 

Congress making it rain.

 

demonstrably, historically factually correct.

tax cuts do not increase revenue. It is a mathematical impossibility. The gains you are speaking of were a result of the Tech boom and the housing boom.

 

Well, that's the bad news.

The Senate Republicans are gutless bastards. The "Good News" is there are more ways to escape Obamacare.

The Trump administration will give people more ways to avoid paying Obamacare’s penalty for not having insurance, including if the person cannot buy an affordable plan that doesn’t cover abortions.

The Centers for Medicare and Medicaid Services on Monday expanded the list of hardship exemptions for the individual mandate, which requires everyone to have health insurance. CMS said people who live in a county that has only one Obamacare insurer can receive an exemption from the penalty. It also lets people avoid the fine if the only affordable plans available on the law’s exchanges cover abortion​

 

Letting working Americans keep more of their earnings is always a good thing to do.

 

I don't ad hom. Yes, the GOP caused the Recession, as you well know.

 

Yes, your statement is factually false. What legislation did the Dem Congress pass that Bush could not veto?

 

“How Paul Ryan Went From Young Gun To Gone:”

It’s easy to forget how Paul Ryan was vilified by the media. For a politician with so few marks against him – the worst thing one could say was that he suggested staffers read Ayn Rand – Ryan was treated incredibly unfairly in 2012 as a vice presidential candidate, with no moment greater than when his policies were described inaccurately by Martha Raddatz in a terribly run debate with no question was even asked about his signature Medicare reform policies.

Ryan’s response to this trend was to grow frustrated, and irritated, but also to carefully and politely explain his policy perspective in more detail, to try and convince his interviewers, to build momentum for the type of Republican Party he thought the nation needed. Donald Trump’s response to this was to punch the media in the face, repeatedly. The voters let us know which response they prefer.

When one of the most milquetoast Republican members of Congress is subjected to this sort of treatment…



…is it any wonder why GOP voters prefer someone who pushes back hard?

 

You are claiming this is a false statement?

The Democrats took the Congress January of 2007.

 

No I don't know that and neither do you. How did they cause a recession that started a year after they lost the Congress to the Democrats?

 

Well let’s just say this business owener is pissed because our numbers are pushing a 30% increase this year and I’m working my ass off. No matter how much you and the dems spout tax cuts don’t work GDP doesn’t grow blah blah all you have to do is look at the data coming in. You guys and the CBO said 3% wasn’t possible it was going to be 2%. Shocker I know you were dead wrong, in the last 3 quarters it has grown at a 3% rate and it’s just starting to get going. For every 1% of GDP growth above projection you get 6 trillion in deficit reduction. If Congress will do they’re job and get these stupid wasteful budgets under control and immigration cost under control you will see this deficit drop like a rock.

 

we have to take care of the aged, podjos, that's who we are and if legislators fight that they eventually

go over the metaphorical cliff

forty to sixty GOP members are making that descent this fall

 

You keep asking the silly question that has been answered a 100 times for you.

So not ever do you get "just once more"

 

So the argument is the trump tax cuts are fine, it’s the trump budget that blows?? Lmao

 

So why not let them keep all of it?

 

Of course tax revenues "grow" after a break. People spend more money. The problem is that the spending is very short term. The long term ramifications of any tax cut is a loss in revenue. And we also have historical evidence from the Coolidge tax cuts all the way to the Reagan tax cuts that show that the the long term effects are very negative. In each case there was a change in either spending, or a later tax increase to cover the gaps.

Also, a larger factor in tax cuts is who the recipient of those tax cuts are. In this case, as was the case when Reagan first cut taxes, those at the top were the primary recipients of the breaks, and those at the bottom saw increases. There isn’t an honest economists in the world that doesn’t support that tax “cuts” are nothing but a shifting of the tax burden from one demographic to another.

You keep throwing out numbers from the deficits created by republicans in 2007 and how the “dems” destroyed them. You’ve been shown MULTIPLE times how your wrong, and that those numbers were created out of whole cloth Republican “math”.

You also claim that the dems and their “HUGE spending increases” are what drove the deficit (which you’ve been shown many times is false), so will you hold the republicans accountable for thier HUGE spending increase in the last budget ?

 

Why, how can depriving Washington of their rightful bounty can be a good thing? Everyone knows, Washington knows better how to spend your money!!

 

A trillion over ten years. That won't come close to Obama's ten trillion over 8 years.

 

No one has a problem taking care of the aged Jesus you guys and rhetoric. Do we have to spend millions and billions on things like saving wolves that are essentially animals version of terrorist or the spotted grasshopper or hyper speed rails or all the other stupid things these budgets entail. Do you really think after 60 years or so we’re not smart enough to come up with a better way to make the medishames and SS more solvent? Let’s call a spade a spade, Medicare, Medicaid and every other federal government entitlement program has almost as much fraud as there is payout. Why in the world are the dems the first to dig in the SS coffers and the last that will admit it needs to be fixed?

 

You clearly need to run for high office.

 

- your link -

So a 35% loss.

 

Yup!

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

 

The American ship of state has been flying the Jolly Roger for decades.

 

They invest more money too and engage on more economy activity and capital is formed to invest in new production and expansion and no it continues and we have repeated evidence the cuts are VERY good for the economy and employment and especially tax revenues.

No it doesn't and they are across the board and with each the lower income groups pay less and the higher income groups pay more.

I keep throwing out the historical facts which you nor anyone else can refute. The Gingrich/Kasich tax rate cuts helped to cause a slower tax revenue growth and GDP growth after Clinton increased taxes to get back on track and hit double digits. The Bush tax rate cuts, once they were accelerated and fully implelement helped get us out of the recession and into a full recovery with tax revenue growth hit 50% higher than the Gingrich/Kaisch bringing the deficit down to their paltry $161B.

Refute it. And not with your conjecture, with facts and data.

The Democrats BRAGGED ABOUT INCREASING SPENDING AND GROWING GOVERNMENT. Especially in 2009 when they bragged about cutting Bush out so he could not hold their spending increase down. And yes we need even more conservatives to start seriously cutting the growth of spending as Republicans have done in the past. Do I think Democrats would have lower deficits and lower spending, don't insult my intelligence. Surely you don't. That's why we need fewer of them.

 

Stop it, Robert. Obama did not get his own budget passed until the 7th year of his admin.

Bluesguy has had the republican cause of the crash explained to him a 100 times, does not like the narrative, so he does not get "just once more."