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re: Senate GOP passes budget bill allowing them to pass Trump tax plan without any Dem votes
Posted on 10/20/17 at 11:48 am to udtiger
Posted on 10/20/17 at 11:48 am to udtiger
quote:
Regardless, reducing corporate tax rates (and making repatriation of money held overseas) is nothing but a flat out WIN for the economy AND the public fisc.
No, not a flat-out win. All objective analysis of the Trump/Republican tax plan say it will add at least $1.5 trillion to the national debt over ten years. That's anathema to fiscally responsible people, people who actually care about federal deficits and debt. Oh, but I forgot, you so-called "conservatives" only care about deficits and national debt when it's a Democratic President in the WH.
This post was edited on 10/20/17 at 11:49 am
Posted on 10/20/17 at 11:58 am to TigersFan64
quote:"all objective analysis" being ONE study by the tax policy center, a left wing think tank.
All objective analysis of the Trump/Republican tax plan say it will add at least $1.5 trillion to the national debt over ten years.
The politically incorrect truth man is that the middle class is already getting a really good deal in our current tax system.
![](https://files.taxfoundation.org/legacy/docs/Income%20Tax%20Progressivity-15.png)
Posted on 10/20/17 at 11:59 am to TigersFan64
Well....that's 7.5 trillion less than Obama added to the national debt in 8 years so at least it's an improvement
Posted on 10/20/17 at 11:09 pm to TigersFan64
quote:
All objective analysis of the Trump/Republican tax plan say it will add at least $1.5 trillion to the national debt over ten years
If you assume ZERO growth.
And, considering Obama added $10 trillion to the debt in 8 years, I don't have a problem with this even if true (which it is not)
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