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Started By
Message
re: Cost of GOP tax plan could exceed $2 trillion
Posted on 12/18/17 at 1:01 pm to narddogg81
Posted on 12/18/17 at 1:01 pm to narddogg81
You talking deficits or spending?
You played yourself...
You played yourself...
2
Posted on 12/18/17 at 1:02 pm to Prince_Hakeem
quote:
I think conservatives are pretending to give a shite about deficits?
I care a lot about deficits. That's why I support abolishing all forms of welfare and cutting half the cabinets in govt. As a fellow deficit hawk are you with me?
Posted on 12/18/17 at 1:03 pm to Prince_Hakeem
quote:
Even accounting for economic growth, it predicts the bill would add to the deficit $1.5 trillion to $1.7 trillion - or 100 percent of the nation's GDP.
Lots of predictions went to shite already, mostly negative. Even if these come true 1.5 trillion is a drop in the bucket from the 10+ trillion we added over the last 8 years
Posted on 12/18/17 at 1:04 pm to gthog61
quote:
That is $2T over 10 years. With modest growth the us economy will have $300T in activity over those 10 years. The tax bill can easily generate more revenue than the alternative
Nobody is projecting any type of growth that comes close to paying for this bill. Furthermore, Trumps out there saying he thinks we can hit 7% growth. I mean come on people.
Posted on 12/18/17 at 1:04 pm to Prince_Hakeem
quote:
paying for this bill
Posted on 12/18/17 at 1:04 pm to Prince_Hakeem
Letting people keep more of their money doesn't "cost" anything
Posted on 12/18/17 at 1:05 pm to Prince_Hakeem
The press was laughing at 3%. They’ll laugh at everything and publish negative stories like usual, and all we can do it wait and see
I’m not saying we’ll have 7% btw, just more than you think and prob less than others think
I’m not saying we’ll have 7% btw, just more than you think and prob less than others think
This post was edited on 12/18/17 at 1:08 pm
Posted on 12/18/17 at 1:05 pm to Prince_Hakeem
quote:
Name me the president that didn’t have 10 trillion in spending?
Obama had 32.56 Trillion in spending...
Posted on 12/18/17 at 1:06 pm to wickowick
No it won't
/thread
/thread
Posted on 12/18/17 at 1:06 pm to Prince_Hakeem
Keep digging.
Posted on 12/18/17 at 1:06 pm to Prince_Hakeem
quote:
Name me the last president that didn’t have 10 trillion in spending?
George W Bush spent a heck of a lot as well. All of the other presidents in the history of this country didn't spend that much combined.
Posted on 12/18/17 at 1:12 pm to Prince_Hakeem
quote:
Nobody is projecting any type of growth that comes close to paying for this bill. Furthermore, Trumps out there saying he thinks we can hit 7% growth. I mean come on people.
If I bookmark this, will it hurt your feelings when I come back in a year or 6 and insult you cleverly for being wrong?
Posted on 12/18/17 at 1:20 pm to Prince_Hakeem
quote:
Cost of GOP tax plan could exceed $2 trillion by Prince_Hakeem
Why not tell the whole story... not the one that fit the agenda.
There is a "could" in that statement and it's also lacking a key detail... the about of time it COULD take to get to 2 trillion. Nearly a decade... meanwhile we saw 1.4 TRILLION added to the debt from Jan 2015 to Jan 2016.
You tell me how many things given a decades time that can change in U.S. policy and in world and national economy? Name the things that COULD change debt forecast over a decades time? Then get back to me on this tax cut and how that COULD increase the U.S. debt.
Meanwhile I'll sit over here with the majority of working America and enjoy the tax break and watch with anticipation as the corp tax cut put the Great U.S.A back in competition with investors both foreign and domestic.
Posted on 12/18/17 at 1:21 pm to Prince_Hakeem
2 trillion in the private sectors hands? Sounds good to me
Posted on 12/18/17 at 1:26 pm to Prince_Hakeem
Obama doubled the deficit in 8 years.
Elections have consequences.
Welcome back from your ban and goodbye for using an alter to avoid your ban.
Oh and it isn't your fricking money. I'm thrilled that rich and working folks get to keep their money from the leeches.
Entitlement cuts next.
Elections have consequences.
Welcome back from your ban and goodbye for using an alter to avoid your ban.
Oh and it isn't your fricking money. I'm thrilled that rich and working folks get to keep their money from the leeches.
Entitlement cuts next.
This post was edited on 12/18/17 at 1:28 pm
Posted on 12/18/17 at 1:27 pm to Prince_Hakeem
With 4% growth it could generate 250billion a year surpluses
Posted on 12/18/17 at 1:27 pm to Prince_Hakeem
quote:
Cost of GOP tax plan could exceed $2 trillion
2 questions:
1.) Will the federal government collect more tax revenue during the Trump administration than it ever has before?
2.) If the answer to #1 is yes, why should I be concerned about the revenue side of the issue? Our previous administration added 9 Trillion to the debt.
Posted on 12/18/17 at 1:28 pm to olddawg26
quote:
Are liberals pretending to give a shite about spending now?
What's really a riot is now that the Republicans/conservatives are back in power, suddenly, the federal deficit and the national debt aren't a big problem anymore. Funny thing is when the Republicans are OUT of power, the national debt is the number one issue they holler about. Typical hypocritical conservatives - do and say anything just to get elected.
Posted on 12/18/17 at 1:29 pm to moneyg
He’s suspended no need to answer that stupid liberal.
Bye Hakeem - liberal filth
Bye Hakeem - liberal filth
This post was edited on 12/18/17 at 1:30 pm
Posted on 12/18/17 at 1:30 pm to Prince_Hakeem
quote:
I never want to hear about an entitlement program again
I know...because it destroys your argument about spending and revenue.
Entitlements need to be cut to address the very issue you are pretending to be concerned about. Taxes are being cut to maintain the health of the economy. Both are needed to solve the problem.
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