Started By
Message

re: Income tax revenues UP 9%.....lol melt anti tax cut freaks

Posted on 9/17/18 at 10:56 am to
Posted by moneyg
Member since Jun 2006
56690 posts
Posted on 9/17/18 at 10:56 am to
quote:

pre-inflation? and with spending accelerating?



let's say post-inflation.

Spending doesn't justify more taxes. I think most agree we spend too much, and were already spending too much prior to the tax cut.

If tax revenue is flat with a tax cut, it is a home run. If revenue is up, it's so far past a home run, it's crazy to discuss.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 9/17/18 at 11:04 am to
quote:

let's say post-inflation.


overall revenues are down post-inflation. corp tax collections are down like 40%
quote:

Spending doesn't justify more taxes

govt spending is literally the reason we have taxes
quote:

I think most agree we spend too much, and were already spending too much prior to the tax cut.


so knowing this, we cut revenues anyway. then increased spending some more. we need to be reducing deficits when the economy is above trend
quote:

If tax revenue is flat with a tax cut, it is a home run. If revenue is up, it's so far past a home run, it's crazy to discuss.


taxes grow with a growing population & economy, as does spending

because of that, what you said isn't true in the way you say it. i'd say that if tax revenue is flat *relative to what it'd have been without the tax cut*, it is a home run
This post was edited on 9/17/18 at 11:05 am
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram