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re: Trump's Economy Is Fantastic
Posted on 1/19/20 at 1:34 am to BurningHeart
Posted on 1/19/20 at 1:34 am to BurningHeart
I'm not following you.
You are saying we will raise more taxes now? But we are not.
We have a great economy now (didn't I admit that in my first post...you bet I did) but we also have a massive deficit!
I must be missing your point.
You are saying we will raise more taxes now? But we are not.
We have a great economy now (didn't I admit that in my first post...you bet I did) but we also have a massive deficit!
I must be missing your point.
Posted on 1/19/20 at 1:37 am to Eurocat
quote:
I'm not following you.
You are saying we will raise more taxes now? But we are not.
We have a great economy now (didn't I admit that in my first post...you bet I did) but we also have a massive deficit!
I must be missing your point.
Yes, the key point you're missing is that you don't tax your way to a balanced budget. That is how the uneducated populace thinks.
You cut taxes and regulations to increase the economy's output, which in turn provides multiples of tax streams in the forms of payroll, sales, etc... Oh and ETA: You certainly don't increase government spending by paying off student debt and offering free healthcare like it's a Fat Tuesday parade throw.
Learning can be fun!
This post was edited on 1/19/20 at 1:39 am
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