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Message
re: Cost of GOP tax plan could exceed $2 trillion
Posted on 12/18/17 at 1:59 pm to Prince_Hakeem
Posted on 12/18/17 at 1:59 pm to Prince_Hakeem
I don’t care.
Cut spending.
Cut spending.
Posted on 12/18/17 at 2:00 pm to I B Freeman
quote:I'd rather pay for welfare. I'd ultimately try to figure out ways to make people self sufficient and not need government financial assistance at all.
I do not care.
I am tired of paying for wars and welfare.
Posted on 12/18/17 at 2:01 pm to Prince_Hakeem
quote:
Prince_Hakeem
8-day-old alterbot hard at work.
Posted on 12/18/17 at 2:01 pm to Prince_Hakeem
quote:And it COULD be a lot less....
Cost of GOP tax plan could exceed $2 trillion
Posted on 12/18/17 at 2:04 pm to Prince_Hakeem
Who gives a shite. Stop stealing from the populous and start cutting spending. Liberals would rather tax and spend then cut taxes and reduce spending.
Posted on 12/18/17 at 2:05 pm to Prince_Hakeem
$200 billion a year for 10 years? Big deal.
Besides....Laffer Curve. It'll pay for itself by the 10 year mark.
And even if it doesn't, we should cut spending anyway.
Besides....Laffer Curve. It'll pay for itself by the 10 year mark.
And even if it doesn't, we should cut spending anyway.
Posted on 12/18/17 at 2:05 pm to narddogg81
quote:Incorrect. W's annual budget was about 2 Trillion when he started and about 3 Trillion when he finished. US certainly went over $10 Trillion under Clinton.
Name me the president that didn’t have 10 trillion in spending?
1 – George Washington, 1789-1797
2 – John Adams, 1797-1801, Federalist Party
3 – Thomas Jefferson, 1801-1809, Democratic-Republican
4 – James Madison, 1809-1817, Democratic-Republican
5 – James Monroe, 1817-1825, Democratic-Republican
6 – John Quincy Adams, 1825-1829, Democratic-Republican
7 – Andrew Jackson, 1829-1837, Democrat
8 – Martin Van Buren, 1837-1841, Democrat
9 – William Henry Harrison, 1841-1841(died In office), Whig
10 – John Tyler , 1841-1845, Whig
11 – James K. Polk, 1845-1849, Democrat
12 – Zachary Taylor, 1849-1850, Whig
13 – Millard Fillmore, 1850-1853, Whig
14 – Franklen Pierce, 1853-1857, Democrat
15 – James Buchanan, 1857-1861, Democrat
16 – Abraham Lincoln, 1861-1865, Republican
17 – Andrew Johnson, 1865-1869, Democrat/National Union
18 – Gen. Ulysses S. Grant, 1869-1877, Republican
19 – Rutherford B. Hayes, 1877-1881, Republican
20 – James A. Garfield, 1881(died in office), Republican
21 – Chester A. Arthur, 1881-1885, Republican
22 – Grover Cleveland, 1885-1889, Democrat
23 – Benjamin Harrison, 1889-1893, Republican
24 – Grover Cleveland, 1893-1897, Democrat
25 – William McKinley, 1897-1901, Republican
26 – Theodore Roosevelt, 1901-1909, Republican
27 – William Howard Taft, 1909-1913, Republican
28 – Woodrow Wilson, 1913-1921, Democrat
29 – Warren G. Harding, 1921-1923, Republican
30 – Calvin Coolidge, 1923-1929, Republican
31 – Herbert Hoover, 1929-1933, Republican
32 – Franklin D. Roosevelt, 1933-1945, Democrat
33 – Harry S. Truman, 1945-1953,Democrat
34 – Dwight D. Eisenhower, 1953-1961, Republican
35 – John F. Kennedy, 1961-1963, Democrat
36 – Lyndon B. Johnson, 1963-1969, Democrat
37 – Richard M. Nixon, 1969-1974, Republican
38 – Gerald R. Ford, 1974-1977, Republican
39 – Jimmy Carter, 1977-1981, Democrat
40 – Ronald Reagan, 1981-1989, Republican
41 – George Bush, 1989-1993, Republican
42 – Bill Clinton, 1993-2001, Democrat
43 – George W. Bush, 2001-2009, Republican
45 – Donald Trump, 2017 – Present, Republican
Posted on 12/18/17 at 2:06 pm to MontyFranklyn
quote:
I'd ultimately try to figure out ways to make people self sufficient and not need government financial assistance at all.
You might as well be searching for the pot of gold at the end of the rainbow.
Posted on 12/18/17 at 2:15 pm to Prince_Hakeem
quote:
Interesting you just ignore Obama was given a full fledged recession by a Republican Administration?
Due to a housing bubble crash created by Democrats.
Posted on 12/18/17 at 2:15 pm to Prince_Hakeem
quote:
if tax cuts that are temporary in the legislation are eventually made permanent,
Good. About time this works in this direction. Usually it's a "temporary" tax that stays permanent.
Posted on 12/18/17 at 2:21 pm to Prince_Hakeem
They can't handle facts bruh
Posted on 12/18/17 at 2:22 pm to TrueTiger
I may ignorant on this issue, but explain to me how lowering corporate taxes by 40% will lead to revenue?
Because there will be more to invest in the stock market?
My next question would be how much of those tax cuts will be invested? I'd guess 90%+.
So, essentially, it will provide artificial growth to our economy by realigning money.
Secondly, I see where a lot of people bring up entitlements. Where in this bill does any entitlement get cut?
Corporate America (essentially the 1%) gets 40% richer, the middle class gets thrown a bone, and taxes on the lower class is increased slightly.
Imagine if the middle class got a 40% tax cut...
Because there will be more to invest in the stock market?
My next question would be how much of those tax cuts will be invested? I'd guess 90%+.
So, essentially, it will provide artificial growth to our economy by realigning money.
Secondly, I see where a lot of people bring up entitlements. Where in this bill does any entitlement get cut?
Corporate America (essentially the 1%) gets 40% richer, the middle class gets thrown a bone, and taxes on the lower class is increased slightly.
Imagine if the middle class got a 40% tax cut...
Posted on 12/18/17 at 2:23 pm to Prince_Hakeem
not true but even if it was its ok, obama put us $20 trillion in debt so........
Posted on 12/18/17 at 2:24 pm to TigersFan64
Welcome to politics 101
Posted on 12/18/17 at 2:25 pm to Prince_Hakeem
quote:
Cost of federal overspending could exceed $2 trillion under new tax landscape.
Fixed.
Posted on 12/18/17 at 2:26 pm to Prince_Hakeem
the idea that taking in less tax revenue "costs" anything is ridiculous
Posted on 12/18/17 at 2:27 pm to jptiger2009
quote:
I may ignorant on this issue
I agree with you here (except for the missing verb)
Posted on 12/18/17 at 2:28 pm to MontyFranklyn
quote:
I'd rather pay for welfare. I'd ultimately try to figure out ways to make people self sufficient and not need government financial assistance at all.
We've been trying this for over 50 years. Not working (pun intended).
Posted on 12/18/17 at 2:36 pm to Prince_Hakeem
How much does all the spending "cost"?
Since any dollar not collected in taxes is somehow "costing" us, what about actual dollars spent on extra-Constitutional functions like education, housing and buying groceries for the citizenry?
Since any dollar not collected in taxes is somehow "costing" us, what about actual dollars spent on extra-Constitutional functions like education, housing and buying groceries for the citizenry?
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