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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
Posted by uway
Member since Sep 2004
33109 posts
Posted on 12/18/17 at 1:59 pm to
I don’t care.

Cut spending.
Posted by MontyFranklyn
T-Town
Member since Jan 2012
24293 posts
Posted on 12/18/17 at 2:00 pm to
quote:


I do not care.

I am tired of paying for wars and welfare.
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.
Posted by McLemore
Member since Dec 2003
34748 posts
Posted on 12/18/17 at 2:01 pm to
quote:

Prince_Hakeem


8-day-old alterbot hard at work.
Posted by LSURussian
Member since Feb 2005
133556 posts
Posted on 12/18/17 at 2:01 pm to
quote:

Cost of GOP tax plan could exceed $2 trillion
And it COULD be a lot less....
Posted by Taxing Tiger
Member since Mar 2013
647 posts
Posted on 12/18/17 at 2:04 pm to
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 by NikolaiJakov
Moscow
Member since Mar 2014
2803 posts
Posted on 12/18/17 at 2:05 pm to
$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.
Posted by airfernando
Member since Oct 2015
15248 posts
Posted on 12/18/17 at 2:05 pm to
quote:

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
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.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 12/18/17 at 2:06 pm to
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 by Captain Ron
Location: Ted's
Member since Dec 2012
4340 posts
Posted on 12/18/17 at 2:15 pm to
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 by NoHoTiger
So many to kill, so little time
Member since Nov 2006
46098 posts
Posted on 12/18/17 at 2:15 pm to
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 by crazyLSUstudent
391 miles away from Tiger Stadium
Member since Mar 2012
6043 posts
Posted on 12/18/17 at 2:21 pm to
They can't handle facts bruh
Posted by jptiger2009
Baton Rouge
Member since Feb 2009
10010 posts
Posted on 12/18/17 at 2:22 pm to
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...
Posted by keakar
Member since Jan 2017
30152 posts
Posted on 12/18/17 at 2:23 pm to
not true but even if it was its ok, obama put us $20 trillion in debt so........
Posted by crazyLSUstudent
391 miles away from Tiger Stadium
Member since Mar 2012
6043 posts
Posted on 12/18/17 at 2:24 pm to
Welcome to politics 101
Posted by Tigerlaff
FIGHTING out of the Carencro Sonic
Member since Jan 2010
22083 posts
Posted on 12/18/17 at 2:25 pm to
quote:

Cost of federal overspending could exceed $2 trillion under new tax landscape.


Fixed.
Posted by Roberteaux
mandeville
Member since Sep 2009
6208 posts
Posted on 12/18/17 at 2:26 pm to
the idea that taking in less tax revenue "costs" anything is ridiculous
Posted by moneyg
Member since Jun 2006
61974 posts
Posted on 12/18/17 at 2:27 pm to
quote:

I may ignorant on this issue


I agree with you here (except for the missing verb)
Posted by Tigerlaff
FIGHTING out of the Carencro Sonic
Member since Jan 2010
22083 posts
Posted on 12/18/17 at 2:28 pm to
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 by jptiger2009
Baton Rouge
Member since Feb 2009
10010 posts
Posted on 12/18/17 at 2:30 pm to
You mean linking verb
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
94746 posts
Posted on 12/18/17 at 2:36 pm to
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?
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