- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Income Tax Revenues Are Up 9% This Year — Is Trump Tax Cut Paying For Itself?
Posted on 7/11/18 at 7:39 pm to GeauxxxTigers23
Posted on 7/11/18 at 7:39 pm to GeauxxxTigers23
quote:
If there is a revenue problem then I don't care about it. I care about the spending problem.
Fair enough
I think if we realistically addressed the revenue problem, a lot more people would actually care about fixing the spending one
This is a digression, though. We're off the subject of whether the tax cuts goose growth enough to offset what they lose via the lower rates
0
Posted on 7/11/18 at 7:40 pm to 90proofprofessional
quote:
This won't age wel
Based upon what evidence?
Posted on 7/11/18 at 7:42 pm to BBONDS25
quote:
Based upon what evidence?
Let's call it a hunch for now, Barry.
What's your take? Is the tax cut going to "pay for" itself?
Posted on 7/11/18 at 7:42 pm to 90proofprofessional
I underestimate the effect of having a historical record number of people working and paying taxes? Is that what you’re saying? Please be clear on that before I respond and absolutely destroy your ignorance
Posted on 7/11/18 at 7:43 pm to bmy
quote:
Its almost as if we are finally out of a recession
Slowest recovery in history. Thanks Obama. Dems out us in the recession with the housing bubble...obama stifled the recovery. It's amazing how resilient the economy can be when you don't have Barney frank and Barack obama setting regulations.
Posted on 7/11/18 at 7:45 pm to 90proofprofessional
quote:
Let's call it a hunch for now, Barry. What's your take? Is the tax cut going to "pay for" itself?
I don't think that is a good way to describe it. (I know those aren't your words). To require it to"pay for itself" necessitates an assumption that all wealth belongs to the government and what citizens are allowed to keep must be "paid for". I do not think the tax cut will increase the deficit. The deficit will grow....but t will not be due to the tax cut.
This post was edited on 7/11/18 at 7:46 pm
Posted on 7/11/18 at 7:45 pm to Rekrul
quote:
I underestimate the effect of having a historical record number of people working and paying taxes? Is that what you’re saying?
No you OVERerestimate the "the high paying manufacturing jobs returning to the US", both in magnitude and in significance. That's what I'm saying- that's why I quoted what I quoted in my response. So it would be clear. Which it was.
Posted on 7/11/18 at 7:46 pm to HempHead
quote:
But we don't, and we will never change so long as that remains the case.
that + happy willingness to blow up deficits even when we're not even in a recession ==> permanent revenue problem
Posted on 7/11/18 at 7:47 pm to wickowick
How many children had to die for these tax cuts???
Posted on 7/11/18 at 7:50 pm to BBONDS25
quote:
To require it to"pay for itself" necessitates an assumption that all wealth belongs to the government and what citizens are allowed to keep must be "paid for"
I don't think it requires that strong of an assumption. We changed the law, in a way that will cause the government to lose resources it otherwise would have had, and partially offset that loss via gains elsewhere through some faster growth. I think "pay for" is a reasonable shorthand for "offset reduced tax revenue". I put it in quotes because I know people are touchy about using that language for it
Posted on 7/11/18 at 7:50 pm to dcbl
Of course it is
Posted on 7/11/18 at 7:52 pm to dcbl
Is someone supposed to take an article seriously with a comment like:
We’re 7 months into the tax cuts, which any reasonable person should agree is a little early to declare winners.
quote:
Other Democratic big lies
We’re 7 months into the tax cuts, which any reasonable person should agree is a little early to declare winners.
Posted on 7/11/18 at 7:52 pm to Centinel
Let me repeat myself:
quote:
You cant have a revenue problem without a spending problem.
Posted on 7/11/18 at 7:53 pm to BBONDS25
quote:
evidence
LMAO. He said evidence.
Posted on 7/11/18 at 7:54 pm to 90proofprofessional
With all due respect 90 you’re just talking in circles and not making much sense
Posted on 7/11/18 at 7:54 pm to 90proofprofessional
quote:
This won't age well.
What does this even mean?
Posted on 7/11/18 at 7:54 pm to DEG
Every time there’s been a significant tax cut, there’s been huge revenue growth. It’s like you retards don’t understand that 100% of 0 is still 0
Posted on 7/11/18 at 7:55 pm to Centinel
quote:
Let me repeat myself:
I'll reiterate as well: we have both.
I'll also reiterate that IMO the most realistic way to attack the spending problem is by feeling the pain of actually paying for our shite
Posted on 7/11/18 at 7:56 pm to dcbl
Tax base not tax rates
Posted on 7/11/18 at 7:56 pm to Schmelly
quote:
Every time there’s been a significant tax cut, there’s been huge revenue growth. It’s like you retards don’t understand that 100% of 0 is still 0
K. Thanks for making my point for me.
Page 3 of 7
Popular
Back to top
Follow TigerDroppings for LSU Football News