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Thread: Trump's Tax Reform

  1. #21

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    Quote Originally Posted by RichardCranium View Post
    Good. The government shouldn't be relying on "collections of individual and corporate income taxes" to prop up its deficit.

    Cut spending almost everywhere and get your shit together.
    Nobody's been seriously interested in cutting since Nixon. Once Reagan invented defense welfare spending that was history. The only choices that could actually happen are increase taxes or go ever deeper into debt.
    Hasta pronto, porque la vida no termina aqui...
    America, stop pushing. I know what I'm doing.

  2. #22
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    Quote Originally Posted by Latrinsorm View Post
    Nobody's been seriously interested in cutting since Nixon. Once Reagan invented defense welfare spending that was history.
    It was the cost of defeating the Russians, you sound like a communist.

    Quote Originally Posted by Latrinsorm View Post
    The only choices that could actually happen are increase taxes or go ever deeper into debt.


    The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane. ~ Marcus Aurelius
    “It's a beautiful thing, the destruction of words.”
    ― George Orwell, 1984

    “The urge to shout filthy words at the top of his voice was as strong as ever.”
    ― George Orwell, 1984

  3. #23

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    I think your GIF is missing a comma.

  4. #24
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    Quote Originally Posted by Latrinsorm View Post
    Nobody's been seriously interested in cutting since Nixon. Once Reagan invented defense welfare spending that was history. The only choices that could actually happen are increase taxes or go ever deeper into debt.
    I'm all for tax and spend, if done correctly.

  5. Default

    Is this what Trump supporters call winning?


    President Donald Trump touted the economic growth triggered by his tax cuts in a speech Thursday afternoon, pointing out the projected growth of gross domestic product (GDP) over the next 10 years had increased because of the plan.


    But 80 percent of the economic growth generated by the Republican tax cuts will eventually go abroad and benefit foreigners, according to a new report by the nonpartisan Congressional Budget Office.


    The report found significant differences between projected GDP, which measures the level of production in the U.S., and gross national product, which measures the income earned by all Americans. If the economic impact from GDP is higher than GNP, the difference between the two is income generated in the United States but going to foreigners. According to the CBO, on average 34 percent of income from the economic activity driven by the tax cuts is flowing out of the country, and in 2028, when the full effects of the tax cuts are in place, that number will increase to 80 percent.

  6. #26
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    Quote Originally Posted by Androidpk View Post
    Is this what Trump supporters call winning?


    President Donald Trump touted the economic growth triggered by his tax cuts in a speech Thursday afternoon, pointing out the projected growth of gross domestic product (GDP) over the next 10 years had increased because of the plan.


    But 80 percent of the economic growth generated by the Republican tax cuts will eventually go abroad and benefit foreigners, according to a new report by the nonpartisan Congressional Budget Office.


    The report found significant differences between projected GDP, which measures the level of production in the U.S., and gross national product, which measures the income earned by all Americans. If the economic impact from GDP is higher than GNP, the difference between the two is income generated in the United States but going to foreigners. According to the CBO, on average 34 percent of income from the economic activity driven by the tax cuts is flowing out of the country, and in 2028, when the full effects of the tax cuts are in place, that number will increase to 80 percent.
    I know this may be hard for you since you are probably on welfare, but people who actually work are getting more take home pay due to these cuts. Perhaps you might have a buddy that can show you what a paycheck looks like?

    The tax cuts have been very nice so far. Time4fun is evening using them to donate and benefit the ACLU!

    THANKS TRUMP!!

  7. #27

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    Quote Originally Posted by Androidpk View Post
    Is this what Trump supporters call winning?


    President Donald Trump touted the economic growth triggered by his tax cuts in a speech Thursday afternoon, pointing out the projected growth of gross domestic product (GDP) over the next 10 years had increased because of the plan.


    But 80 percent of the economic growth generated by the Republican tax cuts will eventually go abroad and benefit foreigners, according to a new report by the nonpartisan Congressional Budget Office.


    The report found significant differences between projected GDP, which measures the level of production in the U.S., and gross national product, which measures the income earned by all Americans. If the economic impact from GDP is higher than GNP, the difference between the two is income generated in the United States but going to foreigners. According to the CBO, on average 34 percent of income from the economic activity driven by the tax cuts is flowing out of the country, and in 2028, when the full effects of the tax cuts are in place, that number will increase to 80 percent.
    So much winning. I'm positively sick of it and looking forward to physically being sick from it as they kill all clean air regs and hire coal executives to run the EPA.

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    Quote Originally Posted by Fortybox View Post
    I know this may be hard for you since you are probably on welfare, but people who actually work are getting more take home pay due to these cuts. Perhaps you might have a buddy that can show you what a paycheck looks like?

    The tax cuts have been very nice so far. Time4fun is evening using them to donate and benefit the ACLU!

    THANKS TRUMP!!
    foolish troll, you have no power here

  9. #29
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    Quote Originally Posted by Androidpk View Post
    foolish troll, you have no power here

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    Quote Originally Posted by Androidpk View Post
    Is this what Trump supporters call winning?


    President Donald Trump touted the economic growth triggered by his tax cuts in a speech Thursday afternoon, pointing out the projected growth of gross domestic product (GDP) over the next 10 years had increased because of the plan.


    But 80 percent of the economic growth generated by the Republican tax cuts will eventually go abroad and benefit foreigners, according to a new report by the nonpartisan Congressional Budget Office.


    The report found significant differences between projected GDP, which measures the level of production in the U.S., and gross national product, which measures the income earned by all Americans. If the economic impact from GDP is higher than GNP, the difference between the two is income generated in the United States but going to foreigners. According to the CBO, on average 34 percent of income from the economic activity driven by the tax cuts is flowing out of the country, and in 2028, when the full effects of the tax cuts are in place, that number will increase to 80 percent.
    But but but no one cares about trade deficits, they are good for the country dontcha know,
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