Corporate Tax Revenue Came In 31% Below Predictions, And It's Getting Worse

[Harpy Eagle]

GOOD NEWS,,,

anytime a person or company gets to keep more of their own money and the government gets less is a good thing,,

And trump still added trillions to the debt. Money he doesnt have.

Again, each President has added to the debt, in that respect Trump is no different than any other President. Suck it up you lost!

Well he had was handed a great economy and managed to be one of the worst if not the worst. But you know what is the most in all of this ? The orange liar promised he will cut or even wipe the deficit ...you got an excuse for this one as well ?

I’m not making any excuses, every Presidential candidate talks about cutting the debt and none have. All promise they will, none have.

Again in this regard Trump is no different than any other President. Obama failed, Bush, failed, Clinton failed, Bush failed, Reagan failed, Carter failed, Ford failed, Nixon failed Johnson failed, Kennedy failed, Eisenhower failed, Truman failed, see a pattern?

If all promised to cut the debt and all have failed, Trump is no better or worse than all the others.

Pretty easy to see unless you are just a hater, which seems to be your pattern.

/---/ That's odd - since the power to cut or increase the debt lies solely with the Congress. All the president can do is make recommendations.

The president signs every budget or spending bill, approving the spending of that money


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[FA_Q2]

It is particularly dishonest to bitch about a single data point in tax revenue falling when overall tax receipts are up....

 

[Cellblock2429]

And trump still added trillions to the debt. Money he doesnt have.

Again, each President has added to the debt, in that respect Trump is no different than any other President. Suck it up you lost!

Well he had was handed a great economy and managed to be one of the worst if not the worst. But you know what is the most in all of this ? The orange liar promised he will cut or even wipe the deficit ...you got an excuse for this one as well ?

I’m not making any excuses, every Presidential candidate talks about cutting the debt and none have. All promise they will, none have.

Again in this regard Trump is no different than any other President. Obama failed, Bush, failed, Clinton failed, Bush failed, Reagan failed, Carter failed, Ford failed, Nixon failed Johnson failed, Kennedy failed, Eisenhower failed, Truman failed, see a pattern?

If all promised to cut the debt and all have failed, Trump is no better or worse than all the others.

Pretty easy to see unless you are just a hater, which seems to be your pattern.

/---/ That's odd - since the power to cut or increase the debt lies solely with the Congress. All the president can do is make recommendations.

The president signs every budget or spending bill, approving the spending of that money


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/——/ And if he doesn’t sign them even if it’s a bad budget, what does the LSM and democRATs scream? And don’t pretend you don’t know about the last shut down.

 

[Cellblock2429]

It is particularly dishonest to bitch about a single data point in tax revenue falling when overall tax receipts are up....

/——/ Can libtards debate any other way other than dishonestly?

 

[Harpy Eagle]

It is particularly dishonest to bitch about a single data point in tax revenue falling when overall tax receipts are up....

The first 12 months of the tax cuts revenue decreased


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[Cellblock2429]

It is particularly dishonest to bitch about a single data point in tax revenue falling when overall tax receipts are up....

The first 12 months of the tax cuts revenue decreased


Sent from my iPhone using USMessageBoard.com

It is particularly dishonest to bitch about a single data point in tax revenue falling when overall tax receipts are up....

The first 12 months of the tax cuts revenue decreased


Sent from my iPhone using USMessageBoard.com

/——/ Link?

 

[justoffal]

Federal tax payments by big businesses are falling much faster than anticipated in the wake of Republicans’ tax cuts, providing ammunition to Democrats who are calling for corporate tax increases.
The U.S. Treasury saw a 31 percent drop in corporate tax revenues last year, almost twice the decline official budget forecasters had predicted. Receipts were projected to rebound sharply this year, but so far they’ve only continued to fall, down by almost 9 percent or $11 billion.

Though business profits remain healthy and the economy is strong, total corporate taxes are at the lowest levels seen in more than 50 years.

Big businesses paying even less than expected under GOP tax law


But the frightening thing is that, despite all the sugar Trump and the Republicans have poured into the system, dark clouds continue to gather on the horizon. The economy looks set to slide into a recession with interest rates near record lows and corporations already basking in gifts even bigger than predicted. Any “stimulus” that happens to pull the U.S. out of this one, isn’t going to come through tax breaks for corporations. That well is already dry.

You can give back your family Guy diploma in economics dude. Of course corporate revenues are down thats the whole point you dooficated dumbtard! Revenues are going into job creation and So far this year the expanded payroll base has shown never before measured growth potential. You don't want corporate revenue... They means you're destroying jobs.

Jo

 

[Harpy Eagle]

It is particularly dishonest to bitch about a single data point in tax revenue falling when overall tax receipts are up....

The first 12 months of the tax cuts revenue decreased


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It is particularly dishonest to bitch about a single data point in tax revenue falling when overall tax receipts are up....

The first 12 months of the tax cuts revenue decreased


Sent from my iPhone using USMessageBoard.com

/——/ Link?

I have given the numbers 100 times on this forum, but will do so again when I get home.


Sent from my iPhone using USMessageBoard.com

 

[Papageorgio]

GOOD NEWS,,,

anytime a person or company gets to keep more of their own money and the government gets less is a good thing,,

And trump still added trillions to the debt. Money he doesnt have.

Again, each President has added to the debt, in that respect Trump is no different than any other President. Suck it up you lost!

Well he had was handed a great economy and managed to be one of the worst if not the worst. But you know what is the most in all of this ? The orange liar promised he will cut or even wipe the deficit ...you got an excuse for this one as well ?

I’m not making any excuses, every Presidential candidate talks about cutting the debt and none have. All promise they will, none have.

Again in this regard Trump is no different than any other President. Obama failed, Bush, failed, Clinton failed, Bush failed, Reagan failed, Carter failed, Ford failed, Nixon failed Johnson failed, Kennedy failed, Eisenhower failed, Truman failed, see a pattern?

If all promised to cut the debt and all have failed, Trump is no better or worse than all the others.

Pretty easy to see unless you are just a hater, which seems to be your pattern.

So, you are only making excuses for Trump's lies during the campaign; that is obvious.

Name the last President that didn't promise to reduce the debt? Name the last President that has reduced the debt from the time they were voted in until they left office?

I have lots of reasons to dislike Trump but in this case he is no different than any other President. If a President did actually reduce the debt, I'd be shocked, wouldn't you?

 

[Cellblock2429]

It is particularly dishonest to bitch about a single data point in tax revenue falling when overall tax receipts are up....

The first 12 months of the tax cuts revenue decreased


Sent from my iPhone using USMessageBoard.com

It is particularly dishonest to bitch about a single data point in tax revenue falling when overall tax receipts are up....

The first 12 months of the tax cuts revenue decreased


Sent from my iPhone using USMessageBoard.com

/——/ Link?

I have given the numbers 100 times on this forum, but will do so again when I get home.


Sent from my iPhone using USMessageBoard.com

/——/ Let me help. Scroll to the bottom of the article for year by year results
Who Really Pays Uncle Sam's Bills?

 

[caddo kid]

And trump still added trillions to the debt. Money he doesnt have.

Again, each President has added to the debt, in that respect Trump is no different than any other President. Suck it up you lost!

Well he had was handed a great economy and managed to be one of the worst if not the worst. But you know what is the most in all of this ? The orange liar promised he will cut or even wipe the deficit ...you got an excuse for this one as well ?

I’m not making any excuses, every Presidential candidate talks about cutting the debt and none have. All promise they will, none have.

Again in this regard Trump is no different than any other President. Obama failed, Bush, failed, Clinton failed, Bush failed, Reagan failed, Carter failed, Ford failed, Nixon failed Johnson failed, Kennedy failed, Eisenhower failed, Truman failed, see a pattern?

If all promised to cut the debt and all have failed, Trump is no better or worse than all the others.

Pretty easy to see unless you are just a hater, which seems to be your pattern.

So, you are only making excuses for Trump's lies during the campaign; that is obvious.

Name the last President that didn't promise to reduce the debt? Name the last President that has reduced the debt from the time they were voted in until they left office?

I have lots of reasons to dislike Trump but in this case he is no different than any other President. If a President did actually reduce the debt, I'd be shocked, wouldn't you?

I won't go back in time, and do a Google search to see what candidates did, or did not 'promise.'

During Clinton's second term there were at least three budgets that created no debt aka balanced budgets.

Reducing the deficit is something completely different, IMO.

 

[Papageorgio]

Again, each President has added to the debt, in that respect Trump is no different than any other President. Suck it up you lost!

Well he had was handed a great economy and managed to be one of the worst if not the worst. But you know what is the most in all of this ? The orange liar promised he will cut or even wipe the deficit ...you got an excuse for this one as well ?

I’m not making any excuses, every Presidential candidate talks about cutting the debt and none have. All promise they will, none have.

Again in this regard Trump is no different than any other President. Obama failed, Bush, failed, Clinton failed, Bush failed, Reagan failed, Carter failed, Ford failed, Nixon failed Johnson failed, Kennedy failed, Eisenhower failed, Truman failed, see a pattern?

If all promised to cut the debt and all have failed, Trump is no better or worse than all the others.

Pretty easy to see unless you are just a hater, which seems to be your pattern.

So, you are only making excuses for Trump's lies during the campaign; that is obvious.

Name the last President that didn't promise to reduce the debt? Name the last President that has reduced the debt from the time they were voted in until they left office?

I have lots of reasons to dislike Trump but in this case he is no different than any other President. If a President did actually reduce the debt, I'd be shocked, wouldn't you?

I won't go back in time, and do a Google search to see what candidates did, or did not 'promise.'

During Clinton's second term there were at least three budgets that created no debt aka balanced budgets.

Reducing the deficit is something completely different, IMO.

The US Debt went up during Clinton, so you failed. The debt rose to almost $1.4 trillion under Clinton. His best year was when it rose only by 18 billion in 2000. Coolidge was the last to actually have the debt go down. The rest all added to our debt woes.

Which President Increased U.S. Debt the Most?

 

[Harpy Eagle]

It is particularly dishonest to bitch about a single data point in tax revenue falling when overall tax receipts are up....

The first 12 months of the tax cuts revenue decreased


Sent from my iPhone using USMessageBoard.com

It is particularly dishonest to bitch about a single data point in tax revenue falling when overall tax receipts are up....

The first 12 months of the tax cuts revenue decreased


Sent from my iPhone using USMessageBoard.com

/——/ Link?

I have given the numbers 100 times on this forum, but will do so again when I get home.


Sent from my iPhone using USMessageBoard.com

/——/ Let me help. Scroll to the bottom of the article for year by year results
Who Really Pays Uncle Sam's Bills?

Your link deals with the FY, but the tax cut went into place at the start of the CY, so for the FY there were 3 months of revenue before the tax cuts kicked in.

Try this...google Monthly Treasury Statement and look at revenue for CY 2017 vs 2018.


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[Cellblock2429]

It is particularly dishonest to bitch about a single data point in tax revenue falling when overall tax receipts are up....

The first 12 months of the tax cuts revenue decreased


Sent from my iPhone using USMessageBoard.com

It is particularly dishonest to bitch about a single data point in tax revenue falling when overall tax receipts are up....

The first 12 months of the tax cuts revenue decreased


Sent from my iPhone using USMessageBoard.com

/——/ Link?

I have given the numbers 100 times on this forum, but will do so again when I get home.


Sent from my iPhone using USMessageBoard.com

/——/ Let me help. Scroll to the bottom of the article for year by year results
Who Really Pays Uncle Sam's Bills?

Your link deals with the FY, but the tax cut went into place at the start of the CY, so for the FY there were 3 months of revenue before the tax cuts kicked in.

Try this...google Monthly Treasury Statement and look at revenue for CY 2017 vs 2018.


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/——/ Even if you’re correct, who cares? Revenues are up now.

 

[BluesLegend]

Time to slash spending.

The OP's head just exploded. lol

Too bad for you Trump's annual spending has been the biggest in human history. lol

And now the dumbass has exacerbated the problem by lowering revenues for the first time since the Great Recession. In a supposedly booming economy.

It's takes a special kind of retard to achieve that.

Go ahead run on raising taxes so I can laugh in your face.

Why are you such a free loader?


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I pay more in taxes than you earn fool.

 

[caddo kid]

Well he had was handed a great economy and managed to be one of the worst if not the worst. But you know what is the most in all of this ? The orange liar promised he will cut or even wipe the deficit ...you got an excuse for this one as well ?

I’m not making any excuses, every Presidential candidate talks about cutting the debt and none have. All promise they will, none have.

Again in this regard Trump is no different than any other President. Obama failed, Bush, failed, Clinton failed, Bush failed, Reagan failed, Carter failed, Ford failed, Nixon failed Johnson failed, Kennedy failed, Eisenhower failed, Truman failed, see a pattern?

If all promised to cut the debt and all have failed, Trump is no better or worse than all the others.

Pretty easy to see unless you are just a hater, which seems to be your pattern.

So, you are only making excuses for Trump's lies during the campaign; that is obvious.

Name the last President that didn't promise to reduce the debt? Name the last President that has reduced the debt from the time they were voted in until they left office?

I have lots of reasons to dislike Trump but in this case he is no different than any other President. If a President did actually reduce the debt, I'd be shocked, wouldn't you?

I won't go back in time, and do a Google search to see what candidates did, or did not 'promise.'

During Clinton's second term there were at least three budgets that created no debt aka balanced budgets.

Reducing the deficit is something completely different, IMO.

The US Debt went up during Clinton, so you failed. The debt rose to almost $1.4 trillion under Clinton. His best year was when it rose only by 18 billion in 2000. Coolidge was the last to actually have the debt go down. The rest all added to our debt woes.

Which President Increased U.S. Debt the Most?

According to the CBO the the budget was in surplus from fiscal years 1998-2001.

 

[Papageorgio]

I’m not making any excuses, every Presidential candidate talks about cutting the debt and none have. All promise they will, none have.

Again in this regard Trump is no different than any other President. Obama failed, Bush, failed, Clinton failed, Bush failed, Reagan failed, Carter failed, Ford failed, Nixon failed Johnson failed, Kennedy failed, Eisenhower failed, Truman failed, see a pattern?

If all promised to cut the debt and all have failed, Trump is no better or worse than all the others.

Pretty easy to see unless you are just a hater, which seems to be your pattern.

So, you are only making excuses for Trump's lies during the campaign; that is obvious.

Name the last President that didn't promise to reduce the debt? Name the last President that has reduced the debt from the time they were voted in until they left office?

I have lots of reasons to dislike Trump but in this case he is no different than any other President. If a President did actually reduce the debt, I'd be shocked, wouldn't you?

I won't go back in time, and do a Google search to see what candidates did, or did not 'promise.'

During Clinton's second term there were at least three budgets that created no debt aka balanced budgets.

Reducing the deficit is something completely different, IMO.

The US Debt went up during Clinton, so you failed. The debt rose to almost $1.4 trillion under Clinton. His best year was when it rose only by 18 billion in 2000. Coolidge was the last to actually have the debt go down. The rest all added to our debt woes.

Which President Increased U.S. Debt the Most?

According to the CBO the the budget was in surplus from fiscal years 1998-2001.

The debt went from $4.4 trillion when Clinton entered office and was at 5.796 when he left office. That is an increase in the US debt, is it not?

Here it is year by year. See How the U.S. Debt Tripled Since 9/11

 

[Harpy Eagle]

Time to slash spending.

The OP's head just exploded. lol

Too bad for you Trump's annual spending has been the biggest in human history. lol

And now the dumbass has exacerbated the problem by lowering revenues for the first time since the Great Recession. In a supposedly booming economy.

It's takes a special kind of retard to achieve that.

Go ahead run on raising taxes so I can laugh in your face.

Why are you such a free loader?


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I pay more in taxes than you earn fool.

Oh look another internet millionaire...damn crazy how many there are on this forum.

You are a free loader because you support the deficit spending of our nation.


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[caddo kid]

So, you are only making excuses for Trump's lies during the campaign; that is obvious.

Name the last President that didn't promise to reduce the debt? Name the last President that has reduced the debt from the time they were voted in until they left office?

I have lots of reasons to dislike Trump but in this case he is no different than any other President. If a President did actually reduce the debt, I'd be shocked, wouldn't you?

I won't go back in time, and do a Google search to see what candidates did, or did not 'promise.'

During Clinton's second term there were at least three budgets that created no debt aka balanced budgets.

Reducing the deficit is something completely different, IMO.

The US Debt went up during Clinton, so you failed. The debt rose to almost $1.4 trillion under Clinton. His best year was when it rose only by 18 billion in 2000. Coolidge was the last to actually have the debt go down. The rest all added to our debt woes.

Which President Increased U.S. Debt the Most?

According to the CBO the the budget was in surplus from fiscal years 1998-2001.

The debt went from $4.4 trillion when Clinton entered office and was at 5.796 when he left office. That is an increase in the US debt, is it not?

Here it is year by year. See How the U.S. Debt Tripled Since 9/11

Name another POTUS, besides Clinton, that presided during a balanced budget, in the past 40 years.

 

[Thinker101]

Name the last President that didn't promise to reduce the debt? Name the last President that has reduced the debt from the time they were voted in until they left office?

I have lots of reasons to dislike Trump but in this case he is no different than any other President. If a President did actually reduce the debt, I'd be shocked, wouldn't you?

I won't go back in time, and do a Google search to see what candidates did, or did not 'promise.'

During Clinton's second term there were at least three budgets that created no debt aka balanced budgets.

Reducing the deficit is something completely different, IMO.

The US Debt went up during Clinton, so you failed. The debt rose to almost $1.4 trillion under Clinton. His best year was when it rose only by 18 billion in 2000. Coolidge was the last to actually have the debt go down. The rest all added to our debt woes.

Which President Increased U.S. Debt the Most?

According to the CBO the the budget was in surplus from fiscal years 1998-2001.

The debt went from $4.4 trillion when Clinton entered office and was at 5.796 when he left office. That is an increase in the US debt, is it not?

Here it is year by year. See How the U.S. Debt Tripled Since 9/11

Name another POTUS, besides Clinton, that presided during a balanced budget, in the past 40 years.

To be more accurate, no Republican president has balanced the budget in the past 50 years, no Democrat controlled congress has balanced the budget in the past 40 years. Now tell us who controls the purse strings.