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Tax receipts are up under the new tax plan.
Nice try.
Tax receipts are up under the new tax plan.
Nice try.
The deficit is increasing; economic growth is stagnant.
Trump's tax cuts are failing.
Tax receipts are up under the new tax plan.
Nice try.
Tax receipts are up under the new tax plan.
Nice try.
Fact checked your claim. You are wrong. Paul Ryan Misleads on Corporate Tax Revenues - FactCheck.org
Tax receipts are up under the new tax plan.
Nice try.
Fact checked your claim. You are wrong. Paul Ryan Misleads on Corporate Tax Revenues - FactCheck.org
Your article is from April. Just a month later the CBO admitted it was wrong as tax receipts were $40 billion more than they estimated.
CBO forecasts largest-ever monthly surplus as record tax receipts pour in
Your focus on “corporate tax revenues” is also a misdirection. Did I say “corporate tax receipts”? No. I said tax receipts as in overall tax receipts.
Corporate taxes were cut in order to grow the economy, which it has. Meanwhile the Federal government collected more taxes by other means such as tariffs.
Tax rates don’t control what the deficit will be, only how much money the feds draw in. The deficit is contingent on spending, which Dems refuse to cut. President Trump’s tax cuts have worked. Congress has failed to pass a balanced budget.
He claimed the tax cuts were leading to a decrease in the budget deficit. The opposite is true.
This is how Larry Kudlow defines a falling deficit
So far the Trump tax cuts have failed. Economic growth was revised downward to 2% last quarter.
Tax receipts are up under the new tax plan.
Nice try.
That Ludlow is a liar renders him a typical Trump administration official.He claimed the tax cuts were leading to a decrease in the budget deficit. The opposite is true.
This is how Larry Kudlow defines a falling deficit
So far the Trump tax cuts have failed. Economic growth was revised downward to 2% last quarter.
He did that during GWB too. I remember him resolutely claiming "The economy is sound!" back on 07 even as I read daily headlines of thousands being laid off.He claimed the tax cuts were leading to a decrease in the budget deficit. The opposite is true.
This is how Larry Kudlow defines a falling deficit
So far the Trump tax cuts have failed. Economic growth was revised downward to 2% last quarter.
Tax receipts from the old tax plan. So stupid.Tax receipts are up under the new tax plan.
Nice try.
Fact checked your claim. You are wrong. Paul Ryan Misleads on Corporate Tax Revenues - FactCheck.org
Your article is from April. Just a month later the CBO admitted it was wrong as tax receipts were $40 billion more than they estimated.
CBO forecasts largest-ever monthly surplus as record tax receipts pour in
Your focus on “corporate tax revenues” is also a misdirection. Did I say “corporate tax receipts”? No. I said tax receipts as in overall tax receipts.
Corporate taxes were cut in order to grow the economy, which it has. Meanwhile the Federal government collected more taxes by other means such as tariffs.
Tax rates don’t control what the deficit will be, only how much money the feds draw in. The deficit is contingent on spending, which Dems refuse to cut. President Trump’s tax cuts have worked. Congress has failed to pass a balanced budget.
Tax receipts are up under the new tax plan.
Nice try.
Fact checked your claim. You are wrong. Paul Ryan Misleads on Corporate Tax Revenues - FactCheck.org
Your article is from April. Just a month later the CBO admitted it was wrong as tax receipts were $40 billion more than they estimated.
CBO forecasts largest-ever monthly surplus as record tax receipts pour in
Your focus on “corporate tax revenues” is also a misdirection. Did I say “corporate tax receipts”? No. I said tax receipts as in overall tax receipts.
Corporate taxes were cut in order to grow the economy, which it has. Meanwhile the Federal government collected more taxes by other means such as tariffs.
Tax rates don’t control what the deficit will be, only how much money the feds draw in. The deficit is contingent on spending, which Dems refuse to cut. President Trump’s tax cuts have worked. Congress has failed to pass a balanced budget.
The tax payments creating the surplus are from 2017...before the tax cuts took effect.
Maybe you should try reading your article.
Meanwhile, the deficit is exploding because tax revenue is way down.
Oh and BTW, republicans control Congress and spending.
Tax receipts are up under the new tax plan.
Nice try.
Fact checked your claim. You are wrong. Paul Ryan Misleads on Corporate Tax Revenues - FactCheck.org
Your article is from April. Just a month later the CBO admitted it was wrong as tax receipts were $40 billion more than they estimated.
CBO forecasts largest-ever monthly surplus as record tax receipts pour in
Your focus on “corporate tax revenues” is also a misdirection. Did I say “corporate tax receipts”? No. I said tax receipts as in overall tax receipts.
Corporate taxes were cut in order to grow the economy, which it has. Meanwhile the Federal government collected more taxes by other means such as tariffs.
Tax rates don’t control what the deficit will be, only how much money the feds draw in. The deficit is contingent on spending, which Dems refuse to cut. President Trump’s tax cuts have worked. Congress has failed to pass a balanced budget.
The tax payments creating the surplus are from 2017...before the tax cuts took effect.
Maybe you should try reading your article.
Meanwhile, the deficit is exploding because tax revenue is way down.
Oh and BTW, republicans control Congress and spending.
Wrong, tax receipts are up this year already. Income tax won’t be collected until next year, but most every other tax is collected during the year.
I already pointed out Congress is responsible for spending, not the President.
Tax receipts are up under the new tax plan.
Nice try.
What did you expect ,,he works for Trump now?He claimed the tax cuts were leading to a decrease in the budget deficit. The opposite is true.
This is how Larry Kudlow defines a falling deficit
So far the Trump tax cuts have failed. Economic growth was revised downward to 2% last quarter.
Tax receipts are up under the new tax plan.
Nice try.
Fact checked your claim. You are wrong. Paul Ryan Misleads on Corporate Tax Revenues - FactCheck.org
Your article is from April. Just a month later the CBO admitted it was wrong as tax receipts were $40 billion more than they estimated.
CBO forecasts largest-ever monthly surplus as record tax receipts pour in
Your focus on “corporate tax revenues” is also a misdirection. Did I say “corporate tax receipts”? No. I said tax receipts as in overall tax receipts.
Corporate taxes were cut in order to grow the economy, which it has. Meanwhile the Federal government collected more taxes by other means such as tariffs.
Tax rates don’t control what the deficit will be, only how much money the feds draw in. The deficit is contingent on spending, which Dems refuse to cut. President Trump’s tax cuts have worked. Congress has failed to pass a balanced budget.
The tax payments creating the surplus are from 2017...before the tax cuts took effect.
Maybe you should try reading your article.
Meanwhile, the deficit is exploding because tax revenue is way down.
Oh and BTW, republicans control Congress and spending.
Wrong, tax receipts are up this year already. Income tax won’t be collected until next year, but most every other tax is collected during the year.
I already pointed out Congress is responsible for spending, not the President.
Tax receipts are up under the new tax plan.
Nice try.
Federal Revenues for FY 2018 are projected to be slightly higher than for FY 2017 ($3.34 Trillion versus $3.32 Trillion), however the deficit increase is being driven by the fact that federal spending has increased faster than revenue, primarily due to mandatory spending increases (SS and Medicare being the biggest) and defense spending increases that weren't completely offset.
Tax receipts are up under the new tax plan.
Nice try.
Federal Revenues for FY 2018 are projected to be slightly higher than for FY 2017 ($3.34 Trillion versus $3.32 Trillion), however the deficit increase is being driven by the fact that federal spending has increased faster than revenue, primarily due to mandatory spending increases (SS and Medicare being the biggest) and defense spending increases that weren't completely offset.
Correct, but the OP is trying to blame the tax cuts for the current deficits, and that it is false.
