nat4900
Diamond Member
- Mar 3, 2015
- 42,021
- 5,964
- 1,870
- Banned
- #1
No one likes to pay taxes, and no one should dispute the good results that paying taxes yields for us as individuals and for our society.
Yet, there are THREE times when taxes should not be cut.....
First, you don't cut taxes when engaged in 2 costly, unpaid for wars
Second, you don't cut taxes when spending is not also cut, forcing humongous borrowing .....and
Third, you don't cut taxes when the economy is flourishing, unemployment is very low, and businesses are thriving.
Trump's policies have broken ALL three of these tenets......and, as economists will readily tell you, "overheated" our economy and will cause higher government debt and drive our markets downward .
Yet, there are THREE times when taxes should not be cut.....
First, you don't cut taxes when engaged in 2 costly, unpaid for wars
Second, you don't cut taxes when spending is not also cut, forcing humongous borrowing .....and
Third, you don't cut taxes when the economy is flourishing, unemployment is very low, and businesses are thriving.
Trump's policies have broken ALL three of these tenets......and, as economists will readily tell you, "overheated" our economy and will cause higher government debt and drive our markets downward .