Trump: Economy has long way to go after Tax Cuts are fully understood & appreciated in size & scope

basquebromance

Diamond Member
Nov 26, 2015
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he's already making excuses!

"Stocks and the economy have a long way to go after the Tax Cut Bill is totally understood and appreciated in scope and size. Immediate expensing will have a big impact. Biggest Tax Cuts and Reform EVER passed. Enjoy, and create many beautiful JOBS!

DOW RISES 5000 POINTS ON THE YEAR FOR THE FIRST TIME EVER - MAKE AMERICA GREAT AGAIN!

70 Record Closes for the Dow so far this year! We have NEVER had 70 Dow Records in a one year period. Wow!" - President Trump
 
Liar lies.

Trump's tax cut volume ~ 1% of GDP per year

Bush/Obama cuts ~ 1.4% of GDP


And lets just reflect that Bush's tax-cuts not really appreciated to this day...but I'm sure it will be totally different THIS TIME.

"While it is not the largest tax cut ever, it is the most poorly timed giant tax cut in history," said Leonard Burman, institute fellow at the nonpartisan Tax Policy Center. "The economy is near full employment and the national debt is at a postwar record and rising fast."

The biggest tax cut in history? Not quite. - CNNPolitics
 
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