Where are the Fiscal Conservatives? GOP Tax Bill Adds $1.7T to Debt

[g5000]

There are no Republicans denying this bill adds to the debt.

In fact, they ACKNOWLEDGE it will.

So there you go. The stench of hypocrisy is all over you, tards.

 

[danielpalos]

"The GOP’s tax bill would add $1.7 trillion to the national debt over the course of a decade, and increase the country’s debt-to-GDP ratio by 5.9 percentage points, according to the Congressional Budget Office."

GOP tax bill would add $1.7 trillion to debt: CBO

So where are those tea party conservatives that ran on a very strict ‘we will not add to the federal debt/deficit!’

Clearly, that policy does not apply to tax breaks for corporations and the already wealthy.

Just income redistribution that favors the already rich; the right wing only has a problem with income redistribution, when it helps the poor.

Yes Obama did make the rich/richer and poor/poorer!

I am sure you are very proud of that!

He had to bail out the already rich, not blacks.

 

[Kosh]

Obama added 10 trillion and I don't see any complaints from you.

No he didn't, please stop spreading ignorant rightwinger bullshit.

Yes he did, no amount of far left religious charts can change that!

Unless you at least give some semblance of evidence please just STFU idiot.

This is not some RW bubble safe-space, you want to say Obama spent 10 trillion? Ok tell us what he spent it on.

2017 deficit will be about 700 billion - you want to tell us what Trump spent it on?

Yes according to the far left Bush was president of the last eight years..

Seriously they pushing this again, you can not make this stuff up!

They use an overly biased chart and claim it as fact, they can not even explain the chart, just that it fits their far left religious narrative!

 

[AntonToo]

"The GOP’s tax bill would add $1.7 trillion to the national debt over the course of a decade, and increase the country’s debt-to-GDP ratio by 5.9 percentage points, according to the Congressional Budget Office."

GOP tax bill would add $1.7 trillion to debt: CBO

So where are those tea party conservatives that ran on a very strict ‘we will not add to the federal debt/deficit!’

Clearly, that policy does not apply to tax breaks for corporations and the already wealthy.

First static scoring is BS, you can't discount the growth this bill will cause. Second debt and deficit are two different animals. The deficit is calculated against the budget which only accounts for about 30% of federal spending. Off budget spending accounts for most of the debt.


.

Yeah, just keep denying Trump and GOP will add to the debt with their plan.

If the name "Obama" was in this picture, you'd be howling and grinding your teeth.

"If someone has a D after their name, they can never do anything right, but if they have an R after their name, they can never do wrong."

So you're saying that if the economy expands dramatically it won't increase revenues to the government?


.

When have tax cuts not added to the debt?

When Kennedy cut top marginal tax from 90% to 60% and maybe small PART of Reagan's taxes as rich people spent less on accountants and lawyers and more on paying taxes, everything since then is bathed in red ink.

 

[Kosh]

"The GOP’s tax bill would add $1.7 trillion to the national debt over the course of a decade, and increase the country’s debt-to-GDP ratio by 5.9 percentage points, according to the Congressional Budget Office."

GOP tax bill would add $1.7 trillion to debt: CBO

So where are those tea party conservatives that ran on a very strict ‘we will not add to the federal debt/deficit!’

Clearly, that policy does not apply to tax breaks for corporations and the already wealthy.

Just income redistribution that favors the already rich; the right wing only has a problem with income redistribution, when it helps the poor.

Yes Obama did make the rich/richer and poor/poorer!

I am sure you are very proud of that!

He had to bail out the already rich, not blacks.

See the far left did not care that the rich got richer under Obama, it only matters when the far left is not in charge!

 

[g5000]

Here's what the psuedocon tards don't understand.

If you tax too much, you suppress revenues. They get that part.

What they don't get is that if you tax too little, you also suppress revenues. It only takes two seconds of critical thinking to understand this by simply imagining what would happen if you lower tax rates to ZERO.

They have not noticed that the most recent tax cuts have not stimulated the economy. So to think MOAR tax cuts will is fucking retarded.

Eventually, the DEBT is what matters. The DEBT is what eventually begins choking the living shit out of the economy. No tax cut in the world which ADDS to the DEBT will cause the economy to "dramatically" grow.

Jesus H. Christ.

 

[Kosh]

"The GOP’s tax bill would add $1.7 trillion to the national debt over the course of a decade, and increase the country’s debt-to-GDP ratio by 5.9 percentage points, according to the Congressional Budget Office."

GOP tax bill would add $1.7 trillion to debt: CBO

So where are those tea party conservatives that ran on a very strict ‘we will not add to the federal debt/deficit!’

Clearly, that policy does not apply to tax breaks for corporations and the already wealthy.

First static scoring is BS, you can't discount the growth this bill will cause. Second debt and deficit are two different animals. The deficit is calculated against the budget which only accounts for about 30% of federal spending. Off budget spending accounts for most of the debt.


.

Yeah, just keep denying Trump and GOP will add to the debt with their plan.

If the name "Obama" was in this picture, you'd be howling and grinding your teeth.

"If someone has a D after their name, they can never do anything right, but if they have an R after their name, they can never do wrong."

So you're saying that if the economy expands dramatically it won't increase revenues to the government?


.

When have tax cuts not added to the debt?

When Kennedy cut top marginal tax from 90% to 60% and maybe PART of Reagan's taxes as people spent less on accountants and lawyers and more on paying taxes, everything since then is bathed in red ink.

Yes JKF and Carter did some of the biggest tax cuts, but you will not see that in any far left chart!

 

[Brain357]

"The GOP’s tax bill would add $1.7 trillion to the national debt over the course of a decade, and increase the country’s debt-to-GDP ratio by 5.9 percentage points, according to the Congressional Budget Office."

GOP tax bill would add $1.7 trillion to debt: CBO

So where are those tea party conservatives that ran on a very strict ‘we will not add to the federal debt/deficit!’

Clearly, that policy does not apply to tax breaks for corporations and the already wealthy.

First static scoring is BS, you can't discount the growth this bill will cause. Second debt and deficit are two different animals. The deficit is calculated against the budget which only accounts for about 30% of federal spending. Off budget spending accounts for most of the debt.


.

Yeah, just keep denying Trump and GOP will add to the debt with their plan.

If the name "Obama" was in this picture, you'd be howling and grinding your teeth.

"If someone has a D after their name, they can never do anything right, but if they have an R after their name, they can never do wrong."

So you're saying that if the economy expands dramatically it won't increase revenues to the government?


.

When have tax cuts not added to the debt?

When Kennedy cut top marginal tax from 90% to 60% and maybe small PART of Reagan's taxes as people spent less on accountants and lawyers and more on paying taxes, everything since then is bathed in red ink.

Reagan tripled the debt. You'd have to show some numbers for Kennedy. Would be funny if a dem was only one to do it.

 

[AntonToo]

First static scoring is BS, you can't discount the growth this bill will cause. Second debt and deficit are two different animals. The deficit is calculated against the budget which only accounts for about 30% of federal spending. Off budget spending accounts for most of the debt.


.

Yeah, just keep denying Trump and GOP will add to the debt with their plan.

If the name "Obama" was in this picture, you'd be howling and grinding your teeth.

"If someone has a D after their name, they can never do anything right, but if they have an R after their name, they can never do wrong."

So you're saying that if the economy expands dramatically it won't increase revenues to the government?


.

When have tax cuts not added to the debt?

When Kennedy cut top marginal tax from 90% to 60% and maybe PART of Reagan's taxes as people spent less on accountants and lawyers and more on paying taxes, everything since then is bathed in red ink.

Yes JKF and Carter did some of the biggest tax cuts, but you will not see that in any far left chart!

Yes, please tell us how you agree with JFK and his 60% marginal tax rate

 

[g5000]

Heritage Foundation: High Debt Is a Real Drag

Three teams of economists have separately shown that high government debt has a negative effect on long-term economic growth. When government debt grows, private investment shrinks, lowering future growth and future wages.

Estimates across advanced economies show that debt drag reaches large and statistically significant levels as debt grows, with the worst effects occurring after debt reaches 90 percent of gross domestic product (GDP). With U.S. federal, state, and local government debt at 84 percent of GDP and rising, policymakers should begin taking debt drag into account when considering new deficit spending.

 

[g5000]

More from the Heritage Foundation: The Many Real Dangers of Soaring National Debt

Recent and projected growth in U.S. government debt poses a serious hazard to the nation. At a minimum, high levels of government debt mean substantial government resources must go toward servicing debt—to pay interest. Further, theory indicates and a growing body of research suggests a consistent relationship between high levels of government debt relative to the size of the economy and abnormally high interest rates consistent with lower levels of domestic investment.

 

[OKTexas]

"The GOP’s tax bill would add $1.7 trillion to the national debt over the course of a decade, and increase the country’s debt-to-GDP ratio by 5.9 percentage points, according to the Congressional Budget Office."

GOP tax bill would add $1.7 trillion to debt: CBO

So where are those tea party conservatives that ran on a very strict ‘we will not add to the federal debt/deficit!’

Clearly, that policy does not apply to tax breaks for corporations and the already wealthy.

Just income redistribution that favors the already rich; the right wing only has a problem with income redistribution, when it helps the poor.

Yeah, that's why they increased the child tax credit to $1600, that's a 60% increase in welfare payments through the tax code.


.

 

[g5000]

High Debt Drags Down the Economy

According to the Congressional Budget Office (CBO), rising debt levels could reduce projected annual income by between $2,000 and $6,000 per person by 2040

 

[Kosh]

Yeah, just keep denying Trump and GOP will add to the debt with their plan.

If the name "Obama" was in this picture, you'd be howling and grinding your teeth.

"If someone has a D after their name, they can never do anything right, but if they have an R after their name, they can never do wrong."

So you're saying that if the economy expands dramatically it won't increase revenues to the government?


.

When have tax cuts not added to the debt?

When Kennedy cut top marginal tax from 90% to 60% and maybe PART of Reagan's taxes as people spent less on accountants and lawyers and more on paying taxes, everything since then is bathed in red ink.

Yes JKF and Carter did some of the biggest tax cuts, but you will not see that in any far left chart!

Yes, please tell us how you agree with JFK and his 60% marginal tax rate

Obviously you are ok with it, because you never include it in any of your far left religious dogma rants!

 

[g5000]

So much for the fake fiscal conservatives who can't bring themselves to criticize the GOP and Trump adding to our debt. Their morals have been so thoroughly corrupted, they are literally incapable of doing it.

They've shown their true character today.

"If a person has an R after their name, they can do no wrong. If a person has a D after their name, they can do no right."


That's all these assholes bleev in. Completely unprincipled.

 

[NightFox]

No one has answered the question. Where are the fiscal conservatives who whined all these years about the debt?
.

"They're dead Jim"

....but beyond the "debt accumulation be damned attitude" of the GOP HoR Congress Critters, the Republican pom-pom waivers should be looking at the details of what the HoR is proposing.

1. The Top Bracket is staying @ 39.6% EXCEPT the house bill includes a surcharge on incomes over $1 million, which effectively creates a new top bracket of 45.6% .. that's right GOP'ers are proposing to raise taxes on the "job creators"...

2. With the proposed elimination of SALT and Medical Deductions, taxes are going to increase for some in the middle as well... that's right the GOP'ers are proposing to raise taxes on the "middle"

3. Apparently the elimination of the O'Care Individual Mandate would raise revenues except the Republicrats are worried that would lose support in the Senate... that's right, all those "We're going to Repeal O'Care" promises from the GOP'ers.. just bullshit, they won't even repeal the Individual Mandate when it'll help them hit their own tax "reform" deficit target.

Right now the GOP Congress critters are scrambling to find ways to raise additional revenue to hit the deficit target but apparently nobody over in "fiscal conservative, small government" land is looking for ways to solve the BIG fucking problem... SPENDING.

So the GOP "base" is getting a good fucking over by the unprincipled dickweeds they voted for, they're try to do all these things they told you they were against, with Republicans like these who needs Democrats?

"You been had, you been took, you been hoodwinked, bamboozled, led astray, run amok" -- Malcolm X

 

[g5000]

Pseudo-

Con.


Fake

Conservative.

 

[bendog]

First static scoring is BS, you can't discount the growth this bill will cause. Second debt and deficit are two different animals. The deficit is calculated against the budget which only accounts for about 30% of federal spending. Off budget spending accounts for most of the debt.


.

Yeah, just keep denying Trump and GOP will add to the debt with their plan.

If the name "Obama" was in this picture, you'd be howling and grinding your teeth.

"If someone has a D after their name, they can never do anything right, but if they have an R after their name, they can never do wrong."

So you're saying that if the economy expands dramatically it won't increase revenues to the government?


.

When have tax cuts not added to the debt?

When Kennedy cut top marginal tax from 90% to 60% and maybe PART of Reagan's taxes as people spent less on accountants and lawyers and more on paying taxes, everything since then is bathed in red ink.

Yes JKF and Carter did some of the biggest tax cuts, but you will not see that in any far left chart!

JFK did a tax cut when rates were higher and deficits not an issue. Carter's tax cuts were actually aimed at lowering taxes and BROADENING what was taxed by eliminating tax breaks .... which actually could be a good idea if that's what the gop was actually proposing.

 

[bendog]

No one has answered the question. Where are the fiscal conservatives who whined all these years about the debt?
.

"They're dead Jim"

....but beyond the "debt accumulation be damned attitude" of the GOP HoR Congress Critters, the Republican pom-pom waivers should be looking at the details of what the HoR is proposing.

1. The Top Bracket is staying @ 39.6% EXCEPT the house bill includes a surcharge on incomes over $1 million, which effectively creates a new top bracket of 45.6% .. that's right GOP'ers are proposing to raise taxes on the "job creators"...

2. With the proposed elimination of SALT and Medical Deductions, taxes are going to increase for some in the middle as well... that's right the GOP'ers are proposing to raise taxes on the "middle"

3. Apparently the elimination of the O'Care Individual Mandate would raise revenues except the Republicrats are worried that would lose support in the Senate... that's right, all those "We're going to Repeal O'Care" promises from the GOP'ers.. just bullshit, they won't even repeal the Individual Mandate when it'll help them hit their own tax "reform" deficit target.

Right now the GOP Congress critters are scrambling to find ways to raise additional revenue to hit the deficit target but apparently nobody over in "fiscal conservative, small government" land is looking for ways to solve the BIG fucking problem... SPENDING.

So the GOP "base" is getting a good fucking over by the unprincipled dickweeds they voted for, they're try to do all these things they told you they were against, with Republicans like these who needs Democrats?

"You been had, you been took, you been hoodwinked, bamboozled, led astray, run amok" -- Malcolm X

the GOP is also attempting to fold in an elimination of the estate tax

 

[bendog]

Pseudo-

Con.


Fake

Conservative.

Yes. One could possibly argue a conservative could accept higher debt if the result would be more spending by the middle class, but the gop in left with saying this is a supply side cut that eventually will trickle down .. or simply lying about who actually gets their taxes cut.