All you Tax reduction haters(i.e. Trumphaters!)... How is this possible???

The fact that you have to brag about revenue growth finally, 23 months after the tax cuts went into effect should tell you all you need to know.

You are wrong, revenue went up as far slower rate than before the tax cuts...17 times faster in fact.

Ah, so the rate of INCREASE slowed down, but revenue still increased, and at the same time tens of millions of Americans saw their take-home pay go up between $50 and $500 per month. The problem is that you only care about how much money the government gets, whereas conservatives care more about how much money the people get to keep. It usually takes at least a year for the full effects of a tax cut to occur.

Anyway, to repeat: Contrary to liberal predictions, federal revenue has not gone down but has continued to rise:

https://www.usgovernmentrevenue.com/google_vis.php?title=Recent Federal Revenue&units=r&size=800_600&legend=Total Direct Revenue-fed&year=2007_2019&sname=US&bar=1&stack=1&col=g&source=a_a_a_a_a_a_a_a_a_a_a_a_a&spending0=2.57_2.52_2.10_2.16_2.30_2.45_2.78_3.02_3.25_3.27_3.32_3.33_3.46
 
The problem is that you only care about how much money the government gets, whereas conservatives care more about how much money the people get to keep. It usually takes at least a year for the full effects of a tax cut to occur.

Actual what I care about is how much the government spends and how much debt it incurs ..something that you do not care about, which is why you are not a conservative.
 
Well, could be that the corporations will get their taxes back at annual filing, after all corporations are rich people too. Some of the tariff money is being used to subsidize farmers and the and in larger part, huge agricultural corporations suffering decline in sales due to trade war tariffs. The rest of the subsidies are just further deficit spending, as deficits continue to rise. Think of it as wealth transfer up to the top. The large Agra-corporations are not actually hurting, by the trade policy. Much of their contractual costs are scalable to their projected annual needs on an on-going basis. It is not as if they actually lived on the land and struggle to keep it. Welcome to the supply side corporate economy.
In 2024, the total revenue for Social Security and Medicare was approximately $4.92 trillion.
6.2% went to SS paid by employer and 1.45% for Medicare by employers or $376.380 billion of total Federal SS/Medicare revenue FROM EMPLOYERS!!! How many of you ignorant anti-business, "evil wealthy" dummies knew that?
 
Ah, so the rate of INCREASE slowed down, but revenue still increased, and at the same time tens of millions of Americans saw their take-home pay go up between $50 and $500 per month. The problem is that you only care about how much money the government gets, whereas conservatives care more about how much money the people get to keep. It usually takes at least a year for the full effects of a tax cut to occur.

Anyway, to repeat: Contrary to liberal predictions, federal revenue has not gone down but has continued to rise:

https://www.usgovernmentrevenue.com/google_vis.php?title=Recent Federal Revenue&units=r&size=800_600&legend=Total Direct Revenue-fed&year=2007_2019&sname=US&bar=1&stack=1&col=g&source=a_a_a_a_a_a_a_a_a_a_a_a_a&spending0=2.57_2.52_2.10_2.16_2.30_2.45_2.78_3.02_3.25_3.27_3.32_3.33_3.46

Ignoramus nominal revenues are EXPECTED to rise because of infaltion and population/economy growth. That's why revenues are looked at as a % of GDP, not in nominal terms.

6-17-24bud_f2.png


There has been a clear erosion of expected revenues since 2000+ tax-cutting binge.
 

New Topics

Back
Top Bottom