Biden leads largest govt revenue growth since 1977

Revenue increase, check.
Employment improvement, check
Stock market records, check

Republicans faux shilling about a supposed “bad economy”, check.
They screamed that the Obama Admin had a bad economy.

They were wrong then too
 
Do you really want to go back to those days ? It was even more depressing than today. For me the best years were the '60s, people had hope, people were inspired, they weren't as paranoid as the people of the 50s were and taxes were reasonable. Some help was available, but not so much that it would stifle self-sufficiency and self-reliance. But how do you unopen a can of worms once you've already opened it. It's not possible, the whole world is headed down this path. Corporate government is probably the future of our world.
Go back to the days where people were responsible for their decisions in life? Why would anyone want that?
 
But wait...I thought guys cared about the deficit.

How do you think you pay for the deficit?
Right now the super rich and corporations are paying little or no taxes. The tax cuts given to the middle class by trump will end soon. The tax cuts he gave to the super rich in corporations are supposed to go on forever with no cutoff date. Do you really think this is fair that the middle class bears all the burden of taxation. Biden is trying to make things right again.
 
Right now the super rich and corporations are paying little or no taxes. The tax cuts given to the middle class by trump will end soon. The tax cuts he gave to the super rich in corporations are supposed to go on forever with no cutoff date. Do you really think this is fair that the middle class bears all the burden of taxation. Biden is trying to make things right again.
. Do you really think this is fair that the middle class bears all the burden of taxation.

Dude, at least put forth a minimal amount of effort with your Dimwinger talking point lies. :auiqs.jpg:


1634093680643.png
 
He did...average household income went DOWN under OBAMA...so people were making less money then.
Don't bother looking for as link.

You're lying

Nationally, median family income growth in Trump’s first three years was almost identical to the rate of growth in the three years prior to his presidency, according to one of the two main Census surveys. A second Census survey shows that median household income growth actually slowed in Trump’s first three years to 2.1% annually compared with 2.6% annually during Obama’s last three years.

 
Taxes haven't gone up for anyone so stop whining about the government "taking" anything.

If you paid more taxes it's because you made more money
 
Thanks Biden! Who’s Laffering now?



Despite a pandemic, a recession and a slew of tax cuts, federal tax receipts are booming.

Revenues jumped 18 percent in the fiscal year that just ended, analysts say — the biggest one-year increase since 1977.

That translates into $627 billion more than in 2020, according to the nonpartisan Congressional Budget Office, which estimates that, for the first time, total government revenues topped $4 trillion.
“They are just booming,” said Mark Booth, a former top revenue forecaster at the agency. “It is very unusual.”



If that is true, good. The older I get, the more fiscally hawkish I have become, and I really don't care what means a government takes to get to a balanced budget as long as one is arrived at.
 
Thanks Biden! Who’s Laffering now?



Despite a pandemic, a recession and a slew of tax cuts, federal tax receipts are booming.

Revenues jumped 18 percent in the fiscal year that just ended, analysts say — the biggest one-year increase since 1977.

That translates into $627 billion more than in 2020, according to the nonpartisan Congressional Budget Office, which estimates that, for the first time, total government revenues topped $4 trillion.
“They are just booming,” said Mark Booth, a former top revenue forecaster at the agency. “It is very unusual.”



That tends to happen when you raise taxes.
 

Forum List

Back
Top