Musk "If we don't fix the deficit, America goes bankrupt. It's that simple."

[elektra]

AND now you know, let it sink in

 

[Admiral Rockwell Tory]

Tax cuts reduce revenues. Tax cuts increase deficits.

There’s no free lunch.

Why are you doubling down on lying? History has proven that tax cuts stimulate the economy and tax increases hurt revenues. People change their behavior as a result of these changes. Are you going to spend money that you no longer have because it is going to taxes?

Take the stimulus checks for example. Most people used that money to make up for shortfalls in their income or they spent it on things they wanted to help them cope with the pandemic. I spent my first check on my dog, He was very expensive, and I could not afford him without that additional money, but I didn't need it for day-to-day expenses fortunately.

 

[kyzr]

That's in addition to a deficit of $1.8 trillion

Yes, $1.8T is the 2025 deficit. BUT, if we look at the past series of Budgets, we see that Biden spent way more than Trump
Biden’s 2025 Budget was $7.30T with a $1.8T deficit
Biden’s 2024 Budget was $7.30T with a $2.0T deficit
Biden's 2023 Budget was $6.13T with a $1.7T deficit
Biden's 2022 Budget was $6.27T with a $1.4T deficit
Trump's 2021 Budget was $6.82T with a $2.8T deficit
Trump's 2020 Budget was $6.55T with a $3.1T deficit
Trump's 2019 Budget was $4.40T with a $0.9T deficit
Trump's 2018 Budget was $4.10T with a $0.8T deficit

What will the House and Senate Budgets be? I heard as low as $6.1T and as high as $7.0T. Assume that the total revenue is "flat" at about $5T. So that $1.8T deficit could be $2T a year, or $1.1T a year.

Revisiting DOGE, Tariffs, and extending the tax cuts. The Tax Cut extension is included in the deficit. So the question is, how much revenue can new tariffs raise, and how much can DOGE cut? Can they exceed $1.1T or $2.0T a year?
Stay tuned, it looks doable.

 

[Admiral Rockwell Tory]

Yes, four years ago, the last time Trump was in office. If that had not occurred, the US would be $4Tr to $6Tr less in debt. Now you want to do it literally again.

You and Marener need to get together and have a child. It would be the dumbest human being ever born when it comes to tax revenues.

 

[kyzr]

Um...retard?

The Republican House just passed a budget which will add $4 trillion to the debt.

You don't know that. That $4T is what extending the tax cut totals in 10-years.

That will be offset by DOGE, Tariffs, and Growth.

 

[Marener]

Why are you doubling down on lying? History has proven that tax cuts stimulate the economy and tax increases hurt revenues.

Tax cuts can stimulate the economy and temporarily increase growth. It’s not enough to overcome the loss in revenues from the tax cut though.

To make up for the loss, a dollar of tax cuts would have to generate like 5-6 dollars of GDP. It just isn’t going to do that.

 

[Marener]

Stay tuned, it looks doable.

Magical thinking.

 

[bendog]

Why in god's name would anyone want to stimulate an economy that ALREADY has interest rates hiked to combat inflation?

 

[kyzr]

Magical thinking.

Optimistic thinking. Otherwise we are in deep shit.

 

[kyzr]

Why in god's name would anyone want to stimulate an economy that ALREADY has interest rates hiked to combat inflation?

We need the economy to grow more than inflation to pay for entitlements. The Fed said interest rates are "neutral".

 

[Marener]

Optimistic thinking. Otherwise we are in deep shit.

Unrealistic thinking. You guys think you can have your cake and eat it too.

We need to be serious.

 

[Marener]

You and Marener need to get together and have a child. It would be the dumbest human being ever born when it comes to tax revenues.

Give a tax cut to poor people, they’ll spend it.

What do you think rich people do with their tax cuts?

Nothing.

 

[kyzr]

Give a tax cut to poor people, they’ll spend it.

What do you think rich people do with their tax cuts? Nothing.

How many jobs did poor people ever create? Zero

The wealthy generally invest in the economy, Musk started 10 or so major companies.

 

[Marener]

How many jobs did poor people ever create? Zero

The wealthy generally invest in the economy, Musk started 10 or so major companies.

Very condescending to poor people. I thought this was the land of opportunity where anyone can make it if they work hard.

Tax cuts failed to deliver significant business investment last time around. If there are business opportunities, they already have the resources to invest. They don’t need government checks to do so.

Tax cuts mostly go in the bank.

 

[initforme]

Why are you doubling down on lying? History has proven that tax cuts stimulate the economy and tax increases hurt revenues. People change their behavior as a result of these changes. Are you going to spend money that you no longer have because it is going to taxes?

Take the stimulus checks for example. Most people used that money to make up for shortfalls in their income or they spent it on things they wanted to help them cope with the pandemic. I spent my first check on my dog, He was very expensive, and I could not afford him without that additional money, but I didn't need it for day-to-day expenses fortunately.

But but but stimulus checks caused inflation. That line is so blatantly stupid it defies reality.

 

[Rawley]

Tax cuts can stimulate the economy and temporarily increase growth. It’s not enough to overcome the loss in revenues from the tax cut though.

To make up for the loss, a dollar of tax cuts would have to generate like 5-6 dollars of GDP. It just isn’t going to do that.

So what is the affect on the economy of your cult’s $4T tax increase on the middle class?

 

[TheGreatSatan]

Which federal programs would you like to be cut or abolished?

If Kamala won, there would be more money for sex changes in Guatemala and gay musicals in Ireland.

Democrats support everything Americans are trying to cut.

This is because Democrats are traitors working on a plot to intentionally collapse America for their WEF masters.

Once you realize democrats are traitors trying to collapse America, everything they support and do will make perfect sense.

Democrats = traitors

 

[Marener]

So what is the affect on the economy of your cult’s $4T tax increase on the middle class?

Loading…

www.politico.com

 

[DonGlock26]

during Oblama it was 5% across-the-board cuts and we all survived. Fuck Musk he is nothing special.

If Kamala won, there would be more money for sex changes in Guatemala and gay musicals in Ireland.

Democrats support everything Americans are trying to cut.

This is because Democrats are traitors working on a plot to intentionally collapse America for their WEF masters.

Once you realize democrats are traitors trying to collapse America, everything they support and do will make perfect sense.

Democrats = traitors

I can’t argue with that.

 

[Admiral Rockwell Tory]

Tax cuts can stimulate the economy and temporarily increase growth. It’s not enough to overcome the loss in revenues from the tax cut though.

To make up for the loss, a dollar of tax cuts would have to generate like 5-6 dollars of GDP. It just isn’t going to do that.

You just can't resist your low IQ spouting from your mouth, can you? Of in this case, flowing from your fingers to the keyboard.