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

[task0778]

They are not being raised.

but I will trade $4Tr in ME tax cuts for 4Tr in upper class/wealthy/corporation tax increases.

This is crap. If American taxpayers have to pay more taxes than they are now, that is called raising taxes. You can frame it any which way you want to but the reality does not change.

Do you really believe that the $4 TR in tax cuts all goes to the wealthy/corporations? Do you really believe it is feasible to raise taxes on them to pay for the extended tax cuts on everyone else? In what year after the Trump tax cuts went into effect resulted in less federal revenue? Surely you realize that much of an increase in taxes of the rich/corps is going to hurt investments big time, right? They're going to put their money into non-taxable assets or maybe send it overseas.

 

[Donald H]

Tariffs can work when a country has no competition that prevents them from working. China has made short work of Trump's tariffs plan in less than a week.

WTF was he thinking?

Victim countries are finding new trading partners and a lot of them aren't going back.

And so once again, there is no substitute for social change!

The Maga failure will be as much a failure as the Biden failure to rescue the working class.

 

[Moonglow]

Strange how when the blob oozed into office in 2016, the Obama era Sequestration went bye-bye.

Now that we are in reduction Trump wants to blow that off also

 

[konradv]

What if, the Democrats want America to go bankrupt? That would be their opportunity to
"fundamentally change" America.

The problem is that he doesn’t have a clue how to go about it, except that he knows taxes on him are bad.

 

[Nostra]

They claim they’re so concerned about the deficit but they’re simultaneously cutting taxes by like $4 trillion.

So they don’t exactly walk the walk.

After every major tax cut revenue went up, Moroner. So tell the class how MORE REVENUE would add to a deficit.

 

[Nostra]

While it's being reported that the Republicans are blowing the deficit to new levels. I've not seen Musk suggest we cut any of the billions going to him either.

Link?

 

[Nostra]

You believe that tax cuts pay for themselves. It’s a fantasy. It doesn’t work that way.

To believe tax cuts need to be”pay for themselves” assumes all money belongs to the government.

 

[Marener]

After every major tax cut revenue went up, Moroner. So tell the class how MORE REVENUE would add to a deficit.

Revenue would have gone up more without the tax cut.

 

[Marener]

To believe tax cuts need to be”pay for themselves” assumes all money belongs to the government.

If they don’t “pay for themselves” then they increase the deficit.

Pay attention. I don’t have all day to explain simple topics to you fucking morons.

 

[Nostra]

See. Dogmatic.

The only chance we have at fixing debt takes budget cuts and tax increases.

Either that or you start kicking old people out of nursing homes or some really drastic cuts.

Look at this moron.

We gotta tax the bejeebus out of the rich, or granny will get thrown out of her old folks home.

 

[Donald H]

The answer to fixing the deficit is as simple as acknowledging that 3 billionaires hold the equivalent wealth as half the US population.

It hasn't been one being born every minute since the Reagan years, it's more like a thousand new suckers being born every day!

Why all of a sudden the gameplan of the American wealthy ruling class has stopped working. America can't turn to foreign policy of military aggression anymore. Other greater superpowers have declared that America's party is over.

It's too late for America to make tariffs work in place of what can only be fixed by social change. (socialism)

 

[Nostra]

If they don’t “pay for themselves” then they increase the deficit.

Pay attention. I don’t have all day to explain simple topics to you fucking morons.

All money does not belong to the government, Simp.

Grow a brain.

Also, revenues have gone up after every major tax cut, so explain to the class how more revenue makes a deficit go up.

 

[Nostra]

Revenue would have gone up more without the tax cut.

Sez you. Now explain how more revenue makes a deficit go up, Moroner.

 

[Marener]

Also, revenues have gone up after every major tax cut, so explain to the class how more revenue makes a deficit go up.

Because revenues would have gone up more if you hadn’t cut taxes.

 

[Marener]

Sez you. Now explain how more revenue makes a deficit go up, Moroner.

I just did. You’re not very smart.

 

[Nostra]

Because revenues would have gone up more if you hadn’t cut taxes.

Prove it.

 

[Nostra]

I just did. You’re not very smart.

Nope. You did no such thing.

 

[Marener]

Prove it.

The Trump Tax Cuts’ Benefits Were Outweighed by Lost Revenue

With some of the law’s provisions set to expire, research offers lessons for lawmakers.

www.chicagobooth.edu

 

[M14 Shooter]

What if, the Democrats want America to go bankrupt? That would be their opportunity to
"fundamentally change" America.

Only if they manage to take away our guns .

 

[Nostra]

The Trump Tax Cuts’ Benefits Were Outweighed by Lost Revenue

With some of the law’s provisions set to expire, research offers lessons for lawmakers.

www.chicagobooth.edu

They are wrong. You know howi know? Cuz revenues went up, so that part of the equation can’t be why deficits went up, Simp.