RightyTighty
VIP Member
- Banned
- #21
Yes, it was.Please explain further like which tax breaks work if anyTax breaks not linked to legislation that creates careers for Americans is a scam.
Here's the problem I see with this: GOP is quick to point out that Reagan reduced taxes and later on unemployment decreased. Bush Jr. reduced taxes and unemployment decreased as well (for a short time).
Problem: Both of these Presidents doubled the Defense budget and that additional spending did indeed create jobs but the GOP counts them as tax-break jobs so you will give them license to continue doing that. Look at Trump's plan, reduce corp taxes by >20% but increase defense spending and infrastructure spending as well. The last 2 does create jobs but they will once again count them as tax break jobs That makes it a scam.
Reagan tax cuts and economy improvement almost doubled income tax revenue 509 billion in 1980 to 909 billion 1988. Is that a scam?
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