The idea that Americans think putting republicans in power will improve the economy is just nonsense as always

[Nostra]

So you can’t answer the question? Got it.

Already did, Simp. Revenues go up after a tax cut.

See:

FY 2020	$3.71 trillion (estimated)
FY 2019	$3.46 trillion (actual)
FY 2018	$3.33 trillion
FY 2017	$3.32 trillion
FY 2016	$3.27 trillion

 

[lantern2814]

Now you’re catching on! Of course the economy isn’t “bad”. Inflation is definitely huge problem, but every other economic metric has done well. See even with GDP, the dip we had the last two quarters were from gains in 2021. That means the GDP is at the very least where it was in Trump’s final month.

You actually typed that shit with a straight face? Nobody is buying that pathetic spin attempt.

 

[Nostra]

Nope wrong. Completely wrong. The tax law passed in 2019 definitely blew up the deficit.

What tax law passed in 2019 blew up the deficit?

Provide a link Billy000

 

[lantern2814]

Lol that is such nonsense. Who tells you this bullshit?

Facts and reality. Two things you avoid like the plague.

 

[Billy000]

Revenues are going up after a tax cut is passed. Happens every time.

FY 2020	$3.71 trillion (estimated)
FY 2019	$3.46 trillion (actual)
FY 2018	$3.33 trillion
FY 2017	$3.32 trillion
FY 2016	$3.27 trillion

Um no you’re literally making shit up. And as I said, raw dollars is not how you compute real revenue

 

[Billy000]

What tax law passed in 2019 blew up the deficit?

Provide a link Billy000

Lol we both know I meant 2017. You’re just taking any victory you can get. It’s pretty pathetic.

 

[Nostra]

Um no you’re literally making shit up. And as I said, raw dollars is not how you compute real revenue

What did I make up?

Be specific.

FY 2020	$3.71 trillion (estimated)
FY 2019	$3.46 trillion (actual)
FY 2018	$3.33 trillion
FY 2017	$3.32 trillion
FY 2016	$3.27 trillion

 

[Nostra]

Um no you’re literally making shit up. And as I said, raw dollars is not how you compute real revenue

tax revenue​

Noun

1.

tax revenue- government income due to taxation tax income, taxation, revenue government income, government revenue - income available to the government internal revenue - government revenue from domestic sources (excluding customs)

 

[Nostra]

Lol we both know I meant 2017. You’re just taking any victory you can get. It’s pretty pathetic.

We did? Unlike you and your ilk I don't claim to be a mindreader.

You are so stupid you think revenues are spending. You are so stupid you think revenues went down after the across the board Trump tax cuts. You are so stupid you don't know the difference between deficit and debt.

Why would I assume you know when Trump passed his across the board tax cuts, Dumbass?

 

[Viktor]

Revenues are going up after a tax cut is passed. Happens every time.

FY 2020	$3.71 trillion (estimated)
FY 2019	$3.46 trillion (actual)
FY 2018	$3.33 trillion
FY 2017	$3.32 trillion
FY 2016	$3.27 trillion

Democrats do not understand Economics. Most of them never worked in business and spent their whole lives on a government paycheck. Bernie Sanders and
Jojo Biden are typical. So is Liz Warren the dumbo Senator from Massachusetts. The closest she got to business was teaching school.

 

[Billy000]

What did I make up?

Be specific.

FY 2020	$3.71 trillion (estimated)
FY 2019	$3.46 trillion (actual)
FY 2018	$3.33 trillion
FY 2017	$3.32 trillion
FY 2016	$3.27 trillion

You just said revenue goes up every time there is a tax cut. That is beyond stupid.

 

[Nostra]

You just said revenue goes up every time there is a tax cut. That is beyond stupid.

Prove me wrong with actual revenue numbers.

This will be a hoot.

 

[Billy000]

We did? Unlike you and your ilk I don't claim to be a mindreader.

You are so stupid you think revenues are spending. You are so stupid you think revenues went down after the across the board Trump tax cuts. You are so stupid you don't know the difference between deficit and debt.

Why would I assume you know when Trump passed his across the board tax cuts, Dumbass?

I didn’t use deficit correctly before technically. I’m aware that refers to a given yearly budget. 7.8 trillion is a deficit in the sense that it fits the definition of the word.

And yeah moron, revenue did go down. My source proved that lol. If spending is not changed and taxes are reduced, the deficit goes higher. It’s simple economics.

Again I’ll ask: how did revenue change from that tax cut? You said it didn’t go down. You also said it doesn’t pay for itself. What did the revenue do instead? It’s a pretty simple question but you know you can’t answer it lol

 

[Billy000]

Prove me wrong with actual revenue numbers.

This will be a hoot.

Why would I prove it wrong if it is your claim? You prove It lol.

God this whole thing is comical lol

 

[g5000]

And weird how "Trump deficits and debt" occurred with a Democracked run congress.

Wrong.

Trump had a Republican Congress for his first two years, and they immediately set about doubling the deficit immediately.

Nice try.

 

[Nostra]

I didn’t use deficit correctly before technically. I’m aware that refers to a given yearly budget. 7.8 trillion is a deficit in the sense that it fits the definition of the word.

And yeah moron, revenue did go down. My source proved that lol. If spending is not changed and taxes are reduced, the deficit goes higher. It’s simple economics.

Again I’ll ask: how did revenue change from that tax cut? You said it didn’t go down. You also said it doesn’t pay for itself. What did the revenue do instead? It’s a pretty simple question but you know you can’t answer it lol

And yeah moron, revenue did go down.

Where? Which year? Why can't you answer the question? Which year?

FY 2020	$3.71 trillion (estimated)
FY 2019	$3.46 trillion (actual)
FY 2018	$3.33 trillion
FY 2017	$3.32 trillion
FY 2016	$3.27 trillion

 

[g5000]

. I mean what kind of idiot thunks tax cuts not only pay for themselves, but generate extra revenue on top of that?

When Obama increased taxes, revenue went up.

When Clinton increased taxes, revenue went up.

So long as tax rates stay inside a certain window, revenue goes up.

Tax rates have very little impact on how much revenue comes in. Healthy economic growth matters far more.

 

[Billy000]

And yeah moron, revenue did go down.

Where? Which year? Why can't you answer the question? Which year?

FY 2020	$3.71 trillion (estimated)
FY 2019	$3.46 trillion (actual)
FY 2018	$3.33 trillion
FY 2017	$3.32 trillion
FY 2016	$3.27 trillion

Lol it’s amazing how desperate you are. You just repeat this same shit over and over and have nothing else to say. I explained to you raw dollars is not how you measure real revenue. This is true whether you like it or not lol

 

[Nostra]

Why would I prove it wrong if it is your claim? You prove It lol.

God this whole thing is comical lol

Easily done. I posted revenues by year for the past 80 years or so.

But here is more proof:

Do Tax Cuts Increase Government Revenue?

Tax cuts lead to increased government revenue...and this article proves it!

www.forbes.com

Reality Check: After Huge Tax Cuts, Revenues Increased. The Deficit is Spiking Because of Overspending.

Eight Percent > Four Percent

townhall.com

 

[g5000]

Trump...more fiscally conservative...

Trump Proposes a Record $4.75 Trillion Budget​