The order has come down

[MagicMike]

Supply side economics works every single time.

eliminate the middle class

Define the middle class and show that it shrank after 1981.

The Road to Trump Began With Reaganomics & the Loss of the Middle Class, Economist Says | Duke Today

today.duke.edu

Hindsight is 20/20: How Reagan Destroyed the American Economy - The Parthenon

They claim that hindsight is 20/20, but this analogy no longer applies to the modern iteration of the American right-wing political sphere. The era of conservatism is alive and well in the United States as the mainstream takeover of free-market conservatism has embedded itself firmly and deeply...

marshallparthenon.com

Ronald Reagan: Domestic Affairs | Miller Center

millercenter.org

 

[RetiredGySgt]

Yeah but you're not really "pointing out" anything you silly fool. You are just making silly accusations with nothing to back them up.
It's the adult version (assuming you are an adult) of "I know you are but what am I?"

sure thing retard.

 

[Toddsterpatriot]

The Road to Trump Began With Reaganomics & the Loss of the Middle Class, Economist Says | Duke Today

today.duke.edu

Hindsight is 20/20: How Reagan Destroyed the American Economy - The Parthenon

They claim that hindsight is 20/20, but this analogy no longer applies to the modern iteration of the American right-wing political sphere. The era of conservatism is alive and well in the United States as the mainstream takeover of free-market conservatism has embedded itself firmly and deeply...

marshallparthenon.com

Ronald Reagan: Domestic Affairs | Miller Center

millercenter.org

Thanks for the links.


Define the middle class and show that it shrank after 1981.

 

[jc456]

It is amazing how our representatives have no idea how the tax cuts work. What a sad view of american stupidity. Someone should explain that the bracket cuts from 2017 if not confirmed costs americans 4 trillion in September. and she's worried about 800 billion. So she'd prefer we all eat 4 times that.

 

[Cougarbear]

the rich are the only ones who do that?

reality is that consumer demand is 70% of the economy.
Hiring of workers only occur due to demand.

The word "only" is used incorrectly. Most businesses would like to hire more people but often cannot because of high taxation for the corporations. Biden didn't get rid of the Trump tax cuts for individuals and corporations because that would cause more people to be laid off from work. Most businesses want to expand, not shrink.

 

[daveman]

I did misread that but again… whether that makes them legal or illegal your friend seems to have no problem with corps crotons for illegals

And that is the problem.

Conservatives want to deport illegals when found. Liberals want to punish companies that knowingly hire illegals.

I say we do both.

 

[daveman]

You are still parroting that old trickle down economics bullshit that Ronald Reagan came up with 45 years ago.
It never worked then and it doesn't work now. The wealth has never "trickled" down.
Instead all nearly a quarter century of this greedy bullshit has done is eliminate the middle class and siphon 95% of the wealth in our economy into the bank accounts of the wealthiest 1% leaving only them and an overworked, struggling, worker class to support them.
It has been the greatest redistribution of wealth in our nation's history.
Dude!
You really should stop worshipping your oppressors!

The Soviet Union circa 1958 called. They want their propaganda back.

 

[daveman]

It is amazing how our representatives have no idea how the tax cuts work. What a sad view of american stupidity. Someone should explain that the bracket cuts from 2017 if not confirmed costs americans 4 trillion in September. and she's worried about 800 billion. So she'd prefer we all eat 4 times that.

She's a leftist. She believes all money belongs to the government -- except for what politicians manage to steal.

 

[daveman]

The word "only" is used incorrectly. Most businesses would like to hire more people but often cannot because of high taxation for the corporations. Biden didn't get rid of the Trump tax cuts for individuals and corporations because that would cause more people to be laid off from work. Most businesses want to expand, not shrink.

It's not just taxation that prevents businesses from expanding. It's the cost of meeting Biden's regulations.

Biden's Record-Breaking Regulatory Run​

Not only did the number of regulations approved by Biden set new records, but the costs associated with those rules soared to new heights too. His administration issued $1.8 trillion in cumulative regulatory costs over four years, according to an analysis by the American Action Forum (AAF), which tracks the estimated regulatory costs published in the Federal Register.

That shatters the previous record, set by the Obama administration, which over eight years pushed through regulations costing $493.6 billion.

The biggest single regulation issued by the Biden administration was the new tailpipe emissions for automobiles that are scheduled to take effect in 2027. That alone will cost more than $870 billion. Even without that big hit, however, the Biden administration would have easily landed in first place.

Democrats simply can't be trusted with power.

 

[jc456]

She's a leftist. She believes all money belongs to the government -- except for what politicians manage to steal.

The 4 trillion must go to her

 

[Billiejeens]

Cuts to make up for a top end tax exemption should be a worry for ALL Taxpayers. But your handlers didn't tell you about that.

It's not real.

 

[jc456]

Cuts to make up for a top end tax exemption should be a worry for ALL Taxpayers. But your handlers didn't tell you about that.

Why don’t you mthr fkers learn our tax code

 

[Billiejeens]

As the fascist Steve Bannon noted, the cuts to Medicaid will be a tough sell in trumpworld because there are lots of MAGAists on Medicaid.

That didn't happen.

 

[my2¢]

I'm a believer in fiscal responsibility and so I'm not a big fan of tax breaks until budget sanity takes place.

In regard to complaints from the left to me they ring hollow. I figure people will be appreciative of any break they receive and only losers will be concerned about how the matter affects anybody else. Plus, the rich having greater surplus isn't all bad....

Then a poor widow came by and dropped in two small coins. “I tell you the truth,” Jesus said, “this poor widow has given more than all the rest of them. For they have given a tiny part of their surplus, but she, poor as she is, has given everything she has.”

 

[PredFan]

A woman with multiple degrees in science and economics, and the winner of a national science, fair award when she was in high school, is the dumbest person in Congress?

Not as long as Marjorie Taylor, Greene, or Lauren Boebert, or Anna Paulina Luna, or whatever her real name is, are there.

Intelligence and education are two different things. If you were intelligent, you'd know that.

 

[hadit]

my taxes go up while Trump (who doesn't pay taxes) gets more back. And they're gonna pay for it with a blend of cuts to medicaid and more (inflationary) deficits.

Apparently, you don't believe Rachel Maddow, who proved he did indeed not only pay income taxes but paid a lot.

 

[jc456]

Apparently, you don't believe Rachel Maddow, who proved he did indeed not only pay income taxes but paid a lot.

Still nothing about Biden’s not paying. Hmmm snobs

 

[IDIOCRACY]

AOC: The order has come down to this committee. Find $880 billion to pay for a tax cuts on yachts, jets, billionaires, and mega corporations while working class people pay higher tax rates than Facebook does. Undocumented immigrants pay more in taxes than many large corporations

This is what they are doing to us. We will be sacrificed for the benefit of the oligarchy.

She's lying or stupid, pick one.

 

[Crepitus]

She's lying or stupid, pick one.

Feel free to prove either one.

 

[IDIOCRACY]

Feel free to prove either one.

Fuck, if I do or don't you won't learn from it, that's just not possible. You have your feelings, and your feelings are more important than real life.

AOC proves she's stupid all the time. As for lying, I don't know, I just think she's stupid, and intellectually dishonest.

Of course the corporations my more taxes than the average Joe, you people don't think, you parrot. They pay far and away more in local taxes, State taxes, SS taxes, federal taxes etc. etc. (tax tax tax) combined, and it's not close. But that's far deeper than any leftist can reach for their BS narrations.

Meta Platforms annual income taxes for 2023 were $8.33B, a 48.25% increase from 2022. Meta Platforms annual income taxes for 2022 were $5.619B, a 29% decline from 2021.