Trump says "growth" will pay for the tax cuts... and here is how!

President Trump: Economic growth is going to pay for new tax cuts
Trump: Economic growth is going to pay for new tax cuts

So to those economically challenged people here are some FACTS to back up Trump's statement.
First of all understand why companies were hesitate to hire. Here are some actual statements!

They have realized that it’s very expensive to hire and very expensive to make a mistake, and they’re less willing to take a risk,” says Jeanne Branthover, managing partner of DHR International, an executive search firm. “Before 2007, my clients were hiring and firing and not thinking about it.”

So with Obamacare forcing more payments especially companies under 50 employees and the owner
NOT wanting to encounter higher expenses by hiring the 50th employee... because why?
.."it’s very expensive to hire and very expensive to make a mistake,

So how many people will be added because with Trump's loosening the rules and regulations, by lowering taxes, by encouraging repatriation of the nearly $3 Trillion offshore here are some of the contributions
to how the tax cuts will be paid for by "GROWTH"!!!

About 5.5 million Americans are not in the labor force — and so not counted among the unemployed — but still want a job now, up from 4.3 million before the recession, the Labor Department says. Simply put, Van Horn says, the occasional job searches by those laid off in the downturn creates more competition for jobs among the long-term unemployed.
Yet a growing number of companies that had been reluctant to bring on the long-term unemployed are more willing to offer them temporary jobs initially or training, says Paul McDonald, senior executive director of staffing firm Robert Half.
Out of work for six months or more? Here's why you can't find a job

5.5 million Americans.. that want a job but because of the above, can't find them.
NOW with corporate taxes cut from 35 to 15% employers have a little more leeway in making hiring
mistakes. With repeal of Obamacare that employer who hesitated to hire the 50th employee will hire!
After all the employer makes more money when more products are made...right?

View attachment 123629
You don't need to "PAY" for what you already own. That money belongs to the people not the government.

Such arrogance


then dont bitch about debt or shitty infrastructure ... NOT COLLECTING REVENUE doesn't pay for jackshitte.
I bitch about shrimp on treadmills & Solyndra not the things the government is actually responsible for. And for the umpteenth time, taxes do not create debt. Irresponsible spending does.

If you cut our government spending in half, and cut taxes in half,

you'd still have the same deficit.
 
President Trump: Economic growth is going to pay for new tax cuts
Trump: Economic growth is going to pay for new tax cuts

So to those economically challenged people here are some FACTS to back up Trump's statement.
First of all understand why companies were hesitate to hire. Here are some actual statements!

They have realized that it’s very expensive to hire and very expensive to make a mistake, and they’re less willing to take a risk,” says Jeanne Branthover, managing partner of DHR International, an executive search firm. “Before 2007, my clients were hiring and firing and not thinking about it.”

So with Obamacare forcing more payments especially companies under 50 employees and the owner
NOT wanting to encounter higher expenses by hiring the 50th employee... because why?
.."it’s very expensive to hire and very expensive to make a mistake,

So how many people will be added because with Trump's loosening the rules and regulations, by lowering taxes, by encouraging repatriation of the nearly $3 Trillion offshore here are some of the contributions
to how the tax cuts will be paid for by "GROWTH"!!!

About 5.5 million Americans are not in the labor force — and so not counted among the unemployed — but still want a job now, up from 4.3 million before the recession, the Labor Department says. Simply put, Van Horn says, the occasional job searches by those laid off in the downturn creates more competition for jobs among the long-term unemployed.
Yet a growing number of companies that had been reluctant to bring on the long-term unemployed are more willing to offer them temporary jobs initially or training, says Paul McDonald, senior executive director of staffing firm Robert Half.
Out of work for six months or more? Here's why you can't find a job

5.5 million Americans.. that want a job but because of the above, can't find them.
NOW with corporate taxes cut from 35 to 15% employers have a little more leeway in making hiring
mistakes. With repeal of Obamacare that employer who hesitated to hire the 50th employee will hire!
After all the employer makes more money when more products are made...right?

View attachment 123629
You don't need to "PAY" for what you already own. That money belongs to the people not the government.

Such arrogance


then dont bitch about debt or shitty infrastructure ... NOT COLLECTING REVENUE doesn't pay for jackshitte.
I bitch about shrimp on treadmills & Solyndra not the things the government is actually responsible for. And for the umpteenth time, taxes do not create debt. Irresponsible spending does.

If you cut our government spending in half, and cut taxes in half,

you'd still have the same deficit.
Perhaps but do you know what else we would have?

A booming fucking economy for the American people. I'll take that trade any day of the week
 
But cutting taxes works!! LOL fools

giphy.gif


If cutting taxes can raise so much revenue,

why didn't it work in Kansas?
Kansas has no economy outside of farming.
 
President Trump: Economic growth is going to pay for new tax cuts
Trump: Economic growth is going to pay for new tax cuts

So to those economically challenged people here are some FACTS to back up Trump's statement.
First of all understand why companies were hesitate to hire. Here are some actual statements!

They have realized that it’s very expensive to hire and very expensive to make a mistake, and they’re less willing to take a risk,” says Jeanne Branthover, managing partner of DHR International, an executive search firm. “Before 2007, my clients were hiring and firing and not thinking about it.”

So with Obamacare forcing more payments especially companies under 50 employees and the owner
NOT wanting to encounter higher expenses by hiring the 50th employee... because why?
.."it’s very expensive to hire and very expensive to make a mistake,

So how many people will be added because with Trump's loosening the rules and regulations, by lowering taxes, by encouraging repatriation of the nearly $3 Trillion offshore here are some of the contributions
to how the tax cuts will be paid for by "GROWTH"!!!

About 5.5 million Americans are not in the labor force — and so not counted among the unemployed — but still want a job now, up from 4.3 million before the recession, the Labor Department says. Simply put, Van Horn says, the occasional job searches by those laid off in the downturn creates more competition for jobs among the long-term unemployed.
Yet a growing number of companies that had been reluctant to bring on the long-term unemployed are more willing to offer them temporary jobs initially or training, says Paul McDonald, senior executive director of staffing firm Robert Half.
Out of work for six months or more? Here's why you can't find a job

5.5 million Americans.. that want a job but because of the above, can't find them.
NOW with corporate taxes cut from 35 to 15% employers have a little more leeway in making hiring
mistakes. With repeal of Obamacare that employer who hesitated to hire the 50th employee will hire!
After all the employer makes more money when more products are made...right?

View attachment 123629
You don't need to "PAY" for what you already own. That money belongs to the people not the government.

Such arrogance


then dont bitch about debt or shitty infrastructure ... NOT COLLECTING REVENUE doesn't pay for jackshitte.
I bitch about shrimp on treadmills & Solyndra not the things the government is actually responsible for. And for the umpteenth time, taxes do not create debt. Irresponsible spending does.

If you cut our government spending in half, and cut taxes in half,

you'd still have the same deficit.
Perhaps but do you know what else we would have?

A booming fucking economy for the American people. I'll take that trade any day of the week

You'd have millions of unemployed government workers. You got jobs for all of them?
 
President Trump: Economic growth is going to pay for new tax cuts
Trump: Economic growth is going to pay for new tax cuts

So to those economically challenged people here are some FACTS to back up Trump's statement.
First of all understand why companies were hesitate to hire. Here are some actual statements!

They have realized that it’s very expensive to hire and very expensive to make a mistake, and they’re less willing to take a risk,” says Jeanne Branthover, managing partner of DHR International, an executive search firm. “Before 2007, my clients were hiring and firing and not thinking about it.”

So with Obamacare forcing more payments especially companies under 50 employees and the owner
NOT wanting to encounter higher expenses by hiring the 50th employee... because why?
.."it’s very expensive to hire and very expensive to make a mistake,

So how many people will be added because with Trump's loosening the rules and regulations, by lowering taxes, by encouraging repatriation of the nearly $3 Trillion offshore here are some of the contributions
to how the tax cuts will be paid for by "GROWTH"!!!

About 5.5 million Americans are not in the labor force — and so not counted among the unemployed — but still want a job now, up from 4.3 million before the recession, the Labor Department says. Simply put, Van Horn says, the occasional job searches by those laid off in the downturn creates more competition for jobs among the long-term unemployed.
Yet a growing number of companies that had been reluctant to bring on the long-term unemployed are more willing to offer them temporary jobs initially or training, says Paul McDonald, senior executive director of staffing firm Robert Half.
Out of work for six months or more? Here's why you can't find a job

5.5 million Americans.. that want a job but because of the above, can't find them.
NOW with corporate taxes cut from 35 to 15% employers have a little more leeway in making hiring
mistakes. With repeal of Obamacare that employer who hesitated to hire the 50th employee will hire!
After all the employer makes more money when more products are made...right?

View attachment 123629
You don't need to "PAY" for what you already own. That money belongs to the people not the government.

Such arrogance

lol, if the government has no legal claim to your money via the tax code, why do you pay?
 
You don't need to "PAY" for what you already own. That money belongs to the people not the government.

Such arrogance


then dont bitch about debt or shitty infrastructure ... NOT COLLECTING REVENUE doesn't pay for jackshitte.
I bitch about shrimp on treadmills & Solyndra not the things the government is actually responsible for. And for the umpteenth time, taxes do not create debt. Irresponsible spending does.

If you cut our government spending in half, and cut taxes in half,

you'd still have the same deficit.
Perhaps but do you know what else we would have?

A booming fucking economy for the American people. I'll take that trade any day of the week

You'd have millions of unemployed government workers. You got jobs for all of them?
Why do I need to? When the economy sucks and business slows I don't demand someone else find work for me. If you have skills to market you can find your own career.
 
President Trump: Economic growth is going to pay for new tax cuts
Trump: Economic growth is going to pay for new tax cuts

So to those economically challenged people here are some FACTS to back up Trump's statement.
First of all understand why companies were hesitate to hire. Here are some actual statements!

They have realized that it’s very expensive to hire and very expensive to make a mistake, and they’re less willing to take a risk,” says Jeanne Branthover, managing partner of DHR International, an executive search firm. “Before 2007, my clients were hiring and firing and not thinking about it.”

So with Obamacare forcing more payments especially companies under 50 employees and the owner
NOT wanting to encounter higher expenses by hiring the 50th employee... because why?
.."it’s very expensive to hire and very expensive to make a mistake,

So how many people will be added because with Trump's loosening the rules and regulations, by lowering taxes, by encouraging repatriation of the nearly $3 Trillion offshore here are some of the contributions
to how the tax cuts will be paid for by "GROWTH"!!!

About 5.5 million Americans are not in the labor force — and so not counted among the unemployed — but still want a job now, up from 4.3 million before the recession, the Labor Department says. Simply put, Van Horn says, the occasional job searches by those laid off in the downturn creates more competition for jobs among the long-term unemployed.
Yet a growing number of companies that had been reluctant to bring on the long-term unemployed are more willing to offer them temporary jobs initially or training, says Paul McDonald, senior executive director of staffing firm Robert Half.
Out of work for six months or more? Here's why you can't find a job

5.5 million Americans.. that want a job but because of the above, can't find them.
NOW with corporate taxes cut from 35 to 15% employers have a little more leeway in making hiring
mistakes. With repeal of Obamacare that employer who hesitated to hire the 50th employee will hire!
After all the employer makes more money when more products are made...right?

View attachment 123629
You don't need to "PAY" for what you already own. That money belongs to the people not the government.

Such arrogance

lol, if the government has no legal claim to your money via the tax code, why do you pay?
Dumb question.
 
cut taxes booming economy ,,, bla bla bla

Obama made the Bush tax cuts permanent, and the economy didnt boom..... it remained stagnant, stuck on "just ok"


BOOMING !

yawnnnnnnnnnnnnnnnn
 
President Trump: Economic growth is going to pay for new tax cuts
Trump: Economic growth is going to pay for new tax cuts

So to those economically challenged people here are some FACTS to back up Trump's statement.
First of all understand why companies were hesitate to hire. Here are some actual statements!

They have realized that it’s very expensive to hire and very expensive to make a mistake, and they’re less willing to take a risk,” says Jeanne Branthover, managing partner of DHR International, an executive search firm. “Before 2007, my clients were hiring and firing and not thinking about it.”

So with Obamacare forcing more payments especially companies under 50 employees and the owner
NOT wanting to encounter higher expenses by hiring the 50th employee... because why?
.."it’s very expensive to hire and very expensive to make a mistake,

So how many people will be added because with Trump's loosening the rules and regulations, by lowering taxes, by encouraging repatriation of the nearly $3 Trillion offshore here are some of the contributions
to how the tax cuts will be paid for by "GROWTH"!!!

About 5.5 million Americans are not in the labor force — and so not counted among the unemployed — but still want a job now, up from 4.3 million before the recession, the Labor Department says. Simply put, Van Horn says, the occasional job searches by those laid off in the downturn creates more competition for jobs among the long-term unemployed.
Yet a growing number of companies that had been reluctant to bring on the long-term unemployed are more willing to offer them temporary jobs initially or training, says Paul McDonald, senior executive director of staffing firm Robert Half.
Out of work for six months or more? Here's why you can't find a job

5.5 million Americans.. that want a job but because of the above, can't find them.
NOW with corporate taxes cut from 35 to 15% employers have a little more leeway in making hiring
mistakes. With repeal of Obamacare that employer who hesitated to hire the 50th employee will hire!
After all the employer makes more money when more products are made...right?

View attachment 123629


From your linked article:
"But experts interviewed this week by ABC News said economic growth likely wouldn't make up for the massive loss in federal revenue. One analysis, by the bipartisan Committee for a Responsible Federal Budget estimates the Trump’s plan could cost anywhere between 3 and 7 trillion dollars in lost revenue over the next decade."
Trump: Economic growth will pay for new tax cuts
So far every economist I have read agrees with the experts that ABC interviewed.
So your theory is not a slam dunk.
 
President Trump: Economic growth is going to pay for new tax cuts
Trump: Economic growth is going to pay for new tax cuts

So to those economically challenged people here are some FACTS to back up Trump's statement.
First of all understand why companies were hesitate to hire. Here are some actual statements!

They have realized that it’s very expensive to hire and very expensive to make a mistake, and they’re less willing to take a risk,” says Jeanne Branthover, managing partner of DHR International, an executive search firm. “Before 2007, my clients were hiring and firing and not thinking about it.”

So with Obamacare forcing more payments especially companies under 50 employees and the owner
NOT wanting to encounter higher expenses by hiring the 50th employee... because why?
.."it’s very expensive to hire and very expensive to make a mistake,

So how many people will be added because with Trump's loosening the rules and regulations, by lowering taxes, by encouraging repatriation of the nearly $3 Trillion offshore here are some of the contributions
to how the tax cuts will be paid for by "GROWTH"!!!

About 5.5 million Americans are not in the labor force — and so not counted among the unemployed — but still want a job now, up from 4.3 million before the recession, the Labor Department says. Simply put, Van Horn says, the occasional job searches by those laid off in the downturn creates more competition for jobs among the long-term unemployed.
Yet a growing number of companies that had been reluctant to bring on the long-term unemployed are more willing to offer them temporary jobs initially or training, says Paul McDonald, senior executive director of staffing firm Robert Half.
Out of work for six months or more? Here's why you can't find a job

5.5 million Americans.. that want a job but because of the above, can't find them.
NOW with corporate taxes cut from 35 to 15% employers have a little more leeway in making hiring
mistakes. With repeal of Obamacare that employer who hesitated to hire the 50th employee will hire!
After all the employer makes more money when more products are made...right?

View attachment 123629
You don't need to "PAY" for what you already own. That money belongs to the people not the government.

Such arrogance


then dont bitch about debt or shitty infrastructure ... NOT COLLECTING REVENUE doesn't pay for jackshitte.

Exactly....the only ones I've ever heard that shit from are dumbassed Republicans.
 
We have almost 100 million in the Labor Participation Force who are not working. Whether they want to work is immaterial. So many, so many can work but won't, living off the state. Trump has no interest in finding good paying jobs for American workers.
We don't need people to work; we need people to circulate capital under our form of capitalism.

Unemployment compensation that corrects for the capital effects of capitalism's, natural rate of unemployment, can act in a manner analogous to an "oil pump" to ensure capital circulates and produces a positive multiplier effect on our economy.
A consumer economy works best with people working and consuming, thus circulating capital in the economy.
Your point? The rich already get a capital gains preference to create Jobs Booms.
 
We have almost 100 million in the Labor Participation Force who are not working. Whether they want to work is immaterial. So many, so many can work but won't, living off the state. Trump has no interest in finding good paying jobs for American workers.
We don't need people to work; we need people to circulate capital under our form of capitalism.

Unemployment compensation that corrects for the capital effects of capitalism's, natural rate of unemployment, can act in a manner analogous to an "oil pump" to ensure capital circulates and produces a positive multiplier effect on our economy.
A consumer economy works best with people working and consuming, thus circulating capital in the economy.
Your point? The rich already get a capital gains preference to create Jobs Booms.

Do you understand what "capital gains" tax is?
Here is some help...
A capital gains tax (CGT) is a tax on capital gains, the profit realized on the sale of a non-inventory asset that was purchased at a cost amount that was lower than the amount realized on the sale. The most common capital gains are realized from the sale of stocks, bonds, precious metals and property
Capital gains tax - Wikipedia
Capital gains tax - Wikipedia

So where does "SELLING" an asset create jobs?
I mean using your perception of the evil rich capitalist, you most likely think they bury that money left after paying the capital gains tax in the back yard or most likely
you think they put it under their mattress. Is that your perception of the evil rich capitalist? Buries the money or hides it under the mattress. Right???
 
We have almost 100 million in the Labor Participation Force who are not working. Whether they want to work is immaterial. So many, so many can work but won't, living off the state. Trump has no interest in finding good paying jobs for American workers.
We don't need people to work; we need people to circulate capital under our form of capitalism.

Unemployment compensation that corrects for the capital effects of capitalism's, natural rate of unemployment, can act in a manner analogous to an "oil pump" to ensure capital circulates and produces a positive multiplier effect on our economy.
A consumer economy works best with people working and consuming, thus circulating capital in the economy.
Your point? The rich already get a capital gains preference to create Jobs Booms.

Do you understand what "capital gains" tax is?
Here is some help...
A capital gains tax (CGT) is a tax on capital gains, the profit realized on the sale of a non-inventory asset that was purchased at a cost amount that was lower than the amount realized on the sale. The most common capital gains are realized from the sale of stocks, bonds, precious metals and property
Capital gains tax - Wikipedia
Capital gains tax - Wikipedia

So where does "SELLING" an asset create jobs?
I mean using your perception of the evil rich capitalist, you most likely think they bury that money left after paying the capital gains tax in the back yard or most likely
you think they put it under their mattress. Is that your perception of the evil rich capitalist? Buries the money or hides it under the mattress. Right???
It is not treated as ordinary income, for a reason. Job creating investment, is usually the reason. If that is not the reason; there really is no reason for that tax preference.
 
We have almost 100 million in the Labor Participation Force who are not working. Whether they want to work is immaterial. So many, so many can work but won't, living off the state. Trump has no interest in finding good paying jobs for American workers.
We don't need people to work; we need people to circulate capital under our form of capitalism.

Unemployment compensation that corrects for the capital effects of capitalism's, natural rate of unemployment, can act in a manner analogous to an "oil pump" to ensure capital circulates and produces a positive multiplier effect on our economy.
A consumer economy works best with people working and consuming, thus circulating capital in the economy.
Your point? The rich already get a capital gains preference to create Jobs Booms.

Do you understand what "capital gains" tax is?
Here is some help...
A capital gains tax (CGT) is a tax on capital gains, the profit realized on the sale of a non-inventory asset that was purchased at a cost amount that was lower than the amount realized on the sale. The most common capital gains are realized from the sale of stocks, bonds, precious metals and property
Capital gains tax - Wikipedia
Capital gains tax - Wikipedia

So where does "SELLING" an asset create jobs?
I mean using your perception of the evil rich capitalist, you most likely think they bury that money left after paying the capital gains tax in the back yard or most likely
you think they put it under their mattress. Is that your perception of the evil rich capitalist? Buries the money or hides it under the mattress. Right???
It is not treated as ordinary income, for a reason. Job creating investment, is usually the reason. If that is not the reason; there really is no reason for that tax preference.

Where in my comment was any mention of "ordinary income"?

NOW here is the reason for "capital gains" NOT taxed as ordinary income! NOT ME but the experts explain. OK???

But it’s not that simple. There are compelling reasons to treat capital gains differently than other earnings.

For one thing, taxes on investment earnings effectively double-tax that income.
Labor income is taxed when it is earned, and investments are generally made out of after-tax earnings—
so capital-gains levies represent another bite out of an investor’s money.
In effect, the system punishes those who put their money to work. Raising the capital-gains tax rate would just make the punishment that much more drastic.

Is It Fair to Tax Capital Gains at Lower Rates Than Earned Income?

NOW let me explain that cause in appears it might be too complicated for you.
How did the person who has a capital gains tax GET the money that was invested in the first place?
Almost all of it comes from the person who WORKED first, then paid taxes on the income as "ordinary income".
Then what was left the person invested.... again after having paid the "INCOME" tax.
So it was not fair for the person who already paid a tax on their wages to then pay a tax again on capital gains where the person had invested AFTER tax savings!

Now another reason:
Labor income is taxed as it is earned, so there’s no meaningful difference between your nominal and inflation-adjusted earnings. With a capital investment held over time, though, there can be a big difference between the nominal and real capital gain, with much of the nominal gain simply reflecting inflation.
So the "gains" were over time when a portion of the "gains" were from inflation.
Do you understand?

Finally NO where in the above experts explanation of the reason for lower capital gains tax was there any mention of encouraging job building!

Again... do a little research as I did and you'll have a better understanding and not make such hyperbolic, anxiety driven statements!
 
We don't need people to work; we need people to circulate capital under our form of capitalism.

Unemployment compensation that corrects for the capital effects of capitalism's, natural rate of unemployment, can act in a manner analogous to an "oil pump" to ensure capital circulates and produces a positive multiplier effect on our economy.
A consumer economy works best with people working and consuming, thus circulating capital in the economy.
Your point? The rich already get a capital gains preference to create Jobs Booms.

Do you understand what "capital gains" tax is?
Here is some help...
A capital gains tax (CGT) is a tax on capital gains, the profit realized on the sale of a non-inventory asset that was purchased at a cost amount that was lower than the amount realized on the sale. The most common capital gains are realized from the sale of stocks, bonds, precious metals and property
Capital gains tax - Wikipedia
Capital gains tax - Wikipedia

So where does "SELLING" an asset create jobs?
I mean using your perception of the evil rich capitalist, you most likely think they bury that money left after paying the capital gains tax in the back yard or most likely
you think they put it under their mattress. Is that your perception of the evil rich capitalist? Buries the money or hides it under the mattress. Right???
It is not treated as ordinary income, for a reason. Job creating investment, is usually the reason. If that is not the reason; there really is no reason for that tax preference.

Where in my comment was any mention of "ordinary income"?

NOW here is the reason for "capital gains" NOT taxed as ordinary income! NOT ME but the experts explain. OK???

But it’s not that simple. There are compelling reasons to treat capital gains differently than other earnings.

For one thing, taxes on investment earnings effectively double-tax that income.
Labor income is taxed when it is earned, and investments are generally made out of after-tax earnings—
so capital-gains levies represent another bite out of an investor’s money.
In effect, the system punishes those who put their money to work. Raising the capital-gains tax rate would just make the punishment that much more drastic.

Is It Fair to Tax Capital Gains at Lower Rates Than Earned Income?

NOW let me explain that cause in appears it might be too complicated for you.
How did the person who has a capital gains tax GET the money that was invested in the first place?
Almost all of it comes from the person who WORKED first, then paid taxes on the income as "ordinary income".
Then what was left the person invested.... again after having paid the "INCOME" tax.
So it was not fair for the person who already paid a tax on their wages to then pay a tax again on capital gains where the person had invested AFTER tax savings!

Now another reason:
Labor income is taxed as it is earned, so there’s no meaningful difference between your nominal and inflation-adjusted earnings. With a capital investment held over time, though, there can be a big difference between the nominal and real capital gain, with much of the nominal gain simply reflecting inflation.
So the "gains" were over time when a portion of the "gains" were from inflation.
Do you understand?

Finally NO where in the above experts explanation of the reason for lower capital gains tax was there any mention of encouraging job building!

Again... do a little research as I did and you'll have a better understanding and not make such hyperbolic, anxiety driven statements!
There is no reason for that tax preference, if there is no Jobs Boom for the rest of us. It really is that simple.
 

Forum List

Back
Top