Trump's Tax Plan Will Pay for Itself

[NYcarbineer]

Tax cuts do not have to pay for themselves since they cost nothing to begin with

lol.

The COST of tax cuts is measured by the amount of revenue you lose that would otherwise be going to pay the bills.

It's like cutting your monthly credit card payment in half, without changing the amount you charge to your credit card.

 

[toomuchtime_]

Yowza!

Maybe, not so much ....

Fiscal FactCheck: How Much Will Trump's Tax Plan Cost?

Of course this "analysis doesn't take into account the increased revenues from US companies that will choose not to leave because of the low tax rate or the foreign companies that will incorporate here because of that low tax rate and all the jobs and tax revenues this will create. We will have to wait to see if these gains will provide more revenue that the cuts will take away.

 

[P@triot]

The deficit dropped significantly during his administration.

Bwahahaha!!! You are such an ignorant little left-wing lap-dog. Snowflake - how in God's name could the deficit "drop significantly" if Obama nearly doubled the entire national debt during his Administration alone?!?

It took every President combined in U.S. history 232 years to rack up $10 trillion in debt. It took Barack Obama only 8 years to match that. This is basic math you dimwit.

The deficit skyrocketed to unimaginable levels under Barack Obama's first and second years. That's when the American people handed the House over to the Republican's who refused to keep that level of spending up. So Obama was forced to reduce the deficit from his record levels. He then twisted that into his own political gain with his dimwitted base (like you) by telling them: "look - I reduced the deficit!". Yeah - that "reduced" deficit was still exponentially higher than almost any president before him. It was merely "reduced" from his own previous record levels.

My God you left-wing hatriots are so easy to dupe. You people don't watch the news, read, or research. You just blindly swallow whatever the Dumbocrats tell you.

 

[easyt65]

NOW the Democrats are skeptical about a promise of something 'paying for itself'?!

 

[NYcarbineer]

The myth that the tax cuts will pay for themselves is about as worn out a line as a line can get.

 

[NYcarbineer]

The deficit dropped significantly during his administration.

Bwahahaha!!! You are such an ignorant little left-wing lap-dog. Snowflake - how in God's name could the deficit "drop significantly" if Obama nearly doubled the entire national debt during his Administration alone?!?

It took every President combined in U.S. history 232 years to rack up $10 trillion in debt. It took Barack Obama only 8 years to match that. This is basic math you dimwit.

The deficit skyrocketed to unimaginable levels under Barack Obama's first and second years. That's when the American people handed the House over to the Republican's who refused to keep that level of spending up. So Obama was forced to reduce the deficit from his record levels. He then twisted that into his own political gain with his dimwitted base (like you) by telling them: "look - I reduced the deficit!". Yeah - that "reduced" deficit was still exponentially higher than almost any president before him. It was merely "reduced" from his own previous record levels.

My God you left-wing hatriots are so easy to dupe. You people don't watch the news, read, or research. You just blindly swallow whatever the Dumbocrats tell you.

You're stupid. If the deficit is cut from 1 trillion a year to 500 billion a year,

you've cut the deficit in half but the debt keeps going up by 500 billion a year.

 

[easyt65]

The deficit dropped significantly during his administration.

Bwahahaha!!! You are such an ignorant little left-wing lap-dog. Snowflake - how in God's name could the deficit "drop significantly" if Obama nearly doubled the entire national debt during his Administration alone?!?

Nah, man...take a few puffs of this 'snowflake' crack, and you will believe it, too.

 

[Trump.Stamped]

Cut unneeded spending. There, that was simple.

 

[Slade3200]

Tax cuts do not have to pay for themselves since they cost nothing to begin with

22% of GDP ...

... Ouch!

tax cuts do not cost anything

I can't make it any simpler than that

What are you talking about about? Taxs are the governments primary source of revenue, they are the balancing factor that determines our debt and deficit. If your paycheck gets cut in half does that make a difference in your lifestyle? Economics 101 dude

 

[Slade3200]

Yah, infrastructure and militaries come cheap.

They come infinitely cheaper than the over $1 trillion per year in idiotic, unconstitutional, left-wing social spending. Get rid of that and all of our debt problems are instantly solved.

1 Trillion in left wing spending? Really? What comprises the majority of that 1 trillion left wing spending? Please tell us

 

[brummelben]

Yowza!

Maybe, not so much ....

Fiscal FactCheck: How Much Will Trump's Tax Plan Cost?

So wait....you're frilly little panties are in a bunch about $6 trillion over 10 years but you celebrated Barack Obama adding $10 trillion over 8 years?!?

why do you lie, hand job?

 

[P@triot]

So wait....you're frilly little panties are in a bunch about $6 trillion over 10 years but you celebrated Barack Obama adding $10 trillion over 8 years?!?

Be specific ... Which of Obama's policies are responsible for this increase?

• The American Recovery and Reinvestment Act

• The Omnibus Bill

• Obamacare

• The GM bailout

• The Chrysler bailout

• The Wall Street bailout

• The Obama phone

• Cash for Clunkers

• Obama golfing

• Obama family vacations

• His FBI spent $1.5 million to help Hollywood accurately depict the agency

• His State Department spent $630,000 to buy “likes” on Facebook.

Would you like me to continue? Are you ready to embrace reality now?

 

[P@triot]

Yowza!

Maybe, not so much ....

Fiscal FactCheck: How Much Will Trump's Tax Plan Cost?

So wait....you're frilly little panties are in a bunch about $6 trillion over 10 years but you celebrated Barack Obama adding $10 trillion over 8 years?!?

why do you lie, hand job?

Why do you falsely accuse people of lying, snowflake? You couldn't even point out what was a lie and back it up. That proves you know you are the one lying.

 

[P@triot]

Yah, infrastructure and militaries come cheap.

They come infinitely cheaper than the over $1 trillion per year in idiotic, unconstitutional, left-wing social spending. Get rid of that and all of our debt problems are instantly solved.

1 Trillion in left wing spending? Really? What comprises the majority of that 1 trillion left wing spending? Please tell us

I've highlighted the key phrase for you in red since you apparently missed it. If you're still confused - ask me again.

 

[brummelben]

Yowza!

Maybe, not so much ....

Fiscal FactCheck: How Much Will Trump's Tax Plan Cost?

So wait....you're frilly little panties are in a bunch about $6 trillion over 10 years but you celebrated Barack Obama adding $10 trillion over 8 years?!?

why do you lie, hand job?

Why do you falsely accuse people of lying, snowflake? You couldn't even point out what was a lie and back it up. That proves you know you are the one lying.

Prove you aren't lying hand job. Show us exactly how a President spends money. If you can't they you are the phyucking liar

 

[brummelben]

Yah, infrastructure and militaries come cheap.

They come infinitely cheaper than the over $1 trillion per year in idiotic, unconstitutional, left-wing social spending. Get rid of that and all of our debt problems are instantly solved.

1 Trillion in left wing spending? Really? What comprises the majority of that 1 trillion left wing spending? Please tell us

I've highlighted the key phrase for you in red since you apparently missed it. If you're still confused - ask me again.

How is social spending unconstitutional, asshole?????

 

[brummelben]

Yowza!

Maybe, not so much ....

Fiscal FactCheck: How Much Will Trump's Tax Plan Cost?

So wait....you're frilly little panties are in a bunch about $6 trillion over 10 years but you celebrated Barack Obama adding $10 trillion over 8 years?!?

why do you lie, hand job?

Why do you falsely accuse people of lying, snowflake? You couldn't even point out what was a lie and back it up. That proves you know you are the one lying.

Prove you aren't lying hand job. Show us exactly how a President spends money. If you can't they you are the phyucking liar

still waiting

 

[P@triot]

Yes dummy it ABSOLUTELY HAS A COST

No, stupid, it doesn't. That's ignorant left-wing propaganda that you're actually dumb enough to buy into.

If we reduced taxes to a grand total of $1 but spent $0 - would there be a deficit? Cost, debt, deficit, etc. can only come from spending, you dimwit. Good grief, what grade did you drop out of school?!?

 

[brummelben]

Yes dummy it ABSOLUTELY HAS A COST

No, stupid, it doesn't. That's ignorant left-wing propaganda that you're actually dumb enough to buy into.

If we reduced taxes to a grand total of $1 but spent $0 - would there be a deficit? Cost, debt, deficit, etc. can only come from spending, you dimwit. Good grief, what grade did you drop out of school?!?

Still waiting, Einstein

 

[toomuchtime_]

Tax cuts do not have to pay for themselves since they cost nothing to begin with

22% of GDP ...

... Ouch!

tax cuts do not cost anything

I can't make it any simpler than that

What are you talking about about? Taxs are the governments primary source of revenue, they are the balancing factor that determines our debt and deficit. If your paycheck gets cut in half does that make a difference in your lifestyle? Economics 101 dude

Tax revenues are determined in part by the tax rate and in part by the tax base. The argument is that a lower corporate tax will induce US companies to stay here and some foreign companies to incorporate here, creating more jobs and expanding the tax base, so it is impossible to say at this time if total federal tax revenues will increase of decrease because of the tax reforms proposed by the President.