What's the scariest thing about the tax reform for you Lefties?

[hadit]

Yes we are concerned about the debt . The economy is doing well, how’s when you should address the debt .

Obama had to deal wh a depression which calls for more gov services and less gov revenues . We now have the opposite.

What happened to the gop fiscal responsibility? The irony , trump signs a big tax cut the day before the government ran out money . The Gop is a fraud .

Obama hauled in record revenue for several yrs

And also had to deal wh a Great Depression . His last few years saw declining deficits .

Sorry, but Obama didn't deal with a depression, great or otherwise.

 

[Toddsterpatriot]

Yes we are concerned about the debt . The economy is doing well, how’s when you should address the debt .

Obama had to deal wh a depression which calls for more gov services and less gov revenues . We now have the opposite.

What happened to the gop fiscal responsibility? The irony , trump signs a big tax cut the day before the government ran out money . The Gop is a fraud .

Obama hauled in record revenue for several yrs

And also had to deal wh a Great Depression . His last few years saw declining deficits .

And also had to deal wh a Great Depression .

The recession ended in June 2009. What Depression are you talking about?

 

[2aguy]

Are you genuinely concerned about the national debt?
Will it translate to less free shit for bottom feeders?
Less free shit for illegal Mexicans?
This is a serious question....what has you most concerned? Why not be happy for your fellow Americans that will benefit? Why is that so far-fetched for you?

There are two things....

1) it will work

2) people will keep more of the money they earn.

 

[Timmy]

Yes we are concerned about the debt . The economy is doing well, how’s when you should address the debt .

Obama had to deal wh a depression which calls for more gov services and less gov revenues . We now have the opposite.

What happened to the gop fiscal responsibility? The irony , trump signs a big tax cut the day before the government ran out money . The Gop is a fraud .

Obama hauled in record revenue for several yrs

And also had to deal wh a Great Depression . His last few years saw declining deficits .

And also had to deal wh a Great Depression .

The recession ended in June 2009. What Depression are you talking about?

Tomato / tomaaaato!

 

[Hum Dinger]

Liberals are scared of the tax cuts because of one thing:

The Realities of Economics!

This tax reform is the resurrection of supply-side/trickle-down economics, which have repeatedly been tried and repeatedly failed. It failed when Hoover did it, it failed when Reagan did and it failed when G.W. Bush did it. Reagan counterbalanced and camouflaged the failure by ballooning the deficit and pouring billions into the military industrial complex - a very Keynesian way of responding to the failure he caused. The 'trickle-down' part never happened at all.

Here's why supply-side doesn't work:

People hate risk!

Investments are rated as a balance of risk vs. potential profitability. As taxes are reduced, profitability effective increases. This means that investors will opt for lower risk investments - they can achieve their profit goals while accepting less risk. However, higher risk investments are the type that creates jobs and in many cases whole new industries. Low risk investments are in steady-state, low growth industries.

So despite the fact that lower taxes make it possible for investors to create economic growth, the reality is that they do not need to create economic growth - they opt to invest in lower risk investments - and the economy goes into a downward spiral.

History has shown that during periods of high taxation there is high economic growth. That's because investors MUST invest in higher risk venture in order to meet their profit goals.

Of course, MOST wealthy investors WANT lower risk investments with the higher effective profitability. They could care less about the economy as a whole or the state of average working Americans.

That's why they continue to push the BIG LIE called supply-side economics.

This tax reform is the resurrection of supply-side/trickle-down economics, which have repeatedly been tried and repeatedly failed. It failed when Hoover did it,

Hoover tried supply-side? Link?

My mistake, Hoover did not cut taxes. However, that's a very, very minor point to my argument. If you can't come up with anything more substantial to contradict my argument, you've conceded that I am correct.

 

[Toddsterpatriot]

Liberals are scared of the tax cuts because of one thing:

The Realities of Economics!

This tax reform is the resurrection of supply-side/trickle-down economics, which have repeatedly been tried and repeatedly failed. It failed when Hoover did it, it failed when Reagan did and it failed when G.W. Bush did it. Reagan counterbalanced and camouflaged the failure by ballooning the deficit and pouring billions into the military industrial complex - a very Keynesian way of responding to the failure he caused. The 'trickle-down' part never happened at all.

Here's why supply-side doesn't work:

People hate risk!

Investments are rated as a balance of risk vs. potential profitability. As taxes are reduced, profitability effective increases. This means that investors will opt for lower risk investments - they can achieve their profit goals while accepting less risk. However, higher risk investments are the type that creates jobs and in many cases whole new industries. Low risk investments are in steady-state, low growth industries.

So despite the fact that lower taxes make it possible for investors to create economic growth, the reality is that they do not need to create economic growth - they opt to invest in lower risk investments - and the economy goes into a downward spiral.

History has shown that during periods of high taxation there is high economic growth. That's because investors MUST invest in higher risk venture in order to meet their profit goals.

Of course, MOST wealthy investors WANT lower risk investments with the higher effective profitability. They could care less about the economy as a whole or the state of average working Americans.

That's why they continue to push the BIG LIE called supply-side economics.

This tax reform is the resurrection of supply-side/trickle-down economics, which have repeatedly been tried and repeatedly failed. It failed when Hoover did it,

Hoover tried supply-side? Link?

My mistake, Hoover did not cut taxes. However, that's a very, very minor point to my argument. If you can't come up with anything more substantial to contradict my argument, you've conceded that I am correct.

My mistake, Hoover did not cut taxes. However, that's a very, very minor point to my argument.

Hoover had massive tax hikes.
Did that stop the depression?

If you can't come up with anything more substantial to contradict my argument

Harding/Coolidge slashed taxes, the economy boomed.
JFK/LBJ slashed taxes, the economy boomed.
Reagan slashed taxes, the economy boomed.

 

[bendog]

Are you genuinely concerned about the national debt?
Will it translate to less free shit for bottom feeders?
Less free shit for illegal Mexicans?
This is a serious question....what has you most concerned? Why not be happy for your fellow Americans that will benefit? Why is that so far-fetched for you?

That the gop isn't doing tax "reform." And I've been voting goper since you carried the stars and bars, loser

 

[The Original Tree]

Yes we are concerned about the debt . The economy is doing well, how’s when you should address the debt .

Obama had to deal wh a depression which calls for more gov services and less gov revenues . We now have the opposite.

What happened to the gop fiscal responsibility? The irony , trump signs a big tax cut the day before the government ran out money . The Gop is a fraud .

Quit Lying. Obama added 11 Trillion to the National Debt.
The WORST Projections is that President Trump may only add 1 Trillion to it, but if the economy takes off, that 1 Trillion over 10 years becomes a Surplus.

No Lefty In Hell ever protested Obama's 11 Billion Dollar Boondoggle and Gifts to his friends.

Since the Left only cares about Power and finding a way to destroy America and implement Global Socialism, this above all is why they hate The Tax Cuts.

They are trembling in fear at the thought of Government Growth slowing, and people becoming more financially independent.

 

[The Original Tree]

Are you genuinely concerned about the national debt?
Will it translate to less free shit for bottom feeders?
Less free shit for illegal Mexicans?
This is a serious question....what has you most concerned? Why not be happy for your fellow Americans that will benefit? Why is that so far-fetched for you?

The one foreign idea to all the Leftards here is that a tax cut is merely letting others keep money that was theirs to begin with! I mean: IT'S THEIR MONEY! While the GOP has raised more national debt over the years until Obama came along, Trump is perhaps proving that he's not a cookie cutter republican. Bottom line is that leaving money in the hands of its people does far more good for the economy because much more of it goes TO the economy; with the government, they are lucky if 10% makes it to the economy, often picked in the worst way, the other 90% lost to government theft, waste and corruption.

THE REAL ISSUE HERE isn't the need to boost taxes to feed the fat, bloated government, it is the need of a fat, bloated government to trim itself to fit our economy! Trump's cutting our taxes is but yet one more step in choking off the massively inflated and self-important federal fat cats.

Hey , why not have zero taxes ! The gov can run on smiles and sunshine !

Reality check . The gov needs money to run. You think those jet flyovers over football games are free? We also have a big debt that needs to be addressed .

How about we address spending and pay stuff off at the same time ?

Most Leftists do pay ZERO in taxes. 47% of Americans pay NO Taxes and 98% of them are Democrats.

 

[danielpalos]

End our wars on crime, drugs, and terror to end our income tax, or stop whining about taxes, right wingers.

 

[Timmy]

Are you genuinely concerned about the national debt?
Will it translate to less free shit for bottom feeders?
Less free shit for illegal Mexicans?
This is a serious question....what has you most concerned? Why not be happy for your fellow Americans that will benefit? Why is that so far-fetched for you?

The one foreign idea to all the Leftards here is that a tax cut is merely letting others keep money that was theirs to begin with! I mean: IT'S THEIR MONEY! While the GOP has raised more national debt over the years until Obama came along, Trump is perhaps proving that he's not a cookie cutter republican. Bottom line is that leaving money in the hands of its people does far more good for the economy because much more of it goes TO the economy; with the government, they are lucky if 10% makes it to the economy, often picked in the worst way, the other 90% lost to government theft, waste and corruption.

THE REAL ISSUE HERE isn't the need to boost taxes to feed the fat, bloated government, it is the need of a fat, bloated government to trim itself to fit our economy! Trump's cutting our taxes is but yet one more step in choking off the massively inflated and self-important federal fat cats.

Hey , why not have zero taxes ! The gov can run on smiles and sunshine !

Reality check . The gov needs money to run. You think those jet flyovers over football games are free? We also have a big debt that needs to be addressed .

How about we address spending and pay stuff off at the same time ?

Most Leftists do pay ZERO in taxes. 47% of Americans pay NO Taxes and 98% of them are Democrats.

Now that’s a lie !

 

[Timmy]

Yes we are concerned about the debt . The economy is doing well, how’s when you should address the debt .

Obama had to deal wh a depression which calls for more gov services and less gov revenues . We now have the opposite.

What happened to the gop fiscal responsibility? The irony , trump signs a big tax cut the day before the government ran out money . The Gop is a fraud .

Quit Lying. Obama added 11 Trillion to the National Debt.
The WORST Projections is that President Trump may only add 1 Trillion to it, but if the economy takes off, that 1 Trillion over 10 years becomes a Surplus.

No Lefty In Hell ever protested Obama's 11 Billion Dollar Boondoggle and Gifts to his friends.

Since the Left only cares about Power and finding a way to destroy America and implement Global Socialism, this above all is why they hate The Tax Cuts.

They are trembling in fear at the thought of Government Growth slowing, and people becoming more financially independent.

And how exactly did he add 11 trillion ? Did he start two unfunded wars, for example ?

 

[WaitingFor2020]

Are you genuinely concerned about the national debt?
Will it translate to less free shit for bottom feeders?
Less free shit for illegal Mexicans?
This is a serious question....what has you most concerned? Why not be happy for your fellow Americans that will benefit? Why is that so far-fetched for you?

What's the scariest thing about the tax reform for you Lefties?
The thought that you righties aren't going to wake up before Trump screws us all.

 

[WaitingFor2020]

Yes we are concerned about the debt . The economy is doing well, how’s when you should address the debt .

Obama had to deal wh a depression which calls for more gov services and less gov revenues . We now have the opposite.

What happened to the gop fiscal responsibility? The irony , trump signs a big tax cut the day before the government ran out money . The Gop is a fraud .

Quit Lying. Obama added 11 Trillion to the National Debt.
The WORST Projections is that President Trump may only add 1 Trillion to it, but if the economy takes off, that 1 Trillion over 10 years becomes a Surplus.

No Lefty In Hell ever protested Obama's 11 Billion Dollar Boondoggle and Gifts to his friends.

Since the Left only cares about Power and finding a way to destroy America and implement Global Socialism, this above all is why they hate The Tax Cuts.

They are trembling in fear at the thought of Government Growth slowing, and people becoming more financially independent.

And how exactly did he add 11 trillion ? Did he start two unfunded wars, for example ?

Or oversee the biggest financial crisis since 1929?

 

[hadit]

End our wars on crime, drugs, and terror to end our income tax, or stop whining about taxes, right wingers.

Oh, stop.

 

[Hum Dinger]

Liberals are scared of the tax cuts because of one thing:

The Realities of Economics!

This tax reform is the resurrection of supply-side/trickle-down economics, which have repeatedly been tried and repeatedly failed. It failed when Hoover did it, it failed when Reagan did and it failed when G.W. Bush did it. Reagan counterbalanced and camouflaged the failure by ballooning the deficit and pouring billions into the military industrial complex - a very Keynesian way of responding to the failure he caused. The 'trickle-down' part never happened at all.

Here's why supply-side doesn't work:

People hate risk!

Investments are rated as a balance of risk vs. potential profitability. As taxes are reduced, profitability effective increases. This means that investors will opt for lower risk investments - they can achieve their profit goals while accepting less risk. However, higher risk investments are the type that creates jobs and in many cases whole new industries. Low risk investments are in steady-state, low growth industries.

So despite the fact that lower taxes make it possible for investors to create economic growth, the reality is that they do not need to create economic growth - they opt to invest in lower risk investments - and the economy goes into a downward spiral.

History has shown that during periods of high taxation there is high economic growth. That's because investors MUST invest in higher risk venture in order to meet their profit goals.

Of course, MOST wealthy investors WANT lower risk investments with the higher effective profitability. They could care less about the economy as a whole or the state of average working Americans.

That's why they continue to push the BIG LIE called supply-side economics.

This tax reform is the resurrection of supply-side/trickle-down economics, which have repeatedly been tried and repeatedly failed. It failed when Hoover did it,

Hoover tried supply-side? Link?

My mistake, Hoover did not cut taxes. However, that's a very, very minor point to my argument. If you can't come up with anything more substantial to contradict my argument, you've conceded that I am correct.

My mistake, Hoover did not cut taxes. However, that's a very, very minor point to my argument.

Hoover had massive tax hikes.
Did that stop the depression?

If you can't come up with anything more substantial to contradict my argument

Harding/Coolidge slashed taxes, the economy boomed.
JFK/LBJ slashed taxes, the economy boomed.
Reagan slashed taxes, the economy boomed.

Reagan slashed taxes? Yes, but then he effectively raised taxes on corporations and the wealthy:

Tax Reform Act of 1986 - Wikipedia

While doing this he initialed massive government spending and ballooned the federal deficit. So attributing any economic boom (which wasn't all that much of a boom), to his tax cuts is nonsense.

The Kennedy/Johnson tax cuts - which were directed a primarily at individuals, not corporations, was the right thing to do at the right time. With a low federal deficit it was time to lower taxes - for individuals - and increase consumer spending.

Revenue Act of 1964 - Wikipedia

The problem with conservatives (among many, many other things) is that they believe that tax cuts are ALWAYS the right thing. Tax cuts are their religion. There is a time for tax cuts - when the federal deficit is low and the economy is in good shape. First you pay down the debt, then if the economy allows it, you cut taxes.

Unfortunately, Conservatives don't understand this - or just don't care. They NEVER will pay down the deficit because they keep giving tax cuts whenever the economy appears to be O.K. (and a lot of times when it isn't). This is the formula for an economic disaster.

First you pay down the deficit, then you give tax cuts. First you cut taxes for working people, then for corporations and finally for the wealthy.

 

[Toddsterpatriot]

Liberals are scared of the tax cuts because of one thing:

The Realities of Economics!

This tax reform is the resurrection of supply-side/trickle-down economics, which have repeatedly been tried and repeatedly failed. It failed when Hoover did it, it failed when Reagan did and it failed when G.W. Bush did it. Reagan counterbalanced and camouflaged the failure by ballooning the deficit and pouring billions into the military industrial complex - a very Keynesian way of responding to the failure he caused. The 'trickle-down' part never happened at all.

Here's why supply-side doesn't work:

People hate risk!

Investments are rated as a balance of risk vs. potential profitability. As taxes are reduced, profitability effective increases. This means that investors will opt for lower risk investments - they can achieve their profit goals while accepting less risk. However, higher risk investments are the type that creates jobs and in many cases whole new industries. Low risk investments are in steady-state, low growth industries.

So despite the fact that lower taxes make it possible for investors to create economic growth, the reality is that they do not need to create economic growth - they opt to invest in lower risk investments - and the economy goes into a downward spiral.

History has shown that during periods of high taxation there is high economic growth. That's because investors MUST invest in higher risk venture in order to meet their profit goals.

Of course, MOST wealthy investors WANT lower risk investments with the higher effective profitability. They could care less about the economy as a whole or the state of average working Americans.

That's why they continue to push the BIG LIE called supply-side economics.

This tax reform is the resurrection of supply-side/trickle-down economics, which have repeatedly been tried and repeatedly failed. It failed when Hoover did it,

Hoover tried supply-side? Link?

My mistake, Hoover did not cut taxes. However, that's a very, very minor point to my argument. If you can't come up with anything more substantial to contradict my argument, you've conceded that I am correct.

My mistake, Hoover did not cut taxes. However, that's a very, very minor point to my argument.

Hoover had massive tax hikes.
Did that stop the depression?

If you can't come up with anything more substantial to contradict my argument

Harding/Coolidge slashed taxes, the economy boomed.
JFK/LBJ slashed taxes, the economy boomed.
Reagan slashed taxes, the economy boomed.

Reagan slashed taxes? Yes, but then he effectively raised taxes on corporations and the wealthy:

Tax Reform Act of 1986 - Wikipedia

While doing this he initialed massive government spending and ballooned the federal deficit. So attributing any economic boom (which wasn't all that much of a boom), to his tax cuts is nonsense.

The Kennedy/Johnson tax cuts - which were directed a primarily at individuals, not corporations, was the right thing to do at the right time. With a low federal deficit it was time to lower taxes - for individuals - and increase consumer spending.

Revenue Act of 1964 - Wikipedia

The problem with conservatives (among many, many other things) is that they believe that tax cuts are ALWAYS the right thing. Tax cuts are their religion. There is a time for tax cuts - when the federal deficit is low and the economy is in good shape. First you pay down the debt, then if the economy allows it, you cut taxes.

Unfortunately, Conservatives don't understand this - or just don't care. They NEVER will pay down the deficit because they keep giving tax cuts whenever the economy appears to be O.K. (and a lot of times when it isn't). This is the formula for an economic disaster.

First you pay down the deficit, then you give tax cuts. First you cut taxes for working people, then for corporations and finally for the wealthy.

Reagan slashed taxes?

Sure did.
Liberals have been whining about it since 1981.

The problem with conservatives (among many, many other things) is that they believe that tax cuts are ALWAYS the right thing

Yup. Cut those taxes. Cut 'em good.

 

[AntonToo]

Are you genuinely concerned about the national debt?

Yes, that and millions more uninsured.

If this give-away was a free lunch very few would be against it.