Economy Trump tax cuts 6 months later: it was exactly what critics projected - everyone but the rich suffers

[Jack V Savage]

Did you even read the OP?

He said:
(1) He would raise taxes on the rich - he didn't
(2) He would not benefit from his tax policy - he did
(3) Workers' wages would increase - they didn't
(4) Lucrative tax loopholes would be closed - they weren't
(5) International corporations would pay more in taxes after the changes - they are paying less
(6) The budget would perform better than CBO predictions - it performed worse

Come on, man.

Objective reality doesn't get any play in these people's brains. Any facts that contradict the gov't narrative are not seen as trustworthy *because* they contradict the gov't narrative. We've seen this before, though it is sad to see it in America.

 

[Queen B]

I got $1000 bonus and and an increase of $50 per paycheck (bi-weekly).

They taxed the shit out of the $1000 though. I got like $320 in my bank from that

 

[Trotsky]

1. I don't care about the rich I care about myself.
2. Again that's your hang-up not mine
3. I'm a small business owner and I have given my employees all raises since the tax cut
4. Again that's your hang-up not mine
5. It's too early to tell how this is going to shake out on this point.
6. This is not because of the tax cuts it's because of the idiotic spending bill that Trump did sign.
Most conservatives do not think that Trump is the end-all-be-all. But he is moving in the direction that many other politicians on the conservative side have promised and not delivered. That's why his base is growing not because everyone loves him and believes everything he says but because of his actions.

You said "he did what he said he did."

I provided otherwise.

You then changed your position to "okay, yeah he lied, but I don't care."

 

[IReallyDoTrainUFC]

How much taxes do the top earners pay?

 

[IReallyDoTrainUFC]

How about this for an idea: no taxes. Taxation is theft.

 

[MicroBrew]

That is literally happening to no one in America.

No one's going to take your arguments seriously if you fill them with Chicken Little "the sky is falling" scenarios.

You aren't seriously saying you took that statement from him literally?
I mean it goes without saying that you can't "lease bread", assuming one is going to consume the bread , which is the point of getting bread.

 

[panamaican]

You aren't seriously saying you took that statement from him literally?
I mean it goes without saying that you can't "lease bread", assuming one is going to consume the bread , which is the point of getting bread.

Maybe they're returning the leased bread in it's post-consumption state? Like a used car?

Still a shitty deal...get it?

 

[Jack V Savage]

You said "he did what he said he did."

I provided otherwise.

You then changed your position to "okay, yeah he lied, but I don't care."

Yes. These people aren't evaluating policy and reaching a conclusion. The conclusion comes first, and then rationalization follows. Trump could literally rape Farmer's mother, and he'd be posting about how it was good policy. These people have no self-respect.

 

[NC252]

You said "he did what he said he did."

I provided otherwise.

You then changed your position to "okay, yeah he lied, but I don't care."

He said he was going to lower taxes he did. He said he was going to confirm a conservative judge to the Supreme Court he did. He said he was going to move the Israeli Embassy to Jerusalem he did. He said he would pull out of the Paris climate Accord he did. He said he would cut regulations he did. He said he would lower unemployment he did. He said he would bring back manufacturing jobs he did. He said he would increase military spending he did. He also promised a lot of other things he's been in office less than 2 years. Probably has six more. But one thing is for sure he will work to do what he promised to do whether you feel it is misguided or not. Unlike many other politicians who are all talk and no action his actions are making him more popular.

 

[oleDirtyBast4rd]

And you are stupid. Because you need to be explained this concept over and over again, despite it being both basic and firmly in the interest of you and your loved ones. But you would still gladly doom the fiscal sustainability and political viability of your country and plunge millions into squalor, just so you don't have to read about economics or learn how your conception of "fairness" is completely farcical and devoid of economic historical context.

That is a lot to type out just to admit you support an inherently unfair tax system. You can suggest it is necessary, but at least be hones about it...

 

[oleDirtyBast4rd]

I nominate ODB for the War Room's corporate caulk Deep Throat Award.

Because I think people that earned money deserve to keep it? Sheesh, how much of your check do you donate to the all loving government?

 

[NC252]

Yes. These people aren't evaluating policy and reaching a conclusion. The conclusion comes first, and then rationalization follows.

The Working Class People who pay for this country are all in favor of tax cuts and most don't give a s*** if a rich person got a tax cut too. Government is by the people for the people. Elections have consequences. Obama-era class Warfare is starting to be seen for the nonsense it is.

 

[Jack V Savage]

The Working Class People who pay for this country are all in favor of tax cuts and most don't give a s*** if a rich person got a tax cut too. Government is by the people for the people. Elections have consequences. Obama-era class Warfare is starting to be seen for the nonsense it is.

Regressive changes in the tax code necessarily redistribute income, meaning that the working class gets less. Remember that the economy is goods and services, not money.

 

[Fawlty]

The Working Class People who pay for this country are all in favor of tax cuts and most don't give a s*** if a rich person got a tax cut too. Government is by the people for the people. Elections have consequences. Obama-era class Warfare is starting to be seen for the nonsense it is.

This is compelling data

 

[JJSBUR]

And you are stupid. Because you need to be explained this concept over and over again, despite it being both basic and firmly in the interest of you and your loved ones. But you would still gladly doom the fiscal sustainability and political viability of your country and plunge millions into squalor, just so you don't have to read about economics or learn how your conception of "fairness" is completely farcical and devoid of economic historical context.

Where did you study econ at?

In the end it is stuff that has value, money is the lubricant for trade.

Oh, I am better off now, we will see if everyone pulls back including trump from some of the trade issues.

 

[NC252]

Regressive changes in the tax code necessarily redistribute income, meaning that the working class gets less. Remember that the economy is goods and services, not money.

I have four working-class employees that would beg to differ. They are all getting more hours than they were before and being paid more per hour than they were before. We barely survived through 8 years of Obama we are doing much better now.

 

[Ling Ling]

Anyone who disagrees is a dolt ! The following goals must be agreed with or you shall be called names and told how stupid you are !
1.Abolishing ownership of all private property
2.Establishing system of heavy taxation
3.Abolishing the right to inherit
4.Centralizing credit and establishment of a state bank
5.Centralizing communication and transport with the state
6.Confiscating all emigrant and rebel property
7.Extending the means of production to the state
8.Equalizing liability to all levels of labor
9.Combining agriculture and manufacturing industries
10.Establishing a free public education system
Reasonable and intelligent conservatives all agree with the aforementioned demands.

 

[NC252]

This is compelling data

I think you should have used irrefutable instead of compelling.

 

[Bamboozled]

Trotsky confirmed poor ass socialist.

Not surprised tbh

 

[Jack V Savage]

I have four working-class employees that would beg to differ. They are all getting more hours than they were before and being paid more per hour than they were before. We barely survived through 8 years of Obama we are doing much better now.

This has nothing to do with reality. Even the biggest supporter of the cuts (among economists) wouldn't argue that they've had a noticeable difference yet, and you're saying that in a little more than a year, these four anonymous people have gone from "barely surviving" to doing much better. That kind of blatant dishonesty (and stupidity, in that it's not even a plausible lie) doesn't do anything but show your inability to discuss the issue rationally and your unwillingness to discuss it honestly.

As I pointed out, the economy is goods and services. We don't get more goods and services with a tax cut (theoretically, some can increase the amount but not nearly as much as the size of the cut), so regressive changes leave the middle class worse off.