Trump's Tax Plan Will be BIGGER than Reagan's but . . .

The proper response to having a mistake pointed out (assuming it was an honest mistake) is "thank you, I'll correct that."

No, I bring it up because that quote completely destroyed your credibility, and you still haven't caught onto it.

Your comments about politics have less weight than Stevie Wonder's comments about paintings at an art gallery.
 
So.... suddenly fiscal conservativism, in discussions about positive economic growth, taxes, deficits, and GDP... is a good thing in the eyes of Democrats, Liberals, and Socialists?

I mention Socialists, because I'm going to remember this whenever Bernie Sanders is brought up in these discussions.

It depends on the individual, im liberal on social issues but centrist when it comes to the economy.

Im not particularly opposed to increasing social spending like Bernie does, as long as a way to finance said social spending with as little distortion as possibled is introduced to the markets. Im neither opposed to whatever Trump's tax cuts are as long as spending is cut to keep the deficit under control.
 
No, I bring it up because that quote completely destroyed your credibility, and you still haven't caught onto it.

Your comments about politics have less weight than Stevie Wonder's comments about paintings at an art gallery.

My comment was correct as I stated it. But what you're trying to do is use your tribalism to deflect from an objectively false claim you made.
 
My comment was correct as I stated it. But what you're trying to do is use your tribalism to deflect from an objectively false claim you made.

Sure, Jack.

Tribalism, sure.

And CNN is practically Rush Limbaugh.
 
@GearSolidMetal

Do you consider yourself a fiscal conservative? whats your position on the projected 7 trillion to be added to the debt?
 
Sure, Jack.

Tribalism, sure.

And CNN is practically Rush Limbaugh.

CNN's bothsidest bias and pro-ratings bias led to be biased toward Trump in the campaign and during his presidency. But that has nothing at all to do with your embarrassing misreading of the story in the OP, does it?
 
but centrist when it comes to the economy.

Which means absolutley nothing.

So are you in favor of raising taxes to increase the federal revenue?

Im not particularly opposed to increasing social spending like Bernie does, as long as a way to finance said social spending with as little distortion as possibled is introduced to the markets.
You are aware that Bernie's tax/spending plan was to increase spending by 13 Trillion, right?

Im neither opposed to whatever Trump's tax cuts are as long as spending is cut to keep the deficit under control.

Now here's something we can agree upon. But, let's be honest here. The Congress and Senate isn't going to give Trump any victories on tax reform, just like they haven't given him any major victories throughout the year.

Quote me on that, if I'm wrong.
 
CNN's bothsidest bias and pro-ratings bias led to be biased toward Trump in the campaign and during his presidency.

'bothsidest bias?'

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Which means absolutley nothing.

So are you in favor of raising taxes to increase the federal revenue?

Actually it does means that im willing to look at the pros and cons of each thing before giving my opinion.

Im not in favor of raising taxes for taxes sakes, im in favor of raising taxes if its to fund something that would have a positive effect on the economy and the welfare of people in general.

You are aware that Bernie's tax/spending plan was to increase spending by 13 Trillion, right?

No, im not a Bernie-bot.

I think he was the best option based on his honesty but economically, i think Hillary made the most sense.

Now here's something we can agree upon. But, let's be honest here. The Congress and Senate isn't going to give Trump any victories on tax reform, just like they haven't given him any major victories throughout the year.

Quote me on that, if I'm wrong.

Do you think cutting medicare or medicaid would be a victory? at this point there is little that can be cut to finance the tax cuts, specially if he also wants to raise military spending.
 
Reagan exploded the debt and deficit. He signed 11 tax hikes including the largest tax increase in American History to offset the tax revenue losses (shifting more of the burden to the middle class and poor). And now Trump promises to outdo him...

“First, revenue didn't double during Reagan's eight years. It increased by 65 percent, from $600 billion in 1981 to $990 billion in 1989 in nominal terms.

Second, Reagan's 1981 tax cut didn't increase tax revenue, explains Bruce Bartlett, a former economist and domestic policy adviser under Reagan. Inflation grew revenue, and population growth grew revenue, and economic expansion grew revenue, and tax increases grew revenue ("Ronald Reagan raised taxes 11 times, increasing revenues by $133 billion per year as of 1988 - about a third of the nominal revenue increase during Reagan's presidency").”
https://www.theatlantic.com/busines...r-reagan-and-they-wont-under-pawlenty/240616/

Can you Right Wingers see how you are being tooled by a conman and a party without conscience? Of course you can't. That's why you are obedient right wing slaves. You'll believe anything you're told. Tax cuts have never ever paid for themselves.

Remember: Cutting the tax revenue rate reduces tax revenue. "No" cries the deluded right winger, "business turns those tax savings into economic growth." Which is technically true in a very narrow sense, revenue is generated....but the growth never ever outstrips the loss of revenue had the rates not been reduced at all. Simple, honest, math my friends.

In the words of Milton Friedman (that Monetary Fascist), "There are no free lunches." ...except for tax cuts, right boys? hahahaha
3ccae69aca249f9ba608b0d1e542fe1d--federal-tax-tax-rate.jpg
 
Omg... I'm still laughing... 'Bothsidest Bias.'

Such a thing does exist. Think about guests on the news discussing climate change, for example.

Whether that is what Jack meant in the context of having pro Trump guests/views in terms of the bold faced lies and nonsense Trump spews, I'm not sure. But the concept itself is certainly real.
 
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