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Became a Dynasty Defender: Jun 3, 2002 11:49:19 GMT -5
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Post by ruppsrunt on Dec 5, 2019 9:31:03 GMT -5
TAX cuts generate MORE federal revenue. That is a fact proven by Kennedy tax cuts, Reagan tax cuts and TRUMP tax cuts. to ignore the fact that federal revenues have INCREASED greatly since the TRUMP tax cuts is to ignore reality. Corporate taxes are simply another "hidden" TAX on consumers of goods and services. Corporations do not PAY taxes--they COLLECT taxes for the gubment, since goods and services reflect the increase/decrease in corporate taxes. With the wonderful tax CUTS by TRUMP--total federal revenue increased , despite the handwringing and lies by the dems. www.investors.com/politics/editorials/trump-tax-cuts-federal-revenues-deficits/TAX CUTS increase federal revenues. rr |
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Became a Dynasty Defender: Apr 16, 2003 15:11:35 GMT -5
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Post by JD on Dec 5, 2019 10:35:57 GMT -5
What about the debt? The GOP'ers cried "debt" for 8 years under Obama. Now they have forgotten the word. But the debt keeps spiraling out of control.
But katman says trump has a fix but he's not going to use it until 2021.
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Became a Dynasty Defender: Dec 24, 2008 12:00:13 GMT -5
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Post by Streeter on Dec 5, 2019 10:45:54 GMT -5
What about the debt? The GOP'ers cried "debt" for 8 years under Obama. Now they have forgotten the word. But the debt keeps spiraling out of control. But katman says trump has a fix but he's not going to use it until 2021. katman had himself convinced that after Trump gets Re elected...... Central Banks will dissolve, and we will somehow go back to gold standard. Then again he thinks the earth is flat n Michele Obama was a man, moon landing was faked, an did I say he THINKS THE DAMN EARTH IS FLAT! |
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Became a Dynasty Defender: Sept 8, 2001 20:59:02 GMT -5
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Post by Katman on Dec 5, 2019 12:17:36 GMT -5
The DEBT JD refers to is the end result of the central banking system which in Trumps 2nd term will see its demise.
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Became a Dynasty Defender: Sept 8, 2001 20:59:02 GMT -5
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Post by Katman on Dec 5, 2019 12:23:23 GMT -5
TAX cuts generate MORE federal revenue. That is a fact proven by Kennedy tax cuts, Reagan tax cuts and TRUMP tax cuts. to ignore the fact that federal revenues have INCREASED greatly since the TRUMP tax cuts is to ignore reality. Corporate taxes are simply another "hidden" TAX on consumers of goods and services. Corporations do not PAY taxes--they COLLECT taxes for the gubment, since goods and services reflect the increase/decrease in corporate taxes. With the wonderful tax CUTS by TRUMP--total federal revenue increased , despite the handwringing and lies by the dems. www.investors.com/politics/editorials/trump-tax-cuts-federal-revenues-deficits/TAX CUTS increase federal revenues. rr Not only that, the 10's to 100's of BILLIONS of dollars of revenue being brought in to the U.S in trade tariffs prior to the implimentation of the USMCA will play into the hands of eliminating the Central Banking system which based on debt. That will end. Trump is setting up the trade deals. The return to a sound money system that we had prior to 1971 is the target. The petrol dollar is going down. The new dollar is coming. Own gold/silver Follow X22 Report on You Tube RR.  Trumps plan is pure genius. The man is pure genius. |
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Became a Dynasty Defender: Jun 3, 2002 11:49:19 GMT -5
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Post by ruppsrunt on Dec 5, 2019 12:36:14 GMT -5
DEBT is a result of OVER SPENDING. Revenues go up---dirty politicos from BOTH parties just spend more.
Also--the national federal debt is $23 trillion---just happens to be the amount spent(wasted) by gubment since 1965--the advent of the johnson "GREAT SOCIETY". yep--the national debt is the equivalent of the wasted welfare spent since 1965.
DEBT is now a result of over spending(as always)--not tax cuts that have generated MORE fed revenues.
rr
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Became a Dynasty Defender: Dec 24, 2008 12:00:13 GMT -5
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Post by Streeter on Dec 5, 2019 13:24:20 GMT -5
The DEBT JD refers to is the end result of the central banking system which in Trumps 2nd term will see its demise. can u provide a source for this or is this more Q lunacy? If ur source is Q X22 Planet X or whatever wacko other shit u read. Why not include that info so any newbie doesnt actually take ur babble seriously |
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Became a Dynasty Defender: Jan 9, 2006 11:37:14 GMT -5
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Post by houstoncat on Dec 5, 2019 13:47:08 GMT -5
The debt is because instead of living within the tax base congress decided to increase spending, revenue didn't keep up for outgoing and debt increases. The tremendous debt we see is due to the spending in the last 20 or so years (repub and dems) Increased taxes do not increase revenue as the additional revenue is used for more spending not debt retirement.
The same issue exists with the decreased taxes though revenue is up outgoing is still out of control. Balanced budget is the only way to decrease debt and it's rapidly getting to the point that might be impossible. History indicates that cutting taxes raises gubmint income as money is put back into the economy by the private sector with more hiring, new building, increased profit and though taxes are lower, increase revenue due to additional taxable income.
I agree the debt needs addressing but not by higher taxation, it means reducing gubmint spending and addressing all of the entitlements such as now the ACA and making it more affordable.
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Became a Dynasty Defender: Sept 8, 2001 20:59:02 GMT -5
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Post by Katman on Dec 5, 2019 17:56:46 GMT -5
The DEBT JD refers to is the end result of the central banking system which in Trumps 2nd term will see its demise. can u provide a source for this or is this more Q lunacy? If ur source is Q X22 Planet X or whatever wacko other shit u read. Why not include that info so any newbie doesnt actually take ur babble seriously President Trump mainly, X22 report breaks down political and financial. Who owns the news source you listen to? |
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Became a Dynasty Defender: Dec 24, 2008 12:00:13 GMT -5
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Post by Streeter on Dec 5, 2019 18:09:58 GMT -5
can u provide a source for this or is this more Q lunacy? If ur source is Q X22 Planet X or whatever wacko other shit u read. Why not include that info so any newbie doesnt actually take ur babble seriously President Trump mainly, X22 report breaks down political and financial. Who owns the news source you listen to? ok link something Trump said regarding he would do what u claim |
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Became a Dynasty Defender: Jan 9, 2006 11:37:14 GMT -5
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Post by houstoncat on Dec 5, 2019 19:59:07 GMT -5
So ,uch bs and spin the debt is x comingin y going out as a country eep increasing the in even with tax cuts but the out is so massive it creates the crushing debt. Balance budget decrease size of gubment
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Became a Dynasty Defender: Apr 16, 2003 15:11:35 GMT -5
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Post by JD on Dec 5, 2019 20:05:34 GMT -5
So ,uch bs and spin the debt is x comingin y going out as a country eep increasing the in even with tax cuts but the out is so massive it creates the crushing debt. Balance budget decrease size of gubment Reagan and Daddy W ran up more debt than every president combined from Washington thru Carter. Clinton balanced the budget and left W with a surplus. W got it right back to Reagan and Daddy numbers in no time. |
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Became a Dynasty Defender: Jan 9, 2006 11:37:14 GMT -5
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Post by houstoncat on Dec 5, 2019 21:10:57 GMT -5
Bush and obama ran the debt up more then all before obama more the all before it was on a rising path wiith bush. Gingrich congress balanced the budget clinton gets credit but it was gingrich contract with america. That being said bush 2 and obama raised it through the roof making it almost untenable.
None of these asshats have been great for the country
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Became a Dynasty Defender: Dec 24, 2008 12:00:13 GMT -5
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Post by Streeter on Dec 5, 2019 21:15:09 GMT -5
Clinton was great for the economy. Obama got us out of a financial crisis n left with the economy strong.
I hate most alot about Trump buy will say he has kept the economy at least running strong n continued the upward trend.
But to say Trump is this all time great POTUS financial wizard is idiocy. Clinton inherited garbage n turned it into a balanced budget n an economic boom. Obama inherited the worst financial crisis since the 30s n turned it into one of the best economies we have had.
Clinton n Obama were like Pitino n Cal inherited total shit n turned it into diamonds. Trump is like Tubby he inherited a gold mine.
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Became a Dynasty Defender: Jan 9, 2006 11:37:14 GMT -5
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Post by houstoncat on Dec 5, 2019 21:25:11 GMT -5
Geez streeter be baied out large companies. And the economy was meager far less then 2% groeth his norm was it aint gonna get better its the new norm. He was terrible look at your 401 k. Trumps economy works no matter what you think of him. Dems will tank it again if they get control. For that matter repubs aint really any better history wise. Clinton gingrich worked. Odd how they both got in trouble for illicitly dipping their wicks
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