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Business investments happened during the year. Employment went up during the year. No time to see full affect. Tax cut was immediate.

Posted by: PhoneHome on Jun 02, 09:27 in response to professor zovek's post but all the supply-side bull**** that GOP's been peddling...

Ridiculous to draw conclusion before one full year. Even so, Tax revenues were up year over year, so your premise is wrong.

corporations screwed US taxpayers out of an extra $91b in revenue in 2018 under the GOP tax scam bill professor zovek Jun 01, 15:39

"corporations lowered their effective tax rate to just 7% — the lowest since 1947" {nm} professor zovek Jun 01, 15:39

Yes, Captain Obvious, the tax rate was lowered on business. And it was a roaring success! More people are working, the economy is booming! {nm} PhoneHome Jun 02, 04:12

Obama could have said, more people are working than ever before in 2014, 2015 and 2016. More people are working than ever before tatoufan Jun 02, 07:36

But Obama could not say fewer people are unemployed than in the last 49 years. No trick wording needed. The economy is booming, period. {nm} PhoneHome Jun 02, 07:54

I said, Obama could have said, more people are working than ever before in 2014, 2015 and 2016 (because it was true). tatoufan Jun 02, 08:33

I think the trade wars will eventually force better deals for the US and provide security for a strong US economy for years to come. {nm} PhoneHome Jun 03, 07:31

lol {nm} professor zovek Jun 03, 10:55

but all the supply-side bull**** that GOP's been peddling for 50 years says that if you lower rates, tax revenues will actually increase professor zovek Jun 02, 08:51

Business investments happened during the year. Employment went up during the year. No time to see full affect. Tax cut was immediate. PhoneHome Jun 02, 09:27

the federal deficit has exploded since the GOP tax scam because it blew a hole in revenues, just like Kansas professor zovek Jun 02, 09:35

Making it up as you go. Simply untrue. 4% increase compared to Obama 9.8%, 8.6, 8.3, 6.7%. That was explode. 2018 Highest tax revenue ever. {nm} PhoneHome Jun 02, 22:38

Deficit by year including Obama super-explosion years PhoneHome Jun 03, 05:54

From 1980 to 90 revenues doubled. Again from 1990 to 2000. From 2006 to 2016 they went up <40%. {nm} forlorne Jun 03, 14:07

Obama could have said, "more people are working than ever before in 2014, 2015 and 2016." Since it was true. tatoufan Jun 02, 07:38

correct. the job gains started in 2010 and have increased steadily ever since. like his daddy's tax fraud money, POTUS just inherited them professor zovek Jun 02, 08:49

Yep, he's a fraud. And can't take all the credit for job growth. {nm} tatoufan Jun 02, 09:12

It's clear this is personal for you and I actually get that. Trump is an egotistical a$$. But the policy is sound. It has, and will continue PhoneHome Jun 02, 09:29

Tax revs may be huge in 2019, but corporations will pass on their tax burden to consumers who will foot the bill. {nm} tatoufan Jun 02, 09:59

Historically in the US higher taxes on the wealthy and corporations have lead to (inside) DTravel Jun 02, 10:44

Personal? not here. {nm} tatoufan Jun 02, 12:04





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