HSX Forum
TVStocks, MusicStocks and Life
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%.
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