PJ, revenue went up because of the tax cuts. That means that the problem is spending.
PJ, revenue went up because of the tax cuts. That means that the problem is spending.
Do corporations actually pay taxes? Or do they pass those taxes on to their customers?
More data coming in. It turns out Larry Kudlow was off just a tiny bit. Instead of the corporate tax cut yielding $4000 dollars of trickledown bonuses to workers on average....the actual amount was $28 on average. Thats more than 99% less than the predicited amount.
Well that's a bummer !
But on the bright side - the tax cuts did pay for themselves. Just ask Boilerman.
PJ has never seen a President Trump success story that he could not disparage.
Originally posted by: PJ Stroh
More data coming in. It turns out Larry Kudlow was off just a tiny bit. Instead of the corporate tax cut yielding $4000 dollars of trickledown bonuses to workers on average....the actual amount was $28 on average. Thats more than 99% less than the predicited amount.
Well that's a bummer !
But on the bright side - the tax cuts did pay for themselves. Just ask Boilerman.
Didn't PJ and other Libs assure use that a tax cut would cause further national debt?
You bet you're ass we did ! And we were right. And we were right when Bush did it too.
And PJ's Daddy did what to reduce the national debt?
Originally posted by: PJ Stroh
You bet you're ass we did ! And we were right. And we were right when Bush did it too.
Yet revenues increased, which PJ told us wouldn't happen. More revenues translate to less debt, doesn't it? I could be confused, since I don't use the the new Liberal math.
Originally posted by: Boilerman
Yet revenues increased, which PJ told us wouldn't happen. More revenues translate to less debt, doesn't it? I could be confused, since I don't use the the new Liberal math.
Individual taxation revenue increased but corporate tax revenue is way down which is inline with what I said all along. Namely, a lot of middle class taxpayers financed the tax cuts for the wealthy and corporations.
i am sure when the data is available you will find the % of taxes paid by the evil top 1% went up.