Thread: Taxes
View Single Post
Old 02-22-2019 | 09:29 AM
  #214  
gloopy
Gets Weekends Off
Liked
25M+ Airline Miles
Line Holder
Gets Weekends Off
 
Joined: Jul 2010
Posts: 12,823
Likes: 169
From: window seat
Default

Originally Posted by LumberJack
Trickle down economics don't work.

The tax cut was aimed at business and the wealthy.

The tax cut added to the national deficit.
Fake news. The wealthy don't pay ultra high rates, they divert and avoid (legally) more and more as the fantasy rates on paper go up. And businesses have never paid a penny in taxes and they never will; 100% of whatever they pay is paid by consumers. Even then, they don't pay 35% when the rest of the competitive world is half that or less. Tax reciepts are overflowing and breaking records. The problem is spending. If we could take spending to W's first year levels (we were still spending like drunken...W's...even back then, on EVERYthing including leftists pet projects) we'd have a trillion dollar a year surplus even now.

Command and control socialist economies fail 100% of the time and you and the collective aren't entitled to other people's money because we don't live in a democracy.
Reply