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I'm beginning to get flashbacks from the outrage on my side concerning this tax bill. The world isn't going to end and the economy isn't going to implode. I'm not in favor of this tax cut, but calm down.
As I said in another thread, having it pass is fine with me. After a year or two when it's apparent it has little or no effect on the economy and we continue to get, like, 2% GDP growth, same as the last several years, then it'll be a great lesson that tax cuts do little or nothing to help the economy.
I have never been stressed when my taxes were lowered.
Obama raised taxes and the national debt more than any president in history. So anyone who is concerned about taxes going up should rest easy knowing that the worst is behind us.
I have never been stressed when my taxes were lowered.
Obama raised taxes and the national debt more than any president in history. So anyone who is concerned about taxes going up should rest easy knowing that the worst is behind us.
I heard Ted Cruz go on about how Reagan's tax cuts did miracles with the economy, but people should ask why there was a need to lower then again in 2002, and why there is a need now. Today's tax rates are much lower than they were after Reagan's cuts, which proves the benefits are temporary at best. Obama extended Bush tax cuts, so the claim about him raising taxes is a myth. The other myth is him raising the debt, because only Congress can do that, and we had GOP Congress 6 out of the 8 years.
If any cuts are made, they have to be balanced with spending cuts, and in this case they are not. This is an irresponsible move. Also, the economy is doing fine, so how do you explain the timing of this 'stimulus'?
Temporary measures are like peeing in your pants in the cold. It feels nice and warm for a while, but soon it will be far worse than it was before you peed.
If any cuts are made, they have to be balanced with spending cuts, and in this case they are not. This is an irresponsible move. Also, the economy is doing fine, so how do you explain the timing of this 'stimulus'?
another campaign promise being kept assuming the bill gets to his desk
I'm cool with it. More money in my pocket since my family is dual income in a high COL area. Less money in most Trump voters pockets. And never again can the right claim to care about the deficit.
I heard Ted Cruz go on about how Reagan's tax cuts did miracles with the economy, but people should ask why there was a need to lower then again in 2002, and why there is a need now. Today's tax rates are much lower than they were after Reagan's cuts, which proves the benefits are temporary at best. Obama extended Bush tax cuts, so the claim about him raising taxes is a myth. The other myth is him raising the debt, because only Congress can do that, and we had GOP Congress 6 out of the 8 years.
If any cuts are made, they have to be balanced with spending cuts, and in this case they are not. This is an irresponsible move. Also, the economy is doing fine, so how do you explain the timing of this 'stimulus'?
Temporary measures are like peeing in your pants in the cold. It feels nice and warm for a while, but soon it will be far worse than it was before you peed.
Lol. Yeah--those Bush tax cuts sure did wonders for the economy and jobs didn't they?
I remember him praising those 'job creators' back then. I also remember the massive layoffs and economic recession that came a few years later.
I have never been stressed when my taxes were lowered.
Obama raised taxes and the national debt more than any president in history. So anyone who is concerned about taxes going up should rest easy knowing that the worst is behind us.
Part of the reason the debt went up under Obama was that he put the invasion of Iraq on the books. The invaders had it down as an off budget item.
Who knows what will be in it when it is finally put together and read? Heard on mainstream radio that they Ds have no copy. They are getting their info from the lobbyists.
But if property taxes and local sales taxes for Texas are in, I'm good.
Just waiting for all that offshore money to repatriate.
If some goes to dividends, I'm happy.
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