Trump: I'll cut taxes for the rich

[adrina]

https://www.facebook.com/video.php?v=1691103868364058

So... who thinks billionaires need more tax cuts?

After adding almost $8 trillion to the debt, what's a few more tax cuts among friends and donors... Right?

But he'll cut social security and medicare.

Fiscal responsibility?

 

[HisArpy]

Ok lookie, more of the same stupid false meme from the Left.

 

[schism666]

Ok lookie, more of the same stupid false meme from the Left.

what's false? the trickle down theory that your ignorant ass still believes in?

derp.

 

[adrina]

what's false? the trickle down theory that your ignorant ass still believes in?

derp.

Trump said it. Ergo it's a leftist meme.

In Derpyville.

Weird place to visit, wouldn't want to live there.

 

[stxjimmy]

Trump said it. Ergo it's a leftist meme.

In Derpyville.

Weird place to visit, wouldn't want to live there.

Derpyville great for entertainment but nowhere to settle.

 

[Philthy_Phil]

Ok lookie, more of the same stupid false meme from the Left.

It's funny how ignorant you are, rapey. Keep that head in the sand!

 

[schism666]

Trump said it. Ergo it's a leftist meme.

In Derpyville.

Weird place to visit, wouldn't want to live there.

considering derpy lives in an entirely different dimension, i don't think we're in danger of accidentally visiting.

 

[dmallord]

'Billionaires' in Trump's situation need all the tax breaks they can get. It will be a little too late to help with this year's taxes, but he can make up for that next year while filing more court cases against losing another stolen election.

 

[wizzard426]

Why not just end Social Security? Let me keep my money instead of it going into the general fund.

We could end the Income theft and The Fed while we are at it.

 

[schism666]

Why not just end Social Security? Let me keep my money instead of it going into the general fund.

We could end the Income theft and The Fed while we are at it.

yes, let's throw the economy into chaos for no good fucking reason.

 

[coati]

Why not just end Social Security? Let me keep my money instead of it going into the general fund.

We could end the Income theft and The Fed while we are at it.

Hey MethBoy, how about you go outside and do what Trump is doing right now, staring at the sun and wondering why it hurts his naked eyes...

 

[John_von_Neumann]

Why not just end Social Security? Let me keep my money instead of it going into the general fund.

We could end the Income theft and The Fed while we are at it.

Please, please petition the GOP to adopt this into its policy platform.

 

[Fuzzy1975]

Why not just end Social Security? Let me keep my money instead of it going into the general fund.

Well if people actually did keep their money, it might work, but they don't,which is why Government has a safety net.

We could end the Income theft and The Fed while we are at it.

You could move to Haiti, or Somalia. Or if maybe no government is too much, how about places like Seirra Leon or the Ivory Coast?

 

[jhenry922]

Ok lookie, more of the same stupid false meme from the Left.

Oh look another retard doesn't get things.

 

[MajorRewrite]

Why not just end Social Security? Let me keep my money instead of it going into the general fund.

We could end the Income theft and The Fed while we are at it.

Senior citizen poverty was a huge problem in the US before Social Security was created. It’s the most successful anti-poverty program the US has ever had.

 

[YDB95]

Senior citizen poverty was a huge problem in the US before Social Security was created. It’s the most successful anti-poverty program the US has ever had.

Yes, but the right has always hated it. Which has a lot to do why they're always trying to cut tax revenues to the bone, then they can plausibly say, "Gee, it's too bad, but we just can't afford Social Security anymore!"

 

[jomar]

Ok lookie, more of the same stupid false meme from the Left.

What false meme?

 

[Lazaran]

https://www.facebook.com/video.php?v=1691103868364058

So... who thinks billionaires need more tax cuts?

After adding almost $8 trillion to the debt, what's a few more tax cuts among friends and donors... Right?

But he'll cut social security and medicare.

Fiscal responsibility?

Is that ^ clear enough evidence of who is really looking out for the common man and woman.



The "both sides" bullshit needs to end.

 

[icanhelp1]

https://www.heritage.org/taxes/commentary/the-numbers-are-trumps-tax-cuts-paid

March, Speaker of the House Nancy Pelosi, D-Calif., called the 2017 Trump tax cuts a $2 trillion “GOP tax scam.”
Sen. Bernie Sanders, I-Vt., accused Republicans of hypocrisy for supporting the tax cuts but opposing Congress’ massive spending spree.
The Biden White House issued a press release claiming “the Trump tax cuts had added $2 trillion to deficits over a decade.”
But the numbers tell a different story. Despite the political rhetoric, tax revenues are up.
Adjusting the forecasts to actual 2022 dollars, prior to the tax cuts the government projected $40.7 trillion of income tax, corporate tax, and payroll tax revenues between 2018 and 2027. The latest budget forecasts project $41.3 trillion of revenues for that period. Instead of reducing revenues by $1.5 trillion, the latest forecasts suggest tax revenues will come in $570 billion higher than expected.
What about the corporate tax cuts? Surely cutting the corporate tax rate from 35% to 21% must have dramatically reduced corporate tax revenue?
Not according to the government budget numbers.
The government now expects to bring in $3.8 trillion in corporate tax revenues between 2018 and 2027, almost identical to the $3.9 trillion forecasted prior to the tax cuts. Moreover, since taxes don’t exist in a vacuum—and the corporate tax reform propelled higher income growth and therefore higher income taxes and payroll taxes—the corporate tax reform likely paid for itself.
Could the Congressional Budget Office have simply underestimated tax revenues in the pre-tax cuts forecast?

Truth hurts progressive Marxist.

 

[ll74]

https://www.heritage.org/taxes/commentary/the-numbers-are-trumps-tax-cuts-paid

March, Speaker of the House Nancy Pelosi, D-Calif., called the 2017 Trump tax cuts a $2 trillion “GOP tax scam.”
Sen. Bernie Sanders, I-Vt., accused Republicans of hypocrisy for supporting the tax cuts but opposing Congress’ massive spending spree.
The Biden White House issued a press release claiming “the Trump tax cuts had added $2 trillion to deficits over a decade.”
But the numbers tell a different story. Despite the political rhetoric, tax revenues are up.
Adjusting the forecasts to actual 2022 dollars, prior to the tax cuts the government projected $40.7 trillion of income tax, corporate tax, and payroll tax revenues between 2018 and 2027. The latest budget forecasts project $41.3 trillion of revenues for that period. Instead of reducing revenues by $1.5 trillion, the latest forecasts suggest tax revenues will come in $570 billion higher than expected.
What about the corporate tax cuts? Surely cutting the corporate tax rate from 35% to 21% must have dramatically reduced corporate tax revenue?
Not according to the government budget numbers.
The government now expects to bring in $3.8 trillion in corporate tax revenues between 2018 and 2027, almost identical to the $3.9 trillion forecasted prior to the tax cuts. Moreover, since taxes don’t exist in a vacuum—and the corporate tax reform propelled higher income growth and therefore higher income taxes and payroll taxes—the corporate tax reform likely paid for itself.
Could the Congressional Budget Office have simply underestimated tax revenues in the pre-tax cuts forecast?
e

Please discover the quote button. .k, thx

 

[Lazaran]

https://www.heritage.org/taxes/commentary/the-numbers-are-trumps-tax-cuts-paid

March, Speaker of the House Nancy Pelosi, D-Calif., called the 2017 Trump tax cuts a $2 trillion “GOP tax scam.”
Sen. Bernie Sanders, I-Vt., accused Republicans of hypocrisy for supporting the tax cuts but opposing Congress’ massive spending spree.
The Biden White House issued a press release claiming “the Trump tax cuts had added $2 trillion to deficits over a decade.”
But the numbers tell a different story. Despite the political rhetoric, tax revenues are up.
Adjusting the forecasts to actual 2022 dollars, prior to the tax cuts the government projected $40.7 trillion of income tax, corporate tax, and payroll tax revenues between 2018 and 2027. The latest budget forecasts project $41.3 trillion of revenues for that period. Instead of reducing revenues by $1.5 trillion, the latest forecasts suggest tax revenues will come in $570 billion higher than expected.
What about the corporate tax cuts? Surely cutting the corporate tax rate from 35% to 21% must have dramatically reduced corporate tax revenue?
Not according to the government budget numbers.
The government now expects to bring in $3.8 trillion in corporate tax revenues between 2018 and 2027, almost identical to the $3.9 trillion forecasted prior to the tax cuts. Moreover, since taxes don’t exist in a vacuum—and the corporate tax reform propelled higher income growth and therefore higher income taxes and payroll taxes—the corporate tax reform likely paid for itself.
Could the Congressional Budget Office have simply underestimated tax revenues in the pre-tax cuts forecast?

Truth hurts progressive Marxist.

Now read this:

https://www.cbpp.org/research/feder...rch concluded that,was a trickle-down failure.



And this

https://www.nytimes.com/2024/03/04/us/politics/trump-corporate-tax-cut.html



(Note - the reports cited in this post are from MARCH 4TH AND 5TH, 2024, whereas ineedhelp1’s deceptive report from the ultra-conservative Heritage foundation is from JANUARY 2, 2022.)



Truth hurts.



ineedhelp1

 

[jhenry922]

Yes, but the right has always hated it. Which has a lot to do why they're always trying to cut tax revenues to the bone, then they can plausibly say, "Gee, it's too bad, but we just can't afford Social Security anymore!"

The rich basically want people to work until the count work anymore and then quickly die. That way they don't have to share their billions or pay a decent wage or pensions.