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Reply to "Trump voters getting tax shock and regretting their votes"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] Here is what you fail to understand (or you do understand it, but refuse to admit it.... so you are either ignorant or obstinate, your choice). Most taxpayers received more money back on their monthly pay. So, naturally, their refund could be less. This is true for my family. We had approximately $400 more each month AND this year we get a refund.... we haven't had a refund for years. [/quote] And your tax cut still hasn't helped the gdp. It certainly isn't helping the national debt.[/quote] We don't have a revenue problem, we have a spending problem. I supposed you were not at all alarmed when Obama doubled our national debt, were you?[/quote] and the tax cuts have made it worse. Rs said that it would create jobs and increase wages, thereby making up the difference or the lost in revenue. I think one R called it a "hope and prayer" strategy. They were warned that it would balloon the deficit, but decided they would believe in voodoo economics rather than historical evidence. https://www.thenation.com/article/the-austerity-hawks-are-coming-for-social-security-medicare-and-medicaid/ [quote]Less than a year ago,[b] Mitch McConnell assured Americans that his $1.5 trillion program of tax cuts for billionaires and multinational corporations would not increase debts and deficits. “I not only don’t think it will increase the deficit, I think it will be beyond revenue neutral,” the Senate majority leader chirped. “In other words, I think it will produce more than enough to fill that gap.”[/b][/quote][/quote]
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