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Reply to "Republicans and the debt ceiling "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]“The widening deficit, which was $587 billion in 2016, is due in part to increased government spending and the $1.5 trillion tax cut package signed by Mr. Trump in 2017.” https://www.cbsnews.com/news/whats-in-the-budget-deal-negotiated-by-congress-and-the-white-house/[/quote] Funny to read that quote now. Trump's tax reform proved to improve the economy in 2018 and 2019 in ways that were both predictable and apparently mysterious to CBS "journalists"[/quote] Trump’s tax cuts had no net positive effect on economic growth. What minimal benefits they might have added were offset by the money taken from the economy to service the increased debt. [/quote] Not only were his tax cuts of absolutely no benefit to the economy, but his attacks on the IRS meant that we lost more money. [/quote] You folks are truly crazy. The Trump tax reform, controversial as it was, proved to be a massive success in the economic data of 2018, 2019 and 2020 up to Covid. Look it up,[/quote] You know who it wasnt a massive success for? Military and civilians who PCS. They now get taxed on everything the government gives them in order to move. HHG storage so you can go overseas- taxed. Meals and hotels while you look for housing in a different country- taxed. Bezos 2nd yacht- not taxed. :roll: [/quote] The company that sold the yacht wasn't taxed?[/quote]
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