GOP set to unveil more tax cuts before midterms

Nov 2006
51,420
18,307
I'm sorry that you do not get the meaning of our National Debt increasing or the rate of increase. Spin it however you want
Deficit dumbshit deficit. Trump just set the record for the largest one in history and now he wants to cut federal revenue further and we actually have some fucking stupid enough to think that's a good idea?
 
Likes: OldGaffer
Jul 2013
44,185
46,435
Nashville, TN
Deficit dumbshit deficit. Trump just set the record for the largest one in history and now he wants to cut federal revenue further and we actually have some fucking stupid enough to think that's a good idea?
They have Social Security and Medicare cuts in their sights....

Washington Post: Breaking News, World, US, DC News & Analysis
Republicans admit they’ll slash Medicare, Social Security to pay for their tax cuts
House GOP plan would cut Medicare, Social Security to balance budget - The Boston Globe
 

Devil505

Former Staff
Jan 2008
65,592
25,540
Mass and Florida
if we are dumb enough to let them keep the Congress we will all be their maids, butlers, yard workers and chauffeurs in a few years...just as they planned. (and they will brag about the jobs they provided!)

Fire the GOP on 11/6!!
 
Likes: OldGaffer
Nov 2009
3,159
457
Flower Mound, TX (In the basement)
that's a fair question. as to why I use revenues instead of GDP, it's simple. pie charts are easier to understand. does any individual base their personal budget on GDP, or do they use their revenue to form their budget? probably not GDP. the question of the percentage I picked for defense is a simple matter of personal preference - nothing more. we don't need a huge army to repel invaders and "defend" our country from invasion as it simply isn't a probable scenario. revenues detail moneys available (or soon to be so). GDP is a measure of economic growth (or contraction, as the case may be).
Thanks for that answer.
 
Nov 2006
51,420
18,307
I hear you. What did the CBO predict for Obamacare? Have they ever been wrong before?
What the fuck does obamacare have to do with the subject? The largest deficit in history is a number. how about trump wanting to bail out the farmers that he fucked? Is that what you do when you have a booming economy?The only ones thinking we have a booming economy are the dumbshits who believe trump. It's like what trump said about sessions, a dumb southerner who talks like he has marbles in his mouth. I think he was talking about you too.
 
Likes: OldGaffer
Nov 2006
51,420
18,307
Yup, and then the dumbshit has the gall to stand up at his rallies saying the democrats are out to cut social security but he won't. It is as though whatever the shithead says you can count on it being a bold-faced lie.
 
Jul 2013
44,185
46,435
Nashville, TN
Yup, and then the dumbshit has the gall to stand up at his rallies saying the democrats are out to cut social security but he won't. It is as though whatever the shithead says you can count on it being a bold-faced lie.
And he can count on his stooges repeating and supporting every lie he tells.....
 

Chief

Former Staff
Nov 2009
29,433
14,876
SoCal
Republicans in the U.S. House of Representatives plan to unveil another round of tax cuts this week, hoping to draw a sharp contrast between themselves and Democrats ahead of the Nov. 6 congressional elections.

Republican lawmakers and strategists say a new tax debate should amplify the party's upbeat economic message, touting a report by the nonpartisan Tax Foundation that forecast the creation of 1.5 million jobs and wage increases if individual tax cuts in last year's tax reform bill were made permanent. But experts say House Republican leaders could have trouble mustering the 216 votes needed to pass the measure, given the prospect of widening the federal budget deficit already swollen by a round of tax cuts in December.

Aside from making individual tax cuts permanent, Republicans say the legislation will including savings provisions intended to help small businesses offer 401(k) retirement plans, allow 529 education savings plans to pay for apprenticeships and provide access to retirement savings for costs related to births and adoptions. Republicans say the legislation will also seek to encourage start-up businesses by allowing them to write off more start-up costs and add investors without limiting tax benefits, such as research and development credits.

The new legislation would add another $576 billion to the deficit, even taking potentially higher economic growth into account, the Tax Foundation said.

House Republicans to unveil more tax cuts as midterm elections near
One

trick

pony.

The GOP really should have chosen Caine to represent them. His idiotic and arbitrary 9-9--9 tax plan was and is perfect for the simplistic economic delusion of the GOP.