Liberal Forum

In 2017, Congress passed a law commonly known as the Tax Cuts and Jobs Act. Its authors sold it as a fiscal miracle drug: It would simplify taxes, make businesses more competitive, increase wages, create better jobs, boost economic growth and raise revenue. Now the evidence is in, and the TCJA looks set to be remembered as an outstanding fiscal disaster. By 2027, it will have cost almost $2 trillion, while failing to deliver the promised benefits.

Economists typically expect a tax cut to have the greatest impact in its first year. In 2019, the Congressional Research Service, charged with briefing Congress on its own policies, concluded that the TCJA didn’t increase wages and had little to no effect on economic growth. Researchers at the International Monetary Fund reached a similar conclusion about private investment. Companies themselves reported they didn’t use the tax cut to invest, hire or give raises.

America Blew Almost $2 Trillion. Make It Stop.


 https://www.bloomberg.com/opinion/artic ... 2-trillion


This is why MAGAts hate math....and data.
 

I don't hate math.

Obama added about $10 trillion to our debt

BooRadley » 04 Mar 2024, 7:29 am » wrote: ↑

04 Mar 2024, 7:29 am

I don't hate math.

Obama added about $10 trillion to our debt

Show me your math.

R.Suave » 04 Mar 2024, 7:30 am » wrote: ↑

04 Mar 2024, 7:30 am

Show me your math.

Why bother?
You'll blame Fox
 

BooRadley » 04 Mar 2024, 7:34 am » wrote: ↑

04 Mar 2024, 7:34 am

Why bother?
You'll blame Fox

 

That's "calling the bluff", Hole...


 

R.Suave » 04 Mar 2024, 7:35 am » wrote: ↑

04 Mar 2024, 7:35 am

 

That's "calling the bluff", Hole...

No that's called experience.


 

BooRadley » 04 Mar 2024, 7:37 am » wrote: ↑

04 Mar 2024, 7:37 am

No that's called experience.

Hole,

You are Innumerate.

You can't even add up the hours you spend watching FOX.
 

SUAVE AKA WILLFRANKLIN

FJB » 04 Mar 2024, 7:40 am » wrote: ↑

04 Mar 2024, 7:40 am

SUAVE AKA WILLFRANKLIN

Will Franklin.

Once said Bernie Sanders knew there were no wmds in Iraq.
But never once could prove he actually knew that
 

BooRadley » 04 Mar 2024, 7:43 am » wrote: ↑

04 Mar 2024, 7:43 am

Will Franklin.

Once said Bernie Sanders knew there were no wmds in Iraq.
But never once could prove he actually knew that

But there were none.

R.Suave » 04 Mar 2024, 7:50 am » wrote: ↑

04 Mar 2024, 7:50 am

But there were none.

STFU ASSHOLE, THEY DID FIND THEM

Nothing but willful blindness renders the US incapable of having a functioning and sustainable budget.


ibid.



yup.

 

FJB » 04 Mar 2024, 7:54 am » wrote: ↑

04 Mar 2024, 7:54 am

STFU ASSHOLE, THEY DID FIND THEM

 

 
 

R. Suave » 04 Mar 2024, 7:28 am » wrote: ↑

04 Mar 2024, 7:28 am

In 2017, Congress passed a law commonly known as the Tax Cuts and Jobs Act. Its authors sold it as a fiscal miracle drug: It would simplify taxes, make businesses more competitive, increase wages, create better jobs, boost economic growth and raise revenue. Now the evidence is in, and the TCJA looks set to be remembered as an outstanding fiscal disaster. By 2027, it will have cost almost $2 trillion, while failing to deliver the promised benefits.

Economists typically expect a tax cut to have the greatest impact in its first year. In 2019, the Congressional Research Service, charged with briefing Congress on its own policies, concluded that the TCJA didn’t increase wages and had little to no effect on economic growth. Researchers at the International Monetary Fund reached a similar conclusion about private investment. Companies themselves reported they didn’t use the tax cut to invest, hire or give raises.

America Blew Almost $2 Trillion. Make It Stop.


 https://www.bloomberg.com/opinion/artic ... 2-trillion


This is why MAGAts hate math....and data.
 

Leaderships supply loyal malcontents following suggestion life should be more than living adapting to space ancestrally timed apart demanding everyone believe life isn't self evident.

Gee 3 typecast categories of people. alpha defining who's who, beta managers, obedient masses or else society cleanses the non compliant defined by the alphas in charge. That cover humanity throughout history, no exceptions.

edit about following posts:

See how minds never use their conceived brain to navigate space equally occupying the moment here.

R.Suave » 04 Mar 2024, 7:50 am » wrote: ↑

04 Mar 2024, 7:50 am

But there were none.

Obama said there were
 
Did Obama lie?

Looks like the leftist are mad as hell that the tax burden of the top 1% went from 40% to 46% of revenue under Trump's tax cuts.

https://www.msn.com/en-us/money/taxes/d ... r-BB1j8mpj

BooRadley » 04 Mar 2024, 8:12 am » wrote: ↑

04 Mar 2024, 8:12 am

Obama said there were
 
Did Obama lie?

I don't credit your assertions.

You lie all the time.
 

Fuelman » 04 Mar 2024, 8:14 am » wrote: ↑

04 Mar 2024, 8:14 am

Looks like the leftist are mad as hell that the tax burden of the top 1% went from 40% to 46% of revenue under Trump's tax cuts.

https://www.msn.com/en-us/money/taxes/d ... r-BB1j8mpj

Please....not this ******* **** again.

R.Suave » 04 Mar 2024, 8:14 am » wrote: ↑

04 Mar 2024, 8:14 am

I don't credit your assertions.

You lie all the time.

So are you saying Obama did not say there were wmds in Iraq?

Simple question 
 
 

R.Suave » 04 Mar 2024, 7:28 am » wrote: ↑

04 Mar 2024, 7:28 am

In 2017, Congress passed a law commonly known as the Tax Cuts and Jobs Act. Its authors sold it as a fiscal miracle drug: It would simplify taxes, make businesses more competitive, increase wages, create better jobs, boost economic growth and raise revenue. Now the evidence is in, and the TCJA looks set to be remembered as an outstanding fiscal disaster. By 2027, it will have cost almost $2 trillion, while failing to deliver the promised benefits.

Economists typically expect a tax cut to have the greatest impact in its first year. In 2019, the Congressional Research Service, charged with briefing Congress on its own policies, concluded that the TCJA didn’t increase wages and had little to no effect on economic growth. Researchers at the International Monetary Fund reached a similar conclusion about private investment. Companies themselves reported they didn’t use the tax cut to invest, hire or give raises.

America Blew Almost $2 Trillion. Make It Stop.


 https://www.bloomberg.com/opinion/artic ... 2-trillion


This is why MAGAts hate math....and data.
 

 

America has a spending problem.  If you recall those tax cuts benefited the middle brackets more than they did the upper brackets.  

https://www.investopedia.com/taxes/trum ... to%2012%25.