Liberal Forum

Bidencrimefamily » 13 May 2024, 10:13 am » wrote: ↑

13 May 2024, 10:13 am

Will the proposed tax cut cause revenue to increase more than you cut revenue?

You still haven't answered the question.  Until you do, I will not answer any of your questions.
 

ConsRule » 13 May 2024, 10:07 am » wrote: ↑

13 May 2024, 10:07 am

You answer my question first.  How do you know the proposed cuts won't cause tax revenue to increase?

The revenue never increases more than revenue cut. Ever. 

If so prove me wrong. 
 

ConsRule » 13 May 2024, 10:15 am » wrote: ↑

13 May 2024, 10:15 am

You still haven't answered the question.  Until you do, I will not answer any of your questions.

If the revenue doesn't increase more than the tax cut did you gain anything?
 

Bidencrimefamily » 13 May 2024, 10:12 am » wrote: ↑

13 May 2024, 10:12 am

Prove it.

I should have included “ it’s possible “

Bidencrimefamily » 13 May 2024, 10:16 am » wrote: ↑

13 May 2024, 10:16 am

If the revenue doesn't increase more than the tax cut did you gain anything?

yes the citizens have more money in their pockets 

BuckNaked » 13 May 2024, 10:17 am » wrote: ↑

13 May 2024, 10:17 am

I should have included “ it’s possible “

But never increase enough to pay off the tax cut. Ever. 
 

Bidencrimefamily » 13 May 2024, 10:16 am » wrote: ↑

13 May 2024, 10:16 am

If the revenue doesn't increase more than the tax cut did you gain anything?

You still haven't answered the question.  Until you do, I will not answer any of your questions.
 

ConsRule » 13 May 2024, 10:21 am » wrote: ↑

13 May 2024, 10:21 am

You still haven't answered the question.  Until you do, I will not answer any of your questions.

Yes I did. 

Revnue will go up but never more than the revenue cut. 

So you end up with debt. 
 
 

ConsRule » 13 May 2024, 10:21 am » wrote: ↑

13 May 2024, 10:21 am

You still haven't answered the question.  Until you do, I will not answer any of your questions.

Are you saying the 1.9 trillion dollar a year cut in taxes by Trump collected more than 1.9 trillion dollars in New tax revenue a year. 

 
 

Bidencrimefamily » 13 May 2024, 10:15 am » wrote: ↑

13 May 2024, 10:15 am

The revenue never increases more than revenue cut. Ever. 

If so prove me wrong.

Tax cuts most certainly can, and have, increased total tax revenue.  Take those cuts passed under Trump that liberals hate so much.  They took effect for the 2018 tax year.  In 2018, total federal tax revenue collected (based on the old tax laws) was $4.04 trillion...In 2019, based on the new tax laws (the evil cuts), total federal tax revenue collected was $4.14 trillion.

Bidencrimefamily » 13 May 2024, 10:26 am » wrote: ↑

13 May 2024, 10:26 am

Are you saying the 1.9 trillion dollar a year cut in taxes by Trump collected more than 1.9 trillion dollars in New tax revenue a year.

Like all things, that total was based on a 10 year projection.  

ConsRule » 13 May 2024, 10:28 am » wrote: ↑

13 May 2024, 10:28 am

Tax cuts most certainly can, and have, increased total tax revenue.  Take those cuts passed under Trump that liberals hate so much.  They took effect for the 2018 tax year.  In 2018, total federal tax revenue collected (based on the old tax laws) was $4.04 trillion...In 2019, based on the new tax laws (the evil cuts), total federal tax revenue collected was $4.14 trillion.

Show me the link. 

 

Bidencrimefamily » 13 May 2024, 10:30 am » wrote: ↑

13 May 2024, 10:30 am

Show me the link.

Government Revenue | U.S. Treasury Fiscal Data
 

ConsRule » 13 May 2024, 10:31 am » wrote: ↑

13 May 2024, 10:31 am

Government Revenue | U.S. Treasury Fiscal Data

How much did the US deficit grow in 2019?
During fiscal year 2019, the budget deficit increased by $205.4 billion (26.4 percent) to $984.4 billion and net operating cost increased by $286.1 billion (24.7 percent) to $1.4 trillion.Jan 31, 2023
[img]data:image/png;base64,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[/img]
https://www.fiscal.treasury.gov › g... Financial Report of the United States Government - Management

ConsRule » 13 May 2024, 10:31 am » wrote: ↑

13 May 2024, 10:31 am

Government Revenue | U.S. Treasury Fiscal Data

That's as a percentage of GDP. 

You dont get it. 
 

How much did the US deficit grow in 2019?
During fiscal year 2019, the budget deficit increased by $205.4 billion (26.4 percent) to $984.4 billion and net operating cost increased by $286.1 billion (24.7 percent) to $1.4 trillion.Jan 31, 2023




Now do the math contard.

It's not that hard.

Bidencrimefamily » 13 May 2024, 10:35 am » wrote: ↑

13 May 2024, 10:35 am

That's as a percentage of GDP. 

You dont get it.

Scroll down and look at the graph...it has both.  Are you really that stupid and lazy?
 

Bidencrimefamily » 13 May 2024, 10:34 am » wrote: ↑

13 May 2024, 10:34 am

How much did the US deficit grow in 2019?
During fiscal year 2019, the budget deficit increased by $205.4 billion (26.4 percent) to $984.4 billion and net operating cost increased by $286.1 billion (24.7 percent) to $1.4 trillion.Jan 31, 2023
[img]data:image/png;base64,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[/img]
https://www.fiscal.treasury.gov › g... Financial Report of the United States Government - Management

Like I said...we spend too much.  Total taxes collected INCREASED and the deficit still went up.  Cut spending!!!!
 

ConsRule » 13 May 2024, 11:02 am » wrote: ↑

13 May 2024, 11:02 am

Scroll down and look at the graph...it has both.  Are you really that stupid and lazy?

https://images.app.goo.gl/5oWCUtiXbYUeF8o26

https://www.washingtonpost.com/business ... mp-era/The U.S. deficit hit $984 billion in 2019, soaring during Trump eraSpending increases, tax cuts and political apathy fueled the surge.By Heather Long
 and 
Jeff Stein
October 25, 2019 at 3:28 p.m. EDT