Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII

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Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII

flsprtsgod
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#45

01-31-2019, 03:30 PM

(01-31-2019, 02:44 PM)The Real Marty Wrote:
(01-31-2019, 11:27 AM)MalabarJag Wrote: No, the claim by some supporters was that the effect of tax cuts would cover the loss in tax revenue from the cuts. Since there was not a revenue drop, that was true. The main purpose of the corporate tax cuts was to slow or stop the bleeding of industries moving to other countries, and had nothing to do with revenue. Because of that it was a worthwhile decision even if it caused a decrease in revenue. Corporations that moved to (say) Ireland would pay ZERO corporate taxes to the US government.

Note that many left wing economists (as well as the Congressional Budget Office) predicted that the tax cuts would hurt revenue. They were wrong.

If you go look up what Trump promised, and what his people (Mnuchin, Kudlow) said, they said the tax cuts would reduce the deficit and even pay down the debt. Instead, the deficit has skyrocketed. That's a fact.

Spending side issue, not revenue side issue. Again, would the deficit be more or less without the tax cuts?

“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato

Messages In This Thread

Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by jradMITEX - 01-29-2019, 02:37 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by StroudCrowd1 - 01-29-2019, 03:09 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 01-29-2019, 03:11 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-29-2019, 04:13 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TheO-LineMatters - 01-30-2019, 04:43 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-30-2019, 05:28 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 01-30-2019, 05:46 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-30-2019, 05:57 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by The Real Marty - 01-31-2019, 07:30 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-31-2019, 09:12 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 01-31-2019, 09:30 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TheO-LineMatters - 01-31-2019, 01:06 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-31-2019, 09:43 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 01-31-2019, 10:11 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-31-2019, 10:36 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TheO-LineMatters - 01-31-2019, 03:32 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 01-29-2019, 05:02 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by StroudCrowd1 - 01-29-2019, 05:20 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 01-29-2019, 05:34 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 01-30-2019, 12:31 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by StroudCrowd1 - 01-30-2019, 12:40 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-30-2019, 01:00 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by StroudCrowd1 - 01-30-2019, 01:06 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-30-2019, 01:12 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 01-30-2019, 02:35 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by jradMITEX - 01-30-2019, 02:00 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by Adam2012 - 01-30-2019, 02:10 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by The Real Marty - 01-30-2019, 03:42 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-30-2019, 05:43 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 01-30-2019, 06:08 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-30-2019, 07:03 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by The Real Marty - 01-31-2019, 07:25 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 01-31-2019, 08:23 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by The Real Marty - 01-31-2019, 09:03 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by StroudCrowd1 - 01-31-2019, 09:08 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by copycat - 01-31-2019, 06:34 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TheO-LineMatters - 02-01-2019, 12:35 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 02-01-2019, 12:47 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by copycat - 02-01-2019, 12:34 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by MalabarJag - 01-31-2019, 11:27 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 01-31-2019, 11:51 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by MalabarJag - 01-31-2019, 12:11 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by The Real Marty - 01-31-2019, 02:44 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-31-2019, 03:22 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 01-31-2019, 03:47 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by Cleatwood - 01-31-2019, 05:10 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TheO-LineMatters - 01-31-2019, 06:00 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by Cleatwood - 02-01-2019, 09:32 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 02-01-2019, 12:53 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 02-01-2019, 01:14 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 01-31-2019, 03:30 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by jagibelieve - 01-30-2019, 07:08 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 01-30-2019, 08:29 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by Lucky2Last - 01-30-2019, 10:05 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-30-2019, 10:35 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by JackCity - 01-31-2019, 08:39 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by jradMITEX - 01-31-2019, 08:41 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by copycat - 01-31-2019, 09:12 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by jradMITEX - 01-31-2019, 09:23 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 01-31-2019, 09:30 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by MalabarJag - 02-01-2019, 10:31 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by The Real Marty - 02-01-2019, 11:07 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 02-01-2019, 04:49 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 02-01-2019, 06:47 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 02-01-2019, 07:14 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 02-01-2019, 08:05 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 02-01-2019, 09:01 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by copycat - 02-02-2019, 06:43 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 03-31-2019, 09:04 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 03-31-2019, 09:39 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 03-31-2019, 11:49 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 03-31-2019, 12:32 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 03-31-2019, 08:44 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by jj82284 - 03-31-2019, 10:49 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 05-03-2019, 02:26 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 05-03-2019, 02:40 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by jagibelieve - 05-03-2019, 03:05 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by copycat - 05-03-2019, 04:43 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 05-04-2019, 04:56 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 05-04-2019, 09:31 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 05-04-2019, 11:39 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 05-04-2019, 04:19 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by copycat - 05-04-2019, 07:33 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 05-04-2019, 07:38 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by copycat - 05-04-2019, 08:53 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by The Real Marty - 05-05-2019, 02:39 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 05-05-2019, 08:02 AM

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