Current Events > Trump's tax cuts have produced the expected results

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IMNOTRAGED 05/29/19 3:24:30 PM #1:	But not the advertised results. https://www.independent.co.uk/news/world/americas/us-politics/trump-tax-cuts-wages-growth-economy-gdp-jobs-act-congress-report-a8934256.html Donald Trumps tax cut law his signature achievement as president has had little effect on GDP growth or wages and is failing to pay for itself, an independent congressional think tank has found. Despite Mr Trumps repeated claims the 2017 Tax Cuts and Jobs Act would help workers by providing rocket fuel to the US economy, a report by the bipartisan Congressional Research Service showed the law was more beneficial to investors, who launched a wave of corporate buybacks. The conclusions were largely in line with predictions by critics of the legislation and ran counter to claims by many Republicans, who said the tax cuts would ultimately pay for themselves and end up providing big increases in wages. Addressing the reports findings, senator Ron Wyden, the top Democrat on the Senate Committee on Finance, said: Republicans made three unbelievable claims about their bill: it would pay for itself, raise wages by $4,000 (3,200) and jump-start investment in the United States. He added: In fact, the tax cuts are paying for just 5 per cent of their cost not 100 per cent. Workers did not see a significant wage increase the tax cuts largely paid for stock buybacks that push CEO compensation even higher. And the tax cuts have had a negligible effect on investment in the United States. --- https://imgur.com/kkm3QaD <cite>IMNOTRAGED posted [p:922529169] in Trump's ta... [t:77748288]...</cite> <quote>But not the advertised results. https://www.independent.co.uk/news/world/americas/us-politics/trump-tax-cuts-wages-growth-economy-gdp-jobs-act-congress-report-a8934256.html <quote>Donald Trumps tax cut law his signature achievement as president has had little effect on GDP growth or wages and is failing to pay for itself, an independent congressional think tank has found. Despite Mr Trumps repeated claims the 2017 Tax Cuts and Jobs Act would help workers by providing rocket fuel to the US economy, a report by the bipartisan Congressional Research Service showed the law was more beneficial to investors, who launched a wave of corporate buybacks. The conclusions were largely in line with predictions by critics of the legislation and ran counter to claims by many Republicans, who said the tax cuts would ultimately pay for themselves and end up providing big increases in wages.</quote> <quote> Addressing the reports findings, senator Ron Wyden, the top Democrat on the Senate Committee on Finance, said: Republicans made three unbelievable claims about their bill: it would pay for itself, raise wages by $4,000 (3,200) and jump-start investment in the United States. He added: In fact, the tax cuts are paying for just 5 per cent of their cost not 100 per cent. Workers did not see a significant wage increase the tax cuts largely paid for stock buybacks that push CEO compensation even higher. And the tax cuts have had a negligible effect on investment in the United States.</quote></quote> ... Copied to Clipboard!
pegusus123456 05/29/19 3:27:08 PM #2:	Well, duh. --- https://imgur.com/Er6TT https://imgur.com/Er6TT https://imgur.com/Er6TT So? I deeded to some gay porn. It doesn't mean anything. - Patty_Fleur <cite>pegusus123456 posted [p:922529299] in Trump's ta... [t:77748288]...</cite> <quote>Well, duh.</quote> ... Copied to Clipboard!
spudger 05/29/19 3:27:31 PM #3:	Trump lied?? --- -Only dead fish swim with the current http://error1355.com/ce/spudger.html <cite>spudger posted [p:922529310] in Trump's ta... [t:77748288]...</cite> <quote>Trump lied??</quote> ... Copied to Clipboard!
eston 05/29/19 3:27:42 PM #4:	Just like they planned --- http://i73.photobucket.com/albums/i215/estonc/grizzly_bear_chairs_2.jpg https://imgur.com/8kjZU <cite>eston posted [p:922529320] in Trump's ta... [t:77748288]...</cite> <quote>Just like they planned</quote> ... Copied to Clipboard!
sktgamer_13dude 05/29/19 3:28:29 PM #5:	So its doing what rational people thought it would do. Such surprise. --- https://imgur.com/jWVrg9U https://imgur.com/g2efUtT https://imgur.com/5dOwhaP https://imgur.com/LVdqu8J Go Cougs and M's #DI4B <cite>sktgamer_13dude posted [p:922529365] in Trump's ta... [t:77748288]...</cite> <quote>So its doing what rational people thought it would do. Such surprise.</quote> ... Copied to Clipboard!
Giant_Aspirin 05/29/19 3:29:15 PM #6:	IMNOTRAGED posted... showed the law was more beneficial to investors, who launched a wave of corporate buybacks. which is exactly what the GOP wanted. but the GOP leadership will brand this as "partisan" (since it makes them look bad) and their constituents will continue to just wait for it to trickle down and then blame Democrats when it doesn't. --- Playing: Dragon Quest XI, Vermintide 2 I suppose it will all make sense when we grow up <cite>Giant_Aspirin posted [p:922529393] in Trump's ta... [t:77748288]...</cite> <quote><cite>IMNOTRAGED posted...</cite> <quote>showed the law was more beneficial to investors, who launched a wave of corporate buybacks. </quote> which is exactly what the GOP wanted. but the GOP leadership will brand this as "partisan" (since it makes them look bad) and their constituents will continue to just wait for it to trickle down and then blame Democrats when it doesn't.</quote> ... Copied to Clipboard!
davyheinz 05/29/19 3:29:25 PM #7:	Fiscally irresponsible yet again. America will soon be another bankrupt Trump casino. --- Currently playing: Psychonauts, BioShock In limbo: Strider, Jet Force Gemini <cite>davyheinz posted [p:922529403] in Trump's ta... [t:77748288]...</cite> <quote>Fiscally irresponsible yet again. America will soon be another bankrupt Trump casino.</quote> ... Copied to Clipboard!
Tropicalwood 05/29/19 3:34:26 PM #8:	Oh boy, a Democrats shit talking Republican bills and CE takes it at face value, must be another day that ends with "y" --- ayy lmao ayy lmao \|\| oaml oaml yya yya ayy lmao ayy lmao \|\| oaml oaml yya yya <cite>Tropicalwood posted [p:922529601] in Trump's ta... [t:77748288]...</cite> <quote>Oh boy, a Democrats shit talking Republican bills and CE takes it at face value, must be another day that ends with "y"</quote> ... Copied to Clipboard!
TrevorBlack79 05/29/19 3:35:47 PM #9:	Literally no one is surprised. Democrats said this exact thing would happen, and Republicans wanted this exact thing to happen. --- "a minority is someone who you can tell off the bat they are black/hispanic/colored. LGBT isn't a minority" - Blakkheim1 <cite>TrevorBlack79 posted [p:922529659] in Trump's ta... [t:77748288]...</cite> <quote>Literally no one is surprised. Democrats said this exact thing would happen, and Republicans wanted this exact thing to happen.</quote> ... Copied to Clipboard!
MC_BatCommander 05/29/19 3:36:18 PM #10:	Tropicalwood posted... Oh boy, a Democrats shit talking Republican bills and CE takes it at face value, must be another day that ends with "y" You're free to provide a source that proves otherwise --- The Legend is True! <cite>MC_BatCommander posted [p:922529692] in Trump's ta... [t:77748288]...</cite> <quote><cite>Tropicalwood posted...</cite> <quote>Oh boy, a Democrats shit talking Republican bills and CE takes it at face value, must be another day that ends with "y"</quote> You're free to provide a source that proves otherwise</quote> ... Copied to Clipboard!
UnholyMudcrab 05/29/19 3:42:17 PM #11:	And they made my tax accounting courses annoying, which is the worst thing of all. --- https://imgur.com/VeNBg https://imgur.com/gd5jC8q https://imgur.com/PKIy7 https://imgur.com/3p29JqP <cite>UnholyMudcrab posted [p:922529986] in Trump's ta... [t:77748288]...</cite> <quote>And they made my tax accounting courses annoying, which is the worst thing of all.</quote> ... Copied to Clipboard!
Mr_Rian 05/29/19 3:42:59 PM #12:	IMNOTRAGED posted... a report by the bipartisan Congressional Research Service Tropicalwood posted... Oh boy, a Democrats shit talking Republican bills and CE takes it at face value --- Holy crap! How have I not set a signature for the message boards yet? <cite>Mr_Rian posted [p:922530015] in Trump's ta... [t:77748288]...</cite> <quote><cite>IMNOTRAGED posted...</cite> <quote>a report by the bipartisan Congressional Research Service</quote> <cite>Tropicalwood posted...</cite> <quote>Oh boy, a Democrats shit talking Republican bills and CE takes it at face value</quote> </quote> ... Copied to Clipboard!
Tropicalwood 05/29/19 3:48:39 PM #13:	@MC_BatCommander posted... Tropicalwood posted... Oh boy, a Democrats shit talking Republican bills and CE takes it at face value, must be another day that ends with "y" You're free to provide a source that proves otherwise Your source is literally a bunch of democrats that live in states with sky high taxes and cost of living which were abusing the federal tax laws to keep more and more tax dollars while raking in more federal grants that they weren't paying into. But please, think of what the poor corrupt congress has to say as they make shit up like always. --- ayy lmao ayy lmao \|\| oaml oaml yya yya ayy lmao ayy lmao \|\| oaml oaml yya yya <cite>Tropicalwood posted [p:922530260] in Trump's ta... [t:77748288]...</cite> <quote><cite>@MC_BatCommander posted...</cite> <quote><cite>Tropicalwood posted...</cite> <quote>Oh boy, a Democrats shit talking Republican bills and CE takes it at face value, must be another day that ends with "y"</quote> You're free to provide a source that proves otherwise</quote> Your source is literally a bunch of democrats that live in states with sky high taxes and cost of living which were abusing the federal tax laws to keep more and more tax dollars while raking in more federal grants that they weren't paying into. But please, think of what the poor corrupt congress has to say as they make shit up like always.</quote> ... Copied to Clipboard!
MC_BatCommander 05/29/19 3:51:01 PM #14:	Don't @ me, I can see when new posts happen Still waiting on that source --- The Legend is True! <cite>MC_BatCommander posted [p:922530359] in Trump's ta... [t:77748288]...</cite> <quote>Don't @ me, I can see when new posts happen Still waiting on that source</quote> ... Copied to Clipboard!
Giant_Aspirin 05/29/19 3:52:52 PM #15:	Tropicalwood posted... Oh boy, a Democrats shit talking Republican bills and CE takes it at face value, must be another day that ends with "y" either you didn't read the OP or you didn't understand it. which is it? --- Playing: Dragon Quest XI, Vermintide 2 I suppose it will all make sense when we grow up <cite>Giant_Aspirin posted [p:922530454] in Trump's ta... [t:77748288]...</cite> <quote><cite>Tropicalwood posted...</cite> <quote>Oh boy, a Democrats shit talking Republican bills and CE takes it at face value, must be another day that ends with "y"</quote> either you didn't read the OP or you didn't understand it. which is it?</quote> ... Copied to Clipboard!
Tropicalwood 05/29/19 3:52:55 PM #16:	Still waiting on a reason to trust a single word congress has to say, given the long running history of making shit up to have their way. It's reasonable doubt. Also, quit the whining. --- ayy lmao ayy lmao \|\| oaml oaml yya yya ayy lmao ayy lmao \|\| oaml oaml yya yya <cite>Tropicalwood posted [p:922530456] in Trump's ta... [t:77748288]...</cite> <quote>Still waiting on a reason to trust a single word congress has to say, given the long running history of making shit up to have their way. It's reasonable doubt. Also, quit the whining.</quote> ... Copied to Clipboard!
MC_BatCommander 05/29/19 3:56:10 PM #17:	Alright so you don't have one, guess it's time to take the L and move on --- The Legend is True! <cite>MC_BatCommander posted [p:922530607] in Trump's ta... [t:77748288]...</cite> <quote>Alright so you don't have one, guess it's time to take the L and move on</quote> ... Copied to Clipboard!
Webmaster4531 05/29/19 3:56:24 PM #18:	Tropicalwood posted... which were abusing the federal tax laws to keep more and more tax dollars while raking in more federal grants that they weren't paying into. What? Liberal states pay more taxes than they get back. --- Ad Hominem. <cite>Webmaster4531 posted [p:922530614] in Trump's ta... [t:77748288]...</cite> <quote><cite>Tropicalwood posted...</cite> <quote>which were abusing the federal tax laws to keep more and more tax dollars while raking in more federal grants that they weren't paying into. </quote> What? Liberal states pay more taxes than they get back.</quote> ... Copied to Clipboard!
ultimate reaver 05/29/19 3:58:37 PM #19:	So honestly, now that the obvious has been stated, why is it that people defended this shit in the first place do you think, among other things. Trump somehow had a bunch of people believing that a republican presidential candidate was going to be a pro-worker pro-lgbt, anti special interests, anti-war, etc etc etc. selection that was somehow an antithesis to literally everything the party has stood for for more than half a century. Did they honestly find him charismatic enough that they were convinced? Did they get caught up in sticking it to the libs or whatever and lie to themselves? Or do they just know jack shit about politics and start following it because they were redpilled? --- butts <cite>ultimate reaver posted [p:922530724] in Trump's ta... [t:77748288]...</cite> <quote>So honestly, now that the obvious has been stated, why is it that people defended this shit in the first place do you think, among other things. Trump somehow had a bunch of people believing that a republican presidential candidate was going to be a pro-worker pro-lgbt, anti special interests, anti-war, etc etc etc. selection that was somehow an antithesis to literally everything the party has stood for for more than half a century. Did they honestly find him charismatic enough that they were convinced? Did they get caught up in sticking it to the libs or whatever and lie to themselves? Or do they just know jack shit about politics and start following it because they were redpilled?</quote> ... Copied to Clipboard!
sktgamer_13dude 05/29/19 3:58:52 PM #20:	Giant_Aspirin posted... Tropicalwood posted... Oh boy, a Democrats shit talking Republican bills and CE takes it at face value, must be another day that ends with "y" either you didn't read the OP or you didn't understand it. which is it? Both. --- https://imgur.com/jWVrg9U https://imgur.com/g2efUtT https://imgur.com/5dOwhaP https://imgur.com/LVdqu8J Go Cougs and M's #DI4B <cite>sktgamer_13dude posted [p:922530733] in Trump's ta... [t:77748288]...</cite> <quote><cite>Giant_Aspirin posted...</cite> <quote><cite>Tropicalwood posted...</cite> <quote>Oh boy, a Democrats shit talking Republican bills and CE takes it at face value, must be another day that ends with "y"</quote> either you didn't read the OP or you didn't understand it. which is it?</quote> Both.</quote> ... Copied to Clipboard!
Tropicalwood 05/29/19 4:08:04 PM #21:	Webmaster4531 posted... Tropicalwood posted... which were abusing the federal tax laws to keep more and more tax dollars while raking in more federal grants that they weren't paying into. What? Liberal states pay more taxes than they get back. Not at all, before the tax change individuals could deduct state income taxes as much as they damn well pleased, but that was capped which is why California wanted to call their state income tax a charity and deduct everything. --- ayy lmao ayy lmao \|\| oaml oaml yya yya ayy lmao ayy lmao \|\| oaml oaml yya yya <cite>Tropicalwood posted [p:922531099] in Trump's ta... [t:77748288]...</cite> <quote><cite>Webmaster4531 posted...</cite> <quote><cite>Tropicalwood posted...</cite> <quote>which were abusing the federal tax laws to keep more and more tax dollars while raking in more federal grants that they weren't paying into. </quote> What? Liberal states pay more taxes than they get back.</quote> Not at all, before the tax change individuals could deduct state income taxes as much as they damn well pleased, but that was capped which is why California wanted to call their state income tax a charity and deduct everything.</quote> ... Copied to Clipboard!
Webmaster4531 05/29/19 4:18:08 PM #22:	Tropicalwood posted... Webmaster4531 posted... Tropicalwood posted... which were abusing the federal tax laws to keep more and more tax dollars while raking in more federal grants that they weren't paying into. What? Liberal states pay more taxes than they get back. Not at all, before the tax change individuals could deduct state income taxes as much as they damn well pleased, but that was capped which is why California wanted to call their state income tax a charity and deduct everything. https://wallethub.com/edu/states-most-least-dependent-on-the-federal-government/2700/ --- Ad Hominem. <cite>Webmaster4531 posted [p:922531528] in Trump's ta... [t:77748288]...</cite> <quote><cite>Tropicalwood posted...</cite> <quote><cite>Webmaster4531 posted...</cite> <quote><cite>Tropicalwood posted...</cite> <quote>which were abusing the federal tax laws to keep more and more tax dollars while raking in more federal grants that they weren't paying into. </quote> What? Liberal states pay more taxes than they get back.</quote> Not at all, before the tax change individuals could deduct state income taxes as much as they damn well pleased, but that was capped which is why California wanted to call their state income tax a charity and deduct everything.</quote> https://wallethub.com/edu/states-most-least-dependent-on-the-federal-government/2700/</quote> ... Copied to Clipboard!
Doom_Art 05/29/19 4:19:09 PM #23:	Imagine debasing yourself online to shill for tax cuts for billionaires and corporations --- Not removing this until Mega Man 64 is released on the Wii Virtual Console. Started on: 12/1/2009 https://imgur.com/mPvcy <cite>Doom_Art posted [p:922531579] in Trump's ta... [t:77748288]...</cite> <quote>Imagine debasing yourself online to shill for tax cuts for billionaires and corporations</quote> ... Copied to Clipboard!
DiScOrD tHe LuNaTiC 05/29/19 4:27:13 PM #24:	Doom_Art posted... Imagine debasing yourself online to shill for tax cuts for billionaires and corporations We don't have to imagine, Tropicalwood is giving us a master class. --- "Shut your filthy whore mouth."- AB "But if I shut my filthy whore mouth, I can't use it to be a filthy whore. Does not compute." - TashaMK <cite>DiScOrD tHe LuNaTiC posted [p:922531933] in Trump's ta... [t:77748288]...</cite> <quote><cite>Doom_Art posted...</cite> <quote>Imagine debasing yourself online to shill for tax cuts for billionaires and corporations</quote> We don't have to imagine, Tropicalwood is giving us a master class.</quote> ... Copied to Clipboard!
Bishop9800 05/29/19 4:29:38 PM #25:	Giant_Aspirin posted... Tropicalwood posted... Oh boy, a Democrats shit talking Republican bills and CE takes it at face value, must be another day that ends with "y" either you didn't read the OP or you didn't understand it. which is it? Both <cite>Bishop9800 posted [p:922532046] in Trump's ta... [t:77748288]...</cite> <quote><cite>Giant_Aspirin posted...</cite> <quote><cite>Tropicalwood posted...</cite> <quote>Oh boy, a Democrats shit talking Republican bills and CE takes it at face value, must be another day that ends with "y"</quote> either you didn't read the OP or you didn't understand it. which is it?</quote> Both</quote> ... Copied to Clipboard!
NinjaWarrior455 05/29/19 4:38:12 PM #26:	ultimate reaver posted... So honestly, now that the obvious has been stated, why is it that people defended this shit in the first place do you think, among other things. Trump somehow had a bunch of people believing that a republican presidential candidate was going to be a pro-worker pro-lgbt, anti special interests, anti-war, etc etc etc. selection that was somehow an antithesis to literally everything the party has stood for for more than half a century. Did they honestly find him charismatic enough that they were convinced? Did they get caught up in sticking it to the libs or whatever and lie to themselves? Or do they just know jack shit about politics and start following it because they were redpilled? A little of column A, a little of column B, a little of column C. --- Super Bowl 52 Champions!!!! http://myanimelist.net/animelist/NinjaWarrior457 <cite>NinjaWarrior455 posted [p:922532414] in Trump's ta... [t:77748288]...</cite> <quote><cite>ultimate reaver posted...</cite> <quote>So honestly, now that the obvious has been stated, why is it that people defended this shit in the first place do you think, among other things. Trump somehow had a bunch of people believing that a republican presidential candidate was going to be a pro-worker pro-lgbt, anti special interests, anti-war, etc etc etc. selection that was somehow an antithesis to literally everything the party has stood for for more than half a century. Did they honestly find him charismatic enough that they were convinced? Did they get caught up in sticking it to the libs or whatever and lie to themselves? Or do they just know jack shit about politics and start following it because they were redpilled?</quote> A little of column A, a little of column B, a little of column C.</quote> ... Copied to Clipboard!
kayoticdreamz 05/29/19 5:13:10 PM #27:	me think liberals are doing more of their lying about Trump I don't know what you people are talking about, with less taxes I make a little more, and my car property tax even went down. So Trump tax cuts are bad because I pay less taxes? makes sense if you're a liberal I guess. <cite>kayoticdreamz posted [p:922533912] in Trump's ta... [t:77748288]...</cite> <quote>me think liberals are doing more of their lying about Trump I don't know what you people are talking about, with less taxes I make a little more, and my car property tax even went down. So Trump tax cuts are bad because I pay less taxes? makes sense if you're a liberal I guess.</quote> ... Copied to Clipboard!
sktgamer_13dude 05/29/19 5:14:05 PM #28:	kayoticdreamz posted... me think liberals are doing more of their lying about Trump I don't know what you people are talking about, with less taxes I make a little more, and my car property tax even went down. So Trump tax cuts are bad because I pay less taxes? makes sense if you're a liberal I guess. you-tried.jpg --- https://imgur.com/jWVrg9U https://imgur.com/g2efUtT https://imgur.com/5dOwhaP https://imgur.com/LVdqu8J Go Cougs and M's #DI4B <cite>sktgamer_13dude posted [p:922533950] in Trump's ta... [t:77748288]...</cite> <quote><cite>kayoticdreamz posted...</cite> <quote>me think liberals are doing more of their lying about Trump I don't know what you people are talking about, with less taxes I make a little more, and my car property tax even went down. So Trump tax cuts are bad because I pay less taxes? makes sense if you're a liberal I guess.</quote> you-tried.jpg</quote> ... Copied to Clipboard!
Bishop9800 05/29/19 5:16:17 PM #29:	kayoticdreamz posted... me think liberals are doing more of their lying about Trump I don't know what you people are talking about, with less taxes I make a little more, and my car property tax even went down. So Trump tax cuts are bad because I pay less taxes? makes sense if you're a liberal I guess. Does your ass get jealous of the amount of shit that come outta your mouth? <cite>Bishop9800 posted [p:922534047] in Trump's ta... [t:77748288]...</cite> <quote><cite>kayoticdreamz posted...</cite> <quote>me think liberals are doing more of their lying about Trump I don't know what you people are talking about, with less taxes I make a little more, and my car property tax even went down. So Trump tax cuts are bad because I pay less taxes? makes sense if you're a liberal I guess.</quote> Does your ass get jealous of the amount of shit that come outta your mouth?</quote> ... Copied to Clipboard!
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Current Events > Trump's tax cuts have produced the expected results (+) Yeah! (+)

Current Events > Trump's tax cuts have produced the expected results