All praise the birth of deficit spending! Just Jack doing his dad a tax break.
When I have a deficit for a month, my answer is not to ask all my neighbors to give me money, I spend less the following month, gov. can learn a lot from that lesson.
LOL try no to be so jealous of those that earn more than you do. What is your tax bill at the end of the year, do you ever get a refund? If you earn over a million dollars, you will never see a refund, you will get a large bill at the end of the year. See a difference there yet or still think it's all the same thing?I agree that a tax cut can be good if "it means higher family income". A good tax cut would do this by either lowering lower and middle-class taxes or by incentivising businesses to hire middle-class workers and pay them good wages. This would lead to increased consumer spending and improve the overall economy.
A bad tax cut lets businesses and the rich keep more of their money to themselves. They are then likely to invest it in things such as rental properties and financial companies, which tend to drain money from the lower and middle classes. This leads to decreased consumer spending and worsens the overall economy.
The Trump tax cut is a bit of a mixed bag, but the good part is scheduled to disappear, and the bad part isn't.
This also ignores the national debt, which was decreasing as a percentage of GDP in the '60s, but is much higher and increasing now.
P&N is a cesspool of name calling brats, I was hoping to do better since it is off the topic of tech. on a tech forum.
You clearly don't understand how fiat currency works. Go spend a little time on google and wikipedia, champ.
You clearly don't understand how taxes work for people who are millionaires and hire tax attorneys and accountants to professionally manage their money.
West Virginia DID ask their teachers and public employees to "spend less" by earning the lowest wages in the country. How did that story end?
I think the issue is more that republicans prefer to spend on programs that most americans could care less about but persistently try to not spend on programs most of us care a lot about. Also they don't seem to grasp that when the middle class makes money they pay taxes on pretty much all of it but when the uber rich make money they tend find ways to hide that money from taxes paid to the government. It's a increasingly losing gamble.
I don't like any of the 'programs' the government wastes my money on personally.
I bet corporations pay more money to employees than teachers do, if they even have any, which is doubtful.
Until this post I thought you were just another worthless Russian troll. Now I think you're a worthless Russian trollbot. You flunked the Turing test.
It's almost like he wrote the post using predictive text on his phone. Which makes it slightly more intelligent than his normal posts.
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