View Single Post
Old 10-26-2017, 06:44 AM   #17
Jim in CT
Registered User
 
Join Date: Jul 2008
Posts: 20,428
Quote:
Originally Posted by wdmso View Post
Thats been my point all along he doesn't have the Maturity to be POTUS but no one has an issue with it as long he gives them something they want ... like lowering the corporate tax rate the fact are trickle down economics dont work .. and hows he paying for this ?
One thing obama and trump have in common is thin skin, and the inability to resist striking back at any and all criticism. How many times did obama attack foxnews?

Trump will hopefully pay for the tax cuts the way that bill Clinton did...by stimulating the economy. Bill Clinton cut tax rates. But tax revenue collected, went up. Then bush cut taxes more, and tax revenue collected, went up again.

Tax cuts do not always cost money. They can be stimulative. The issue is, they aren't always stimulative, and it's hard to predict. Here in CT, we increased income tax rates last year, and tax revenue collected, dropped like a rock. Because people were sick of paying taxes.

Tax revenue does not always go up or down with tax rates. If you cut tax rates, yet tax revenue collected goes up, how is that not a good thing??
Posted from my iPhone/Mobile device
Jim in CT is offline