Trumps tax proposal

[Nebe]

Imagine if all those tax cuts were used for job creation and wage growth on US soil.

That would be fantastic. But somehow I doubt it will happen
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[scottw]

[QUOTE=everyone[/QUOTE]

rinse,, repeat, rinse , repeat........

[Jim in CT]

Originally Posted by Nebe

Imagine if all those tax cuts were used for job creation and wage growth on US soil.

That would be fantastic. But somehow I doubt it will happen
Posted from my iPhone/Mobile device

"Imagine if all those tax cuts were used for job creation and wage growth on US soil."

Clinton and Bush cut taxes, and companies created jobs, and unemployment was very low.

Then Obama spent almost a trillion on a stimulus package he said would keep unemployment under 8%, it soared over 10%.

Government spending isn't always superior to private spending.

[JohnR]

Originally Posted by Jim in CT

"Imagine if all those tax cuts were used for job creation and wage growth on US soil."

Clinton and Bush cut taxes, and companies created jobs, and unemployment was very low.

Then Obama spent almost a trillion on a stimulus package he said would keep unemployment under 8%, it soared over 10%.

Government spending isn't always superior to private spending.

Bush and Obama forwarded stimulus packages. Bush and Obama drastically increased the total debt. If you are going to credit Clinton and Bush tax cuts, least you can do is note Bush and Obama debt.

[Jim in CT]

Originally Posted by JohnR

Bush and Obama forwarded stimulus packages. Bush and Obama drastically increased the total debt. If you are going to credit Clinton and Bush tax cuts, least you can do is note Bush and Obama debt.

"Bush and Obama drastically increased the total debt"

True, and I didn't even come close to denying that. The debt increased under Bush, in my opinion, primarily because of spending. Tax revenues collected after his tax cuts, were the highest revenues ever. That's fact. Would we have collected more revenue if he hadn't cut taxes? Quite possible.

My point was that tax cuts don't necessarily cause revenue to decrease, not if the stimulative effect outweighs the cut.

I would never say that Bush was a conservative spender. But his tax cuts were followed by increases in tax revenue. Had he kept spending at Clinton levels, the Clinton surpluses might well have continued.

[Liv2Fish]

Originally Posted by Jim in CT

Then Obama spent almost a trillion on a stimulus package he said would keep unemployment under 8%, it soared over 10%.

That's because the deems social programs made it easier to not work than to get up and earn a living.