Tax breaks

[wdmso]

https://www.bbc.com/news/business-53816277

“We will create tax credits for companies that bring jobs from China back to America,” Mr Trump said.

Question with all these tax breaks he is offering from payroll taxes to more corporate tax breaks.. how do we pay our Bill's as a country from the military to Social Security or debt .were do we take it from

And these and many of his latest proposals seem to be just hatched for his election , like the drilling in Alaska..U.S. Energy Secretary Dan Brouillette say the Us is all ready energy independent, so why now? These old world views like I've said before based on nostalgic thinking , but I cant see any other reason ..or any delevoped plan .. hes just shooting from the hip hoping to keep some votes

[Pete F.]

The last time Biden was in office, more wealth was created for our country than at any other moment in history.

[Jim in CT]

Originally Posted by Pete F.

The last time Biden was in office, more wealth was created for our country than at any other moment in history.

also the slowest recovery ever.

[Pete F.]

Didn't end till Tweety's failures killed it

[Jim in CT]

Originally Posted by Pete F.

Didn't end till Tweety's failures killed it

Covid put a temporary halt to it. Everything moving in a positive direction now, isn't it? That's all on tweety in your mind? All the nursing home deaths in NY are Trumps fault, Cuomo doesn't own any of that?

[Jim in CT]

Originally Posted by Pete F.

The last time Biden was in office, more wealth was created for our country than at any other moment in history.

And when Trump creates wealth, you guys moan about income inequality...did income inequality not increase under the Obama/Biden administration? Or did it increase, but you didn't care because of the 'D' after their name?

Just a tiny bit of consistency, would go a long way.

[Pete F.]

Want to talk about consistency?

“We’ve got to get rid of the $19 trillion in debt,” he said, referring to the gross federal debt (which actually was $18.1 trillion at the end of 2015). “How long would that take?” the interviewers asked. “I would say over a period of eight years,” he responded.

Over the first three years of his administration, Trump went in the opposite direction, increasing the annual budget deficit from $585 billion (in Obama’s last year) to $984 billion in the fourth quarter of fiscal year 2019.

This increase was due mainly to higher government spending. By December 31, 2019, the gross federal debt had increased 14 percent since 2016 and reached $22.7 trillion—and all of that before COVID-19 hit.

President Trump’s attitude on debt and deficit seems to have changed somewhat since his interview with Woodward and Costa. At a January 17, 2020 Republican fundraiser, Trump declared “Who the hell cares about the budget? We’re going to have a country.”

[Jim in CT]

Originally Posted by Pete F.

Want to talk about consistency?

“We’ve got to get rid of the $19 trillion in debt,” he said, referring to the gross federal debt (which actually was $18.1 trillion at the end of 2015). “How long would that take?” the interviewers asked. “I would say over a period of eight years,” he responded.

Over the first three years of his administration, Trump went in the opposite direction, increasing the annual budget deficit from $585 billion (in Obama’s last year) to $984 billion in the fourth quarter of fiscal year 2019.

This increase was due mainly to higher government spending. By December 31, 2019, the gross federal debt had increased 14 percent since 2016 and reached $22.7 trillion—and all of that before COVID-19 hit.

President Trump’s attitude on debt and deficit seems to have changed somewhat since his interview with Woodward and Costa. At a January 17, 2020 Republican fundraiser, Trump declared “Who the hell cares about the budget? We’re going to have a country.”

yes, I want to talk about consistency.

I claim that Obama's deficit spending was harmful for future generations. I also conclude that Trumps deficit spending is harmful for future generations.

Can you say the same thing? Can you fault both men for the massive debt they accumulated? No you can't. Obama gets a pass, and Trump gets criticism.

Who is consistent, Pete? And who isn't? Answer that, please, and have fun with it.

[wdmso]

JIM
Question with all these tax breaks he is offering from payroll taxes to more corporate tax breaks.. how do we pay our Bill's as a country from the military to Social Security or debt .were do we take it from

[Jim in CT]

Originally Posted by wdmso

JIM
Question with all these tax breaks he is offering from payroll taxes to more corporate tax breaks.. how do we pay our Bill's as a country from the military to Social Security or debt .were do we take it from

Again, Trumps adding to the debt, is harmful. Just as it was when Obama added trillions. You're not going to catch my in hypocrisy.

How about you? Obviously you're concerned about Trumps deficit spending. But how about the trillions that Obama added to the debt? Did you ever, ever express any concern? I'll bet you did not.

[Pete F.]

Well, Obama’s solution to the inability to fund the government and pay down the debt wasn’t to reduce taxes in an economic expansion.
Tweety’s was and unfortunately the Bill always comes due.
But as he said at a January 17, 2020 Republican fundraiser, Trump declared “Who the hell cares about the budget? We’re going to have a country.”
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[Jim in CT]

Originally Posted by Pete F.

Well, Obama’s solution to the inability to fund the government and pay down the debt wasn’t to reduce taxes in an economic expansion.
Tweety’s was and unfortunately the Bill always comes due.
But as he said at a January 17, 2020 Republican fundraiser, Trump declared “Who the hell cares about the budget? We’re going to have a country.”
Posted from my iPhone/Mobile device

Boy, did you step in it.

Obama cut taxes in 2009 and 2013 (extended the Bush tax cuts) - look it up. By 2013, the economy was really expanding. So Obama cut taxes in an expanding economy, which you fault Trump for doing.

MAKE. THAT. WRONG.

[Pete F.]

If a double standard is saying increase debt in recession and reduce it in expansion, then to claim that Tweety’s policy of adding to the debt while claiming to have the greatest economy ever is.........
Most people would realize he’s gaslighting you and you’re paying for what he’s claiming to be doing.
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[Jim in CT]

Originally Posted by Pete F.

If a double standard is saying increase debt in recession and reduce it in expansion, then to claim that Tweety’s policy of adding to the debt while claiming to have the greatest economy ever is.........
Most people would realize he’s gaslighting you and you’re paying for what he’s claiming to be doing.
Posted from my iPhone/Mobile device

Obama cut taxes in 2013. Look it up. By then, the economy was expanding.

So Obama cut taxes, adding to the debt, in an expanding economy. Which you said was bad, when Trump did it at least!

[Pete F.]

Originally Posted by Jim in CT

Obama cut taxes in 2013. Look it up. By then, the economy was expanding.

So Obama cut taxes, adding to the debt, in an expanding economy. Which you said was bad, when Trump did it at least!

Ever heard of the Tea Party?
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[Jim in CT]

Originally Posted by Pete F.

Ever heard of the Tea Party?
Posted from my iPhone/Mobile device

Wuh?

Let's recap!

You are fine with the number of kids Obama put in cages, but outraged at the number of kids Trump put in cages.

You are fine with the # of executive orders Obama signed, but outraged by the number that Trump signed.

And you are fine with Obama cutting taxes during economic expansion, but outraged when Trump did it.

Nah, you're not a blind, thoughtless, ideologue. Not in the least.

This is what bitch slapped looks like.

[Pete F.]

Originally Posted by Jim in CT

Wuh?

Let's recap!

You are fine with the number of kids Obama put in cages, but outraged at the number of kids Trump put in cages.

You are fine with the # of executive orders Obama signed, but outraged by the number that Trump signed.

And you are fine with Obama cutting taxes during economic expansion, but outraged when Trump did it.

Nah, you're not a blind, thoughtless, ideologue. Not in the least.

This is what bitch slapped looks like.

Fool, you’re felating yourself as usual.
What budget was Obama presented by Congress
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