Trump's greatest achievement is that . .

[Ex-Pat]

@Smyrna

The US was on a bad course. We were losing living wage paying jobs to other countries and developing negative trade imbalances that were getting worse every year. Trump’s tax cuts will need some time to show the positive effect, if…it works? As time goes on, there should be signs that it’s working. Here’s an article that says it is but…the increased revenues haven’t yet caught up with the cuts…yet. It would be absolute foolishness to continue on doing the same thing, while observing our economic base transferred to other countries, making a few, more profitable but our nation overall going backwards. What Trump did with taxes and his taking on China is monumental. He will be looked back on very favorably for these moves, even if some today can’t see this?

https://www.investors.com/politics/editorials/federal-tax-revenues-hit-record-highs-are-trumps-tax-cuts-paying-for-themselves/

Lower tax rates = less money going to the budget

What’s so hard to understand?

[westaussie]

Can Trump use the provisions of Chapter 11 for the USA’s debt?

[Smyrna]

@ImRightYoureWrong

We hit record tax revenues under Obama as well. It’s not something to brag about. If you added $1 to the previous year you would again be “breaking the record”. Unfortunately for trump and the GOP, tax revenue growth has actually SLOWED.

This isn’t a my President is better than your President kind of thingy. Obama did a good job of making chicken salad out of chicken feces but “we” were still losing to China…big time…and it IS paramount that this be reversed…period.

[Smyrna]

@Ex-Pat

Lower tax rates = less money going to the budget

What’s so hard to understand?

Think of it this way. How much heat do you get from a campfire and what happens when you throw more wood on it? Is that too hard to understand?

[calirepub]

@westaussie

Can Trump use the provisions of Chapter 11 for the USA’s debt?

Probably! We won’t know for sure until he tries it.

[westaussie]

In Australia during the GFC the Labor Government initiated a stimulus programme that meant our economy continued to grow and we did not have a recession during the GFC.

[Ex-Pat]

@Smyrna

@Ex-Pat

Lower tax rates = less money going to the budget

What’s so hard to understand?

Think of it this way. How much heat do you get from a campfire and what happens when you throw more wood on it? Is that too hard to understand?

Yes, money is just like firewood. How come deficits always increase with tax cuts? Every time.

[Smyrna]

@Ex-Pat

Yes, money is just like firewood. How come deficits always increase with tax cuts? Every time.

I don’t know that this will work but I’m a long way from being convinced that it was wrong. The timing of these cuts was conducive to extending out this recovery and possibly taking us to a new level. One thing did happen positive is that the fed was able to increase their rates. This was absolutely necessary. Now if Trump can repair our relationship with China to stop being a one-way street of both trade and the stealing of trade secrets…he’ll have really accomplished some greatness in only 4 years?

[reflechissez]

@Smyrna

The timing of these cuts was conducive to extending out this recovery and possibly taking us to a new level.

There is no evidence for this. So, to keep it going, we need more tax cuts?

[Smyrna]

@reflechissez

There is no evidence for this. So, to keep it going, we need more tax cuts?

Before I’d cut taxes again, I must witness the positive affects of the first round. I think we are but I’m not sure yet. I’ll let you know when I do. In the mean time, Trump is taking on the next necessary battle of the unfair trade practices of so may countries of the world.

[reflechissez]

@Smyrna

I think we are but I’m not sure yet. I’ll let you know when I do.

How are you going to measure this?

[westaussie]

Over 22 trillion in debt speaks to it not working unless you consider increasing debt levels as success.

[FloridaYankee]

@Smyrna

@Ex-Pat

Lower tax rates = less money going to the budget

What’s so hard to understand?

Think of it this way. How much heat do you get from a campfire and what happens when you throw more wood on it? Is that too hard to understand?

Except we’re throwing money on the campfire

[Smyrna]

@reflechissez

How are you going to measure this?

…by the sum total of all revenue generated.

[reflechissez]

That’s a convenient and incomplete analysis.

[GrandWazoo]

He lied enough to get elected.

[ImRightYoureWrong]

@Smyrna

This isn’t a my President is better than your President kind of thingy. Obama did a good job of making chicken salad out of chicken feces but “we” were still losing to China…big time…and it IS paramount that this be reversed…period

I’m just pointing out that tax growth has slowed under Trump since the tax cuts. Why did you post the link you did?

[Smyrna]

@ImRightYoureWrong

I’m just pointing out that tax growth has slowed under Trump since the tax cuts. Why did you post the link you did?

…because it showed that revenues are increasing but not at the same rate yet as the cuts. The question becomes…will it become a positive due to the overall increased growth?

[ImRightYoureWrong]

Hasnt so far. And we dont historically stay under 4% unemployment for more than a couple years before recession

[reflechissez]

@Smyrna

@ImRightYoureWrong

I’m just pointing out that tax growth has slowed under Trump since the tax cuts. Why did you post the link you did?

…because it showed that revenues are increasing but not at the same rate yet as the cuts. The question becomes…will it become a positive due to the overall increased growth?

We already know the answer.