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Thread: Once again it proves true.

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    zelmo1234's Avatar Senior Member
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    Once again it proves true.

    That's right folks the Tax cuts that were costing billions in revenue? Well NO they actually raised revenue as companies used that money to expand.

    Itís official: Trumpís tax cuts paid for themselves (msn.com)

    What the left will never understand is when you raise my tax rates, I shelter in place, when you lower them, I take that money and use it for expansion and growth.

    Remember Wal-Mart giving the raise to their employee's when you raise taxes those funds are not there.

    Reagan had it right, Government can't solve the problem because it is the problem.

    Itís official: Trumpís tax cuts paid for themselves (msn.com)

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    Quote Originally Posted by zelmo1234 View Post
    That's right folks the Tax cuts that were costing billions in revenue? Well NO they actually raised revenue as companies used that money to expand.

    It’s official: Trump’s tax cuts paid for themselves (msn.com)

    What the left will never understand is when you raise my tax rates, I shelter in place, when you lower them, I take that money and use it for expansion and growth.

    Remember Wal-Mart giving the raise to their employee's when you raise taxes those funds are not there.

    Reagan had it right, Government can't solve the problem because it is the problem.

    It’s official: Trump’s tax cuts paid for themselves (msn.com)
    and it was Trump that succeeded
    For waltky: http://quakes.globalincidentmap.com/
    "The Nation that makes a great distinction between its scholars and its warriors will have its thinking done by cowards and its fighting done by fools."
    - Thucydides

    "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote" B. Franklin
    Igitur qui desiderat pacem, praeparet bellum

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    Quote Originally Posted by zelmo1234 View Post
    That's right folks the Tax cuts that were costing billions in revenue? Well NO they actually raised revenue as companies used that money to expand.

    It’s official: Trump’s tax cuts paid for themselves (msn.com)

    What the left will never understand is when you raise my tax rates, I shelter in place, when you lower them, I take that money and use it for expansion and growth.

    Remember Wal-Mart giving the raise to their employee's when you raise taxes those funds are not there.

    Reagan had it right, Government can't solve the problem because it is the problem.

    It’s official: Trump’s tax cuts paid for themselves (msn.com)
    I get your point but nothing associated with government pays for itself. Hence 31 trillion

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    Quote Originally Posted by donttread View Post
    I get your point but nothing associated with government pays for itself. Hence 31 trillion
    That is a spending problem, not a revenue problem. And until we become insolvent it is not going to stop.

    It looks like the Business and Banking communities are starting to get worried about the coming recession, and it is no longer predicted to be a mild one.

    I hope that it is not as bad as I fear, but it is not looking good

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    Quote Originally Posted by zelmo1234 View Post
    That is a spending problem, not a revenue problem. And until we become insolvent it is not going to stop.

    It looks like the Business and Banking communities are starting to get worried about the coming recession, and it is no longer predicted to be a mild one.

    I hope that it is not as bad as I fear, but it is not looking good
    Eggs in my area are up to 5.50 per doz.
    But hey, it's ok because gas isn't 5 bucks a gal................yet
    For waltky: http://quakes.globalincidentmap.com/
    "The Nation that makes a great distinction between its scholars and its warriors will have its thinking done by cowards and its fighting done by fools."
    - Thucydides

    "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote" B. Franklin
    Igitur qui desiderat pacem, praeparet bellum

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    Quote Originally Posted by zelmo1234 View Post
    That's right folks the Tax cuts that were costing billions in revenue? Well NO they actually raised revenue as companies used that money to expand.

    It’s official: Trump’s tax cuts paid for themselves (msn.com)

    What the left will never understand is when you raise my tax rates, I shelter in place, when you lower them, I take that money and use it for expansion and growth.

    Remember Wal-Mart giving the raise to their employee's when you raise taxes those funds are not there.

    Reagan had it right, Government can't solve the problem because it is the problem.

    It’s official: Trump’s tax cuts paid for themselves (msn.com)
    And this is pretty much what has happened throughout history. Cut taxes, revenues increase.
    God Bless America

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    We should also massively cut spending. Eliminate baseline budgeting.
    Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes​

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    Quote Originally Posted by DGUtley View Post
    We should also massively cut spending. Eliminate baseline budgeting.
    Baseline budgeting is an evil. I've been amazed over my decades of life how many supposedly intelligent and or informed individuals have no clue or even heard of baseline budgeting.

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    Quote Originally Posted by hanger4 View Post
    Baseline budgeting is an evil. I've been amazed over my decades of life how many supposedly intelligent and or informed individuals have no clue or even heard of baseline budgeting.
    It results not only into rising deficits and debt, but a lot of wasted spending at the end of the fiscal year.
    ΜOΛΩΝ ΛΑΒΕ


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    Quote Originally Posted by Peter1469 View Post
    It results not only into rising deficits and debt, but a lot of wasted spending at the end of the fiscal year.
    Yep, the old use it or lose it philosophy. When I was a young man I worked at an art and drafting supply in San Diego, H.G. Daniels. And miraculously toward the end of every fiscal year, the Navy would place massive orders for office supplies. Including very expensive Montblanc fountain pens and the like.
    God Bless America

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