Trump tax cut phase 2
Crazy as hell idea

Downey, CA

#1 Mar 13, 2018
This will cause more layoffs. Making the rich richer and making poor more poor. Save your money now, because this might have a nasty turn for the economy. WOW

https://www.cnbc.com/2018/03/12/trump-wants-a...
Theborgman

Dearborn, MI

#2 Mar 13, 2018
You know that a small tax cut always increases tax income to the government. It happened when Kennedy , Reagan, and Bush did it.
Crazy as hell idea

Los Angeles, CA

#3 Mar 14, 2018
China will shake up the markets with the launch of Yaun Crude oil futures back up by gold.
Crazy as hell idea

Los Angeles, CA

#4 Mar 14, 2018
Theborgman wrote:
You know that a small tax cut always increases tax income to the government. It happened when Kennedy , Reagan, and Bush did it.
I didn't know that
Crazy as hell idea

Los Angeles, CA

#5 Mar 14, 2018
Crazy as hell idea wrote:
China will shake up the markets with the launch of Yaun Crude oil futures back up by gold.
March 26, 2018 is the launch of Yuan Crude Oil
Theborgman

Dearborn, MI

#6 Mar 15, 2018
There is something called the Latner curve. The tax cuts are at the top of this curve. Tax revenues will increase as more people work and pay taxes. Companies will .mostly re-invest the cuts into equipment and labor. With Obama the unemployment rate decreased, but also the work participation rate drop. This pointed to unemployment dropping do to people running out benefits.
Crazy as hell idea

Los Angeles, CA

#7 Mar 15, 2018
Theborgman wrote:
There is something called the Latner curve. The tax cuts are at the top of this curve. Tax revenues will increase as more people work and pay taxes. Companies will .mostly re-invest the cuts into equipment and labor. With Obama the unemployment rate decreased, but also the work participation rate drop. This pointed to unemployment dropping do to people running out benefits.
You see what first phase of cuts did? Whole a lot of layoffs and store closing.
Nobody

Chicago, IL

#8 Mar 15, 2018
Theborgman wrote:
There is something called the Latner curve. The tax cuts are at the top of this curve. Tax revenues will increase as more people work and pay taxes. Companies will .mostly re-invest the cuts into equipment and labor. With Obama the unemployment rate decreased, but also the work participation rate drop. This pointed to unemployment dropping do to people running out benefits.
Lets take advice from a state that has Detroit as an example of what our vision should be.
lol

Chicago, IL

#9 Mar 16, 2018
Not a fan of Reaganomics

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