[namngulfvet]

Democrats Release Tax Hike Plan

Really! The these idiots want to run on this platform! :lol: :lol: :lol: :lol: :lol: :lol:

This week, Congressional Democrats released a detailed tax hike plan that they promised to implement if given majority control of the House and Senate after the 2018 midterm elections. So much for the crocodile tears about the deficit--Democrats want to raise taxes not to reduce the debt, but rather to spend that tax hike money on boondoggle projects.

As you might expect, hold onto your wallets. Here are the details:

Increase the top marginal income tax rate from 37 percent to 39.6 percent.

Increase the corporate income tax rate from 21 percent to 25 percent

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

[sillydaddy]

If that is correct...
Elk and Clown will not hesitate to vote themselves into the poor house.. :lol: :lol: :lol: :lol:

[elklindo69]

No free lunches you dummies......

Trump tax cuts expected to raise federal deficit to $804B this year

WASHINGTON — A new budget analysis says the combined effects of President Donald Trump’s tax cuts and last month’s budget-busting spending bill will send the government’s budget deficit toward the $1 trillion mark.

That’s the word from the Congressional Budget Office, which says the twin tax and spending bills will push the budget deficit to $804 billion this year and just under $1 trillion for the upcoming year.

CBO says economic growth from the tax cuts will add 0.7 percent on average to the nation’s economic output over the coming decade. Those effects will only partially offset the deficit cost of the tax cuts. The administration had promised the cuts would pay for themselves.

The deficit would permanently breach the $1 trillion mark in 2020 unless Congress reins it in.

[namngulfvet]

Funny Elk crap you never said a word about Ojacass sending a couple of bullion to his buddy in Iran or his buddies in Syria overloading the system.. Now your hammering you little pee pee an splugging all over the place

[elklindo69]

Funny Elk crap you never said a word about Ojacass sending a couple of bullion to his buddy in Iran or his buddies in Syria overloading the system.. Now your hammering you little pee pee an splugging all over the place

Now that Trump is going to blow the budget through the roof...where are the teabaggers when you need them?

:lol:

[johnforbes]

Be honest for a second Elkin.

When Obama added 9 trillion, you didn't care at all.

[RealJustme]

Now that Trump is going to blow the budget through the roof...

What roof? That roof was blown away long before Trump got into office, there's no longer a ceiling or a roof, live with it. Obama created an estoppel on all kind of stuff Presidents no longer have to worry about.

[Clownkicker]

Be honest for a second johnny.

When Obama added 9 trillion, half of it was for bailing out the banks and Wall Street and fighting off a depression, and you didn't care at all.

[namngulfvet]

Be honest for a second johnny.

When Obama added 9 trillion, half of it was for bailing out the banks and Wall Street and fighting off a depression, and you didn't care at all.

No! when ojackass added 9 trillion it went to all his Muslim buddies overseas. He requested how many millions for to replace and or rebuild the infrastructure. He spend less then 1/3 of the money on infrastructure and the rest when to.... God only knows.. He also bailed out how many Solar power companies that still ended up bankrupt .. Nice try asshole licker but still a fail on your part

[johnforbes]

Clown, you are wrong about that.

Did I think banks should have been bailed out? Hell no.

Schumpeter talked about creative destruction, and I have always thought that it was necessary for this or that business to fail from time to time.

That can certainly be sad for individuals, but it is healthy for the economy overall in the long run.

It was also my opinion that pressing interest rates down to the zero bound and keeping them there was an unprecedented and risky idea.

As with any investor, I tried to make money in that environment, but investors must always try to do well in whatever environment.

[Clownkicker]

Well, johnforbes is on record as preferring an economic depression over a serious recession.

He sees tens of millions of people needlessly losing their homes, jobs, and going hungry as merely abstract "creative destruction".

Anyone else agree with him?

[johnforbes]

That was hardly the alternative, of course.

Corporations which did "liar loans" should have gone belly up and not been bailed out.

[Clownkicker]

johnny, you're pretending the sort of global meltdown we saw had to occur. It didn't.

If there hadn't been deregulation of the banks in the first place, they couldn't have done the things they did to cause the collapse.

And thus such "creative destruction" wouldn't have been needed in the first place.
Creative destruction is meant to apply to obsolete structures in an economy. Banks are obviously not obsolete yet, so regulating them better is all that would have been needed, along with some regulation of the derivatives markets of those investment banks.

It was all for nothing, johnny. We don't have to have that sort of economic upheaval any longer. It is caused exclusively by unfettered greed, not by 'creative construction'.

[namngulfvet]

johnny, you're pretending the sort of global meltdown we saw had to occur. It didn't.

If there hadn't been deregulation of the banks in the first place, they couldn't have done the things they did to cause the collapse.

And thus such "creative destruction" wouldn't have been needed in the first place.
Creative destruction is meant to apply to obsolete structures in an economy. Banks are obviously not obsolete yet, so regulating them better is all that would have been needed, along with some regulation of the derivatives markets of those investment banks.

It was all for nothing, johnny. We don't have to have that sort of economic upheaval any longer. It is caused exclusively by unfettered greed, not by 'creative construction'.

Creative destruction was created by Ojackass to destroy this country dumb ass

[elklindo69]

Obama: 8 years

0 investigations
0 indictments
0 convictions
0 prison sentences

Trump: ?????????????????????????????????????

[johnforbes]

Obama weaponized the IRS. Lois Lerner surely got directions from above.

Texts between Strzok and Page say that POTUS (Obama) wanted to know everything they were doing, and surely Barry knew that Hillary paid 12 million for the fake dossier.

Barry paid 3 million to the same outfit for a fake dossier on Romney.

It'll turn out that sainted Barry knew all about this, was knee deep in it.

Then he'll escape by calling the rule of law racist...

[elklindo69]

Obama weaponized the IRS. Lois Lerner surely got directions from above.

Texts between Strzok and Page say that POTUS (Obama) wanted to know everything they were doing, and surely Barry knew that Hillary paid 12 million for the fake dossier.

Barry paid 3 million to the same outfit for a fake dossier on Romney.

It'll turn out that sainted Barry knew all about this, was knee deep in it.

Then he'll escape by calling the rule of law racist...

WOW!!!

Johnnie circling back to an old Obama/Clinton retort pulled in a whopper of a lie!!!!!!

First Trump claimed 1 million, now Johnnie's claiming 3 million!

Go for the linear progression and make it 5 million next time!!!

LMFAO!!!

[johnforbes]

Obama weaponized the IRS. Lois Lerner surely got directions from above.

Texts between Strzok and Page say that POTUS (Obama) wanted to know everything they were doing, and surely Barry knew that Hillary paid 12 million for the fake dossier.

Barry paid 3 million to the same outfit for a fake dossier on Romney.

It'll turn out that sainted Barry knew all about this, was knee deep in it.

Then he'll escape by calling the rule of law racist...