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originally posted by: luthier
originally posted by: nwtrucker
a reply to: antiantonym
Of course there will be spending cuts.
One step at a time. Besides, those cuts will be somewhat in relation to revenues. They will come.
First step would be to freeze spending. But they have been fighting that for decades.
It's basically drinking wine in the desert.
originally posted by: bigfatfurrytexan
a reply to: lordcomac
Dunno man...while I loathe the CIA, I suspect they equate to a financial net win for the US.
Biggest dope dealers on Earth.
originally posted by: luthier
a reply to: nwtrucker
You don't know of any third party tax foundations or research groups?
For instance the tax foundation shows 1 trillion not 4 and they are pro this cut.
However, what do you think happens with a housing collapse, interest rate hike, or even small regional wars like iraqi freedom? Or heaven forbid north Korea. No tax cut is the end all be all of growth. Human behavior isn't always easy to predict. Having a rainy day fund like Norway would be nice.
The only benefit the tax cuts are going to really have, if you can call it that, is increasing wages.
originally posted by: Martin75
a reply to: antiantonym
Everyone hated Reagan's tax cut too....until it worked. Give it a chance.
Come back and talk to us in February.
originally posted by: Willtell
originally posted by: Martin75
a reply to: antiantonym
Everyone hated Reagan's tax cut too....until it worked. Give it a chance.
Come back and talk to us in February.
Reagan's tax cuts didn't work, hes raised taxes 11 times after the cuts
originally posted by: luthier
a reply to: nwtrucker
Exactly. Wait and see.
But it hasn't worked since jfk. That is my cynicism. That and the same idiots in Congress have been fighting spending freezes for decades.
I agree. Time to cut ALL military spending which did absolutely NOTHING to protect us on 9/11.
originally posted by: xuenchen
originally posted by: Willtell
originally posted by: Martin75
a reply to: antiantonym
Everyone hated Reagan's tax cut too....until it worked. Give it a chance.
Come back and talk to us in February.
Reagan's tax cuts didn't work, hes raised taxes 11 times after the cuts
He did ?
Lots of promises to help shareholders. Two promises to hire more workers. No promises to raise wages. By Heather Long Updated Dec. 21, 2017