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The White House is reportedly considering cutting taxes again to offset possible negative effects of tariffs on foreign trade. According to Thursday reports, the Trump administration could spend billions of dollars in tariff revenues on a new fiscal stimulus package. The idea, which was proposed by Florida Senator Rick Scott, would offset a potential rise in costs of imports to U.S. consumers and support GDP growth. Democrat officials have claimed the trade war with China could hurt the purchasing power of Americans.
originally posted by: contextual
Does it state how they intend to pay for these tax breaks for the rich?
The idiots have gotten the debt over three trillion already, it's as if they want a recession.
originally posted by: contextual
Does it state how they intend to pay for these tax breaks for the rich?
The idiots have gotten the debt over three trillion already, it's as if they want a recession.
originally posted by: contextual
Does it state how they intend to pay for these tax breaks for the rich?
The idiots have gotten the debt over three trillion already, it's as if they want a recession.
originally posted by: Metallicus
originally posted by: contextual
Does it state how they intend to pay for these tax breaks for the rich?
The idiots have gotten the debt over three trillion already, it's as if they want a recession.
What is your metric for if someone is rich? How do you know who is going to get these tax cuts? Last time Trump cut taxes I got several thousand dollars and I certainly do not consider myself “rich”? Your statement is baseless hyperbole with no data to back it up.
Read the damned thing.
originally posted by: contextual
Does it state how they intend to pay for these tax breaks for the rich?
The idiots have gotten the debt over three trillion already, it's as if they want a recession.
Senator Scott is urging the U.S. government to tax foreign companies and help U.S. consumers and companies. “We’ve gotta help American companies to do everything we can to buy American product, we get more American jobs and stop helping China, they’re mot a partner,” he stated. “So, I think anything we raise in tariffs, we should give back to the American public in tax reductions, so it doesn’t impact American families.” White House officials, however, admit they are uncertain if the proposed plan would get through Democrat-controlled House.