Not disagreeing. And the chart did show wages going down more quickly than before. I just liked B-bob's point that even with the data that proves the point, someone felt the need to make it look more dramatic.
Guess civilian federal employees are going to be asked to pay for those tax cuts corporations and the very rich got...
Perhaps, because... it does benefit corporations and the rich more... Internal GOP Poll: 'We've Lost the Messaging Battle' on Tax Cuts https://www.bloomberg.com/news/arti...l-we-ve-lost-the-messaging-battle-on-tax-cuts
...I thought, when you were looking to bribe someone or "pay" for votes... ...well, maybe it's just me (and math was never really my best subject in school)... ...it just sort of seems to be part of the deal to actually PAY those bribes out...wouldn't it?
While you pay your share and think you pay too much for taxes, just remember that trump and kushner dodged their taxes...
this might deserve its own thread, but since its due in part to tax cuts ill just post here... https://www.cnbc.com/2018/10/15/us-...illion-in-fiscal-2018-as-spending-surges.html US budget deficit expands to $779 billion in fiscal 2018 as spending surges The federal budget deficit rose 17 percent in fiscal 2018, according to the Trump administration. Spending jumped, and revenue only increased slightly following the GOP tax cuts. The Trump administration has pushed for dramatic budget cuts at several agencies and supported massive increases in military spending. The U.S. federal budget deficit rose in fiscal 2018 to the highest level in six years as spending climbed, the Trump administration said Monday. The deficit jumped to $779 billion, $113 billion or 17 percent higher than the previous fiscal period, according to a statement from Treasury Secretary Steven Mnuchin and Office of Management and Budget Director Mick Mulvaney. It was larger than any year since 2012, when it topped $1 trillion. The budget shortfall rose to 3.9 percent of U.S. gross domestic product. The deficit increased by $70 billion less than anticipated in a report published in July, according to the two officials. Federal revenue rose only slightly, by $14 billion after Republicans chopped tax rates for corporations and most individuals. Outlays climbed by $127 billion, or 3.2 percent. A spike in defense spending, as well as increases for Medicaid, Social Security and disaster relief, contributed to the increase. The Trump administration and congressional Republicans have pledged their commitment to fiscal discipline, despite the fact that they passed a tax law projected to dramatically expand budget deficits last year and then authorized a boost in spending. In a statement, Mulvaney claimed that "America's booming economy will create increased government revenues," a point the GOP has repeatedly argued in favor of its tax plan. "But this fiscal picture is a blunt warning to Congress of the dire consequences of irresponsible and unnecessary spending," he added. "Going forward, President Trump and this Administration will continue to work with Congress to make the difficult choices needed to bring fiscal restraint, which, when matched with increasing revenue, will reduce our deficit." Several independent analyses have estimated the GOP tax plan will cause budget deficits to grow dramatically over time, even after economic growth is taken into account. The Trump administration has proposed dramatic cuts to spending in several government agencies to reduce deficits. Even many Republicans have rejected the severity of proposed budget cuts. The Treasury noted that receipts related to "excise, customs and other" jumped to $35 billion in September 2018, a 35 percent increase over the prior-year period. It is unclear how much of that revenue relates to Trump's tariffs on imports from major trading partners.
For all of us that didn't get the corporation/rich person tax cut... h, and look, just before the midterms, imagine that...
I thought the previous tax cut was hugely beneficial to all Americans. Why does the middle class need more? Selfish jerks.
Heaven help us. We are spending more than we make, so let's make less and then we will have extra time to afford what we couldn't afford in the first place because. . . . . .. . . . . Trickle down economics ? ? ? ? ? ? ? We are screwed, seriously this is just beyond crazytown. This just proves that Donald Trump has no idea what he is doing financially. It's not like he can have the US declare bankruptcy like he did multiple times. We need regular class citizens in government again. I don't care if they are Republican or Democrat I just want a person in government who has balanced a checking account once or twice in the last 10 years. What we have is a large group of people who are no longer attached to reality of day to day life. Everything is provided and done for them so they forget the simple things. Its like putting Micheal Jackson in charge of your finances.
...I'd bet dollars to donuts that's EXACTLY what the Donald believes... ...he's made more money off the U.S. Government that China has with all of those U.S. debts they hold...
