The inevitable Biden tax increase

LV426 said:
Right but pay a lower effective rate than they did before.




You mean like the 2017 Tax Cut and Jobs Act?




No they don't.

A Decline in Capital Investment Reveals the False Promise of Drumpf’s Tax Bill
In the second half of last year, the growth in business investment fell sharply, and the slowdown has continued into 2019. During the second quarter of this year, according to last week’s G.D.P. report from the Commerce Department, it turned negative.
https://www.newyorker.com/news/our-...-reveals-the-false-promise-of-trumps-tax-bill

Trump created fewer jobs in his first three years than Obama did in his last three.
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You linked to an editorial. In the New Yorker.
:oprah:
 
LV426 said:
You're a crybaby who is afraid of conflict, but mostly afraid that people will figure out that you're not as smart, savvy, or intuitive as you want everyone to believe.
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More irony here. Keep at it, as every ad-hom is a debate point for me, and I'm crushin' it.

:snoop:
 
China Joe said:
The economy was rocking after the Trump tax and regulation cuts.
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And before, Regulations are your friends. It is what keeps the corporations from being worse citizens than they are. They give us cleaner air, land, and water. They set up parameters to keep business corruption in line. It is easy up see why corporations want to eliminate regulations, but difficult to understand why normal citizens will act against their bests interests. Repub voters do vote against themselves. It is sad.
 
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China Joe said:
You linked to an editorial. In the New Yorker.
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You're a little bitch.

National Income and Product Accounts Gross Domestic Product, Second Quarter 2019 (Advance Estimate) and Annual Update

The deceleration in real GDP in the second quarter reflected downturns in inventory investment, exports, and nonresidential fixed investment.

https://www.bea.gov/system/files/2019-07/gdp2q19_adv_1.pdf
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The tax cut did not increase investment nor did it create any jobs.

In fact, the tax cut was so terrible that it plunged manufacturing into a recession for all of 2019:

U.S. manufacturing was in a mild recession during 2019, a sore spot for the economy
https://www.washingtonpost.com/busi...mild-recession-during-2019-sore-spot-economy/

Everything you support, everything you believe, everything you adhere to...it's all bullshit.
 
China Joe said:
More irony here. Keep at it, as every ad-hom is a debate point for me, and I'm crushin' it.
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This is what you tell yourself so you don't have to confront anything or anyone, because you're scared of conflict having lost every conflict in your life.
 
LV426 said:
You're a little bitch.



The tax cut did not increase investment nor did it create any jobs.

In fact, the tax cut was so terrible that it plunged manufacturing into a recession for all of 2019:

U.S. manufacturing was in a mild recession during 2019, a sore spot for the economy
https://www.washingtonpost.com/busi...mild-recession-during-2019-sore-spot-economy/

Everything you support, everything you believe, everything you adhere to...it's all bullshit.
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1. Irony.
2. GDP includes FedCo spending, which decreased, meaning more freedom for working Americans.
3. Irony.
 
China Joe said:
The economy was rocking after the Trump tax and regulation cuts.
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LMAO! This is a lie too.

Trump never once topped Obama's best annual GDP growth rate, coming 0.04% shy in his best year.

Trump's economy was so fucking shitty, that manufacturing was in a recession for all of 2019, and the rest of the economy followed in February 2020 before the COVID lockdowns:

U.S. manufacturing was in a mild recession during 2019, a sore spot for the economy
https://www.washingtonpost.com/busi...mild-recession-during-2019-sore-spot-economy/

It's official: Recession began in February, ending longest U.S. expansion ever
https://www.cbsnews.com/news/united-states-recession-started-february/

There is not a single metric to prove Trump's economy was any better than Obama's, and in fact, the data shows it was much worse.
 
Nordberg said:
And before, Regulations are your friends. It is what keeps the corporations from being worse citizens than they are. They give us cleaner air, land, and water. They set up parameters to keep business corruption in line. It is easy up see why corporations want to eliminate regulations, but difficult to understand why normal citizens will act against their bests interests. Repub voters do vote against themselves. It is sad.
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Don't let him get away with lying about the economy doing well before COVID.

The economy did not do well before COVID.

Manufacturing was in a recession for a year before COVID was even a thing, and the economy entered a recession in February 2020, a month before any COVID lockdowns.

Conservative economic policy always fails.
 
LV426 said:
LMAO! This is a lie too.

Trump never once topped Obama's best annual GDP growth rate, coming 0.04% shy in his best year.

Trump's economy was so fucking shitty, that manufacturing was in a recession for all of 2019, and the rest of the economy followed in February 2020 before the COVID lockdowns:

U.S. manufacturing was in a mild recession during 2019, a sore spot for the economy
https://www.washingtonpost.com/busi...mild-recession-during-2019-sore-spot-economy/

It's official: Recession began in February, ending longest U.S. expansion ever
https://www.cbsnews.com/news/united-states-recession-started-february/

There is not a single metric to prove Trump's economy was any better than Obama's, and in fact, the data shows it was much worse.
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More editorials lol?
 
China Joe said:
1. Irony.
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How so?

GDP includes FedCo spending, which decreased, meaning more freedom for working Americans.
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No. You're fucking Wrong. FedCo spending INCREASED. From the same report:

The deceleration in real GDP in the second quarter reflected downturns in inventory investment, exports, and nonresidential fixed investment. These downturns were partly offset by accelerations in PCE and federal government spending.
https://www.bea.gov/system/files/2019-07/gdp2q19_adv_1.pdf
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How is it that every single fucking thing you say is wrong?

How is that possible?

It's like you have to actively try to be wrong about everything at this point.
 
China Joe said:
More editorials lol?
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imrs.php
 
China Joe said:
More editorials lol?
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Just because you're too lazy and too afraid to click on links doesn't make those links Op-Eds.

It just makes you look like someone who is afraid of conflict, or who is afraid of being challenged in a public forum.

I continue to believe that you're a coward, and you're doing nothing to dispel that notion.
 
Nomad said:
But there so many other legitimate reasons to hate Trump.

Like....

He was/is the biggest and most shameless liar in the history of the Presidency and probably US politics in general.

He was/is utterly and completely unqualified to hold any elected office whatsoever.

He was/is morally bankrupt.

He was/is only interested in what benefits himself, over and above anyone and everyone else including the American public.

He was/is a sleazy scumbag.

He was/is intellectually weak.

He was/is an obnoxious blowhard who is only capable of responding to criticism by hurling insults.

He was/is given to throwing temper tantrums when things don't go the way he wants them to.

I'm sure there are a few more items that could be added to the list, but for right now, this will do for a start.
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I find it fascinating that you can make Trump sound just like you.....
 
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