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GOP tax cut: Revenuse grow, rich pay more

Dittohead not! said:
What you don't seem to understand is that the price of and demand for houses in California are not going down. Both are going up. The idea that people are leaving California can be easily dismissed simply by looking at the real estate ads. Tax revenue, then, is also going up.
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Now that is pretty funny, you are excited about property values dropping but not losing Revenue through sales tax excise tax state income tax or other revenue streams to fund all those illegals in your state

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Conservative said:
Now that is pretty funny, you are excited about property values dropping but not losing Revenue through sales tax excise tax state income tax or other revenue streams to fund all those illegals in your state

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Are you reading anything I post?
 
Dittohead not! said:
Are you reading anything I post?
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Yes and it is quite stunning that someone with such supposed intelligence like you believes that lowering house prices will offset people leaving the state and taking with them their income spending with them that affects sales, excise, income tax revenue. Your lack of concern seems to resonate throughout your own state as many still are trying to impose California values on the rest of the nation and with those values comes the massive debt, low quality of life, and high cost of living
 
Conservative said:
Yes and it is quite stunning that someone with such supposed intelligence like you believes that lowering house prices will offset people leaving the state and taking with them their income spending with them that affects sales, excise, income tax revenue. Your lack of concern seems to resonate throughout your own state as many still are trying to impose California values on the rest of the nation and with those values comes the massive debt, low quality of life, and high cost of living
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Once more, just because:

House prices are not going down
The population is increasing.
The state GDP per capita is growing faster than that of the nation at large.
I've posted all of that, complete with graphs and links.

If people were fleeing the state, then house prices would drop. So would the tax base. My point: That isn't happening. Now, please do read my post before responding.
 
Conservative said:
Yes and it is quite stunning that someone with such supposed intelligence like you believes that lowering house prices will offset people leaving the state and taking with them their income spending with them that affects sales, excise, income tax revenue. Your lack of concern seems to resonate throughout your own state as many still are trying to impose California values on the rest of the nation and with those values comes the massive debt, low quality of life, and high cost of living
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Ummm Dittohead has already shown you the data that shows that house prices are not going lower, population is increasing, the States GDP is growing,

So none of what you are claiming is supported by the evidence.
 
jaeger19 said:
Ummm Dittohead has already shown you the data that shows that house prices are not going lower, population is increasing, the States GDP is growing,

So none of what you are claiming is supported by the evidence.
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What part of people leaving THE STATE don't you seem to understand?????? How do you collect taxes or sell homes to people LEAVING THE STATE?? Are you people really this poorly informed
 
The thread title is: GOP tax cut: Revenuse (sic) grow, rich pay more

Let's see how those revenues grew:

Dfk47XSU8AEW1aP.jpg:large


fredgraph.png
 
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Dittohead not! said:
Once more, just because:

House prices are not going down
The population is increasing.
The state GDP per capita is growing faster than that of the nation at large.
I've posted all of that, complete with graphs and links.

If people were fleeing the state, then house prices would drop. So would the tax base. My point: That isn't happening. Now, please do read my post before responding.
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Got it, the article posted was wrong because the population is growing, doesn't matter that it is with the homeless, illegals coming for all those free services that the taxpayers leaving the state will no longer fund
 
MTAtech said:
The thread title is: GOP tax cut: Revenuse (sic) grow, rich pay more

Let's see how those revenues grew:

Dfk47XSU8AEW1aP.jpg:large


fredgraph.png
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So you believe the rich can fund your liberal spending appetite? You always care more about what someone else pays than how the money is wasted and how state and local responsibilities are shifted to the federal govt. Brilliant liberal strategy that has been rejected over and over. You posted revenue data for tax cuts that went into effect February 2018 and ignored the largest monthly budget surplus in US History in April. What is it about liberalism that hates seeing others keep more of what they earn?
 
Conservative said:
So you believe the rich can fund your liberal spending appetite? You always care more about what someone else pays than how the money is wasted and how state and local responsibilities are shifted to the federal govt. Brilliant liberal strategy that has been rejected over and over. You posted revenue data for tax cuts that went into effect February 2018 and ignored the largest monthly budget surplus in US History in April. What is it about liberalism that hates seeing others keep more of what they earn?
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The claim is that lower tax-rates bring in more revenue. That seems not to be the case. I made no other claim in my post.
 
MTAtech said:
The claim is that lower tax-rates bring in more revenue. That seems not to be the case. I made no other claim in my post.
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Treasury seems to disagree with you, so why don't you call them and tell them that their numbers are wrong? You always post data with no context. If federal income taxes were cut then post federal income tax revenue which you haven't done. I have done that over and over again and still you have class Envy, jealousy and want to promote higher taxes on others

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Conservative said:
Treasury seems to disagree with you, so why don't you call them and tell them that their numbers are wrong? You always post data with no context. If federal income taxes were cut then post federal income tax revenue which you haven't done. I have done that over and over again and still you have class Envy, jealousy and want to promote higher taxes on others
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My numbers are U.S. government figures. If you think the U.S. Treasury disagrees, the obligation is on you to cite contrary information -- not to take the lazy way out and simply assert.
 
MTAtech said:
My numbers are U.S. government figures. If you think the U.S. Treasury disagrees, the obligation is on you to cite contrary information -- not to take the lazy way out and simply assert.
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Your numbers are total and totally ignore the FIT line in the treasury data.

Here is your problem, FROM TREASURY

Personal Income taxes

January-March 2016 1.928.9 trillion

January-March 2017 2.018.9 trillion

January-March 2017 2016.5 trillion

Looks like an increase to me on FEDERAL INCOME TAXES
 
Conservative said:
Your numbers are total and totally ignore the FIT line in the treasury data.

Here is your problem, FROM TREASURY

Personal Income taxes

January-March 2016 1.928.9 trillion

January-March 2017 2.018.9 trillion

January-March 2017 2016.5 trillion

Looks like an increase to me on FEDERAL INCOME TAXES
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Means nothing if it doesn't pay for spending.
 
Conservative said:
Your numbers are total and totally ignore the FIT line in the treasury data.

Here is your problem, FROM TREASURY

Personal Income taxes

January-March 2016 1.928.9 trillion

January-March 2017 2.018.9 trillion

January-March 2017 2016.5 trillion

Looks like an increase to me on FEDERAL INCOME TAXES
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You have two different numbers for January-March 2017. Perhaps the last one is January-March 2018, which shows a DROP. (2016.5 trillion < 2.018.9 trillion.) Remember, January-March 2017 were under the old tax laws, so there is no surprise it's higher than 2016.
 
MTAtech said:
You have two different numbers for January-March 2017. Perhaps the last one is January-March 2018, which shows a DROP. (2016.5 trillion < 2.018.9 trillion.) Remember, January-March 2017 were under the old tax laws, so there is no surprise it's higher than 2016.
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I stand by my numbers


?
Table 3.1. Government Current Receipts and Expenditures
[Billions of dollars] Seasonally adjusted at annual rates
Bureau of Economic Analysis
Last Revised on: May 30, 2018 - Next Release Date June 28, 2018

Line 2016 2017 2018
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
1 Current receipts 5239.5 5281.2 5359.3 5371.3 5490.2 5458.4 5552.4 5574.3 5491.6
2 Current tax receipts 3670.9 3708.3 3776.2 3760.3 3804.7 3820.2 3875.7 3926 3804.8
3 Personal current taxes 1928.9 1950.7 1983.8 1977.2 2018.8 2007.9 2058.1 2109.7 2076.5
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You are absolutely clueless and typical of a leftwing radical who is jealous of what someone else has and envious. Wish I knew what created this kind of passion and no problem of letting data make you look foolish
 
Conservative said:
I stand by my numbers


?

You are absolutely clueless and typical of a leftwing radical who is jealous of what someone else has and envious. Wish I knew what created this kind of passion and no problem of letting data make you look foolish
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Your numbers confirm that tax receipts dropped after the tax-cuts went into effect.
 
MTAtech said:
Your numbers confirm that tax receipts dropped after the tax-cuts went into effect.
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Obviously math is another subject that you know nothing about

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MTAtech said:
Your numbers confirm that tax receipts dropped after the tax-cuts went into effect.
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So, 1928.9 to 2076.5 is a decrease?? Really? And you wonder why I say you have no credibility? You don't have a clue and liberal elites love having people like you. If you cut FIT and FIT revenue goes up that doesn't cause deficits
 
Conservative said:
Got it, the article posted was wrong because the population is growing, doesn't matter that it is with the homeless, illegals coming for all those free services that the taxpayers leaving the state will no longer fund
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Exactly That's why the GDP per capita is growing faster in California than in the country at large: The homeless and illegals are contributing so much to it.


Yes, yes, indeed, that was sarcasm. Please don't take it at face value this time!
 
Conservative said:
So, 1928.9 to 2076.5 is a decrease?? Really? And you wonder why I say you have no credibility? You don't have a clue and liberal elites love having people like you. If you cut FIT and FIT revenue goes up that doesn't cause deficits
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2109.7 > 2076.5
 
MTAtech said:
2109.7 > 2076.5
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I actually posted the treasury spreadsheet showing personal income taxes for 2016 first quarter 2017 first quarter 2018 first quarter. You have posted nothing except two sets of numbers. Post your spreadsheet

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Conservative said:
I actually posted the treasury spreadsheet showing personal income taxes for 2016 first quarter 2017 first quarter 2018 first quarter. You have posted nothing except two sets of numbers. Post your spreadsheet

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Jeez con, since the rate change was effective in Jan, all you need to do is compare 2017 4Q to 2018 1Q....which is what MTAtech did. They are the last 2 amounts highlighted.

cmon, man.
 
Dittohead not! said:
Exactly That's why the GDP per capita is growing faster in California than in the country at large: The homeless and illegals are contributing so much to it.


Yes, yes, indeed, that was sarcasm. Please don't take it at face value this time!
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Yep, the rich get richer and the poor get poorer, leading the nation in homelessness, poverty and having the lowest quality of life are significant accomplishments and show you live in a bubble with no idea what is going on in your state. You and MTA
 
Conservative said:
What part of people leaving THE STATE don't you seem to understand?????? How do you collect taxes or sell homes to people LEAVING THE STATE?? Are you people really this poorly informed
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I guess the part where you claim people are leaving the state.

Dittohead posted the evidence which shows that home prices are increasing,

GDP is increasing

And population is increasing.

So how do you arrive at people leaving the state? If people are leaving the state in droves and hurting the economy.. the real estate should be dropping in price (all those people selling their homes and leaving the state).

GDP should be dropping (all those people selling out and leaving)

And population should be dropping (again.. people leaving).

Your premise does not hold water compared to Dittoheads evidence.

What can't you understand? Please explain why if people are leaving the state in droves.. home prices are going up, population is increasing and gdp is increasing.
 
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