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- Dec 9, 2009
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More of your falsehoods and issue avoidance.
Republicans, and Trump, sold the tax cuts as business incentives to open up more investment, efficiency of exchange, higher wages, economic growth stimulating to “offset lost government revenue.”
None of it happened.
What ended up happening was more cash on hand to initiate stock buybacks inflating the markets, increased distance between top executive pay and all other income quintiles, what little “investments” made have already flattened out, and ultimately the economy never improved enough to generate enough new tax revenues to make up the difference. (In fact every single time Republicans have claimed it would, it never did. Ever.)
Nice try to avoid the issue talking about liberal this or liberal that, all Trump’s / Republican’s tax cuts did was benefit the wealthy and reverse course on our deficit conditions making matters worse... again.
Not sure where you get your information but what results prove your point? What is it about liberalism that creates people like you who buy what you are told and ignore actual results. 5 million jobs have been created in 2 years and 2 trillion added to GDP, when was the last time that happened? People keeping more of what they earn really bothers you, doesn't it? How do you give a tax cut to people who don't pay FIT?