BUYING VOTES 101

The national debt went up by $1.2 TRILLION in the last fiscal year. Tax revenue plummeted, while spending skyrocketed. Interest on the debt soared to an all-time high. Promise more tax cuts with no plan to pay for them by cutting spending. That’s the ticket. Now you know what they taught at the defunct Trump University. But when this mountain of debt come tumbling down, it will be the Fed’s fault for raising interest rates above 2%. So it goes. I wonder how much my taxes will go up after this “cut”.

Image result for funny trump tax cuts

Via Marketwatch

Trump says he will propose 10% tax cut for middle-income earners

Speaking to reporters on the White House law, President Donald Trump said the administration will propose what he called a “resolution” to cut taxes by 10% for middle-income earners. He made clear that this would be for Congress to enact and not to be done administratively. He acknowledged that Congress would not take up any legislative proposal until after the election.

Subscribe
Notify of
guest
18 Comments
Tommy
Tommy
October 22, 2018 3:52 pm

Fake it till you make it, baby…..

Or my personal favorite,
‘Deficits don’t matter’.

However, if the world is broke and apparently in a global race to the bottom – does it matter? It’s gonna blow up anyway, might as well go crazy …….ctrl P, right?

CCRider
CCRider
October 22, 2018 3:53 pm

He’s just feeding the chickens. There will be no tax break for the rabble-there never is. Real financial tax benefits (as opposed to fake ones) go to the 1%. The rest of us are milk cows or when they tire of us; beef cows (Doug Casey). It’s designed to toss a bone to his flock for not building the wall. It’s a safe bet for him.

CCRider
CCRider
  CCRider
October 23, 2018 8:07 am

WAIT! THIS JUST IN!!! Now eliminating the estate tax! All this candy just in time for Halloween.

Hilarious.

TomMacGyver
TomMacGyver
October 22, 2018 4:29 pm

Yeah; he’s spending a lot of money… on everything the mocha messiah let fall apart for eight years… while he was giving away the store to illegal immigrants and welfare bums…

pyrrhus
pyrrhus
  Administrator
October 22, 2018 4:49 pm

No politician will ever make significant cuts to welfare or the extremely bloated US military, because politics…So your hyperventilating is pointless. If Trump were prudent, he would be defeated and replaced by a politician favoring “free” everything…

Craven Warrior
Craven Warrior
  Administrator
October 22, 2018 6:38 pm

80 might be too high.

pyrrhus
pyrrhus
October 22, 2018 4:46 pm

Raising taxes never works, as Congress will always spend even more regardless. Trump should slash taxes for his base, which has been screwed over for 50 years….This tut tutting about “prudent” fiscal policy is just silly, the sooner the US defaults, the better.

Iska Waran
Iska Waran
October 22, 2018 5:22 pm
steve
steve
October 22, 2018 5:44 pm

We all pay for our “tax breaks” regardless of any BS spin. The debt increases and the cows get a milk’n down the road at some point. My teats hurt already.

Craven Warrior
Craven Warrior
October 22, 2018 6:37 pm

Cut the spending!! I don’t particularly care for Hannity, but if every bureau and every department would cut a lousy 1% pretty soon that would be real money. And that includes MY lousy social security check.

MadMike
MadMike
October 22, 2018 6:46 pm

Yup, no tax cut for those people. Tax cuts aren’t for the people who actually pay some taxes.
They are for the bigger than what I payed, refund getting, earned income receiving crowd.
If it’s for actual tax payers THAT is a problem.

Vodka
Vodka
October 22, 2018 7:44 pm

Remember also; the next Federal income tax returns will allow for double the previous Standard Deduction for those that use it. Revenues will surely plummet further. The future might think of a mere $1.2 trillion annual deficit as ‘the good ol’ days’.

Platoplubius
Platoplubius
October 22, 2018 7:46 pm

No wonder the average person tries to avoid politics like the plague!!!

Such deception, misdirection and outright manipulation of the English language and human thought to spin events in a certain light!

Exhausting! No wonder we are so cynical and apathatetic…a product of our environment

Platoplubius
Platoplubius
October 22, 2018 7:52 pm

What good is a 10% tax cut when health care premiums are as high as they are and the tariffs put in place are going to make most things that much more expensive….not to mention gas prices???

It’s like they think we see the misdirection….trust the plan!

Assume the position, this time no lube! But don’t worry there have been studies done now that say not living up your asshole before someone fucks the shit out of it is better than using lube!!

My friend who moved to Texas went to the Trump rally there….and sent me a picture of him wearing his MAGA hat!!!

So smart yet so incredibly naive and gullible.

Grizzly Bare
Grizzly Bare
October 22, 2018 8:42 pm

10% front door tax cut eaten up by unseen backdoor printing by the fed.

gatsby1219
gatsby1219
October 23, 2018 7:25 am

You liberals can always pay extra…..

Platoplubius
Platoplubius
  gatsby1219
October 23, 2018 3:25 pm

Who the FUCK talks like that …

” You _(fill in the blank)_” blah blah blah