General Election 2016 - Trump v. Clinton

[Henry Hawk]

The bottom line, is......now that many business' are getting taxed less, they are using it to pass out bonus' and give raises to their employee's.  But somehow, it is a bad thing still...........

[Palehorse]

- - -

So if the government is losing revenues in order to provide tax breaks to business, where is it going to make up the difference in its revenue stream at? . . .

Cause you know those congressional junkets and trips aren't going to pay for themselves don't yah?

[Henry Hawk]

So if the government is losing revenues in order to provide tax breaks to business, where is it going to make up the difference in its revenue stream at? . . .

Cause you know those congressional junkets and trips aren't going to pay for themselves don't yah?

Okay....PH, JFK, Reagan, and George W. Bush has already proved this............by reducing taxes, it does indeed stimulate our economic activity, which leads to an increase in government receipts. You can't argue with history! It is always a "win - win".

[Palehorse]

Okay....PH, JFK, Reagan, and George W. Bush has already proved this............by reducing taxes, it does indeed stimulate our economic activity, which leads to an increase in government receipts. You can't argue with history! It is always a "win - win".

What were the cornerstones to the economic declination that began in 2007 and from which the national economy is still struggling to emerge?

How will governmental receipts increase within a stagnant and depressed wage labor pool?

[Henry Hawk]

What were the cornerstones to the economic declination that began in 2007 and from which the national economy is still struggling to emerge?

How will governmental receipts increase within a stagnant and depressed wage labor pool?

How will they increase without stimulating the economy and encouraging business to re-invest?

[The Troll]

  Tell the truth Hawk.  What really built this country?  Interstates, highways, bridges, airports, railroads, dams, city government buildings, federal buildings, military, navy, air force, electric grids and many more things. 

                                                                           TAXES, DUMBASS!

  When you reduce taxes to nothing, everything falls apart.  When the Interstate Highways were built the super rich paid 90% taxes.  Now they pay 26% and you can see what has happened.   

[Henry Hawk]

  Tell the truth Hawk.  What really built this country?  Interstates, highways, bridges, airports, railroads, dams, city government buildings, federal buildings, military, navy, air force, electric grids and many more things. 

                                                                           TAXES, DUMBASS!

  When you reduce taxes to nothing, everything falls apart.  When the Interstate Highways were built the super rich paid 90% taxes.  Now they pay 26% and you can see what has happened.   

'
Hey goofball the top 20 percent of folks who file a tax return....pay 95 percent of the taxes........we don't have a revenue problem.....we have a spending problem.

[The Troll]

'
Hey goofball the top 20 percent of folks who file a tax return....pay 95 percent of the taxes........we don't have a revenue problem.....we have a spending problem.

  That goes to show just how fucked up you are.  You care more about Multi Millionaires and Billionaire than you care about anything else.  You're Crazy.   

[Henry Hawk]

  That goes to show just how fucked up you are.  You care more about Multi Millionaires and Billionaire than you care about anything else.  You're Crazy.   

You have a screw loose old man!

[Exterminator]

Okay....PH, JFK, Reagan, and George W. Bush has already proved this............by reducing taxes, it does indeed stimulate our economic activity, which leads to an increase in government receipts. You can't argue with history! It is always a "win - win".

Are you still spouting this lie even after it has been proven to you over and over and over again that it's false?

[Henry Hawk]

Are you still spouting this lie even after it has been proven to you over and over and over again that it's false?

Ex, you have NEVER proven this to be wrong........

1997-1998
According to the Congressional Budget Office, the average federal tax rate for the top one percent of income earners fell by 1.1 percentage points in 1997 and a further 1.5 percentage points in 1998. Despite the cut, individual income tax revenues rose by 9.8 percent in 1997 and 10.6 percent in 1998, even after adjusting for inflation. The economy continued to grow at a quick pace. As a percentage of GDP, combined individual and corporate income tax revenue rose by 4.4 percent in 1997 and 4.8 percent in 1998.

In 1996, the CBO projected that individual income tax revenues would be 8.4 percent of GDP in 1997 and 1998. Even though the top 1 percent paid lower tax rates in 1997 and 1998 compared to 1996, revenue exceeded the CBO's projections, coming in at 8.7 percent of GDP in 1997 and 9.3 percent of GDP in 1998.

1987-1989
In 1987, the Tax Reform Act of 1986 took effect, cutting corporate income tax rates. Among other changes, income above $1.4 million was taxed at 40 percent instead of 46 percent. In 1988, it was cut even further to 34 percent. Except for one, every quarter from 1987 to 1989 experienced annualized economic growth above five percent. Inflation-adjusted corporate income tax revenue rose every year over the same time period: 28.3 percent in 1987, 8.2 percent in 1988, and 4.3 percent in 1989. As a percent of GDP, corporate income tax revenue rose from 1.4 percent to 1.8 percent in 1987, and then increased slightly again in 1988 and 1989.

In January 1987, the CBO released its economic and budget outlook for the following five years. In 2014 dollars, it projected total revenues would be $1.7 trillion in 1987, $1.8 trillion in 1988, and $1.8 trillion in 1989. Actual revenues exceeded projections by 2.4 percent in 1987, 1 percent in 1988, and 3 percent in 1989.

1985
In 1985, the total average federal tax rate paid by the top one percent of income earners fell to 26.1 percent from 27 percent. It fell again in 1986 to 24.6 percent. Even though the top one percent of earners were paying less in taxes, total income tax revenue grew by an inflation-adjusted 8.3 percent in 1985 and 2.3 percent in 1986. Actual income tax revenue in 1985 slightly exceeded CBO's revenue projections from January of that year, by about $3 billion inflation-adjusted dollars.


The tax cuts of the 1920's


Tax rates were slashed dramatically during the 1920s, dropping from over 70 percent to less than 25 percent. What happened? Personal income tax revenues increased substantially during the 1920s, despite the reduction in rates. Revenues rose from $719 million in 1921 to $1164 million in 1928, an increase of more than 61 percent.


President Kennedy proposed across-the-board tax rate reductions that reduced the top tax rate from more than 90 percent down to 70 percent. What happened? Tax revenues climbed from $94 billion in 1961 to $153 billion in 1968, an increase of 62 percent (33 percent after adjusting for inflation).

[The Troll]

  Hey, Goony Hawk.  You're a big electrical business man.     Let's say Trump isn't president.  Would you and the company you work for, do a 2 million dollar electrical job for him, being paid for job after the job is completed?    After seeing Trump's paying record for the other business he has done with other businesses and all of his bankruptcies.  Come on please tell us.      I'll bet you wouldn't loan him a cent. 

[The Troll]

  Hey, Goony Hawk.  You're a big electrical business man.     Let's say Trump isn't president.  Would you and the company you work for, do a 2 million dollar electrical job for him, being paid for job after the job is completed?    After seeing Trump's paying record for the other business he has done with other businesses and all of his bankruptcies.  Come on please tell us.      I'll bet you wouldn't loan him a cent. 

   Cricket,  Cricket,   Cricket.  Come on Bunky Boy tell us.  Would you and your company do any work for Trump on credit.     It's a fat chance you wouldn't.

[Henry Hawk]

   Cricket,  Cricket,   Cricket.  Come on Bunky Boy tell us.  Would you and your company do any work for Trump on credit.     It's a fat chance you wouldn't.

Damn right I would and YOU would too!!!!! If he needed a plumber and you was still in business, you would be there saying Yes sir!!...and YOU know it!

He didn't become a Billionaire by screwing people......he did it because he was GOOD! PERIOD.

[Exterminator]

He didn't become a Billionaire by screwing people......he did it because he was GOOD! PERIOD.

Uh, if he had simply invested the money his father gave him and done nothing but reinvest the interest, he'd be worth $4 billion more than he claims he is now.  Actively losing $4 billion is not good in any sense of the word.