Free Republic
Browse · Search
News/Activism
Topics · Post Article

Thanks so much for your support to this point... I personally apprecaite it...
FReepers, it's far beyond time to wrap up this FReep-a-thon.  Lets do it today.  Please chip in.


President Donald J. Trump and the Free Republic of the United States of America
President Donald J. Trump's address to the United Nations on 09/19/2017.

Ramirez political cartoon:  Google LARGE VERSION 06/12/2019: LINK  LINK to regular sized versions of his political cartoons (archive).
Garrison political cartoon:  Socialism the Millennial Flytrap LARGE VERSION 06/2019: LINK  LINK (scroll down) to regular sized versions of his political cartoons (archive).




FReepers, 98.870% of the Second Quarter FReep-a-thon goal has been met.  Click above and pencil in your donation now.  Please folks, lets end this FReepathon.  Thank you!

...this is a general all-purpose message, and should not be seen as targeting any individual I am responding to...

Just $114.00 dollars to 99.00%

2 posted on 06/14/2019 10:34:50 AM PDT by DoughtyOne (This space for rent...)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: DoughtyOne

“But that conveniently overlooks the fact that individual income tax revenues are up by $17 billion, and payroll taxes are up more than $30 billion. Both are signs of a healthy job market that pushed the unemployment rate to 50-year lows and is boosting wages as the labor market tightens.”

Funny how Corporate Income Tax numbers are conveniently not mentioned.... Could it be, that they are DOWN from last year?

If they are, and since this article explicitly leaves them out, then you better believe they are, that, like it or not, falls at the feet of the tax cut put into place. Payroll Taxes are not “REVENUE” per se as they are supposed to be going to Social Security, not fund the government operation, although everyone knows they do... So if personal income increases are not above corporate tax decreases, we are looking at a net negative in revenues that can be laid right at the tax law that was passed.

Like it or not, blaming the new tax law (at least in part) is NOT being dishonest.... Yes spending needs to be reigned in, no doubt, but when your revenues are net down, you can’t blame that on run away spending.


13 posted on 06/14/2019 11:19:33 AM PDT by HamiltonJay
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson