To: ronnietherocket3
"If he can get it down to 70% of what it is now, that is better than anything any of our recent presidents have done."ALL the income tax revenue over an entire 8 year term wouldn't even do that.
14 posted on
04/22/2016 6:44:25 PM PDT by
norwaypinesavage
(The Stone Age did not end because we ran out of stones)
To: norwaypinesavage
All Federal would get it to within 10%, all Federal and State well over.
22 posted on
04/22/2016 6:49:33 PM PDT by
HiTech RedNeck
(Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
To: norwaypinesavage
ALL the income tax revenue over an entire 8 year term wouldn’t even do that.
When Trump made the claim that he was going to pay off the national debt in 8 years, his base of supporters considered it heresy to question it.
I’ll be interesting to see how they backpeddle this although the early indication judging by the responses thus far they’re going to bring up Cruz
28 posted on
04/22/2016 6:52:57 PM PDT by
LMAO
(" I probably identify more as Democrat," Donald Trump 2004)
To: norwaypinesavage
ALL the income tax revenue over an entire 8 year term wouldn't even do that.
The US National Debt is $20 trillion. 70% of that is $14trillion, meaning we need to get it down $6 trillion over 8 years, or $750billion a year. That is about half the annual income tax revenue.
If you include the Social Security Trust Fund and Medicaid Trust Fund, then we won't.
29 posted on
04/22/2016 6:53:02 PM PDT by
ronnietherocket3
(Mary is understood by the heart, not study of scripture.)
To: norwaypinesavage
You are very ignorant of what is commonly known as a “one-write-system”.....when you do books properly. The howling will get louder as he becomes President and then when the light is turned on the roaches will be scurrying over one another to avoid jail and prosecution....a true “draining of the swamp” that pelosi and Ryan wade in.
36 posted on
04/22/2016 6:58:29 PM PDT by
mythenjoseph
(Separation of powers)
To: norwaypinesavage
ALL the income tax revenue over an entire 8 year term wouldn't even do that. Tax revenue is over 3 trillion over year, so it could be paid off, but everyone loves their gravy, so that ain't happening...
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