I don’t understand the idea of tax cuts being revenue neutral. Isn’t the idea to bring in more revenue than you’re spending?
Marko
“Well Matt...I can appreciate that you’d like to boost your ratings, but I won’t be participating in your childish games. Now, do you have any serious questions before I go?”
I noticed that Lauer never asked 0bama to raise his right hand and swear you can keep your doctor and you can keep your plan and the that the affordable health care plan will save you money . I could go on to other promises he made and lied about but we all know he was a habitual liar .
If the plan is revenue neutral then why don’t we just be honest and say we are NOT cutting taxes. What revenue neutral means is they cut the corp tax then increase taxes or taxable income somewhere else to make up for it.
Maybe it isn’t revenue neutral - maybe the Government is going to have to give up a few frills to let the people keep more of their own money.....
Of course it’s not revenue-neutral. For all I know, after the economy kicks into gear, it might be revenue-positive!
Why don’t we actually get rid of basline budgeting, cut the budget, AND reduce taxes? Forget this revenue neutral nonsense, and forget this deficit foolishness.
Lauer would never ask a liberal to swear to anything, among many reasons one would be everyone knows liberals lie about everything.
Answer thus, If passed as is unimpeded in even the slightest way by the progressive liberal democrat socialist party and their corrupt courts or any unforeseen catastrophic events; this Bill when finalized by the congress will be revenue neutral, to this right hand to GOD I do swear...
He should have said, “ After you raise your right hand and swear you don’t suck c’ck.”
How much does the interest, on the debt Obama left, cost each year?
Obama had carte blanche to run up outrageous deficits — and left Trump with a huge debt-service problem.
It might help to continuously remind voters & taxpayers of this. Start by reporting “operating budget less debt-service charges”. Make balancing the budget, less debt-service charges, an objective. Then work on balancing the budget including legacy debt-service charges. Finally, chase the debt-and-deficit-free unicorn.
We don’t want revenue neutral. We want reduced revenue and matching reduced spending!
yes....
The bill is revenue neutral except the resultant revenues might exceed current revenues as a result of the “G” factor
The equation is R =(I * Tr) + G
Where R is revenue
I is income
TR is the tax rate
and G is growth
Matt, I know you probably can’t comprehend an algebraic equation, but understanding the math is key yo understanding the tax reformation