Posted on 12/19/2017 12:38:40 PM PST by Trump_vs_Evil_Witch
Tax cuts are going to grow the economy by much more than expected.
Thats the verdict of the Wall Street Journals prestigious Heard on the Street column. Importantly, Heard on the Street is run by the news side of the WSJ, not its tax-cut loving editorial page. So theres no particular pro-tax cut or pro-Republican bias at work here.
Some of the pro-growth changes include eliminating any delay to the corporate tax cuts, lowering of the top individual rate, lowering rates for most taxpayers, and increasing the child tax credit. The latter is particularly important because middle-class households are more likely to spend extra income than the rich.
The tax bill could increase GDP by 1.3 percent,.....
(Excerpt) Read more at breitbart.com ...
The repatriation of billions of rasbucknicks will blow the lid off.
Mr. Trump sure does like to give us Christmas Presents. He DID SAY that we’re going to be saying Merry Christmas from now on.
Women and children hardest hit.
MAGA WINNING!!!!!!!!!!!
I told you so!
I hope lots of Rats and NeverTrumpers are crying hysterically and soiling themselves right now.
Winning, winning, we keep on winning!
One feels especially sorry for the New Yorkian zillionaires who were so attached to letting Joe Sixpack pay their state taxes.
This would been more helpful a couple days ago. We have not won yet. Flake is sandbagging if he sides with the Rats and 1 flips it fails. Alll it would take is 1 yes to switch at the last moment and there is no cushion. If McTraitor really was willing to be on hand maybe Trump should have sent AF1 to pick him up but then again you cannot trust him either. A 2 seat majority sucks.
This is exactly why the left is having a collective meltdown.
Fantastic news!
Next the WSJ will be claiming to have said so all along.
Can anyone please post a graph of how this will work?......Thanks.
This article is entirely false. Every other thread at DU lists out the millions of people who are going to die from this tax bill, and why. I trust their dispassionate, emotionless analysis a lot more than the WSJ. DU’ers are a lot more economically savvy than the editors of the WSJ.
It may be a bitter pill, but the only way to achieve prosperity is to allow the rich to prosper.
When Ronaldus Magnus said, “A rising tide lifts all boats,” some people failed to understand that the only thing that lifts all boats is a rising tide.
A tax cut for the rich is a tax cut for all of us.
Economies mainly grow by technology and social change.
Cars and radio in the 1920’s, refrigerators in the 1930’s, TV in the late 1940’s and early 1950’s, suburban growth and interstate highways after WW2, married women into the workforce in the 1970’s, Internet in the 1990’s and afterward, etc.
Adding another $1 million to $50 million makes little impact to a megamillionaire’s lifestyle.
In 1946 the Shirley Highway south of DC was a road in the sticks.
Building roads (and rezoning) is a better way to economic activity than tax cuts.
Women and children hardest hit.......Not even close to factual or true
The hardest hit will be the most socialistic states, and their progressive subversion global socialist agenda.....subsidized by tax payers in patriot-strong states.
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