To: Kaslin
The debt crisis is a result of the trade issues. Fixing trade means:
- Lower safety net payments as people go back to work.
- Higher income tax revenues as people go back to work.
- Higher income tax revenues as wages rise.
- Higher tariff revenues.
- Higher corporate tax revenues as more American companies can compete against foreign imports.
- Higher corporate and income tax revenues as more money remains in the American economy and is spent here.
9 posted on
04/11/2018 9:43:40 AM PDT by
DannyTN
To: DannyTN
Exactly, Focus on the problem not the symptoms.
16 posted on
04/11/2018 9:52:33 AM PDT by
JayGalt
(Let Trump Be Trump)
To: DannyTN
Next, start cutting deadwood at the federal level, brutally. Pruning encourages new growth!
29 posted on
04/11/2018 10:09:38 AM PDT by
JimRed
( TERM LIMITS, NOW! Build the Wall Faster! TRUTH is the new HATE SPEECH.)
To: DannyTN
exactly. they are the same problem, attempting to live off the largesse of someone else rather than the product of your own labor.
To: DannyTN
Exactly!
Man I wish we had more thinkers here.
The tax bill was passed, and it is likely to double federal tax receipts within a few years.
That WILL help with the budget deficit.
Seems almost like Democrats are posting here sometimes.
45 posted on
04/11/2018 11:13:38 AM PDT by
DoughtyOne
(01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 50% increase 1.2183 yrs..)
To: DannyTN
Re: The debt crisis is a result of the trade issues.
I disagree.
The debt crisis is caused by decades of reckless spending and unfunded political promises.
Increasing national income and tax revenue will simply allow higher levels of reckless spending and more unfunded political promises.
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