The Soapbox

Hoodafan

Joined: 09/29/2013 Posts: 60824
Likes: 57453


And what if I got a promotion because my company decided this pro-business


climate, their retaining of more profit, or the 100% expensing allowed under the new code would be a good time to expand? Or I got a bigger bonus because my customers had more money to buy more of my widgets this year? Or I took some of my Cap Gains that went up because the Co. bought back shares or their price was driven up based on the prospect of retaining more profits?

That's kind of the point. You can't assume the income you want to plug into the old code would be the same if not for the tax cuts. As a matter of fact, you shouldn't assume that, as that would be a stupid assumption. My suggestion is they conservatively estimated the impact of those tax cuts to come to their $1.1T figure. And based on revenues thus far, it seems my suggestion will prove correct. You can argue whether that growth came from tax cuts, other policy moves, or other reasons, but that doesn't make adding $1.1T to the debt any more true.

And the CBO never said the tax cuts would add $1.5T (or 1.1) directly to the debt? Huh? Wasn't that the whole point to their scoring it? And what the absurd claims made as if that were "fact" are all about?

(In response to this post by 00 Hoo)

Posted: 06/11/2019 at 4:53PM



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A simple request for the board. When you link to -- 111Balz 06/10/2019 2:44PM
  Sure bud.... -- ftwuva 06/12/2019 09:12AM
  LOL ** -- ryno hoo 06/10/2019 4:49PM
  Didn't know he was the one that cried about that ** -- HokieDan95 06/11/2019 10:50AM
  Oh. The humanity. ** -- 111Balz 06/11/2019 05:33AM
  You are comparing apples and oranges. -- 00 Hoo 06/10/2019 8:13PM
  The US economy is not static. Federal spending -- KCHoo 06/10/2019 5:30PM
  You are still pushing that garbage. ** -- 111Balz 06/10/2019 4:11PM
  Here's your answer -- 111Balz 06/10/2019 4:39PM
  Why read a less redacted version -- Hoodeac 06/10/2019 4:23PM
  Some more facts for those who did read on -- Hoodeac 06/10/2019 3:47PM
  I read "A Rape on Campus." What is your point? ** -- GoneFromBad 06/10/2019 3:03PM
  Are you telling me GoneFromBad comment was a -- VaTechie 06/10/2019 3:50PM
  Nothing to do with your response. ** -- 111Balz 06/10/2019 3:09PM
  Really strong response yourself. ** -- GoneFromBad 06/10/2019 3:25PM
  You mean try reading for comprehension? -- BambooHoo 06/10/2019 2:55PM
  And just what the mean do you fuck by that? ** -- Hoos Operator 06/10/2019 3:06PM

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