GeorgeH Loc: Jonesboro, GA

We have friends in Kansas who've spoken of Governor Sam Brownback's disastrous budget "experiments." Now the GOP plans to try the same foolish, stupid plan on the entire country!

https://slate.com/business/2017/11/republicans-are-about-to-repeat-kansas-tax-cut-disaster.html?wpsrc=newsletter_tis&sid=5888590c1e5603fd4d8b46a8

Trickle-down economics has been shown time and time again to be a fraud. Yet Congress seems about to prove its stupidity once again.... I've read one definition of insanity as trying the same failed plan over and over, and expecting different results. Oh well....

EyeSawYou

Only a complete fool would believe this crap, I have never been hired by a poor man or woman....always a wealthy person. Yes, trickle down does work...even Obama admitted that trickle down economics works.

EyeSawYou

https://www.youtube.com/watch?v=FqLjyA0hL1s

Lower Taxes, Higher Revenue

Should tax rates be higher? It's the million dollar question! Up? Down? No change? Where in the world should taxes go? In e******n years, the question of tax rates fills the airwaves. In non-e******n years, the question of tax rates, again, fills the airwaves. So what's the answer? UCLA Professor of Economics Tim Groseclose explains his research on the topic. Basically, there's a certain point at which higher tax rates actually reduce the amount of revenue the government collects. What's that point? When are tax rates too high? Learn a valuable lesson in economics, and public policy.

https://www.youtube.com/watch?v=FqLjyA0hL1s

Checkmate Loc: Southern California

Trickle up economics works every time. Ask Santa for a new brain this year for Christmas. Are you trying to out stupid Princess Pokeacuntis Warren?

GeorgeH Loc: Jonesboro, GA

And when did Obama make that admission?

Blurryeyed Loc: NC Mountains.

Again, more outrageous lies of the left that the minions of the left buy into so easily. I will remind you that under Obama we never saw GDP growth at 3% during any year of his presidency and we also saw average earnings actually decrease for American families, so let's take a look at Reagan, the target of your lie. Below you will find facts that you can verify by simply looking them up, do a little research George, don't simply buy into the lies of the media and our current crop of socialist academics.

GDP growth under Reagan, 1983 - 4.6% 1984 - 7.3% 1985 - 4.2% 1986 - 3.5% 1987 - 3.5% 1988 - 4.2% Median incomes during the same years rose from $19,155 in 1982 to 25,872 in 1988, clearly about a 25% increase in Household income during Reagan's two terms....

EyeSawYou

Obama said this “…your employer, it’s estimated, would see premiums fall by as much as 3000% which means they could give you a raise.” I am sure he meant $3,000 not 3000% of course, he misspoke. But..... isn't this contrary to Liberals own mantra that trickle down economics does not work??? This is what we have been trying to tell Liberals about cutting taxes for job creators which are the business owners, give them tax breaks so they will be able to give us our raises. :)


https://youtu.be/lUd-slJc-GY?t=1m

dirtpusher Loc: tulsa oklahoma

Yup it works. Ask raygun. He only had two recession. Kansas friend said property tax has tripled.

Why do you suppose rayguns still not in place today. If it such a great deal. Lol

Blurryeyed Loc: NC Mountains.

Actually Reagan's tax policies for the most part are still in place, silly lib, he lowered the highest tax bracket down from 70% down 28% and the silly libs have managed over the years to raise the taxes back up to about 40%. I would says the Reagan's influence is alive and well.

EyeSawYou

LOL you are so stupid it's not even funny, Reagan inherited the first recession and had another not long after recovery, had nothing to do with his tax cuts you nutjob. lol Regan also had a faster and stronger recovery than the loser Obama had....the so called "Obama's recovery" was weak and snail slow while Reagan's was strong and much faster.

“While arguing over President Reagan’s 1981 tax cuts, Democrats claimed it would only benefit the rich. The Democrat speaker of the House at the time, Tip O’Neill, called them royal tax cuts, because he claimed they favored the wealthiest Americans. What really happened was more than 14 million new jobs were created over five years; incomes grew by over 22 percent for the next seven years; and the economy grew by over 3.5 percent, on average, for the rest of the decade.”

— White House press secretary Sarah Huckabee Sanders, during a press briefing, Oct. 31

EyeSawYou

"Barack Obama exposes himself as an i***t on the economy. Even if it means less tax revenue for the government, he'll raise capital gains taxes because he thinks that it is "fair". He's a spread the wealth socialist."



https://www.youtube.com/watch?v=54jr3Ceu894&t=37s

dirtpusher Loc: tulsa oklahoma

You so full s**t as usual.

The net effect of all Reagan-era tax bills resulted in a 1% decrease of government revenues (as a percentage of GDP), with the revenue-shrinking effects of the 1981 tax cut. They are all gone.

dirtpusher Loc: tulsa oklahoma

not like this i***t.
The net effect of all Reagan-era tax bills resulted in a 1% decrease of government revenues (as a percentage of GDP), with the revenue-shrinking effects of the 1981 tax cut

EyeSawYou

LOL facts escapes you doesn't it lol?

HOW DID REAGAN'S POLICIES AFFECT ECONOMIC GROWTH?

Despite the steep recession in 1982--brought on by tight money policies that were instituted to squeeze out the historic inflation level of the late 1970s--by 1983, the Reagan policies of reducing taxes, spending, regulation, and inflation were in place. The result was unprecedented economic growth:
This economic boom lasted 92 months without a recession, from November 1982 to July 1990, the longest period of sustained growth during peacetime and the second-longest period of sustained growth in U.S. history. The growth in the economy lasted more than twice as long as the average period of expansions since World War II.10
The American economy grew by about one-third in real inflation-adjusted terms. This was the equivalent of adding the entire economy of East and West Germany or two-thirds of Japan's economy to the U.S. economy.11
From 1950 to 1973, real economic growth in the U.S. economy averaged 3.6 percent per year. From 1973 to 1982, it averaged only 1.6 percent. The Reagan economic boom restored the more usual growth rate as the economy averaged 3.5 percent in real growth from the beginning of 1983 to the end of 1990.12

http://www.heritage.org/taxes/report/the-real-reagan-economic-record-responsible-and-successful-fiscal-policy

EyeSawYou

LOL BS, you are stupid. lol

Bill Clinton signed legislation that dropped cap gain tax from 25% to 20%, G Bush dropped it from 20% to 15% and in both instances when the rates dropped, the government revenue increased, they took in more revenue. When the tax was increased in the 80's (Reagan), the tax revenue went DOWN....one of Reagan's few mistakes I might add. This was taken from Charlie Gibson's question to Obama/Hillary. LOL give it up....I have facts.....you have imaginations. lol

https://www.youtube.com/watch?v=gJimLZRC9N8&t=5s