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Re: The economy comes crashing down
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Re: The economy comes crashing down
Today is Tuesday, Feb. 7,2023. And I still won't respond to the trolls.
Let's expose the lies pushed by democrats and repeated by (you know you are).
Exclusive—Alfredo Ortiz: New CBO Report Makes a Fool of AOC and Vindicates the Tax Cuts and Jobs Act
When recently questioned by reporters outside the U.S. Capitol about the ongoing debt ceiling fight, Rep. Alexandria Ocasio-Cortez (D-NY) remarked, “the largest contributor to our deficit has been the Trump tax cuts.”
It’s an intellectually bankrupt argument that has been parroted by left-wing politicians and talking heads since the Tax Cuts and Jobs Act was debated and passed in 2017.
Fortunately, the facts have finally caught up with the tax cuts’ detractors while supporters have been vindicated. A new report from the Congressional Budget Office (CBO) proves that, on top of the tax cuts contributing to one of the strongest economies in half a century pre-pandemic, the package didn’t compromise the federal budget.
The CBO data reveals the government collected a record $4.9 trillion in revenue last year, nearly $500 billion more than what had been projected. The uptick in government collection was experienced across the board. Receipts from corporate and individual income taxes surpassed expectations by about 25 and 11 percent respectively.
And 2022 wasn’t a fluke. Federal revenue is up a total of roughly $1.5 trillion since 2018, or about 40 percent since the tax cuts went into effect that same year.
This is why I finally decided to stop responding to the trolls. They lie. You can't reason with them. They'll keep repeating the same ol' lies. No apology from them for their lies.Last edited by BillyCarpenter; 02-07-2023, 05:05 PM.Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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Re: The economy comes crashing down
Fun Fact the Trump Administration added 25% of the National Debt in Just 4 Years
BTW the post is Great the Surplus is under the Biden Administration Booming Economy
Thanks for posting
The CBO data reveals the government collected a record $4.9 trillion in revenue last year, nearly $500 billion more than what had been projected. Biden Boomm Baby
All under the Biden Administration plan great job President Biden
I already posted the Trump Administration failed tax cuts try using Google next time Billy it's pretty embarrassing to keep making you look so foolishLast edited by bsm2; 02-07-2023, 02:15 PM.Comment
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Re: The economy comes crashing down
I've stopped trying to reason with the gatekeeper (you know who you are). He's no different than the rest of the amigos. They aren't here to try to expand their knowledge, they are here only to repeat the garbage they are fed by right wing media and lying maga politicians.Comment
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Re: The economy comes crashing down
I just put the other troll on the ignore list for lying.Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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Re: The economy comes crashing down
Experts saying recession is less likely. This should disappoint the boo bird amigos.
IMF managing director says U.S. economy will slow, but could avoid recession - CBS NewsComment
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Re: The economy comes crashing down
World economic outlook is improving as well.
Improved global economy means good news for U.S. economyComment
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Re: The economy comes crashing down
Bond Market Indicator Flashing Biggest Recession Warning in Decades - Truth PressComment
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