Why aren't Trumps giant tax cuts paying for themselves yet? Shouldn't the deficit be dropping, instead of going way up?
- Jeff SLv 71 year agoFavourite answer
Only his morons believed him!
- Casey YLv 71 year ago
I find it super confusing that you are asking about tax cuts vs the deficit...as though the two were linked somehow.
Trade deficits are related to international commerce and tax cuts are related to entities paying US taxes....these are linked inherently.
I see where you are going here...and I agree...your argument is disjointed though.
- StephenWeinsteinLv 71 year ago
No, taxes were already too low, and Trump made them even lower. For the deficit to drop, taxes would have to be higher.
- Anonymous1 year ago
Not only is the deficit going up in actual dollars, the ratio of debt to GDP (gross domestic product) is significantly increased over what it was under "tax & spend" Obama.
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- ClemLv 41 year ago
They are and they will, just wait and you will see
- curtisports2Lv 71 year ago
Tax cuts 'don't pay for themselves'. Money belongs to the people that earned it, not to the government. There need to be spending cuts to reduce deficits. But politicians on both sides of the aisle cement their political power through welfare. Free benefits to the able-bodied, non-productive and tax 'incentives' to corporations, at the expense of the producing class.
- samLv 61 year ago
- YavanLv 71 year ago
The GOP is the anti-science party.
With its continued support of creationist movements, it's at war with biology, astronomy, geology… and everything that's in any way connected to these sciences.
It's insistence climate change is a hoax also puts it at odds with astronomy, chemistry, climatology, physics...
With trickle down economics, they're actually going after mathematics.
- 1 year ago
Trump has spent more during the first 2.5 years of his presidency than Obama did. At least Obama had the excuse of the worst global recession in 80 years, but Trump's spending took place during a time of economic growth. There is simply no excuse.
- Anonymous1 year ago
Well, if democrats would let us cut these horrible social programs like welfare and obamacare we might get somewhere not to mention the amount of money we have to keep spending on border control because you jerks are blocking the wall.