Rei
Lv 5

Why aren't Trumps giant tax cuts paying for themselves yet? Shouldn't the deficit be dropping, instead of going way up?

19 Answers

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  • Jeff S
    Lv 7
    1 year ago
    Favourite answer

    Only his morons believed him!

    • Erik
      Lv 7
      1 year agoReport

      truth

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  • 1 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.

  • 1 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.

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  • Anonymous
    1 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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  • Clem
    Lv 4
    1 year ago

    They are and they will, just wait and you will see

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    • RICK
      Lv 7
      3 weeks agoReport

      Reagans tax cuts never paid for themselves
       Bush's tax cuts never paid fo themselves 
      Trumps tax will never pay for themselves
      Never has revenue went up due to tax cuts

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  • 1 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.

  • sam
    Lv 6
    1 year ago

    he lied......................................

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  • Yavan
    Lv 7
    1 year ago

    No.

    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.

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  • 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.

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  • Anonymous
    1 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.

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