It Doesn't Run On Unicorn Farts

[GromsDad]

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[2surf]

The Mayor was questioning the integrity of those goons. I think he made a good argument.

 

[Autoprax]

Do you dummies see the collision of frames that is occurring?

Two different conversations going on at once.

 

[Duffy LaCoronilla]

Do you dummies see the collision of frames that is occurring?

Two different conversations going on at once.

Yes, but only one is based in reality.

 

[Autoprax]

Which one?

The dude seems as dumb as the hippie girl, parroting the talking points of the Right without thinking about the other side's point.

Lots of fallacies in his story.

What's his goal in engaging with hippie girl?

His rhetoric sucked.

Don't get me wrong. The hippies are retards too.

 

[Duffy LaCoronilla]

The GP girl’s whole “point” is that we have to stop using oil.

That is delusional.

 

[Autoprax]

Don't get me wrong. The hippies are retards too.

 

[FecalFace]

Where is the money going to come from?

Where's the $100 billion tax cut for the rich going to come from? (the NEW one)

Where is the $700 billion for the military going to come from, up from $460 billion?

Where’s the $12.6 billion for the Trump’s Wall going to come from? (not including maintenance)

Where is the $12 billion subsidy for the farmers that Trump fücked with his trade war going to come from?

Unicorn farts?

Seems like we have a lot of money to burn on stupid sh!t.

Hippy chick should have said that. Her arguments were weak.

 

[Duffy LaCoronilla]

Where is the money going to come from?

Where's the $100 billion tax cut for the rich going to come from? (the NEW one)

Where is the $700 billion for the military going to come from, up from $460 billion?

Where’s the $12.6 billion for the Trump’s Wall going to come from? (not including maintenance)

Where is the $12 billion subsidy for the farmers that Trump fücked with his trade war going to come from?

Unicorn farts?

Taxes, and borrowing (mainly from the chinese).

Speaking to the tax cut, it has already paid for itself through economic growth.

Tax revenue to the treasury increased after the tax cut.

FY 2019 (est.) - $3.42 trillion
FY 2018 (est.) - $3.34 trillion
FY 2017 - $3.32 trillion.
FY 2016 - $3.27 trillion.
FY 2015 - $3.25 trillion.

https://www.thebalance.com/current-u-s-federal-government-tax-revenue-3305762

 

[FecalFace]

Where is the money going to come from?

Where's the $100 billion tax cut for the rich going to come from? (the NEW one)

Where is the $700 billion for the military going to come from, up from $460 billion?

Where’s the $12.6 billion for the Trump’s Wall going to come from? (not including maintenance)

Where is the $12 billion subsidy for the farmers that Trump fücked with his trade war going to come from?

Unicorn farts?

Taxes, and borrowing (mainly from the chinese).

Speaking to the tax cut, it has already paid for itself through economic growth.

Tax revenue to the treasury increased after the tax cut.

FY 2019 (est.) - $3.42 trillion
FY 2018 (est.) - $3.34 trillion
FY 2017 - $3.32 trillion.
FY 2016 - $3.27 trillion.
FY 2015 - $3.25 trillion.

https://www.thebalance.com/current-u-s-federal-government-tax-revenue-3305762

Uh no. The tax cuts are not paying for themselves.

The deficit is growing and will surpass $1 trillion per year by 2020.

The federal deficit will hit $804 billion in fiscal year 2018, a 21 percent increase from 2017’s deficit of $665 billion.

Trump and congress passed a new tax law projected to cut government revenue by more than $1 trillion over the next 10 years.

Trump approved the funding to increase military and domestic spending by $300 billion over the next two years.

You’re smoking crack.

 

[Duffy LaCoronilla]

Where is the money going to come from?

Where's the $100 billion tax cut for the rich going to come from? (the NEW one)

Where is the $700 billion for the military going to come from, up from $460 billion?

Where’s the $12.6 billion for the Trump’s Wall going to come from? (not including maintenance)

Where is the $12 billion subsidy for the farmers that Trump fücked with his trade war going to come from?

Unicorn farts?

Taxes, and borrowing (mainly from the chinese).

Speaking to the tax cut, it has already paid for itself through economic growth.

Tax revenue to the treasury increased after the tax cut.

FY 2019 (est.) - $3.42 trillion
FY 2018 (est.) - $3.34 trillion
FY 2017 - $3.32 trillion.
FY 2016 - $3.27 trillion.
FY 2015 - $3.25 trillion.

https://www.thebalance.com/current-u-s-federal-government-tax-revenue-3305762

Uh no. The tax cuts are not paying for themselves.

The deficit is growing and will surpass $1 trillion per year by 2020.

The federal deficit will hit $804 billion in fiscal year 2018, a 21 percent increase from 2017’s deficit of $665 billion.

Trump and congress passed a new tax law projected to cut government revenue by more than $1 trillion over the next 10 years.

Trump approved the funding to increase military and domestic spending by $300 billion over the next two years.

You’re smoking crack.

FY 2019 (est.) - $3.42 trillion
FY 2018 (est.) - $3.34 trillion
FY 2017 - $3.32 trillion.
FY 2016 - $3.27 trillion.
FY 2015 - $3.25 trillion.

The deficit is growing because of spending.

Tax revenue is and will continue to increase.

I showed you the revenue numbers and provided a link to my source (the federal governemt).

If you have a source that shows a tax revenue decrease compared to previous years by all means provide a link to it.

Show me revenue number from 2015 on that shows any decrease in taxes collected.

 

[2surf]

Surfboards are made from oil.

 

[Sharkbiscuit]

Where is the money going to come from?

Where's the $100 billion tax cut for the rich going to come from? (the NEW one)

Where is the $700 billion for the military going to come from, up from $460 billion?

Where’s the $12.6 billion for the Trump’s Wall going to come from? (not including maintenance)

Where is the $12 billion subsidy for the farmers that Trump fücked with his trade war going to come from?

Unicorn farts?

Taxes, and borrowing (mainly from the chinese).

Speaking to the tax cut, it has already paid for itself through economic growth.

Tax revenue to the treasury increased after the tax cut.

FY 2019 (est.) - $3.42 trillion
FY 2018 (est.) - $3.34 trillion
FY 2017 - $3.32 trillion.
FY 2016 - $3.27 trillion.
FY 2015 - $3.25 trillion.

https://www.thebalance.com/current-u-s-federal-government-tax-revenue-3305762

Uh no. The tax cuts are not paying for themselves.

The deficit is growing and will surpass $1 trillion per year by 2020.

The federal deficit will hit $804 billion in fiscal year 2018, a 21 percent increase from 2017’s deficit of $665 billion.

Trump and congress passed a new tax law projected to cut government revenue by more than $1 trillion over the next 10 years.

Trump approved the funding to increase military and domestic spending by $300 billion over the next two years.

You’re smoking crack.

FY 2019 (est.) - $3.42 trillion
FY 2018 (est.) - $3.34 trillion
FY 2017 - $3.32 trillion.
FY 2016 - $3.27 trillion.
FY 2015 - $3.25 trillion.

The deficit is growing because of spending.

Tax revenue is and will continue to increase.

I showed you the revenue numbers and provided a link to my source (the federal governemt).

If you have a source that shows a tax revenue decrease compared to previous years by all means provide a link to it.

Show me revenue number from 2015 on that shows any decrease in taxes collected.

This. You can also see, using the same source, how tax increases affect receipts. Jan 1 2013, taxes were increased when the Bush tax cuts were set to expire, and the cut for the top bracket was not extended, thus resulting in an effective increase on the job creators.

The economy grew and the receipts did as well:

FY 2015 - $3.25 trillion.
FY 2014 - $3.02 trillion.
FY 2013 - $2.77 trillion.

We can also see revenue straight skyrocketing after Bush and Congress initially passed those tax cuts back in the early 00s:

FY 2004 - $1.88 trillion.
FY 2003 - $1.72 trillion.
FY 2002 - $1.85 trillion.
FY 2001 - $1.99 trilion.

Revenue also increased when Clinton and the Congress raised taxes in 1993:

FY 2000 - $2.03 trillion.
FY 1999 - $1.82 trillion.
FY 1998 - $1.72 trillion.
FY 1997 - $1.58 trillion.
FY 1996 - $1.45 trillion.
FY 1995 - $1.35 trillion.
FY 1994 - $1.26 trillion.
FY 1993 - $1.15 trillion.

 

[Duffy LaCoronilla]

Where is the money going to come from?

Where's the $100 billion tax cut for the rich going to come from? (the NEW one)

Where is the $700 billion for the military going to come from, up from $460 billion?

Where’s the $12.6 billion for the Trump’s Wall going to come from? (not including maintenance)

Where is the $12 billion subsidy for the farmers that Trump fücked with his trade war going to come from?

Unicorn farts?

Taxes, and borrowing (mainly from the chinese).

Speaking to the tax cut, it has already paid for itself through economic growth.

Tax revenue to the treasury increased after the tax cut.

FY 2019 (est.) - $3.42 trillion
FY 2018 (est.) - $3.34 trillion
FY 2017 - $3.32 trillion.
FY 2016 - $3.27 trillion.
FY 2015 - $3.25 trillion.

https://www.thebalance.com/current-u-s-federal-government-tax-revenue-3305762

Uh no. The tax cuts are not paying for themselves.

The deficit is growing and will surpass $1 trillion per year by 2020.

The federal deficit will hit $804 billion in fiscal year 2018, a 21 percent increase from 2017’s deficit of $665 billion.

Trump and congress passed a new tax law projected to cut government revenue by more than $1 trillion over the next 10 years.

Trump approved the funding to increase military and domestic spending by $300 billion over the next two years.

You’re smoking crack.

FY 2019 (est.) - $3.42 trillion
FY 2018 (est.) - $3.34 trillion
FY 2017 - $3.32 trillion.
FY 2016 - $3.27 trillion.
FY 2015 - $3.25 trillion.

The deficit is growing because of spending.

Tax revenue is and will continue to increase.

I showed you the revenue numbers and provided a link to my source (the federal governemt).

If you have a source that shows a tax revenue decrease compared to previous years by all means provide a link to it.

Show me revenue number from 2015 on that shows any decrease in taxes collected.

This. You can also see, using the same source, how tax increases affect receipts. Jan 1 2013, taxes were increased when the Bush tax cuts were set to expire, and the cut for the top bracket was not extended, thus resulting in an effective increase on the job creators.

The economy grew and the receipts did as well:

FY 2015 - $3.25 trillion.
FY 2014 - $3.02 trillion.
FY 2013 - $2.77 trillion.

We can also see revenue straight skyrocketing after Bush and Congress initially passed those tax cuts back in the early 00s:

FY 2004 - $1.88 trillion.
FY 2003 - $1.72 trillion.
FY 2002 - $1.85 trillion.
FY 2001 - $1.99 trilion.

Revenue also increased when Clinton and the Congress raised taxes in 1993:

FY 2000 - $2.03 trillion.
FY 1999 - $1.82 trillion.
FY 1998 - $1.72 trillion.
FY 1997 - $1.58 trillion.
FY 1996 - $1.45 trillion.
FY 1995 - $1.35 trillion.
FY 1994 - $1.26 trillion.
FY 1993 - $1.15 trillion.

Yes. Revenues have generally increased (a few exceptions during economic downturns) year after year regardless of whether taxes were relatively high or relatively low.

So given the fact that (within a certain range of rates) tax revenues continue to increase whether taxes are high or taxes are low then what is the justification for the higher rates?!?!?!?!?!?!?!?!?

 

[Sharkbiscuit]

Taxes, and borrowing (mainly from the chinese).

Speaking to the tax cut, it has already paid for itself through economic growth.

Tax revenue to the treasury increased after the tax cut.

FY 2019 (est.) - $3.42 trillion
FY 2018 (est.) - $3.34 trillion
FY 2017 - $3.32 trillion.
FY 2016 - $3.27 trillion.
FY 2015 - $3.25 trillion.

https://www.thebalance.com/current-u-s-federal-government-tax-revenue-3305762

Uh no. The tax cuts are not paying for themselves.

The deficit is growing and will surpass $1 trillion per year by 2020.

The federal deficit will hit $804 billion in fiscal year 2018, a 21 percent increase from 2017’s deficit of $665 billion.

Trump and congress passed a new tax law projected to cut government revenue by more than $1 trillion over the next 10 years.

Trump approved the funding to increase military and domestic spending by $300 billion over the next two years.

You’re smoking crack.

FY 2019 (est.) - $3.42 trillion
FY 2018 (est.) - $3.34 trillion
FY 2017 - $3.32 trillion.
FY 2016 - $3.27 trillion.
FY 2015 - $3.25 trillion.

The deficit is growing because of spending.

Tax revenue is and will continue to increase.

I showed you the revenue numbers and provided a link to my source (the federal governemt).

If you have a source that shows a tax revenue decrease compared to previous years by all means provide a link to it.

Show me revenue number from 2015 on that shows any decrease in taxes collected.

This. You can also see, using the same source, how tax increases affect receipts. Jan 1 2013, taxes were increased when the Bush tax cuts were set to expire, and the cut for the top bracket was not extended, thus resulting in an effective increase on the job creators.

The economy grew and the receipts did as well:

FY 2015 - $3.25 trillion.
FY 2014 - $3.02 trillion.
FY 2013 - $2.77 trillion.

We can also see revenue straight skyrocketing after Bush and Congress initially passed those tax cuts back in the early 00s:

FY 2004 - $1.88 trillion.
FY 2003 - $1.72 trillion.
FY 2002 - $1.85 trillion.
FY 2001 - $1.99 trilion.

Revenue also increased when Clinton and the Congress raised taxes in 1993:

FY 2000 - $2.03 trillion.
FY 1999 - $1.82 trillion.
FY 1998 - $1.72 trillion.
FY 1997 - $1.58 trillion.
FY 1996 - $1.45 trillion.
FY 1995 - $1.35 trillion.
FY 1994 - $1.26 trillion.
FY 1993 - $1.15 trillion.

Yes. Revenues have generally increased (a few exceptions during economic downturns) year after year regardless of whether taxes were relatively high or relatively low.

So given the fact that (within a certain range of rates) tax revenues continue to increase whether taxes are high or taxes are low then what is the justification for the higher rates?!?!?!?!?!?!?!?!?

The purpose of taxes is to pay for spending, and you won't find anyone with their hands out more than Republicans. The corpo military contractor profiteers, Social Security (old people, mostly white) and Medicare (old people, mostly white)...I have a handy toilet for the Department of Homeland Security.

You'll note revenues decreased and the economy sat there and sucked after the first round of Bush tax cuts, which I think blows a hole in the argument that tax cuts result in economic growth and increased revenue, especially since there is at least as much evidence that tax hikes result in economic growth, if we're going to simply it to a simple correlation.

The justification for higher rates is paying for the spending the Conservatives (spare me the no true Scotsman; Ryan is an Ayn Rand fanboi) can't seem to cut. The revenue increase year over year after the latest round of tax cuts is not cutting it compared to when some of the tax cuts expired under Baracka Flocka Flames.

When was the last time Republicans ever actually went after spending? Coolidge? Grant? Food in public schools?

Maybe if they either actually cut spending, or actually raised taxes enough to pay for it, we'd have an actual conversation about fiscal priorities, instead of swiping the card and running up the tab.

 

[FecalFace]

 

[Autoprax]

So wait ... are you saying the tax cuts for the billionaires is a bad thing?

It's very confusing.

 

[FecalFace]

It's trickling.

You just wait.

&#128166;&#127814;&#9994;&#127996;

 

[Mr Doof]

 

[Duffy LaCoronilla]

The purpose of taxes is to pay for spending, and you won't find anyone with their hands out more than Republicans. The corpo military contractor profiteers, Social Security (old people, mostly white) and Medicare (old people, mostly white)...I have a handy toilet for the Department of Homeland Security.

You'll note revenues decreased and the economy sat there and sucked after the first round of Bush tax cuts, which I think blows a hole in the argument that tax cuts result in economic growth and increased revenue, especially since there is at least as much evidence that tax hikes result in economic growth, if we're going to simply it to a simple correlation.

The justification for higher rates is paying for the spending the Conservatives (spare me the no true Scotsman; Ryan is an Ayn Rand fanboi) can't seem to cut. The revenue increase year over year after the latest round of tax cuts is not cutting it compared to when some of the tax cuts expired under Baracka Flocka Flames.

When was the last time Republicans ever actually went after spending? Coolidge? Grant? Food in public schools?

Maybe if they either actually cut spending, or actually raised taxes enough to pay for it, we'd have an actual conversation about fiscal priorities, instead of swiping the card and running up the tab.

The economic downturn (and subsequent lowering of tax receipts) during the first few years of Bush were the result of the dot com bubble burst.

As for spending. I agree 100%. Our deficits are a spending problem.

Cut away.

I’m pretty sure the country did just fine under the Clinton era spending levels. For a start we should go back to that.

Then we can cut more from there.

Everything is on the table.