Quote (fender @ 2 Apr 2021 05:40)

while ignoring the data that is DIRECTLY related to it and proved that the result was a decrease in tax revenue

Quote (fender @ 2 Apr 2021 05:40)

but can't even admit to the most obvious and easy observation about republicans' selective concern about fiscal spending, depending on if they are in charge or not. it's pathetic really...

Quote (InsaneBobb @ 2 Apr 2021 14:48)

Federal tax revenue rose in both 2018 and 2019, and preliminary numbers indicate it continued to rise in 2020. You've failed the "fact test".

5 million additional private sector jobs, with average salary increases of $3700, mean salary increases of $2700 all provide a much higher Personal Income tax pool, which provides the bulk of Federal Revenue.

Literally, the first two years of the tax break PROVED that it was not only a good idea, it was a GREAT idea, and generated more Federal income than it lost. You're 100% wrong, because you're focused on a meaningless number.

"Corporate income tax has dropped by 40%!" So? We already knew that was going to happen. That's exactly what anyone with a brain would expect when you reduce the Corporate Tax rate from 39% to 21%. How stupid can one person be?

If you do not bother to evaluate the massive gains by the Federal Government in the Personal Income Tax and FICA revenue and just focus on the most idiotically obvious nonsensical "point" that is completely irrelevant to any assessment of the Tax plan, you aren't prepared to analyze a single thing.



Republicans aren't about to ram through a partisan $2 Trillion spending bill that will rely 100% on deficit spending after they've already approved $4.2 trillion in spending this year. I mean FFS, it's only April! If they were, I'd absolutely be critical of them. As is, unlike you, I'm focused on criticizing those who are CURRENTLY being fiscally irresponsible in a way so huge, it's about to add an overnight $2 Trillion to the Federal Debt. :)

Quote (fender @ 2 Apr 2021 06:08)

you physically can't do it, can you? it's hilarious.

also, "directly related" should have enough context for you to realise that i'm referring to corporate tax revenue (which has decreased not increased) as i have in all my previous posts - something a semi-literate (or honest) person would be aware of.

Quote (InsaneBobb @ 2 Apr 2021 15:25)

Can't do what? Criticize whoever is blowing out the budget? That's what I'm actively doing. You're the one trying to point fingers at Republicans for a purely partisan Democratic spending bill.

Corporate Tax revenue is a meaningless number. Any increase in the corporate tax rate will (at least short term) increase that number, and any decrease will reduce that number. That number is not RELEVANT when you're looking at the overall impact of a tax bill. Private sector job creation/loss, average/mean earnings increase/decrease, and total Federal Revenue are the only meaningful numbers, and all of those numbers increased significantly. The Tax Plan was a success. For all that, I fully expect you'll waste my time with yet another inane and completely thoughtless "rebuttal".

Quote (fender @ 2 Apr 2021 06:30)

what part of "the overwhelming majority of the tax breaks went into stock buybacks, and not your fairy tale, countless times debunked, economic illiterate narratives about job creation" don't you get?

also, democrats are not the ones claiming they are "fiscally responsible", while not caring about the deficit at all when it comes to spending for their donors. the point is the hypocrisy and the dishonesty - something you're physically incapable of attesting republicans, lol. pathetic.

Quote (InsaneBobb @ 2 Apr 2021 15:38)

Explain how Federal Tax revenues increased in 2018/19. Explain how from January 2018 to December 2019, 5 million private sector jobs were added. Explain how average salaries increased $3700 from January 2018 to December 2019 and mean salaries by $2700.

You're making claims about, "Well, most tax breaks were spent here or there or or or or!!" You're reaching so hard in such a stupid fashion it's incredible. Tax plan was implemented and federal revenue went up, 5 million new jobs were created in the Private Sector, and salaries went up. Win.

Regarding Republican hypocrisy, they given plenty of chances for us to criticize them. The "Infrastructure Bill" that's going to add $2 Trillion to the Federal Debt at a time where half the nation is still locked down is not one of them. Dems own the House, Senate, and White House. I get that you've got a hard on for republicans. That's your problem. Reasonable people understand that Biden is President now, not Trump, and Democrats in Congress are fully in charge. :)

Quote (fender @ 2 Apr 2021 07:19)

most importantly though, you still avoid the FACT that republicans are massive hypocrites when it comes to "fiscal responsibility". when they are in charge they LOVE to spend in order to serve their donors, they only dig up that talking point when dems are in charge.

Quote (InsaneBobb @ 2 Apr 2021 16:54)

Deleted the drivel. Be serious or shut the fuck up.

Regarding your accusation towards Republicans, that hits both ways, you're just too stupid to realize it. At the time of the First Gulf War, Democrats were screaming over fiscal irresponsibility by the H.W. Bush Administration. During the Clinton Era, Republicans were screaming about overspending and a failure to use the great economy to create a rainy day fund and instead driving up the debt yet another trillion. During the entire Bush administration, Democrats, Independents, and a good majority of Republicans were 100% all over W's nuts over his $6.1 Trillion addition to the Debt. Under Obama, most independents and Dems were silent about Obama's extreme blowout of $8.6 trillion to the deficit and only Republicans could be heard howling. Under Trump, the Democrats made a brave comeback, nonstop fingerpointing over Trump's $6.7 Trillion add to the debt, and even with covid costs attached to that blowout, while Republicans were silent and Independents were 50/50. Now, a mere 3 months into his Administration, Biden is poised to outstripe them all, outspending the estimated federal revenue for the entire year by close to $3 Trillion, and the year's just begun.

First, the hypocrisy goes both ways. Dems shout their outrage, Republicans shout theirs. Both have consistently failed since Wilson to observe any form of fiscal responsibility whatsoever at a Federal level. If you wish to look at States, rank 1 through 10 for "least Debt" are all Red. Rank 1 through 10 for "most Debt" all but one are blue. If there's a high ground to be had anywhere when it comes to fiscal responsibility, it's by leaders of red states. At the federal level? They're all a fucking joke, and have been for a century.

But surprisingly, not a single other President has laid plans to increase the debt by 10% (nearly 3 trillion) in his first 3 months in office, without even needing to fund wars, and all during an artificially depressed economy. So why am I not shouting at Republicans? Because they aren't the people who're causing today's problem. Tomorrow, when it IS the Republicans again? Don't worry, I'll be here. :)

On a final note: You don't know shit about tax policy or economics. You're easily one of the most braindead people on PaRD. Save yourself some effort and don't bother responding, chump.

Quote (fender @ 2 Apr 2021 08:19)

the difference is: dems don't pretend to be fiscally conservative / responsible. republicans do. also, republicans tend to have their spending sprees on wars, corporations, and rich people, democrats tend to spend on social programs and average americans.

it's the hypocrisy that is my point, but you're such a partisan shill that you can't even admit that, and rather try to make it a "both sides" thing. pathetic but admittedly hilarious...