Posts Made By: Mel Maki

Originally Posted by Richard Davis

They were RATE cuts.  I know you don't understand the difference, but there is a difference.  

Considering that revenues increased to the gov't after the tax rate cuts, and businesses hired to the point where we had the lowest unemployment rate for every demographic because of the tax rate cuts, which in turn created that many new workers who became taxpaying citizens (i.e. revenues to the gov't), and businesses gave big bonuses to people who worked for them, yes the tax rate cuts paid for themselves.  

You do remember when many companies repatriated and brought their businesses and employees back to the US when they were told by President Trump if you come back you'll get to pay a one time tax (much lower than they would have under Obama)?

You remember the list of companies that gave bonuses to their workers and big raises as well, right? 

Or have you forgot?  There was a small pamphlet put up on the internet at one time which listed many hundreds of businesses that gave bonuses and/or raises to their workers, and they were big bonuses.

Here's one little snippet of companies who gave big bonuses, courtesy of USA Today Newspaper:

https://www.usatoday.com/story/money/2018/01/11/list-companies-paid-bonuses-boosted-pay-since-tax-bill-passed/1023848001/

From the above article:

BONUS BABIES

Here's a list of some of the major, well-known U.S. companies that have paid out bonuses or upped pay since President Trump signed the tax reform bill into law on Dec. 22:

Company

Bonus    No. of employees getting bonus


AT&T

$1,000    200,000


Alaska Airlines

$1,000    19,000


American Airlines

$1,000    130,000


Bank of America

$1,000    145,000


BB&T

$1,200    27,000


Comcast

$1,000    100,000


Fifth Third Bank

$1,000    13,500


Jet Blue

$1,000    21,000


Nationwide 

$1,000    29,000


PNC Financial

$1,000    47,500


Sinclair Broadcast

$1,000    9,000


Southwest Airlines

$1,000    55,000


Travelers

$1,000    14,000


U.S. Bancorp

$1,000    60,000


Walmart

up to $1,000  


And that is just a tiny snippet of the list of companies that gave big bonuses to their employees BECAUSE of the Trump tax cuts.

I guess you forgot about that, but the most likely excuse is that you never knew.

Had the Dems and Repubs not spent way too much over the past several decades, we may not have the financial conditions we are in today as a nation.

While Pres. Trump was in office what was the increase in family income over that time?  How much more did each family put in their pockets under President Trump?

Originally Posted by Greg Shaffer

Rod puts up some whacky shit no doubt but the revisionist crap in this one is beyond the pale.....

Reality check: under the eight years of Obama/Biden, the debt doubled from $10 trillion to $20 trillion, and that was without a pandemic to deal with. They also had the first trillion-dollar deficits in history. Under Trump, the economy boomed, unemployment plummeted to record lows and there were no trillion-dollar deficits for three years. Then, China (yes, I said it) unleashed a pandemic, and the government had to spend trillions of dollars to keep the shut-down economy afloat. Democrats not only supported that spending, many complained it wasn’t nearly enough.

And now Biden actually wants us to believe that it’s Trump’s fault that we have to raise the debt limit, even as he’s pressuring Congress to pass nearly $5 trillion in additional spending.