« GRITZ Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Senate Passes Trumps Big Beautiful Bill, Now One Final Step from Presidents Desk

By: monkeytrots in GRITZ | Recommend this post (0)
Wed, 02 Jul 25 1:28 AM | 14 view(s)
Boardmark this board | Grits Breakfast of Champeens!
Msg. 10688 of 12043
(This msg. is a reply to 10686 by Zimbler0)

Jump:
Jump to board:
Jump to msg. #

>>> Personally I do not like the 'Big Beautiful Bill' because IT IS a 'Monster Bill' ...

and because it has the same initials as the Brandon 'Build Boondoggles Bigger' schtik.




Avatar

Finally, brethren, whatsoever things are true, whatsoever things are honest, whatsoever things are just, whatsoever things are pure, whatsoever things are lovely, whatsoever things are of good ...




» You can also:
- - - - -
The above is a reply to the following message:
Re: Senate Passes Trumps Big Beautiful Bill, Now One Final Step from Presidents Desk
By: Zimbler0
in GRITZ
Wed, 02 Jul 25 1:18 AM
Msg. 10686 of 12043

Decomposed > While I believe such an occurrence is inevitable, I'd like it to be as far in the future as possible. The BBB is going to hasten its arrival.


Maybe . . . Maybe not.
If Trumps tariffs work as he thinks they ought it could lead to more manufacturing jobs in America. (With increased tax revenues.)

And, correct me if I'm wrong . . . But haven't actual tax cuts lead to a stimulation of the economy and increases in tax revenues?

(The article below is talking about Trumps first tax cuts.)
>>>
In Actual Dollars, Tax Cuts Boost Revenue Time After Time

http://www.discoursemagazine.com/p/in-actual-dollars-tax-cuts-boost-revenue-time-after-time

One problem: Federal revenue didn’t fall after the big Trump administration tax cuts, much less by $2 trillion. Instead, total revenue rose. In fact, after trimming the rates for five of the seven brackets and nearly doubling the standard deduction, the government collected nearly $100 billion more in personal income tax revenue for the year ended Sept. 30, 2018. That was the biggest jump in three years.
>>>

(I would suggest reading the entire article.)

Personally I do not like the 'Big Beautiful Bill' because IT IS a 'Monster Bill' And those abortions need to be outlawed.

Zim.


« GRITZ Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next