US Government hitting debt limit faster due to... Tax Cuts

Broke Wave

The GOAT
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The sad thing is Tax Cuts or Tax Breaks can be an effective tool for stimulating certain economic behaviours that lead to growth... if the gigantic broad paintbrush tax cuts Republicans often ask for are totally ideological and based in their belief that the government should contract.

There is no difference between socialists who want to redistribute wealth on an ideological basis and republicans who want tax cuts on a different basis. Both are not based on economic reality regardless of whether you agree with either idea. Even if I believe in socialist ideas (I do), I wouldn’t pretend that all of them are conducive to growth. Republicans act like their cult of trickle down is an actual net positive in and of itself.
 

ExodusNirvana

Change is inevitable...
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The sad thing is Tax Cuts or Tax Breaks can be an effective tool for stimulating certain economic behaviours that lead to growth... if the gigantic broad paintbrush tax cuts Republicans often ask for are totally ideological and based in their belief that the government should contract.

There is no difference between socialists who want to redistribute wealth on an ideological basis and republicans who want tax cuts on a different basis. Both are not based on economic reality regardless of whether you agree with either idea. Even if I believe in socialist ideas (I do), I wouldn’t pretend that all of them are conducive to growth. Republicans act like their cult of trickle down is an actual net positive in and of itself.
I'd be ok if there were tax cuts for certain sectors or industries that actually benefit the American people

For example, tax cuts specifically for Solar, Wind and Renewable Energy companies SPECIFICALLY in order to stimulate the adoption of cleaner environmental policies and energy usage.
 

Colilluminati

TAMRON HALL STAN
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On Monday, Treasury said that the United States will need to borrow $441 billion in privately held debt this quarter, the largest sum since 2010, when the economy was emerging from the worst downturn since the Great Depression.


:jbhmm:
 
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