FireLicht2020

Participant
Post count: 5720

Lol. One of those people mentioned is not like the others…

Tax cuts, especially the Trump tax cuts, are not fiscal conservatism.

It was a wealth transfer. More opportunity for wealthy people to bank and compound.

I know this is hard for you but go take accounting 101

Credits and debits

Where does revenue come from? It comes from taxation.

Creating a wildly unnecessary tax cut, just like Bush did during an uptrend economy, overlooks everything. It essentially ensures a crash comes… gains come too fast and easy. Thus a bubble.

That’s why covid hit so hard and why the next pullback will too.

You really need to know what the fuck you’re talking about from a macro economic level before you spout out your libertarian utopianism where we fund the government with good intention.