Trump's Tax Reform Plan

I would say that one new job was created and 3 existing jobs were filled by a different person. However, there are some very strange things that are done with govt. statistics so it would be worth taking a look at. Are you aware that if the price of steak goes up, something else like ground beef is substituted for steak in the inflation calculation and inflation is not considered to have gone up?

Why the Inflation Stats Are so Bogus. Hedonics, Substitution and Weighting

"If steak goes up too much, they figure that people will switch over to something cheaper like hot dogs so they take steak out and substitute hotdogs into their basket of goods."

 

Well he told us we would be winning so much we would become sick of WINNING

 

Not the fault of the POTUS - but CONGRESS, SENATE!

 

No, the turncoat Republicans RINO's and NeoCons are not doing their job and those who care less about America's future.And those ridiculing President Trump falsely.

YES!! Hurah! for the POTUS!

HankD

 

Yep. Blame Rubio and the rest of the rinos.

 

This is a pointless meaningless statement. Has nothing to do with anything. Congress passed an O'Care repeal and Rubio and the bunch choked...... again! Rubio and Cruz and all the guys you supported have accomplished nothing after promising to get it done. Yet you're mysteriously forgiving toward them.

 

Yes, and Trump also was wiling to sign the bill, but you criticized him.

I'm simply applying the same standard to your candidates that you apply to Trump. They are in the Senate, and never said boo about McCain. They are career politicians. They make themselves look pretty on paper, but never get anything done. McConnell should not be the head of the Senate, but the rinos let him continue. Only Trump has spoken out against him.

So again, blame the rino candidates you supported, not Trump.

 

Always with the insults.

 

And they (the SENATE) must pass the bill!.

HankD

 

Saying "moral atrocities" rather than citing specific examples is not useful for productive dialog. I'm not aware of any moral atrocities President Trump has committed, or that he plans to commit. Your comment is emotionally charged nonsense.

 

A large cut in corporate taxes incentivizes businesses to take capital gains, which gives them capital to increase production, hire employees, and invest in capital assets. With the increase in money changing hands, it more than offsets the 20% rate drop. And the stock market will go crazy. When capital gains taxes are high, it's expensive to trade stocks.

Investors wait until taxes drop to take capital gains. With the increase in capital gains due to stock sell off comes increased investment in residential housing, automobiles, travel and consumer goods. All that investment eventually makes it's way to the workers who build houses, cars, who work for airlines and produce consumer goods.

At that level it is all taxed at income-tax rates, so the government doesn't really lose anything.