when the bill comes due

LV426 said:
No, revenue was down in 2018, which was the first year of the tax cut.

You're completely fucking wrong in thinking the tax cut had any effect on 2017 revenues when the law itself says the changes take effect after December 31st, 2017.
Click to expand...

LIAR ALERT

Rvenue for 2016 was $3,489 trillion.
Revenue for 2017 after the law was signed came in at $3.545 trillion.
$3.545 trillion is greater than $3,489 trillion.

Revenue for 2018 was $3.633 Trillion.
$3.633 is greater than $3.545

Revenue for 2019 was $3.764 Trillion.
$3.764 is greater than $3.633trillion.

Fuck off you low IQ mental case.

tenor.gif

tenor.gif
 
Truth Detector said:
LIAR ALERT

Rvenue for 2016 was $3,489 trillion.
Revenue for 2017 after the law was signed came in at $3.545 trillion.
$3.545 trillion is greater than $3,489 trillion.

Revenue for 2018 was $3.633 Trillion.
$3.633 is greater than $3.545

Revenue for 2019 was $3.764 Trillion.
$3.764 is greater than $3.633trillion.

Fuck off you low IQ mental case.

tenor.gif

tenor.gif
Click to expand...

The tax cut had no effect on 2017 revenues because it didn't take effect until 2018.

Like the legislation says: https://www.congress.gov/115/bills/hr1/BILLS-115hr1enr.pdf
 
LV426 said:
Your facts don't prove the revenue went up in 2017
Click to expand...

THIS, is why you cannot argue with dishonest, lying, whiny, Fascistic little know nothings like LyingVagina426 .

Yes, I know; lying dumbasses like you don't care about facts. Now run along you Fascistic, asinine dumbass.

tenor.gif

tenor.gif
 
Truth Detector said:
THIS, is why you cannot argue with dishonest, lying, whiny, Fascistic little know nothings like LyingVagina426 .
Click to expand...


Revenue in 2017 had no tax cut.

You're trying to pretend that signing the tax cut in 2017 meant that its provisions took effect in 2017, but the law itself says the provisions don't take effect until 2018.

And 2018 saw $63B less in revenues than 2017, which didn't have the tax cut.

So are you going to keep lying and saying that the tax cut took effect in 2017 or 2018?
 
LV426 said:
How could the tax cut, which didn't take effect until 2018, have anything to do with raising revenues in 2017?
Click to expand...

DUMBASS LIAR ALERT!

FACTS:

The Tax Cuts and Jobs Act of 2017 was signed into law on 12-22-17

The United States federal government's fiscal year is the 12-month period beginning 1 October and ending 30 September the following year.

Rvenue for 2016 was $3,489 trillion.
Revenue for 2017 after the law was signed came in at $3.545 trillion.

$3.545 trillion is greater than $3,489 trillion.

Revenue for 2018 was $3.633 Trillion.
$3.633 is greater than $3.545

Revenue for 2019 was $3.764 Trillion.
$3.764 is greater than $3.633trillion.

tenor.gif
 
LV426 said:
You're the only one here lying because you can't admit that 2017 comes before 2018.
Click to expand...

DUMBASS LIAR ALERT!

FACTS:

The Tax Cuts and Jobs Act of 2017 was signed into law on 12-22-17

The United States federal government's fiscal year is the 12-month period beginning 1 October and ending 30 September the following year.

Rvenue for 2016 was $3,489 trillion.
Revenue for 2017 after the law was signed came in at $3.545 trillion.

$3.545 trillion is greater than $3,489 trillion.

Revenue for 2018 was $3.633 Trillion.
$3.633 is greater than $3.545

Revenue for 2019 was $3.764 Trillion.
$3.764 is greater than $3.633trillion.

tenor.gif
 
LV426 said:
The tax cut had no effect on 2017 revenues because it didn't take effect until 2018.

Like the legislation says: https://www.congress.gov/115/bills/hr1/BILLS-115hr1enr.pdf
Click to expand...

DUMBASS LIAR ALERT!

FACTS:

The Tax Cuts and Jobs Act of 2017 was signed into law on 12-22-17

The United States federal government's fiscal year is the 12-month period beginning 1 October and ending 30 September the following year.

Rvenue for 2016 was $3,489 trillion.
Revenue for 2017 after the law was signed came in at $3.545 trillion.

$3.545 trillion is greater than $3,489 trillion.

Revenue for 2018 was $3.633 Trillion.
$3.633 is greater than $3.545

Revenue for 2019 was $3.764 Trillion.
$3.764 is greater than $3.633trillion.

tenor.gif
 
LV426 said:
Revenue in 2017 had no tax cut.

You're trying to pretend that signing the tax cut in 2017 meant that its provisions took effect in 2017, but the law itself says the provisions don't take effect until 2018.

And 2018 saw $63B less in revenues than 2017, which didn't have the tax cut.

So are you going to keep lying and saying that the tax cut took effect in 2017 or 2018?
Click to expand...

From 2017 to 2019, DID REVENUE GO DOWN? Yes or NO dumb fuck. Let me help you:

Revenue for 2017 after the law was signed came in at $3.545 trillion.
$3.545 trillion is greater than $3,489 trillion.

Revenue for 2018 was $3.633 Trillion.
$3.633 is greater than $3.545

Revenue for 2019 was $3.764 Trillion.
$3.764 is greater than $3.633trillion.


It is so hard to get the truth out of low IQ, lying dumbasses on steroids. :palm:
 
China Joe said:
And the dems are easy to understand: spend, spend, spend.

:oprah:
Click to expand...

It is when you are working with what you have to work with. Look up presidents' deficits per term and actually learn something. The Reds are the spend and cut taxes to the wealthy party. That is what you back.
 
Truth Detector said:
From 2017 to 2019, DID REVENUE GO DOWN?
Click to expand...


Gross revenue went down from 2017-2018 in the first year of the tax cut:

Revenue 2017 (No tax cut): $3,393,634
Revenue 2018 (Tax cut into effect 1/1/18): $3,330,470
Revenue 2019: $3,497,468

So yes, revenue increased between 2017 and 2019, however, the increase in revenue was less than inflation:

+103,834 from 2017, a 3% gain

Inflation from 2017 to 2019 was 4.3%

So the net loss is about -1.3% from two years of tax cuts.
 
LV426 said:
This is all nonsense.

This is also all a cover for the fact that you were completely fucking silent when Trump was running up trillions in debt with his tax cuts.

It doesn't even matter what the debt is today...federal debt has absolutely no effect on the economy other than possibly raising interest rates for borrowing, but we've had record low borrowing rates the last 10 years, so that concern is moot.
Click to expand...
You idiot I wasnt on this forum till late last year
 
Ok lets just ignore the fact we will deep 8n debt as a nation and keep blaming the other side when its all our faults. Simple fact is by the time it gets super critical ill probaly be dead then all of you can blame who ever you want and whine and cry . but it wont be my problem nor will i care it will be the elderly in 20 years and the next generation who will probally have around
40 trillion in debt and huge interest payments and you can fight and point fingers all you want as the debt eats up funding for ever program out there and we have no credit and face a depression and become a failed nation fine with me ic thats what the morons here want. Enjoy it. You ignorance in 2021 will cost you in 15 or 20 years and take decades if not a century to fix. Enjoy morons you earned it
 
Bulletbob said:
your a moron
Click to expand...

Did you need to change your ID, just to say that, cum quat? Its a FACT, that you dont give a damn about deficits unless and until Democrats are in power. Thats just one small detail that makes anything you say, just a bunch of meaningless garbage.
 
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