HomeWorldEconomyTrump and Vance propose tax cuts worth $10.5T!!! Trump’s team claims to be able to finance these tax cuts through budget cuts, without giving the slightest detail. Is this unrealistic?
Trump and Vance propose tax cuts worth $10.5T!!! Trump’s team claims to be able to finance these tax cuts through budget cuts, without giving the slightest detail. Is this unrealistic?
September 7, 2024
Trump and Vance propose tax cuts worth $10.5T!!! Trump’s team claims to be able to finance these tax cuts through budget cuts, without giving the slightest detail. Is this unrealistic?
https://i.redd.it/abmog0aggbnd1.png
by sylsau
11 comments
Does a bear shit in the woods?
The last time we heard that “the tax cuts would pay for themselves”.
What did we get? Trump incessantly urging the Fed to print money and buy up the burgeoning Federal debt.
I see `quantitative easing` MMT etc as money printing equivalants to Weirmar Economics. That’s why gold is rising against a rising risk of currency devaluation.
Trump is expected to create a new cabinet position for Elon Musk as secretary of efficiency, or some other title. Elon will suggest slashing and burning most of the federal budget, even the shit that is necessary for a functioning government. Just like he did at Twitter.
Cut the budget to the same level as when he left office. Done.
Completely unrealistic. And he doesn’t care at all.
Trump tax cuts excelerated wealth disparity in the US. Don’t fall for this shit again. Trump will say anything to get elected.
Elon / Thiel you devilish rogues.
Gooooooood! Now, they just need to rein in the rampant spending.
I must say. Putin did a hell of a job. With Trump and Elon Musk it will be the end of America. No one would believe it would be possible for Russia to destroy America, but he found a way.
No no it goes “This *is* unrealistic”
Ask yourself why every GOP President creates a recession…then ask yourself why markets perform better under Dems…and finally, look at which budgets are being cut by GOPers(education, health, & social safety net budgets) and which ones NEVER ARE(defense spending), and you should have an idea of which is a better plan for most people in our society versus a few people in it!
11 comments
Does a bear shit in the woods?
The last time we heard that “the tax cuts would pay for themselves”.
What did we get? Trump incessantly urging the Fed to print money and buy up the burgeoning Federal debt.
https://www.thetrumparchive.com/?searchbox=%22quantitative%22
I see `quantitative easing` MMT etc as money printing equivalants to Weirmar Economics. That’s why gold is rising against a rising risk of currency devaluation.
Trump is expected to create a new cabinet position for Elon Musk as secretary of efficiency, or some other title. Elon will suggest slashing and burning most of the federal budget, even the shit that is necessary for a functioning government. Just like he did at Twitter.
Cut the budget to the same level as when he left office. Done.
Completely unrealistic. And he doesn’t care at all.
Trump tax cuts excelerated wealth disparity in the US. Don’t fall for this shit again. Trump will say anything to get elected.
Elon / Thiel you devilish rogues.
Gooooooood! Now, they just need to rein in the rampant spending.
I must say. Putin did a hell of a job. With Trump and Elon Musk it will be the end of America. No one would believe it would be possible for Russia to destroy America, but he found a way.
No no it goes “This *is* unrealistic”
Ask yourself why every GOP President creates a recession…then ask yourself why markets perform better under Dems…and finally, look at which budgets are being cut by GOPers(education, health, & social safety net budgets) and which ones NEVER ARE(defense spending), and you should have an idea of which is a better plan for most people in our society versus a few people in it!