XPost: alt.fan.rush-limbaugh, comp.os.linux.advocacy   
   From: yak@inbox.com   
      
   On 8/15/2024 2:56 PM, Joel wrote:   
   > Yak  wrote:   
   >> On 8/13/2024 11:28 PM, Governor Swill wrote:   
   >>> On Tue, 13 Aug 2024 15:29:04 -0400, Yak  wrote:   
   >>>   
   >>>> Then you need to discuss shit way beyond tax cuts. Because those account   
   >>>> for the bulk of the overall debt.   
   >>>   
   >>> If you have a problem with debt and blame it on tax cuts,   
   >>   
   >> I'm not blaming tax cuts for the debt. I'm blaming spending (i.e. the   
   >> shit way beyond tax cuts).   
   >>   
   >> Blaming tax cuts for the debt is like blaming your credit card debt on   
   >> your employer because he doesn't pay you enough.   
   >>   
   >>> why do you keep supporting the   
   >>> very party that is making those tax cuts?   
   >>   
   >> Because I kindd of like the idea of keeping the money I earn. I need my   
   >> money more than the govt needs my money.   
   >   
   >   
   > The tax cuts under Bush and Trump were the causes of deficit spending.   
      
      
   Let's look at 2023, for example. The govt took in $4.5 trillion in   
   revenue, yet spent $6.2 trillion. That nets a $1.7 trillion deficit for   
   that year alone (dear Lord!).   
      
   Trump's tax cuts were projected to cost $1.6 trillion over 10 years   
   ($160 billion per year).   
      
   $1.7 trillion - $160 billion = $1.54 trillion deficit.   
      
   How do you reach the conclusion you do?   
      
   > Not that I'm giving Obama a pass, because he famously didn't want to   
   > raise taxes in a recession, and we were in deficit before Trump.  I   
   > believe Biden could've done more to rectify the situation, but I'm   
   > just a lone voice.   
   >   
      
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