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So much for The Party of Fiscal Responsibility.

So much for The Party of Fiscal Responsibility. | October's federal budget deficit was over 100 billion dollars. That's 60% higher than the year before. Donald's tax cut for the wealthy means debt, lots of it, for your grandchildren to pay off. | image tagged in budget,deficit,trump,tax cuts for the rich | made w/ Imgflip meme maker
774 views 6 upvotes Made by anonymous 6 years ago in politics
6 Comments
0 ups, 6y
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More carefully this time.
1 up, 6y,
1 reply
Roll Safe Think About It Meme | ACTUALLY, IT’S GOVERNMENT SPENDING NOT LACK OF REVENUE, THAT’S CAUSING DEBT | image tagged in memes,roll safe think about it | made w/ Imgflip meme maker
Tax revenue has increased after Trump’s tax cuts (which were for everyone, not just the rich, BTW).
[deleted]
1 up, 6y,
1 reply
Spending is a problem. So let's cut corporate taxes and shift the tax burden onto individuals even more.
The tax cuts will explode the deficit because they never cut spending. The tax cuts will give a short sugar high that can't be sustained. The trade war is helping the revenue side right now since everyone is buying and stocking up before the tariffs hit. The sugar high won't last long
0 ups, 6y
Oh, how sad that people who didn’t have to pay taxes before - because they had no job and , thus, no income to tax - now have the burden of paying income taxes BECAUSE THEY NOW HAVE AN INCOME.
Taxes don’t create revenue, production does. All taxes do is pay for the infrastructure and services corporations and individuals rely on to be productive.
[deleted]
0 ups, 6y
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October's federal budget deficit was over 100 billion dollars. That's 60% higher than the year before. Donald's tax cut for the wealthy means debt, lots of it, for your grandchildren to pay off.