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Republicans Reveal Trump Tax Plan Will Cost US $4.5T

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Re: Republicans Reveal Trump Tax Plan Will Cost US $4.5T

#11
post #5

Costs the US Government 4.5T. It saves the people the equal amount.

When the rationale for cutting spending is that the debt is out of hand and that our deficits are unsustainable (read many HN comments over the last few weeks), it sort of flies in the face of all reason to turn around and increase the deficit by $2.5T in year 0. In fact, I would go so far to say all the talk was an outright liar liar bold faced lie of epic proportions. It’s like catching the guy from an AA meeting a…

> In fact, I would go so far to say all the talk was an outright liar liar bold faced lie of epic proportions.

I mean I'm not sure what else you'd expect from him.

Re: Republicans Reveal Trump Tax Plan Will Cost US $4.5T

#12

Earlier quoted context omitted.

Isn’t the idea that taxpayers have more money to spend in a free market way instead of it being wastefully spent by the government on weird projects? And that leads to growth in GDP?

So just casually glossing over the additional $2.5T in deficit spending? I almost had a stroke when I saw this plan. Are they kidding? All this noise to spend EVEN MORE?

> Are they kidding? All this noise to spend EVEN MORE?

Same as it always was.

Re: Republicans Reveal Trump Tax Plan Will Cost US $4.5T

#13
post #3

Republicans have lost all right to claim that they are fiscally conservative. With all the "cost cutting" they have been up to they should be able to cover everything without borrowing.

> Republicans have lost all right to claim that they are fiscally conservative.

They lost that decades ago. Anyone who believe[d/s] otherwise wasn't paying attention.

Re: Republicans Reveal Trump Tax Plan Will Cost US $4.5T

#14
post #13
post #3

Republicans have lost all right to claim that they are fiscally conservative. With all the "cost cutting" they have been up to they should be able to cover everything without borrowing.

> Republicans have lost all right to claim that they are fiscally conservative. They lost that decades ago. Anyone who believe[d/s] otherwise wasn't paying attention.

Agreed, however, they still try to claim it.
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