Tax cuts increase revenue

2001400ex

And helps the deficit. Which I'm hearing doesn't matter again.

The government’s budget year runs from Oct. 1 through Sept. 30. For October, the big jump in the deficit reflected a 7.8% rise in spending from a year ago that pushed outlays for the month of October to a record $380 billion.

Revenues in October fell 2.8% to $245.2 billion from the same month a year ago. One revenue category that showed a big increase was tariffs on imports, which totaled $8 billion, up 39% from a year ago.

https://www.yahoo.com/finance/news/us-budget-deficit-surges-134-190159009.html

MikeDamone

2001400ex said:

And helps the deficit. Which I'm hearing doesn't matter again.

The government’s budget year runs from Oct. 1 through Sept. 30. For October, the big jump in the deficit reflected a 7.8% rise in spending from a year ago that pushed outlays for the month of October to a record $380 billion.

Revenues in October fell 2.8% to $245.2 billion from the same month a year ago. One revenue category that showed a big increase was tariffs on imports, which totaled $8 billion, up 39% from a year ago.

https://www.yahoo.com/finance/news/us-budget-deficit-surges-134-190159009.html

Imagine being such a dumbshit that you quote tax increases in a post about tax cuts. JFC. What an idiot.

Dumbshit still can’t grasp Ceteris paribus I see.

2001400ex

MikeDamone said:

2001400ex said:

And helps the deficit. Which I'm hearing doesn't matter again.

The government’s budget year runs from Oct. 1 through Sept. 30. For October, the big jump in the deficit reflected a 7.8% rise in spending from a year ago that pushed outlays for the month of October to a record $380 billion.

Revenues in October fell 2.8% to $245.2 billion from the same month a year ago. One revenue category that showed a big increase was tariffs on imports, which totaled $8 billion, up 39% from a year ago.

https://www.yahoo.com/finance/news/us-budget-deficit-surges-134-190159009.html

Imagine being such a dumbshit that you quote tax increases in a post about tax cuts. JFC. What an idiot.

Dumbshit still can’t grasp Ceteris paribus I see.

Even with the tariff increase, tax revenues are down 2.8%. In an economy that's growing highly. Sorry facts are lost on you. Mike. Have another beer.

MikeDamone

2001400ex said:

MikeDamone said:

2001400ex said:

And helps the deficit. Which I'm hearing doesn't matter again.

The government’s budget year runs from Oct. 1 through Sept. 30. For October, the big jump in the deficit reflected a 7.8% rise in spending from a year ago that pushed outlays for the month of October to a record $380 billion.

Revenues in October fell 2.8% to $245.2 billion from the same month a year ago. One revenue category that showed a big increase was tariffs on imports, which totaled $8 billion, up 39% from a year ago.

https://www.yahoo.com/finance/news/us-budget-deficit-surges-134-190159009.html

Imagine being such a dumbshit that you quote tax increases in a post about tax cuts. JFC. What an idiot.

Dumbshit still can’t grasp Ceteris paribus I see.

Even with the tariff increase, tax revenues are down 2.8%. In an economy that's growing highly. Sorry facts are lost on you. Mike. Have another beer.

So tax increases lead to lower revenues. Thanks for the info. Idiot.

RaceBannon

Hondo thinks he found a bad month

Still in a rage over Americans keeping more of their money

What about June?

UW_Doog_Bot

RaceBannon said:

Hondo thinks he found a bad month

Still in a rage over Americans keeping more of their money

What about June?

I'm hearing that he sincerely cares about the national debt though!

MikeDamone

RaceBannon said:

Hondo thinks he found a bad month

Still in a rage over Americans keeping more of their money

What about June?

Awfully warm for September 2020.

SFGbob

UW_Doog_Bot said:

RaceBannon said:

Hondo thinks he found a bad month

Still in a rage over Americans keeping more of their money

What about June?

I'm hearing that he sincerely cares about the national debt though!

Yeah, that’s why he supports the Green New Deal and Medicare for All.

He cares about the debt