Tax cuts increase revenue
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
Comments
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Imagine being such a dumbshit that you quote tax increases in a post about tax cuts. JFC. What an idiot.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
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 said:
Imagine being such a dumbshit that you quote tax increases in a post about tax cuts. JFC. What an idiot.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
Dumbshit still can’t grasp Ceteris paribus I see. -
So tax increases lead to lower revenues. Thanks for the info. Idiot.2001400ex said:
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 said:
Imagine being such a dumbshit that you quote tax increases in a post about tax cuts. JFC. What an idiot.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
Dumbshit still can’t grasp Ceteris paribus I see. -
Hondo thinks he found a bad month
Still in a rage over Americans keeping more of their money
What about June?
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I'm hearing that he sincerely cares about the national debt though!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.RaceBannon said:Hondo thinks he found a bad month
Still in a rage over Americans keeping more of their money
What about June? -
Yeah, that’s why he supports the Green New Deal and Medicare for All.UW_Doog_Bot said:
I'm hearing that he sincerely cares about the national debt though!RaceBannon said:Hondo thinks he found a bad month
Still in a rage over Americans keeping more of their money
What about June?
He cares about the debt
