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US adds $1 trillion in debt in six months

2

Comments

  • PurpleThrobber
    PurpleThrobber Member Posts: 48,558 Standard Supporter
    Since when do companies file their corporate tax returns in March for the next year?!?

    LIFPO
  • Sledog
    Sledog Member Posts: 38,610 Standard Supporter
    Damn Obama beat Trump again. Obama did it in seconds by signing the "Porkulous package".

    That Obama was sneaky fast.
  • 2001400ex
    2001400ex Member Posts: 29,457

    Since when do companies file their corporate tax returns in March for the next year?!?

    LIFPO

    Well businesses adjusted their deferred tax liabilities based on the new tax rates, which affected the 2017 earnings. Some were positive, some were negative.
  • 2001400ex
    2001400ex Member Posts: 29,457



    From HondoFS's link...yeah, let's blame that Trump guy.



    2001400ex said:

    if you have tax cuts you need to cut spending. Somebody needs to remind him.

    Wait what? The tax cuts were sold that they would increase revenue.
    HondoFS doesn't see the stupidity in this comment.

    Please to be explaining why my comment is stupid.
  • Sledog
    Sledog Member Posts: 38,610 Standard Supporter
    That line sure is more vertical during the Obunghole years.
  • 2001400ex
    2001400ex Member Posts: 29,457
    Sledog said:

    That line sure is more vertical during the Obunghole years.

    Did you see where the more vertical part started?
  • greenblood
    greenblood Member Posts: 14,566
    2001400ex said:

    if you have tax cuts you need to cut spending. Somebody needs to remind him.

    Wait what? The tax cuts were sold that they would increase revenue.
    I didn't believe that. Now, we would get additional funds from money stuck overseas, like Apple's $250 billion. That alone would pay for his wall, but the infrastructure bill which democrats also wanted is going to kill the budget. I was hoping Trump would cut back some of the federal entitlements to offset the infrastructure bill. He hasn't, and that will bite him and us in the ass if something isn't done about that.