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Do you support cutting taxes, even if it increases the deficit?

Do you support cutting taxes, even if it increases the deficit and debt?


  • Total voters
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According to the polls, 60% of Americans support cutting taxes, even if it means higher deficit. 74% of Republicans support this. 55% of Democrats oppose cutting taxes, even if it means higher deficit. Back in 1996, only 23% of Americans supported lowering taxes, if it means higher debt.

You can watch Harry Enten's analysis below:



How about you? Do you support deficit inducing tax cuts?

So republicans are all for tax cuts even it if raises the debt but they are serious about reducing the debt, so they say.
 
Wow, what a degradation!

74% of GOP (err... SOP = shitty old party) is for cutting taxes even if it means higher national debt? The party of "fiscal responsibility"... 🤣 what nonsense!
Yup, they are so full of shit, all they are really interested in it seems is putting the screws to others.
 
Cutting taxes does not increase the debt. Spending beyond revenues is what increases the debt, in all cases.
And from every accounting, this administration will increase the debt regardless of what they say.
 
Cutting taxes does not increase the debt. Spending beyond revenues is what increases the debt, in all cases.
There's a few issues with your commentary. Lets review:

Cutting taxes does not NECESSARILY increase the debt or deficit. You can cut taxes AND reduce spending expenditure.

The question was, are you in favor of cutting taxes, even if it increases the deficit or debt.

Cutting taxes means the government brings in less revenue. That's just a mathematical reality, unless you choose to increase things like license fees.

Ronald Reagan signed into law massive tax cuts, but at the same time, INCREASED taxes in order to pay for social services.
 
And from every accounting, this administration will increase the debt regardless of what they say.
The new GOP spending bill will increase the National Debt by 3.3 trillion dollars. within the next 10 years.

Since 2000, the GOP has called up tax cuts, but at the same time, wants to significantly increase governmental spending. The mentality here is tax cuts pay for themselves.

Historically speaking, people have accepted higher debt. Wars and special projects have been a justification.
 
According to the polls, 60% of Americans support cutting taxes, even if it means higher deficit. 74% of Republicans support this. 55% of Democrats oppose cutting taxes, even if it means higher deficit. Back in 1996, only 23% of Americans supported lowering taxes, if it means higher debt.

You can watch Harry Enten's analysis below:



How about you? Do you support deficit inducing tax cuts?

Balance budget amendment and a Mandatory annual payment of a predetermined %/amount to pay off the debt.
 
The new GOP spending bill will increase the National Debt by 3.3 trillion dollars. within the next 10 years.

Since 2000, the GOP has called up tax cuts, but at the same time, wants to significantly increase governmental spending. The mentality here is tax cuts pay for themselves.

Historically speaking, people have accepted higher debt. Wars and special projects have been a justification.
Historically speaking the people don't get a vote on "accepting" a higher debt. Politicians keep spending on their personal agenda.
 
I think the difference now is this: More people now realize that cutting taxes won't necessarily increase deficits. More people now understand that it is spending that increases the deficit. More people now understand that cutting taxes unleashes the economy and results in economic growth and increased revenue.
Not really. More people have just been fed that line of BS. Cutting taxes does not lead to increased revenue:

The corporate tax cuts that President Donald J. Trump signed into law in 2017 have boosted investment in the U.S. economy and delivered a modest pay bump for workers, according to the most rigorous and detailed study yet of the law’s effects.

Those benefits are less than Republicans promised, though, and they have come at a high cost to the federal budget. The corporate tax cuts came nowhere close to paying for themselves, as conservatives insisted they would. Instead, they are adding more than $100 billion a year to America’s $34 trillion-and-growing national debt, according to the quartet of researchers from Princeton University, the University of Chicago, Harvard University and the Treasury Department.

The researchers found the cuts delivered wage gains that were “an order of magnitude below” what Trump officials predicted: about $750 per worker per year on average over the long run, compared to promises of $4,000 to $9,000 per worker.

The study is the first to use vast data from corporate tax filings to draw conclusions about the Tax Cuts and Jobs Act, which passed with only Republican support. Its findings could help shape debate on renewing parts of the law that are set to expire or have begun to phase out.


The most effective tax cut was:

That includes a key provision targeting investment, which the authors identify as the most cost-effective corporate cut. That benefit, which allowed companies to immediately deduct investment spending from their income taxes, would be renewed as part of a bipartisan tax bill that passed the House in January.

Which makes sense because companies wanted to take advantage of this cut before it was scheduled to expire.

Note also that this study just covers the corporate tax cuts that were the ones most likely to boost the economy.

The economists did not analyze the individual tax cuts, including a large cut for owners of certain businesses, like law firms, who pay individual income taxes on their share of the business profits. Those cuts reduced taxes for a wide range of American workers, but even conservative proponents of the law rarely claimed they would increase investment.


And here we go again with the same old Republican BS.
 
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Balance budget amendment and a Mandatory annual payment of a predetermined %/amount to pay off the debt.
Too restrictive. Taxes/spending should be balanced so that we run a surplus in good times and a deficit in bad times.
 
According to the polls, 60% of Americans support cutting taxes, even if it means higher deficit. 74% of Republicans support this. 55% of Democrats oppose cutting taxes, even if it means higher deficit. Back in 1996, only 23% of Americans supported lowering taxes, if it means higher debt.

You can watch Harry Enten's analysis below:



How about you? Do you support deficit inducing tax cuts?


I support a tax cut for the middle class and a tax hike on the rich. Essentially the opposite of what the tRump tax plan will do.
 
Cutting taxes does not increase the debt. Spending beyond revenues is what increases the debt, in all cases.

Cutting taxes reduces revenues, which in turn increases the debt unless spending is cut to compensate for the revenue reduction....

Reducing spending means more of the burden falls on the public, many of whom can't afford to carry that extra (financial) burden.

But no one cares until the leopard is eating THEIR face.
 
According to the polls, 60% of Americans support cutting taxes, even if it means higher deficit. 74% of Republicans support this. 55% of Democrats oppose cutting taxes, even if it means higher deficit. Back in 1996, only 23% of Americans supported lowering taxes, if it means higher debt.

You can watch Harry Enten's analysis below:



How about you? Do you support deficit inducing tax cuts?

60% of Americans are ****ing morons who probably are illiterate.
 
Tax cuts should follow spending cuts not just arbitrarily done to enrich the rich.

Republicans tried really hard to cut spending under Obama. The cuts they came up with were insignificant.

I believe it will be the same with the lunatic Musk attempting the same thing.

But republicans are determined to cut taxes for their rich donors no matter what the cost.

All this started with Reagan. Reset tax rates to pre-Reagan and watch the slow progression of fiscal responsibility.
 
Cutting taxes does not increase the debt.
That has to be the most idiotic claim I've read in quite awhile. 2 - 2 still = 2 in your fantasy math? No wonder you love Trump so much...
 
You have an issue with government-run schools? Most people went to public schools.
He’s a libertarian and anarchist. He believes all government at every level should be abolished and some magical libertarian utopia takes its place. He can never quite articulate how such a society can possibly work, how disputes are handled, rights protected etc. but he’s definitely certain it would lol.
 
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