2nd Light Forums |
Topic Title: Deficit At Six Year High. Topic Summary: Created On: 10/16/2018 05:08 AM |
Linear : Threading : Single : Branch |
- Cole | - 10/16/2018 05:08 AM |
- johnnyboy | - 10/16/2018 05:50 AM |
- tpapablo | - 10/16/2018 06:50 AM |
- Plan B | - 10/16/2018 06:53 AM |
- tpapablo | - 10/16/2018 07:54 AM |
- Greensleeves | - 10/16/2018 06:29 AM |
- Plan B | - 10/16/2018 06:54 AM |
- fishkller | - 10/16/2018 07:48 AM |
- johnnyboy | - 10/16/2018 08:14 AM |
- Greensleeves | - 10/16/2018 08:56 AM |
- fishkller | - 10/16/2018 09:06 AM |
- 3rdworldlover | - 10/16/2018 12:12 PM |
- tpapablo | - 10/16/2018 03:00 PM |
- theglide | - 10/16/2018 02:01 PM |
- Cole | - 10/16/2018 04:53 PM |
- johnnyboy | - 10/17/2018 08:23 AM |
- theglide | - 10/17/2018 09:21 AM |
- tpapablo | - 10/17/2018 11:22 AM |
- tpapablo | - 10/17/2018 12:23 PM |
- Cole | - 10/18/2018 08:10 PM |
- johnnyboy | - 10/19/2018 04:06 AM |
- Cole | - 10/19/2018 04:46 AM |
- Plan B | - 10/19/2018 06:48 AM |
Topic Tools
|
10/17/2018 08:23 AM
|
|
Cutting entitlements? They cant possibly be honest about that. And they wont be.
------------------------- "One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky. |
|
|
|
10/17/2018 09:21 AM
|
|
Just read this comment about the "reform" of SS and Medicare:
I'm a 70 year old white guy. Let me state this clearly. The Republican party is coming after our Social Security and Medicare to pay for their g**damn tax cut. Anyone who likes these programs (virtually everyone) and votes for ANY Republican is an idiot! Word. |
|
|
|
10/17/2018 11:22 AM
|
|
------------------------- I :heart; Q |
|
|
|
10/17/2018 12:23 PM
|
|
Under the Tax cuts:
Individual income tax revenues are up by 5% through September.
Other major sources of revenue climbed as well, as the overall economy revived. FICA tax collections rose by more than 3%. Excise taxes jumped 13%.
The only category that was down? Corporate income taxes, which dropped by 31%.
Overall, federal revenues came in slightly higher in FY 2018 - up 0.5%.
Spending, on the other hand, was $127 billion higher in fiscal 2018. As a result, deficits for 2018 climbed $113 billion.
Obama's last year:
Individual income tax revenues went up by a mere 0.3%, Treasury data show. Fiscal 2016 also saw a 13% drop in corporate income taxes. FICA tax collections climbed by less than 1%. Excise tax collections dropped almost 3%.
Overall revenues increased by 0.5% - about the same as this year. The deficit? It climbed by $148 billion.
Trump wins again, folks.
------------------------- I :heart; Q |
|
|
|
10/18/2018 08:10 PM
|
|
Um, the deficit, Trump's deficit, will be a trillion in a year.
Perhaps more than the year of the Great Recession. Plunging into debt in a good economy is winning? The Obama numbers prove that corporation were paying no where near 35%. ------------------------- I was right. Edited: 10/18/2018 at 08:11 PM by Cole |
|
|
|
FORUMS
:
National Enquirer (FORMERLY NSR)
:
Deficit At Six Year High.
|
Topic Tools
|
FuseTalk Basic Edition - © 1999-2024 FuseTalk Inc. All rights reserved.
First there was Air Jordan .