US Monsters Mobilize! Change.org petition to Electoral College

[Economy 53,098]

7 minutes ago, Born To Slay said:

I totally agree with military budget cut, Trump will increase which makes me wonder, if everyone is getting a huge tax cut, how the **** will he pay for all this?

Thats what doesnt make any sense

 

u cant cut taxes, leave most services and stop the deficit as he promissed all at once

 

He claimed the higher revenue from stronger economy would make up for it but thats rubbish

 

With Corporate taxes cut to 15% under his plans and income taxes cut as well...

 

ud need a 6:1 ratio of economic GDP growth for every dollar in tax cut to make up the loss (100/15=6.6)

 

In other words if you cut taxes by $100 Billion youd need the economy to growth $600 Billion to make the $100 Billion back in revenue

 

The ripple effect from tax cuts NEVER gets a 6:1 ratio!  

[Born To Slay 10,996]

4 minutes ago, Economy said:

Thats what doesnt make any sense

 

u cant cut taxes, leave most services and stop the deficit as he promissed all at once

 

He claimed the higher revenue from stronger economy would make up for it but thats rubbish

 

With Corporate taxes cut to 15% under his plans and income taxes cut as well...

 

ud need a 6:1 ratio of economic GDP growth for every dollar in tax cut to make up the loss (100/15=6.6)

 

In other words if you cut taxes by $100 Billion youd need the economy to growth $600 Billion to make the $100 Billion back in revenue

 

The ripple effect from tax cuts NEVER gets a 6:1 ratio!  

Couldn't have said it better myself, his plan is incompetent

[Economy 53,098]

6 minutes ago, Born To Slay said:

Couldn't have said it better myself, his plan is incompetent

I think theres little segments of his plan that may be good

 

the plan as a whole together tho is unrealistic and not gonna work

 

too much ambition without enough places to cut from (exept for military) and a country with too much debt to handle the deficits this would bring