Commissar SFLUFAN Posted May 30, 2019 Share Posted May 30, 2019 I hope you didn't spend all of your $28 bonus in one go! In 2018, gross domestic product (GDP) grew at 2.9%, about the Congressional Budget Office’s (CBO’s) projected rate published in 2017 before the tax cut. On the whole, the growth effects tend to show a relatively small (if any) first-year effect on the economy. Although growth rates cannot indicate the tax cut’s effects on GDP, they tend to rule out very large effects particularly in the short run. Although investment grew significantly, the growth patterns for different types of assets do not appear to be consistent with the direction and size of the supply-side incentive effects one would expect from the tax changes. This potential outcome may raise questions about how much longer-run growth will result from the tax revision. Link to download a PDF of the actual CRS report Quote Link to comment Share on other sites More sharing options...
GeneticBlueprint Posted May 30, 2019 Share Posted May 30, 2019 4 minutes ago, SFLUFAN said: I hope you didn't spend all of your $28 bonus in one go! Pfft look at Mr. Moneybags here with his $28 extra dollars. Quote Link to comment Share on other sites More sharing options...
RedSoxFan9 Posted May 30, 2019 Share Posted May 30, 2019 but growth Quote Link to comment Share on other sites More sharing options...
Firewithin Posted May 30, 2019 Share Posted May 30, 2019 so i just wasted money on some new bootstraps? Quote Link to comment Share on other sites More sharing options...
PaladinSolo Posted May 30, 2019 Share Posted May 30, 2019 "The study indicated that the tax changes contributed only marginally to the overall economic economic gains — maybe 0.3% of a "feedback effect." The economists say that for the tax cuts to pay for themselves, as Trump has promised, GDP would have to rise by 6.7%." lol, just had to nearly triple GDP output and we'll make all that money back! Quote Link to comment Share on other sites More sharing options...
marioandsonic Posted May 30, 2019 Share Posted May 30, 2019 I am shocked. This is my shocked face. 1 Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted May 30, 2019 Share Posted May 30, 2019 6 minutes ago, marioandsonic said: I am shocked. This is my shocked face. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted July 20, 2019 Author Share Posted July 20, 2019 Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted July 20, 2019 Share Posted July 20, 2019 9 minutes ago, SFLUFAN said: If you over water plants they die. Quote Link to comment Share on other sites More sharing options...
chakoo Posted July 20, 2019 Share Posted July 20, 2019 The dumb fucks who fall for this shit time and time again. Quote Link to comment Share on other sites More sharing options...
Jason Posted July 20, 2019 Share Posted July 20, 2019 On 5/30/2019 at 7:22 AM, GeneticBlueprint said: Pfft look at Mr. Moneybags here with his $28 extra dollars. Quote Link to comment Share on other sites More sharing options...
Chairslinger Posted July 20, 2019 Share Posted July 20, 2019 Clearly the problem is that we didn't give the ultra wealthy enough money. Maybe one more round of tax breaks for the rich will do the trick. I got a good feeling about this one you guys! 1 Quote Link to comment Share on other sites More sharing options...
RedSoxFan9 Posted July 20, 2019 Share Posted July 20, 2019 13 weird tricks to fix capitalism. Number 7 will shock you! 1 Quote Link to comment Share on other sites More sharing options...
Zaku3 Posted July 20, 2019 Share Posted July 20, 2019 1 hour ago, RedSoxFan9 said: 13 weird tricks to fix capitalism. Number 7 will shock you! Does number 7 involve guillotines? Quote Link to comment Share on other sites More sharing options...
osxmatt Posted July 21, 2019 Share Posted July 21, 2019 I work for a popular company that issued a $2,500 "bonus" because of the Trump tax cuts. Right-wing media was more than happy to list our company as an example of success. The problem? The "bonus" was issued as RSU that vests over a period of 3 years, and is subject to significant taxes. 2 Quote Link to comment Share on other sites More sharing options...
Spawn_of_Apathy Posted July 21, 2019 Share Posted July 21, 2019 12 hours ago, Zaku3 said: Does number 7 involve guillotines? Nope. A car battery, jumper cables, and a bucket of water. Quote Link to comment Share on other sites More sharing options...
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