Economist warns of the consequences of Trump's tax cuts being removed
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- Опубликовано: 3 июн 2024
- Economist Steve Moore makes his case for why former President Trump's tax cuts should become permanent.
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Taxation without representation that's the democrat party
funny, we want to give DC statehood since they are taxed and not represented but the Pugs refuse.
Tax cuts for the Rich=GOP Policy
Yup it’s exactly what it is. I wouldn’t vote democrat if they paid me too. I’d end up losing and so would the country. I want my Trumpy bear back🤣
the pugs refuse to allow DC to get statehood and yet they are taxed without representation.
@@FrancoisBZH277It's NOT a state for a reason.
A failing U.S. economy and elevated global tensions reduce the likelihood of prolonged inflation or higher long-term Treasury yields. I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich
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Ronald R Reagan proved that lowering taxes made the economy better. They just need to learn how to quit wasting it.
They want their taxes lower, not yours. Vote Blue!
When taxes are lower...corporations costs are lower...they hire more and can pay more...when consumers taxes are lower we can spend more....ALL of this equals more money going into the economy...problem is...this administration wants more money going overseas and into their pockets
@RichardQuaid bless your heart. You don't have a job do you?
@@RichardQuaid I wouldn't vote blue if you paid me vote blue if you hate America
@@RichardQuaidBlue isn't working. Shove it.
OH YA THINK FOOD PRICE ARE HIGH NOW WAIT THAT 2.79 CANDY BAR WILL BE 5 THAT 30 DOLLAR PIZZA WILL BE 50 BUCKS OR DEPRESSION WILL COME
How is a thirty dollar pizza not depressing?
Babe, it's here. Folks are just faking themselves out.
@@jonanderson4474it’s less depressing than the $50 Pizza genius
They’ll let the tax cut expire then pass new tax cuts saying “look we care”.
and it will barely be considered a tax cut
I feel like they're going to find ways to tax even more to support all the illegals they brought in
Can't pay bills and taxes now. Can't get blood out of a stone
Chapter 7
They want a slave state
Literally ,that is how people paid their debts
A borrower is slave to the lender
@@sherrieflynn252 Spot on.
@@sherrieflynn252it already is . HALF of US households pay zero federal taxes . The burden placed upon the productive humans increases at a non sustainable level. Working a third of your year to pay taxes is enslavement.
Thank you for covering the economy. We don’t hear much about it these days.
Guess what you listened to this guy and you still haven't heard about it.
So why didn't republicans make the individual tax cuts permanent like they did with the corporate tax cuts bacx in 2017?
And what happend to simplifying the tax-code?
Crickets
So much taxes in Canada it’s not worth working !
Just an FYI... The average American household doesn't own any stock... the only ones in the market it effects are above average income and top earners.
More taxes = more government
Democrats- tax and spend
Republican- defend a felon on your dime!
We couldn't hear from the jury cause you'll in a cult!
Republicans - Cut taxes and charge.
@shannonmiller1129 What spending would you like to cut and why? What do you think those spending cuts would translate to aka what impacts?
@@hanshansen3885 foreign aid should be revamped and reasonable. I'm all for the role of the US as peacekeepers, but not to the extent of fighting other countries/regions ongoing wars. Not do I think countries should be enabled out of misplaced condescending pity. Student loan forgiveness- You take out a loan, you pay it back. Discretionary spending under pretext that is enabling and pandering.- Throwing people out of work and tripling unemployment benefits extended for a year and a half. Stimulus checks in general, particularly when combined with moratoriums on paying credit cards, rents and utility bills, and more specifically to prisoners. Illegal unvetted millions of "migrants" housed, fed, clothed, educated and provided with unlimited medical care, while contributing nothing.
Those are the big ones.
NEWS FLASH- The average worker makes less than $20k a year. This is why you politicians dont understand the lower class communities are the majority of America and i personally struggle living on SSI because i have Crohns disease and im disabled and all i get is $943 a month. Were the ones who need the help the most. The majic i could do with $30k a year would surprise anyone. Especially when i struggle on just over $10k a year.
Those tax cuts added to the debt. Did they mention that ?
Wow! FJB!
That Steve Moore guy was speaking facts 💯
Historic lows in unemployment Historic highs in stocks.
I’m all for tax cuts Trump 2024 he’s my outlaw he’s got my vote come November and this will be the first time I’ve ever ever voted
Trump is a Loser Too.
You must be wealthy or own a corporation
@@honestdon1772you’re a what!😜
@@erictucker3523you must have failed first grade 5 times in a row😝
@@robert.m4676 for your information I was in advanced placement classes in high school and I got a degree in 2 years
Black BACK For Trump vote 2024
Humans for Trump
@@1.culturechanger I think even aliens would support Trump at this point while observing us with their form of popcorn.
@@ScreamMode1337 I don't believe there are any Qualified candidates in this round of Presidents. If I do something I own up to it and move on, both of them have skeletons in their closet and are not Transparent. I don't accept that behavior from my children you done it, now own up to it, I have more respect for someone who is truthful period . In reality if you have a nonconformist mind honestly either not vote or Vote for the lesser of the two evil based on your priorites no (Johns, Cindy etc. confomity) Use your mind your morales, your convictions to make a sound judgment period!!!
That tax bill is the only reason we still have full time jobs.
I hope he doesn't win. For America's sake 🙏
Seems like Medicare and Social Security wont be in trouble anymore.
Oh no the Democrats want to rob that too
makes perfect sense . if i were a billionaire with 1 million jobs and you dont give me a tax cut i would take them jobs to another country were they will give me a tax cut.
Trump=The Orange Felon
@@honestdon1772 rather have OutlawTrump then Sickly Geriatric JoeB
@@enfreakez So would Putin Comrade
Latinos for TRUMP FJB
SI CLARO!!
MAGA: We want Freedom
MAGA: We vote Dictator
GOP: Where did our Spines Go?
@@honestdon1772 your spine is crushed good luck with your pedophile showering joey🤣 Trump 2024 ❤️
Start right know keeping our money in this country
Total BS
How can 'tax cuts' create jobs, and wages create inflation, at the same time? 'Tax heaven' take note. And thanks again Bama.
The US government is fat and needs tobgo on a money diet . Also, many federal departments need to be done away with or handed back to the states. Your earnings should stay in your pocket!
Saw an article today about the lack of jobs available.
yeah, those right wing fake media post nonsense all the time.
Ignore it and get yourself some real news.
Easy to understand, cut corporate tax , companies stay / hire and the taxes are offset by the employee's ( which sucks when you think about it but its true) increase taxes and companies cut jobs or relocate then the local area suffers as spending is affected.
companies are posting record profits and gouging you and me with elevated prices.
How is that good for anyone other than the 1%?
Big Corps have price gouged in spite of Corp Tax Breaks and current record profits. You and Trump just want to make the Rich much Richer, as Trump recently promised to his wealthy Donors.
@@FrancoisBZH277 where are you seeing this data? Everything in here is filing for Chapter 11. Record profits but still going out of business, does not add up Smart One😂
@@enfreakez Who's filling chapter 11? Only small businesses because chump didn't help them. He only helps the 1%.
Do you think,, Biden really cares
FJB
Tax cuts almost never hurt the economy. They most often boost it. More money in people's pockets, less in the government. Liberal economists always say tax cuts hurt, that is because the reality is that the government misuses tax dollars and deficit spends, rather than cutting budgets and expenses.
New to me, again, so cool.thanks.😮🇨🇦
Tell me this if taxes cuts working for the American people why we still paying for taxes ever year
Bc they arent concerned about the people...they're concerned about themselves
Because spending needs to be cut.
Trump's tax cuts mainly benefits the top 1%. They still charge as much as they absolutely can for products and services, because they can.
More revenue to plug tge deficit.
Average worker isn't 60k-100k it's
8 million "openings"....lol.
If Billionaires get their tax free bonanza cut we could balance the national budget. That would be a tragedy for the oligarch corporate fascists.
And what would happen if people.paidntheir own student loans and other nations paid for their own wars and we didn't bring in millions of people to support on government programs that don't pay taxes into them?
@@cwhipp9805 The BOT can't answer THAT question.
@@cwhipp9805 Those foreign wars are huge profit centers for our war monger politicians and blood thirsty arms mfg’s.
Keep the tax cut in place we already live in a disaster America cause of Joe Biden an his administration
And if Trump gets in no need to worry about taxes. He will send our country into a deep recession. He wants to put a tariff on all goods coming into the USA.That will raise prices higher. Biden doesn't set prices on anything. When are you uninformed people going;to realize that? You are,as dumb as your x leader.
America is gone if biden wins
I've never seen it our economy so bad Bidenomics sucks FJB
@@davidmichaels4285 Neither have I
How do you define a good economy? Is it how you feel or do you use measurable metrics?
@@hanshansen3885it’s both there are metrics like the consumer price index and inflation and interest rates set by the federal reserve which determines how much it cost for people to borrow money if borrowing money is cheap the economy will stimulate interest rates can’t be low if inflation is to high because they have to raise interest rates to lower inflation and inflation can’t be low if we print to much money also people notice if there quality of life is shittier too
Sure is
Steve Moore meet Mike Rowe...
We cannot take this anymore! Vote Trump!!!
Probably? 12 billion.
Created jobs my behind!
TAXPAYERS....SAVE YOUR AMMO & Learn a FEW PHRASES IN MANDARIN! FJB 🇨🇳 🇨🇳 DISGRACE
Better learn some Arabic too.
TRUMP 2024
The tax cuts made American corporations globally competitive, and as important Trump would roll back hundreds of billions of dollars in yearly regulatory burdens on the economy.
President Trump 2024 🫡 🇺🇲 🗽 🦅
I love not having to itemize taxes for mortgage deduction because Trump doubled the standard deduction, and this also helps renters
Yes my friend I have a particular set of skills but no one is willing to pay for them they are waiting for the elegals to come pouring in and work for peanuts with no osha derm oe any of the establishednsafety regulations
Need to cut taxes a lot more than what trump done.
We're taxed on everything, EVERYTHING!!!!
This country started for the same reason...
hear what he said,, DID U GET AN EXTRA 2000 DOLLARS under trump , i didint
We did, us poor folks
I didn't see it in my hands, per say, but my bank account sure felt it and that was good enough for me.
REMOVE THE TAX CREDITS MAYBE THEN PEOPLE WILL WAKE UP TRUMP 2024
Trump 2024
no more funding the Ukrainian ohh nooo
number one reason to keep tax cuts in place.....greed.
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Im boycotting the economy until democrats are out of office,Im not spending money, Ive cut all spending by at least 90 %. A lot of people have stopped spending thus weakening the overall economy. It will get much worse from here.
Single homeowners got hit hard by these "tax cuts", taxes went up thousands of dollars per year. I'd love to go back to before these "tax cuts".
Where?
Same!! My homeowner taxes doubled...so has my car insurance...so has everything else I pay for.
@bresev8958 you clearly don't own property so
@@bresev8958 He's describing Bidenflation and blaming it on Trump.
@cwhipp9805 Huh? THAT'S your complaint? Property taxes aren't federal...they're local. Insurance rates aren't federal...they're private sector businesses.
Mannnn you didn't just miss the bullseye with your comment you missed the entire dartboard and the wall it's hung on.
Joe spent your money and will raise your taxes to pay for it.
Bidenomics. Wait for it. Lol
More price gouging by large Corps?
We the blue color s got screwed on the taxs trump imposed
We did? I sure didn’t. I had more money to invest. I would rather keep my hard earned money than give it to the government.
FJB.....................DJT 2024
Those economist are piad by Joe's Democrats.
Mississippi be like after voting Republican for the past 50 years.........................🤔🤡👈🤣😅🤣😅🤣😅
Did you make it past the 4th grade?
@@kidwichita 👈😅🤣😅Louisiana be like after voting Republican for the past 50 years. Poor!......................🤡🤡🤔👈🤣😅🤣😅🤣😅
@@Spilatro702 They voted democrat until the past 20 years.
@@kidwichita 👈🤣😅🤣Poor reader of American history, right here. Prime example of a uneducated trumpito supporter. 20 years ago? 🤡👈😅🤣😅🤣😅🤣😅🤣
@@kidwichita 👈🤣😅🤣I can tell you've never read a book. Maybe a 4chan article, maybe!
Same show predicted stock crash if trump found guilty... went record high 😂😂😂😂😂
I sure didn't save $2000 on taxes under Trump!! It barely went up.
You didn’t know how to do your taxes then
Exactly
Trump nation my parents said if I hit 15k they’d buy me a professional camera begging you guys please💪🏻
DEMENTIA of trump ADVANCES, NO HOPE OF GETTING TO IT 11\5
Corporations not only raised prices causing inflation, they are also getting huge tax cuts. Why?
You need to pass economics 101. The excess supply of currency printed by the government & excessive government spending are what caused inflation, not corporations.
They raised prices because their prices went up
@@paisteplayer1040 Follow your logic further. Their prices went up because other corporation which supplies the materials needed went up. The continuous spiral of corporation greed.
@@paulschmitz9175 so why are corporations charging you more? Explain why streaming services went up? why did electricity and fuel go up? why did groceries go up? Yes, excess spending during the pandemic (under Trump) is one reason, but you are ignoring the deeper structural reason for price increases: the concentration of the American economy into the hands of a few corporate giants with the power to raise prices. Corporations are using the excuse of inflation to raise prices and make fatter profits. Corporations can control how much they want to charge you.
@@user-ue1lv3mr5h Their prices went up because diesel doubled in cost.. And it still hasnt come down enough yet..
The economy is not bad if you can send money to Trump.
Oh it is.but you don't own anything or have responsibilities so how would you know?
@@cwhipp9805 lol. millions sent to chump to pay his legal bills and you think the economy is not doing well? How does your brain make sense of that?
It is typical Trump voters. Cry about not having enough money to feed yourself and your family, while still sending money to the con man.
@@FrancoisBZH277Pure misinformation...as usual from you people.
Paying private debts is against campaign laws and punishable so try again troll.
@@gregoryking9348 since when has chump been against breaking financial laws? That's new.
But I'm talking about the donated money by his supporters directly to his legal fund, not his campaign fund. He has many. Do you think his sneaker fund and his bibble fund go to the RNC? Have you not seen his money being used to pay legal fees. He has said it himself.
So, who's trolling or are you just that gullible?
Dump Trump ❤
Dump Trump back in the white house, I agree.
What city you live in just curious
@@dznuts2114 Moscow
@@desipage9862 go figure
Fun fact: if you want to be poor, low wges, low GDP, weakness in world markets, vote trumpito!! Trumpito economy was ranked 9th. Horrible!!👈😅🤣😅🤣😅🤣😅😅
Tell us all the economic successes of Brandon
Fun Fact: Biden is one of those politicians that has been stealing from Social Security for the past 50 years.
@@kidwichita 👈😅🤣😅Don't get mad at me you like failure and tax cuts for the rich.. You should go donate.. GO!!
Splatto, wake up fool
@@kidwichita Compare the economy Biden inherited and the economy now. There you have his success. Now imagine where we would be today if all he had done was play golf and send out hate tweets like your hero did. 'Nuff said.
I KOVE TRUMP❤❤
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