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The Corporate Tax Cut Is Paying for Itself

12 points by propman 8y ago

abfan1127 8y ago
any non-paywall link?
- Ancalagon 8y ago
  Open in incognito
  - patient_zero 8y ago
    that worked. cheers!
- rococode 8y ago
  You can get around paywalls with outline.com (where you just copy paste the URL) or by searching for the article from Google and clicking the link in search results. [edited to remove outline link for this article, technically you're not supposed to use it for copyrighted content]
  - woldemariam 8y ago
    Here are a couple of chrome extensions: https://chrome.google.com/webstore/detail/outline-read-without-clut/daoolpmoieinofbnddaofhkhmbagfmnj https://chrome.google.com/webstore/detail/outline-read-witho... https://chrome.google.com/webstore/detail/send-to-outlinecom/ibmkfdbakdbcfllldjgaeefkahecbeoe https://chrome.google.com/webstore/detail/send-to-outlinecom...
- deleted 8y ago
  [deleted]
- neonate 8y ago
  http://archive.is/PCGJb http://archive.is/PCGJb
andreareina 8y ago
Article is a fluff piece and provides zero support for its thesis.
alphabettsy 8y ago
Not news, but an opinion piece that seems in contrast with the CBO findings that’s the budget deficit will hit $1 Trillion per year by 2019. What are the benefits for the average American an how does it impact our future? https://www.nationalreview.com/2018/07/trump-budget-deficits-growing-big-spending-fiscal-irresponsibility/ https://www.nationalreview.com/2018/07/trump-budget-deficits...
pizzazzaro 8y ago
Any of that growth gonna trickle down to workers or nahh?
- jacknews 8y ago
  Of course not, and why should it, all of the growth is entirely attributable to the tax cut. <sarcasm>
wahern 8y ago
Stephen Moore also predicted tax revenue growth and reduced deficits for the Bush tax cuts (https://www.newyorker.com/magazine/2004/09/06/tax-code https://www.newyorker.com/magazine/2004/09/06/tax-code) and Kansas' recent tax cuts (https://www.washingtonpost.com/posteverything/wp/2016/07/14/dynamic-scoring-abuse-making-bad-tax-plans-look-good/ https://www.washingtonpost.com/posteverything/wp/2016/07/14/...). Maybe he'll be right this time....
orev 8y ago
I always find it interesting/dismaying how quickly people think the economy can react to changes in policy. For a single family, a change in economic status, such as a new job, pay rise, etc. takes at least many months or years to have a meaningful effect on debt and financial health of that family. A giant economy would take much longer, a few years at minimum, so see the true effects. It’s like steering a giant ship in the water; you can’t make changes and expect it to immediately have an effect. Any benefits we see right now are either a result of the previous administration’s policies, or in the case of the stock market, pricing of future expected gains already made in the market.

12 points by propman 8y ago

abfan1127 8y ago

any non-paywall link?

Ancalagon 8y ago
Open in incognito
- patient_zero 8y ago
  that worked. cheers!
rococode 8y ago
You can get around paywalls with outline.com (where you just copy paste the URL) or by searching for the article from Google and clicking the link in search results. [edited to remove outline link for this article, technically you're not supposed to use it for copyrighted content]
- woldemariam 8y ago
  Here are a couple of chrome extensions: https://chrome.google.com/webstore/detail/outline-read-without-clut/daoolpmoieinofbnddaofhkhmbagfmnj https://chrome.google.com/webstore/detail/outline-read-witho... https://chrome.google.com/webstore/detail/send-to-outlinecom/ibmkfdbakdbcfllldjgaeefkahecbeoe https://chrome.google.com/webstore/detail/send-to-outlinecom...
deleted 8y ago
[deleted]
neonate 8y ago
http://archive.is/PCGJb http://archive.is/PCGJb

andreareina 8y ago

Article is a fluff piece and provides zero support for its thesis.

alphabettsy 8y ago

Not news, but an opinion piece that seems in contrast with the CBO findings that’s the budget deficit will hit $1 Trillion per year by 2019. What are the benefits for the average American an how does it impact our future? https://www.nationalreview.com/2018/07/trump-budget-deficits-growing-big-spending-fiscal-irresponsibility/ https://www.nationalreview.com/2018/07/trump-budget-deficits...

pizzazzaro 8y ago

Any of that growth gonna trickle down to workers or nahh?

jacknews 8y ago
Of course not, and why should it, all of the growth is entirely attributable to the tax cut. <sarcasm>

wahern 8y ago

Stephen Moore also predicted tax revenue growth and reduced deficits for the Bush tax cuts (https://www.newyorker.com/magazine/2004/09/06/tax-code https://www.newyorker.com/magazine/2004/09/06/tax-code) and Kansas' recent tax cuts (https://www.washingtonpost.com/posteverything/wp/2016/07/14/dynamic-scoring-abuse-making-bad-tax-plans-look-good/ https://www.washingtonpost.com/posteverything/wp/2016/07/14/...). Maybe he'll be right this time....

orev 8y ago

I always find it interesting/dismaying how quickly people think the economy can react to changes in policy. For a single family, a change in economic status, such as a new job, pay rise, etc. takes at least many months or years to have a meaningful effect on debt and financial health of that family. A giant economy would take much longer, a few years at minimum, so see the true effects. It’s like steering a giant ship in the water; you can’t make changes and expect it to immediately have an effect. Any benefits we see right now are either a result of the previous administration’s policies, or in the case of the stock market, pricing of future expected gains already made in the market.