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Re: Poll: Most Americans now support GOP tax law

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Message 21 of 93

Critical wrote-"The Federal Reserve is getting ready to raise its target interest rate after allowing it to sit at historically low levels for years. And that could be an expensive proposition for Washington and for you, the taxpayer."----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------For those of us who remember getting 7% on a CD this is good news .(Especially for Seniors)

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Re: Poll: Most Americans now support GOP tax law

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Critical wrote -Here's another reality, and that is the huge double standard of Trump Lovers. If our president was Obama, and a tax bill passed which added $1.5 - $2 Trillion to our deficit, Trump Lovers would be flooding this site with hundreds of new posts complaining about adding to our national debt.

 

But when it's their idol and hero in the White House, they have no standards.--------------------------------------------------------------------------------------------------------------------------------------------------------------------------Of course you would ignore another reality that your hero <obama< added 1.25 trillion to the deficit  each year of his Presidency. Trump`s first year of his Presidency he only added 600,000 billion to the deficit  and look at the economy boom that is going on. Obama deficit  didn`t do anything  except rid the streets of cars with Obama stickers on them with his "Cash for Clunkers" program. The Dems  got standards but if they are harmful to everyone they still brag that they got standards -amazing!

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Re: Poll: Most Americans now support GOP tax law

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Message 23 of 93

@CriticalThinkingwrote:

I'm glad to see the market rebounding, but most people are shaken and losing confidence after the two largest point drops in market history. 

 

"The Federal Reserve is getting ready to raise its target interest rate after allowing it to sit at historically low levels for years. And that could be an expensive proposition for Washington and for you, the taxpayer."


The free market tends to correct itself, when allowed to. After eight years of "funny money" flooding the economy (QE) and artificially low interest rates, it is due for a correction.

 

Back to the topic - the tax cuts. How does someone not paying taxes get a tax cut?

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Re: Poll: Most Americans now support GOP tax law

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@afisherwrote:

   JIC some want to know who is supporting this "plan".

 


I'd like to see the credentials and polling techniques of the preparer of that conclusion.

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Poll: Most Americans now support GOP tax law

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Message 25 of 93

I'm glad to see the market rebounding, but most people are shaken and losing confidence after the two largest point drops in market history. 

 

"The Federal Reserve is getting ready to raise its target interest rate after allowing it to sit at historically low levels for years. And that could be an expensive proposition for Washington and for you, the taxpayer."

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Re: Poll: Most Americans now support GOP tax law

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Message 26 of 93

Market closed up (DOW) 348 points to 25,310. Looks like the market is rebounding.

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Poll: Most Americans now support GOP tax law

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Message 27 of 93

Rising National Debt means rising interest rates.  Concerns about rising inflation sent stocks reeling earlier this month,

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Re: Poll: Most Americans now support GOP tax law

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Message 28 of 93

@john258wrote:

Explain how you can have a tax cut when it increases the countries debt.

By lowering all tax brackets. Truly simple.

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Re: Poll: Most Americans now support GOP tax law

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@CriticalThinkingwrote:

Here's another reality, and that is the huge double standard of Trump Lovers. If our president was Obama, and a tax bill passed which added $1.5 - $2 Trillion to our deficit, Trump Lovers would be flooding this site with hundreds of new posts complaining about adding to our national debt.

 

But when it's their idol and hero in the White House, they have no standards.


Now the estimates of the effect on deficits for the Trump tax reduction happens to be $1.5 trillion (not $2 trillion) . Obama ran up the debt an average of $1.25 trillion dollars per year for each of his eight years. I'm sure the Obama cult don't want to hear about that or blame someone else for his misdeeds.

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Re: Poll: Most Americans now support GOP tax law

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Message 30 of 93

   JIC some want to know who is supporting this "plan".

 

PRO-LIFE is Affordable Healthcare for ALL .
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