re:Biden says we're in an economic crisis. Lets raise taxes?

San Jose CA

Description

When Trump's tax cuts for individuals and corporations passed in the Congress there was an immediate increase of jobs so much so that before China unleashed covid on the world we had an excess of 7 millions jobs that went unfilled, the average workers income increased $6,500 per year and this can be verified by the Bureau of Labor Statistics. Manufacturing actually came back after the tax cuts even foreign corporations expanded their production here. Sir, once again your argument is destroyed by what actually happened, once again you rely on Democrat talking points or in plain English - lies. Obama tried tax increases and what we got were less hiring and a lot of part time jobs, if Biden and Pelosi get their way the same thing will happen. Tax cuts expanded our economy, jobs and income under JFK, Reagan and Trump, all your denying of the factual truth is bullshit. Under Reagan we had a sustained economic growth for 84 consecutive months, I along with over 100 million American workers experienced it where the hell were you? The Trickle Down Theory was coined by Democrats trying to deny Reagan's tax cuts and economic expansion much the same as you are denying Trump's. Fact's are stubborn things, fiction like your's are paper thin. I don't know why you bother with your lies when they are so easily disproven, I guess because you're a Democrat you don't know better. Young berkeley, your story is a fiction. -------------------------- So you're a fan of "trickle down" economics? Remember Ronald Reagan? Yea that worked out for America. The problem with giving corporations tax breaks is that they DON'T use them to create jobs. They don't save jobs. Companies have stock holders who want profit. Most companies can't do that with an American workforce. Why? Cost too much. Between salaries and insurance, etc. they can cut their costs 80% by manufacturing elsewhere. And Trump's tax package actually incentivized companies to do just that because they don't pay taxes on their overseas workforce. If any politician - Republican, Democrat, Independent - says they can bring jobs back they are full of shit. If you ran a company who's workforce costs pennies on the dollar guess what you'd do. The method that actually works best for companies is the "trickle up" concept. You can look that up.