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Old 04-28-2022, 11:30 PM   #1
bb1961
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Default Chucky has found the way to reduce bidenflation...RAISE TAXES...fucking brilliant!!

That fucker doesn't understand the first thing about economics. The libtards answer to EVERYTHING...tax and spend. That is what has this country in the terrible situation that it is finds itself in now!!

Senator Chuck Schumer: The Only Way to Reduce Inflation is ...
https://www.shorenewsnetwork.com/2022/04/27/...
1 day ago · Democrat Majority Leader Chuck Schumer claimed the “only way” to reduce Bidenflation is to raise taxes, during the Senate Democrat’s weekly press conference on Monday. “If you want to get rid of inflation, the only way to do it is to raise…undo the Trump tax cuts and raise rates,” Schumer said. Schumer called for the removal of tax ...

Schumer wants to raise taxes to fight inflation - YouTube
https://www.youtube.com/watch?v=6wOFd_clejY
Schumer wants to raise taxes to fight inflation - YouTube
0:14
Apr 27, 2022 · Sen. Chuck Schumer claimed the “only way” to reduce inflation is to raise taxes, during the Senate Democrat’s weekly press conference on April 26, 2022.

Chuck Schumer Says Raising Taxes Is The Only Way To Deal ...
https://americanlookout.com/chuck-schumer-says...
1 day ago · April 27, 2022. Senate Majority Leader Chuck Schumer thinks the only way to deal with inflation is to raise taxes. In other words, Americans who are already feeling economic pain because of Democrat policies just need to feel more pain. That’s the only solution in Chuck’s mind. The idea of cutting taxes never even crosses the mind of a ...

Chuck Schumer: ‘Only Way’ To Reduce Inflation Is To ‘Raise ...
https://nworeport.me/2022/04/27/chuck-schumer-only...
Apr 27, 2022 · The “only way” to tackle rampant inflation in America is to raise taxes on the middle class and eliminate tax cuts enacted by former President Donald Trump, according to Senate Majority Leader Chuck Schumer (D). “If you wanna get rid of inflation, the only way to do it is to undo a lot of the Trump Tax Cuts and raise rates,” Schumer ...

Top Senate Dem says raising taxes, undoing Trump tax cuts ...
https://www.theblaze.com/news/chuck-...axes-inflation
1 day ago · Senate Majority Leader Chuck Schumer (D-N.Y.) claimed Tuesday the only solution to record-high inflation is raising taxes. What are the details? During a press conference, a reporter asked Schumer whether Democrats plan to use the budget reconciliation process to pass legislation (without Republican support) to address the ongoing economic crisis.

Schumer: Let's Face It, The Only Way to Solve Inflation is ...
https://townhall.com/tipsheet/guybenson/2022/04/28/...
16 hours ago · In his answer, Schumer starts to say "raise taxes" as his exclusive inflation solution, then catches himself and realizes he needs to frame it a little differently. That's when he invokes Trump's ...

Chuck Schumer: ‘Only Way’ To Reduce Inflation Is To ‘Raise ...
https://anti5g.net/index.php/2022/04/27/chuck...
Apr 27, 2022 · Chuck Schumer: ‘Only Way’ To Reduce Inflation Is To ‘Raise Taxes’ & Undo Trump Taxes Cuts 12 mins ago thecryptokang Meanwhile, excessive government entitlement spending facilitated by Federal government Reserve money-printing will carry on unabated.

Schumer Says the “Only Way” to Reduce Inflation is to ...
https://fromthetrenchesworldreport.com/schumer...
1 day ago · “If you want to get rid of inflation, the only way to do it is to undo a lot of the Trump tax cuts and raise rates,” Schumer said. “No Republican is ever going to do that, so the only way to get rid of inflation is through reconciliation.” VIDEO: Senator Schumer argues the only way to cure inflation is by raising tax rates.

Schumer Says the “Only Way” to Reduce Inflation Caused by ...
https://www.survivethenews.com/schumer-says-the...
2 days ago · Senate Majority Leader Chuck Schumer (D-NY) on Tuesday said the only way to reduce inflation caused by Joe Biden and the Democrats is to raise taxes on Americans. Senators Schumer and Manchin discussed a new tax hike and deficit reduction bill as a way to combat inflation. Bloomberg reported: Key holdout Senator Joe Manchin said […]

Chuck Schumer: ‘Only Way’ To Reduce Inflation Is To ‘Raise ...
https://www.newswars.com/chuck-schumer-only-way-to...
2 days ago · Chuck Schumer: ‘Only Way’ To Reduce Inflation Is To ‘Raise Taxes’ & Undo Trump Tax Cuts Meanwhile, excessive government entitlement spending facilitated by Federal Reserve money-printing will continue unabated.
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Old 04-29-2022, 12:34 AM   #2
Yssup Rider
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This message is hidden because bb1961 is still on your ignore list.
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Old 04-29-2022, 12:44 AM   #3
The_Waco_Kid
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Originally Posted by Yssup Rider View Post
This message is hidden because bb1961 is still on your ignore list.

This message is stupid because a commie wrote it


babahahabbahaaaaaaa
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Old 04-29-2022, 01:55 AM   #4
bb1961
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I can't agree with you more TWK.
Reality is kryptonite to the left...
It's funny how he responsed to a message he can't see, but that is typical of all the democraps. It's just a post count thing for him...he has nothing of substance to refute it so he reverts to his usual unsubstantiated idiotic comments. His political philosophy is what is causing all the disasters we are experiencing in this country but he is to butt ass hurt or to stupid to admit it. There is no cure for liberalism...it must be eradicated.
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Old 04-29-2022, 06:46 AM   #5
Why_Yes_I_Do
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Default The long way around the barn?

Quote:
Originally Posted by bb1961 View Post
I can't agree with you more TWK.
Reality is kryptonite to the left...
It's funny how he responsed to a message he can't see, but that is typical of all the democraps. It's just a post count thing for him...he has nothing of substance to refute it so he reverts to his usual unsubstantiated idiotic comments. His political philosophy is what is causing all the disasters we are experiencing in this country but he is to butt ass hurt or to stupid to admit it. There is no cure for liberalism...it must be eradicated.
Seems as though you took the long way around the barn with YR. I usually take the shortcut:


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Old 04-29-2022, 06:58 AM   #6
Jackie S
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It is like Chucky convened a think tank to help him be even more stupid than Joe Biden.
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Old 04-29-2022, 08:55 AM   #7
texassapper
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What's funny is that the Democrat/commies answer is always to raise taxes. Doesn't matter what the problem is. NOBODY ever thinks that reducing spending is an answer to ANY problem EVER.

I've seen the analogy of if the US was a household by lopping off the trailing zeroes. Our annual budget would look like:

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Old 04-29-2022, 09:20 AM   #8
Yssup Rider
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Quote:
Originally Posted by The_Waco_Kid View Post
This message is stupid because a commie wrote it


babahahabbahaaaaaaa
Quote:
Originally Posted by Why_Yes_I_Do View Post
Seems as though you took the long way around the barn with YR. I usually take the shortcut:





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Old 04-29-2022, 10:45 AM   #9
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Default 55,334 and Counting!

Quote:
Originally Posted by bb1961 View Post
It's just a post count thing for him... he has nothing of substance to refute it so he reverts to his usual unsubstantiated idiotic comments.
Trolls gonna troll!

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Old 04-29-2022, 10:58 AM   #10
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Default Professor Stephanie's Poisonous "Cure"

Tax Increases Won’t Cure Inflation

Another bright idea from the folks who brought you Modern Monetary Theory.


By The Editorial Board
April 27, 2022 7:00 pm ET


The same policy wizards who brought you soaring inflation are now offering what they claim is a solution to inflation: Raise taxes. Our advice is to consider the source and the economic record their previous advice produced.

Democrats are desperate to salvage something from their Build Back Better agenda after Joe Manchin killed the original version last year. Sen. Manchin’s complaint then was that trillions of dollars in new spending would stoke inflation. Voila, Senate Majority Leader Chuck Schumer is now pitching a tax increase as a cure for price increases.

“If you want to get rid of inflation, the only way to do it is to undo a lot of the Trump tax cuts and raise rates,” Mr. Schumer said after a meeting this week with Mr. Manchin. The West Virginian may agree. “We talked about the tax code and doing something to combat inflation. He is just as concerned about inflation as I am,” he said after their chat.

This argument is probably mere political expedience—any pitch in a storm to convince Mr. Manchin. But to the extent it’s serious, the idea is one tenet of the Modern Monetary Theory school that is fashionable on the left.

“Coordinating higher government spending with higher taxes so that the rest of us are forced to cut back a little to create room for additional government spending,” as MMT evangelist Stephanie Kelton puts it. She says the trick is to “remove spending power from the rest of us” via taxes so the government can fund things like solar panels in California.

This is the same theory that told us the government can spend whatever it wants and not worry about rising prices. The Federal Reserve can simply keep suppressing interest rates and finance whatever politicians spend. Well, Congress and the Fed took Ms. Kelton’s advice, and here we are with the highest inflation in 40 years.

The raise-taxes strategy gets the inflation dilemma exactly backward. Congress and the Federal Reserve pumped up demand for two years to the point that supply couldn’t keep up. The Fed is finally doing its part to suppress demand by belatedly raising interest rates and planning to trim its balance sheet. The main cure for inflation is better monetary policy.

But tax increases would make inflation worse by further suppressing the supply side of the economy. That’s especially true of the corporate tax increases that Mr. Schumer is pitching. They’d suppress productive investment precisely when the economy needs it to offset the Fed’s tighter money. This is what happened in the 1960s and ’70s when higher taxes on corporate profits and individual incomes contributed to inflation by depressing investment and productivity growth.

The economic solution to inflation that finally worked arrived in the 1980s with economist Robert Mundell’s policy mix of tighter money to target inflation and tax cuts to re-ignite animal spirits and faster growth. The Reagan boom followed. The 2017 Tax Cuts and Jobs Act also triggered productive investment while inflation remained subdued until 2021.

The only way a tax increase could reduce inflation is if it pushes a slowing economy into recession. We doubt that’s the inflation solution Democrats have in mind.

https://www.wsj.com/articles/tax-inc...y-11651088734?
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