Quote:
Originally Posted by WTF
lustylad is a heavyweight in dipshitology.
Screamed about Trump and his 3% GDP forever....made fun of my talking about Trump's sugar high and you think the SOB is a heavyweight? Couldn't punch his way out of a grocery sack.
CM on the other hand knows his shit. He shouldn't be slumming in this shithole!
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Hey dumbass, how did I miss your loving tribute to me? You are a heavyweight in douche-baggery. Except in your case, I think it's spelled douche-buggery.
Why the fuck did you even start this thread? Hmmm... so the US tax-to-GDP ratio fell last year - and you think that's a BAD thing? It's another way of saying the crushing burden of confiscatory taxes imposed on our hard-working populace by clueless libtards such as yourself was lighter in 2018 than in 2017. Funny, that sounds like a GOOD thing to me.
Hmmm... do ya know what a RATIO is? It's the relationship between two numbers - a numerator and a denominator. Still with me, douche? Now if the tax/GDP ratio goes down, you might want to ask yourself why. If it's mostly because the size of the GDP pie (denominator) went up, then you should be applauding, not whining like the li'l bitch you are! And if it's mostly because a nasty recession is curtailing tax revenues (numerator), then you sure as hell don't want to exacerbate the economic downturn by raising taxes. So what's your fucking point anyway?
And before you start yukking about the Trump tax cuts starving the federal govt of revenues, suck on this:
Fed. Govt. Revenues:
FY 2017 - $3,316 bn.
FY 2018 - $3,329 bn.
FY 2019 - $3,462 bn.
Oh dear! Looks like the numerator isn't shrinking, at least not insofar as FEDERAL tax receipts are concerned. Since you're the OP, maybe you can dig deeper and tell us whether state and local taxes are dropping. If so, you can't blame that on trumpy.
Btw according to your source (which we know you didn't even read) our 2018 US tax/GDP ratio of 24.3% wasn't a whole lot different from the 24.7% it averaged under 8 years of odumbo. See for yourself:
http://www.oecd.org/tax/revenue-stat...ted-states.pdf
Our ratio is lower than most OECD countries because we don't burden our citizens with a crushing, highly regressive VAT to fund govt like they do in Europe. Instead, in the US we just progressively tax the fuck out of the top earners. So if you prefer crushing, highly regressive taxes that fall most heavily on Joe Six-Pack rather than Joe Moneybags, then you should seriously consider moving to France (or Sweden, or Denmark, or Italy, or Greece, or Germany...) Who knows, maybe you can build some fancy hovels while you're over there!
