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EITC, for example, may be a direct expense

Posted on: August 28, 2024 at 17:14:14 CT

haeffb MU

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M.O.B. Votes:

because it’s refundable.

Other tax credits are not, like most of the Inflation Reduction Act. Those “green energy” tax credits are a reduction in income.

Please explain why this message is being reported.

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MESSAGE THREAD

Trump The Spender: The Sequel... - Gyro STL - 8/28 15:39:47

Between the two; I like Trump's proposals the best thanx, bn - MU-TULSA MU - 8/28 17:34:46

Don't mind if they spend on the right things... - Logan BAMA - 8/28 16:42:28

so Kamala wants to raise taxes by 4.5T - tman MU - 8/28 16:19:07

Tax cuts don't "cost" anything - Th8tnTiger MU - 8/28 16:06:19

Do tax credits cost anything? (nm) - haeffb MU - 8/28 16:20:05

depends on the scope of your analysis and assumptions - 90Tiger STL - 8/28 16:38:42

That complexity is also the problem with an argument - haeffb MU - 8/28 17:18:03

Then we agree this analysis is hot garbage, good - 90Tiger STL - 8/28 18:16:38

Well, it is useful - haeffb MU - 8/28 18:32:16

no, it really isn't. It's misleading click-bait for - 90Tiger STL - 8/28 19:05:08

Is a (potential) reduction in income the same thing as - JeffB MU

- 8/28 16:33:47

EITC, for example, may be a direct expense - haeffb MU - 8/28 17:14:14

RE: Tax cuts don't "cost" anything - namres MU - 8/28 16:11:00

You're on the Politics Board man... - Gyro STL - 8/28 18:42:33

It theoretically could reduce government tax income, but - JeffB MU

- 8/28 16:31:15

gvmt only spends more when revenues increase, this - 90Tiger STL - 8/28 16:14:31

RE: Tax cuts don't "cost" anything - 90Tiger STL - 8/28 16:14:05

Yes the problem is spending. - Th8tnTiger MU - 8/28 16:12:48

they do not add to the deficit. only spending does(nm) - tman MU - 8/28 16:12:09

revenue increased during Trump's tax cuts (nm) - 90Tiger STL - 8/28 16:11:43

Kind of hard to believe they posted that - Bosalphus KC - 8/28 16:07:36

yeah, that's a super serious analysis (nm) - 90Tiger STL - 8/28 16:06:54

lol, I'll wait for the responsive "non-partisan" analyses - 90Tiger STL - 8/28 16:02:03

Don't report me for this......And Kamala's proposals? (nm) - MIZ45 MU - 8/28 15:59:35

increased taxes on the successful(nm) - tigerinhogtown STL - 8/28 16:02:06

Or lucky - JayHoaxH8r MU

- 8/28 16:09:51

Are you okay with this? (nm) - MIZ45 MU - 8/28 17:23:18

so you have been unlucky?(nm) - tman MU - 8/28 16:20:08

My dad hasn't given me 'loans' of several - JayHoaxH8r MU

- 8/28 16:51:18

did you turn your X into 1000X as trump did from his - 90Tiger STL - 8/28 17:00:24

I'm not a convicted felon - JayHoaxH8r MU

- 8/28 19:05:45

"The Spender" - Bosalphus KC - 8/28 15:54:48

Those models are complex & as unreliable as the climate - JeffB MU

- 8/28 15:53:19

Biden harris debt is even larger. - RHAYWORTH MU - 8/28 15:49:36

Biden added 7T to the national debt - Spanky KU - 8/28 15:48:12

Uh, that’s not the National Debt. - haeffb MU - 8/28 15:53:26

Here is the national debt, per the US Treasury: - JeffB MU

- 8/28 16:06:52

That’s a better answer. - haeffb MU - 8/28 16:21:25

You didn't read the OP did you?(nm) - Spanky KU - 8/28 15:58:38

The article in the OP is an estimate of what tax cuts - Bosalphus KC - 8/28 15:56:40

it's a piece used for what it's being used for in a - 90Tiger STL - 8/28 15:59:03

100% (nm) - Bosalphus KC - 8/28 16:00:03

LOL (nm) - Fourth and Long MU - 8/28 15:44:50

Per Felix Salmon, who appears to be an idiot. (nm) - JeffB MU

- 8/28 15:42:19

RE: Per Felix Salmon, who appears to be an idiot. (nm) - Gyro STL - 8/28 15:46:12

Salmon sounds like the kind of surname somebody - Columbian Gold MU - 8/28 15:45:24

Axios is a prog opinion blog and not a news source. Try - BH O'bonga MU - 8/28 15:41:51

RE: Axios is a prog opinion blog and not a news source. Try - Gyro STL - 8/28 15:45:49