How The Unconstitutional Trump, Radical Republican Tax Cut Broke The Economy

Nov 2012
10,596
8,760
nirvana
#1

Too much is never enough for Republican tax-cutters.

The taxpayers most affected live in Democratic-leaning blue states, which also happen to be those with better paying jobs. Had the Trump-Radical Republican tax cut bill been examined in public hearings, the public would have known about its partisan provisions, something the Framers of our Constitution warned against and which they tried to prevent with the uniformity clause in Article I, Section 8, Clause 1 of our Constitution, which says taxes should be uniform across the country.

Manufacturing activity has grown for 116 consecutive months, the last 23 of them under Trump, the Institute for Supply Management’s latest report showed.

But Institute reports also showed a sharp slowdown as 2018 ended despite the Trump-Radical Republican tax cut favors for business. In December, the institute’s Purchasing Managers Index (PMI) stood at 54.1, down sharply from 59.3 in November.

Much more worrisome was an 11-point decline in the index for future orders, which fell in December from 62.1 to 51.1. That suggests economic growth will slow, perhaps even stall, later this year.

Expect some contraction in consumer spending in the first half of this year as many prosperous Americans get hit with much bigger than expected income tax bills.

Open thread for night owls. Johnston: How the Trump-radical Republican tax cut broke the economy
 
Nov 2012
40,583
11,692
Lebanon, TN
#3
Trump broke the Economy.. lets see debt is accuring less under his administration than under Obama's, so based on your uneducated premise Obama sucked a big bag of air.

oopsie. Even your lack of understanding of the US Constitution shows your Hero Obama is the cause of the demise of our government fiscally... (But then again you are to uneducated to know that presidents do nto create debt)...
 
Jun 2012
41,958
15,170
Barsoom
#4
...the Framers of our Constitution warned against and which they tried to prevent with the uniformity clause in Article I, Section 8, Clause 1 of our Constitution, which says taxes should be uniform across the country.
The purpose of the uniformity clause was not to address how taxes affected certain areas of the country. The uniformity clause was the product of the Mt. Vernon Conference and the Annapolis Convention and it regarded gouging land locked states.
 
Dec 2018
1,910
1,248
Wisconsin
#5
There are effective ways to discuss the downfalls, and there are many, of the Trump tax cuts. This is not one of them
 
Nov 2014
2,818
356
Florida
#6

Too much is never enough for Republican tax-cutters.

The taxpayers most affected live in Democratic-leaning blue states, which also happen to be those with better paying jobs. Had the Trump-Radical Republican tax cut bill been examined in public hearings, the public would have known about its partisan provisions, something the Framers of our Constitution warned against and which they tried to prevent with the uniformity clause in Article I, Section 8, Clause 1 of our Constitution, which says taxes should be uniform across the country.

Manufacturing activity has grown for 116 consecutive months, the last 23 of them under Trump, the Institute for Supply Management’s latest report showed.

But Institute reports also showed a sharp slowdown as 2018 ended despite the Trump-Radical Republican tax cut favors for business. In December, the institute’s Purchasing Managers Index (PMI) stood at 54.1, down sharply from 59.3 in November.

Much more worrisome was an 11-point decline in the index for future orders, which fell in December from 62.1 to 51.1. That suggests economic growth will slow, perhaps even stall, later this year.

Expect some contraction in consumer spending in the first half of this year as many prosperous Americans get hit with much bigger than expected income tax bills.

Open thread for night owls. Johnston: How the Trump-radical Republican tax cut broke the economy
This link tells a different story

Labor Force Participation at Trump-Era High of 63.2% in January