This page is a permanent link to the reply below and its nested replies. See all post replies »
Tatsumi · 31-35, M
I will have more money. Whether or not that will actually benefit me is something only the future can say. If people don't spend the extra money they will have, it won't boost the economy [though, even though it's stated that tax cuts do boost the economy, there's no real proof that it does to any significant degree, based on previous tax cuts], then:
If it increases the national deficit by 10 trillion dollars, as presumed by the conservative leaning National Tax Association, and our debt holders increase our interest rates due to a lack of faith that we'll be able to pay off our national debt, and we go into an economic meltdown due to the interest blackhole. Well. That's not going to benefit me very much.
Assuming it does boost the economy perfectly as planned, it'll cost 2 trillion dollars.
And, it depends on what the government will cut, if they do try to cut enough to make up for the $2,000,000,000,000- $10,000,000,000,000 they're giving away. If they cut food stamps and a bunch of other shit that helps the poor, well, crime and violence is going to increase. So, I could be shot or stabbed, in a vastly increased crime rate.
Basically, who the fuck knows. I hope it will. But I'm expecting the worst, so all that extra money is going into savings and investment. But, I expect more of the same from this administration. Jerking off the rich and stomping on the working class, as they've done so far passing like 20 bills aimed at destroying worker protections and fucking unions in the ass.
I expect this to hurt me, in the long run.
If it increases the national deficit by 10 trillion dollars, as presumed by the conservative leaning National Tax Association, and our debt holders increase our interest rates due to a lack of faith that we'll be able to pay off our national debt, and we go into an economic meltdown due to the interest blackhole. Well. That's not going to benefit me very much.
Assuming it does boost the economy perfectly as planned, it'll cost 2 trillion dollars.
And, it depends on what the government will cut, if they do try to cut enough to make up for the $2,000,000,000,000- $10,000,000,000,000 they're giving away. If they cut food stamps and a bunch of other shit that helps the poor, well, crime and violence is going to increase. So, I could be shot or stabbed, in a vastly increased crime rate.
Basically, who the fuck knows. I hope it will. But I'm expecting the worst, so all that extra money is going into savings and investment. But, I expect more of the same from this administration. Jerking off the rich and stomping on the working class, as they've done so far passing like 20 bills aimed at destroying worker protections and fucking unions in the ass.
I expect this to hurt me, in the long run.