Current Events > The complicated truth behind Trump's 'American comeback'

(+) Yeah! (+)

https://apple.news/A5ueFPg-JTPyMrHlaJ_LpeQ

Trumpers listen up for once

Unemployment is low, but unfortunately unemployment is not a great indicator of how many people are hungry," says Jocelyn Lantrip, from the Food Bank of Northern Nevada, which supplies charities, including St Vincent's Food Pantry.
And often, those going hungry - or temporarily homeless - are people who already have jobs.

Odoylerules posted...

https://apple.news/A5ueFPg-JTPyMrHlaJ_LpeQ

Trumpers listen up for once

Unemployment is low, but unfortunately unemployment is not a great indicator of how many people are hungry," says Jocelyn Lantrip, from the Food Bank of Northern Nevada, which supplies charities, including St Vincent's Food Pantry.
And often, those going hungry - or temporarily homeless - are people who already have jobs.

This is what I was saying when everyone was praising Obama's unemployment rates, and they were higher than they are now.

---

The-Apostle posted...

This is what I was saying when everyone was praising Obama's unemployment rates, and they were higher than they are now.

funny how republicans try to use it now

nothing has changed
---

Taxes went up 90 billion under Trump in 2018.

Not hard to see who foot the bill for that when tax breaks were handed out to the extremely wealthy.

---

Villain posted...

Taxes went up 90 billion under Trump in 2018.

Not hard to see who foot the bill for that when tax breaks were handed out to the extremely wealthy.

but MUH TRICKLE DOWN!
---

Funny how his supporters refuse to acknowledge this

Odoylerules posted...

Funny how his supporters refuse to acknowledge this

I would challenge anyone to name one (actually true and not fake news) thing that trump supporters actually acknowledge...
---

Odoylerules posted...

Trumpers listen up for once

i dont think thats possible

---

Machete posted...

I would challenge anyone to name one (actually true and not fake news) thing that trump supporters actually acknowledge...

its all tag lines and bumper sticker mentality. its all they got.
---

Odoylerules posted...

Funny how his supporters refuse to acknowledge this

Most of them have been warned/banned.

Funny now how most topics are you guys just agreeing with each other now. Well, more like boring.

---

The Stock Market is not the economy. It only hurts regular people when it goes down, it never helps them when it goes up.

---

KiwiTerraRizing posted...

The Stock Market is not the economy. It only hurts regular people when it goes down, it never helps them when it goes up.

try explaining that to a trumper
---

RoadsterUFO posted...

Americans PAID more in taxes because of the tax cuts under Donald Trump

americans paid more in taxes because the economy grew during the presidency of donald trump, and the economic growth very slightly outstripped the lost revenues from corporate sources and very wealthy taxpayers, in 2018 to the order of a net increase in tax revenues of ~10 billion, or 0.3%

trying to tie the economic growth to the tax cuts, however, is making assumptions: there is not a clear and direct link between tax cuts and economic growth. aside from 2008 and 2009 (the recession), tax receipts have always been increasing, generally 4-10% per year. actual 2019 and estimated 2020 numbers point to a return to the historical growth rate.

https://www.thebalance.com/current-u-s-federal-government-tax-revenue-3305762
https://www.cbo.gov/about/products/budget-economic-data#2


---

All I can say is that my taxes went up in 2018 where as my wages didn't and I didn't make enough to be considered middle class at the time.

I was promoted in 2019 so I don't have an apples to apples comparison for 2018-2019

---

his tax cuts didnt do jack shit for me. i know that for a fact.
---

Villain posted...

All I can say is that my taxes went up in 2018 where as my wages didn't and I didn't make enough to be considered middle class at the time.

This is literally mathematically impossible.

---

---

SK8T3R215 posted...

This is literally mathematically impossible.

Prove it
---

Bishop9800 posted...

---

SK8T3R215 posted...

This is literally mathematically impossible.

Are you the guy I got into this with last time then vanished once I posted the snopes article?

---

Bishop9800 posted...

I need to save this image lol

---

I donate and tithe, and try to educate others on budgeting.

Not many want to give up their cable or Starbucks...

---

FigurineFan462 posted...

I donate and tithe, and try to educate others on budgeting.

Not many want to give up their cable or Starbucks...

that doesnt have to do with trumps failing economic policies
---

Machete posted...

Prove it

2018 onward tax brackets: 10/12/22%, higher standard deduction
2017 brackets: 10/15/25%, lower standard deduction than 2018

I mean, it's literally impossible to say "my taxable income is the same and somehow, getting a larger deduction and having lower tax rates for my income brackets resulted in a higher income tax".

Villain posted...

Are you the guy I got into this with last time then vanished once I posted the snopes article?

And you're the guy who doesn't understand how math works and has no understanding of their own tax return?

---

Just sounds like weird, unsubstantiated deflection you see from Trump supporters.

---

E32005 posted...

his tax cuts didnt do jack shit for me. i know that for a fact.

That's too bad.

---

SK8T3R215 posted...

2018 onward tax brackets: 10/12/22%, higher standard deduction
2017 brackets: 10/15/25%, lower standard deduction than 2018

I mean, it's literally impossible to say "my taxable income is the same and somehow, getting a larger deduction and having lower tax rates for my income brackets resulted in a higher income tax".

And you're the guy who doesn't understand how math works and has no understanding of their own tax return?

I'm not really interested in getting into this a 2nd time with some average Trump supporter.

2 facts: Americans paid 90 billion more in taxes and tax cuts were given to the extremely wealthy. That's as far as I'm interested in discussing this with you. You can keep your head in the sand if you want to

---

FigurineFan462 posted...

That's too bad.

yep. same with most middle class peeps i know.
---

I'll say this though, my taxes weren't significantly higher by any means but there was a noticable difference.

---

SK8T3R215 posted...

it's literally impossible to say "my taxable income is the same and somehow, getting a larger deduction and having lower tax rates for my income brackets resulted in a higher income tax".

unless you aren't using the standard deduction

---

One issue is that people are trying to live in cities they obviously can't afford with their minimal skillset.

That's not on Trump.

---

Sackgurl posted...

unless you aren't using the standard deduction

If you're "not even middle income class" then I really don't see how you are itemizing enough to not use the standard deduction.

Villain posted...

I'm not really interested in getting into this a 2nd time with some average Trump supporter.

2 facts: Americans paid 90 billion more in taxes and tax cuts were given to the extremely wealthy. That's as far as I'm interested in discussing this with you. You can keep your head in the sand if you want to

You're not interested because it's literally impossible to pay more on the same income unless you're (1) lying or (2) omitting other income items that causes differences between the two years. Again it's fucking math that makes it impossible.

And every year tax receipts increase, due to the growth of the economy and the workforce. Unless you want to show me how this "$90 billion" increase is solely from the middle class and not from various taxes (gift, estate, payroll, excise, etc).

---

Gen5_AppleJack posted...

One issue is that people are trying to live in cities they obviously can't afford with their minimal skillset.

That's not on Trump.

the people in this article are in reno, nv.
---

SK8T3R215 posted...

If you're "not even middle income class" then I really don't see how you are itemizing enough to not use the standard deduction.

house poor families that had a career interruption/downgrade?

---

Villain posted...

Just sounds like weird, unsubstantiated deflection you see from Trump supporters.

Yeah. Throwing random numbers around isn't proving anything. Personally, I did pay slightly less in taxes, but my investments including retirement funds took a hit in 2018, the amount I save in taxes was pennies compared to that hit.
---

U6 is almost back down to pre-9/11 numbers: https://www.macrotrends.net/1377/u6-unemployment-rate