Democrats have left moderate voters behind

[Digressions]

Sometimes you can right click (or hold down on the graph with your finger if using a phone) and open in new window. Then copy the link and put it into the picture link insert in the tool bar above where you post.

Thank you, sir.

 

[Digressions]

I disagree with the premise that the 1% were the biggest beneficiaries. In absolute dollars sure. But that money to them is far less important than the money for the lower and middle class. You’re right that the 1% is far likelier to invest the money gained from tax cuts rather than spend it.

That’s a good thing. There are companies, property, people, jobs, innovation on the other end of that investment.

Growth.

We definitely disagree.

Is lack of investment hindering growth? Are companies lacking capital? Is real estate undervalued? Housing prices? Are the middle class earning higher wages?

It seems that there's consensus that we need to reduce spending and increase revenues. I don’t think the Trump tax cuts helped. It’s re-rebranded more of the same.

Edit: For the proponents of Trumps tax cuts, where does it end? If cutting taxes is a good idea, why not keep cutting and cutting? Why aren’t we better off than when America was great? Are we just 2, 3, 4 Trump tax cuts away?

Where do you think tax rates/schedule should be? I answered that question. What do others think?

 

[DontComeAroundMuch]

We definitely disagree.

Is lack of investment hindering growth? Are companies lacking capital? Is real estate undervalued? Housing prices? Are the middle class earning higher wages?

There seems to be a mindset that has come in vogue that those financial firms on Wall Street do little more than move numbers around on a screen for the purpose of enriching themselves. That even on a smaller scale retail investors are just playing a game with their modest portfolios to try and grow their wealth.

Financial firms and and retail investors in the aggregate are the reason the U.S. has the strongest economy in the world. They provide the capital that allows companies to create new products and services that make people’s lives better. It’s why you have a higher quality of life than John D. Rockefeller despite him being the richest person in the world at the time he lived.

Attempting to artificially jog demand through tax policy doesn’t do that.

Investing in undeveloped real estate and sitting on it for years in hopes that its value will increase is rarely a good investment. That real estate needs to be developed which creates jobs, whether it’s commercial or residential. On the list of things that have made it harder for Zoomers and millennials to get on the property ladder than earlier generations, income tax policy is at the very very bottom.