"Your talking out your backside raider, Trump tax cuts didn't...

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raiderup

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19/07/24

19:45

Post #: 74835073
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Originally posted by Fishinnick: ↑

Your talking out your backside raider, Trump tax cuts didn't increase inflation at all, in fact from 2017 when the tax cuts came out until Trump left end of 2020 the inflation rate fell, heres the chart and the link that clearly shows what happened in reality, rather than your bias anti business anti tax cut mindset, the reason inflation goes down when one delivers half decent sized tax cuts is because taxes are a cost on businesses thus if you reduce costs it reduces price pressures, this is simple common sense stuff Raider.

The data and chart also clearly show when inflation spiked higher and everyone knows what happened then, yep you guessed it, Biden took over and changed all the economic policies and the inflation rates took off like an Elon Musk space ship and we are all still suffering from it along with much higher interest rates, it 's the change in what the government spends money on along with massive increases in government spending and increasing government size, anti business policies and increased regulations that cause these inflation issues, we have the same issues here with Airbus Albo and Dim jim, they are all socialists see and socialism makes us all poorer and reduces opportunity.

https://www.macrotrends.net/global-metrics/countries/USA/united-states/inflation-rate-cpi

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"Your talking out your backside raider, Trump tax cuts didn't increase inflation at all"
TRUMP’S CORPORATE TAX CUTS PAVED THE WAY FOR INFLATION
Simple: It’s a lot more fun to gouge customers when you get to keep more of what you pull in.
https://otherwords.org/trumps-corporate-tax-cuts-paved-the-way-for-inflation/

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