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Non-Tech : Kirk's Market Thoughts
COHR 159.43+18.4%3:59 PM EST

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To: Kirk © who wrote (5312)12/16/2017 8:39:30 PM
From: zzpat  Read Replies (1) of 26431
 
An anecdotal story about a chip company is not a usable fact since there's no way for it to be confirmed by outside sources.

<<Did either of those TAX CUTS lower taxes for corporations?>>

The top corporate tax rate under Reagan was 46%. It's now 35%. See the chart below.

The nation has been obsessed with tax cuts since the debt exploded under Reagan. Asking Democrats to always raise taxes while republicans get to cut them is why we have one party running the entire government into the ground and $20 trillion of debt.

In two years CBO is projecting $1 trillion deficit and the republican solution is adding $1.5 trillion more debt.

"The Trump Budget Legacy: A Permanent $1 Trillion Federal Deficit"

Forbes

Supporting Document from CBO.



It's important to know and understand that no republican president who cut taxes and left office with smaller deficits than when he took the oath of office.

Both Presidents Clinton and Obama reduced the deficits considerably. By comparing and contrasting we can learn the truth. Your story, while compelling is not proof.

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