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Politics : Formerly About Advanced Micro Devices
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To: Bonefish who wrote (1150334)7/17/2019 11:22:38 AM
From: puborectalis  Read Replies (2) of 1574136
 
When President Obama left office the annual budget deficit was $504 billion. Thanks to Donald Trump and Republicans huge 1% Wall Street tax cut handout the annual budget deficit has soared to over $1 trillion dollars with no corresponding revenue growth
Don’t tell me with $2 trillion cash and effective tax rate under 20% corporations needed a tax cut to create jobs or raise wages. 60% of $1.5 trillion Wall Street tax cut has funded stock buybacks to raise share value while they ship jobs and keep profits overseas
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