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Non-Tech : Kirk's Market Thoughts
COHR 139.28-0.5%Nov 14 9:30 AM EST
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To: kimberley who wrote (9607)5/2/2020 2:54:47 PM
From: Kirk ©2 Recommendations

Recommended By
benwood
Siddhartha Gautama

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I saw that meme too but pointed out it was false because Trump raised personal taxes in the states that pay most of the taxes by eliminating many/most our deductions.

Again acting more like a Democrat, Trump put tariffs on imports while cutting taxes on corporations. The idea is if you build it here you save the tariff/tax and can compete better with low wage countries. You also hire workers who pay taxes so that helps increase tax revenue.

The trouble is he acts more like a Republican with huge increases to war making rather than national defense against a pandemic attack that could kill hundreds of thousands on our own shore. THAT was expensive and caused the deficit to soar despite rising tax revenue.
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