Comments by "Nigel Johnson" (@nigeljohnson9820) on "US Senate approves tax reform bill" video.

  1. Seems like a really good deal if you are a billionaire. I am sure the Chinese will approve of making American great again, shame it will be the Chinese who will own it.
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  2. It's very simple, the tax cut will add 1 trillion $ to the US national debt. The Chinese have offered to underwrite that debt. i.e. the US will be in debt to the Chinese... QED. As for you will benefit from the tax cut, the money you "earn" the more you get in tax cuts. It is being reported that certain republican senators were refusing to sign the bill, until the industry from which they benefit were written into the bill to get a tax cut. No wonder they were so happy when photographed outside the White House, they were thinking of the millions of dollars they were going to save on their tax bills.
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  3. Damian Flynn it seem you do not know much about economics. China holds US debt in the form of treasury bonds. About 1.3 trillion dollars worth, about 30% of the total. Just imagine how many US companies the Chinese can buy with that much money. The US cannot continue to live beyond its means. The idea that the US will never pay off its debts is a nonsense, why would any one trade with the US if they are not going to get paid. By the way,where do you think the US government gets its money? The magic money tree? It comes from tax payers or it borrows it. That is why there is a direct correlation between the tax cut and the increase in the national debt. Trump tells the voters one thing while in fact doing the opposite. Make no mistake this tax cut is for the billionaire that surround Trump, and those in the republican party.
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  4. Damian Flynn by more specific, which section do you think makes your arguement???
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