Comments by "" (@1987BillyBob) on "Minimum wage UP in these 22 states on January 1, 2024" video.
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@iak706 "First, it would be silly to think that trump doesnt pay more taxes because the tax code doesn't require him to. Perhaps you should look into the lawsuit against him in new york that he lost"
It is not silly at all. He gets audited all the time. What law suit did he lose? Also, the conversation was federal taxes.
"The one where he made it look like his properties were less valuable on paper, so that he could pay less tax."
Oh, you mean the lawsuit where he did that years ago and now he is being challenged on it because the political left hates him? That was an asinine suit. You mean the bank and government cannot do an audit? Seems like either banks are not smart or the IRS.
"As president he signed a large permanent tax cut for the top 1% of earners, continued to spend and create the largest deficits in u.s. history"
He did not do a permanent tax cut for the 1%. Again, to get that you need 60 votes in the Senate. He did not gat that. He did a corporate tax cut to 21% to bring it down to the level of European nations.
Next, on the deficit, if you look at FRED stats his deficit as percent of GDP was less than 5%. Obama's first 3 years was over 5% until the republicans took over the House. Under Biden's first 2 years it was over 5%. So both Obama and Biden, with Democrat controlled congresses had a higher deficit.
"That deficit spending was a major contributor to recent inflation."
What caused mass inflation were democrats shutting down businesses telling people not to work while giving them free money. Production was down and money was being created left and right.
And again, Biden's deficit with a democrat controlled congress was higher compared to Trump. It is only going down now because a republican House, just like they did with Obama, is slowing down spending.
I am sorry, facts matter. You can look up FRED stats on that.
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