if you want to talk taxes part two...

In America, corporations essentially don't pay taxes.

• 91 companies in the Fortune 500 paid no taxes last year even though they are worth billions.
• About 400 of America’s largest corporations paid 11.3%.
• “Video game maker Activision Blizzard had $447 million in profits but received a tax rebate of $243 million, resulting in an effective tax rate of -54.4%. The company went on to shed 800 jobs in the early weeks of 2019.”

So, yes the economy is booming. Praise be.

We’re also running the largest deficits in the history of America - our annual deficit has gone from 587 billion when President Trump took office in January 2017 to 984 billion in 2019.

That’s 4.6% GDP.

Meanwhile…

Remember the chart from a while ago with America the third lowest tax rate in the world?

France has the highest taxes… their budget deficit is at a 12 year low. 2.5% GDP.
Denmark (#2) will be at 0.2% GDP after a budget surplus last year!
Belgium (#3) is panicking - their deficit will be 1.3% of GDP.
Sweden (#4) recorded a budget surplus! Yeah surplus.
Finland (#5) is at 0.7% GDP for 2018.

Again the U.S. is at 4.6% of GDP - almost double that of France.

And the list goes on and on.

If you want to talk taxes, remember, higher taxes and lower government spending result in less debt.

America has neither.

Oh, one more thing….

Taxes in America were much higher in the 50’s, 60’s, 70’s, and 80’s then they are today.

In short, I think we’re all for making America great again - but that has never meant doing the things we’re doing today with taxes and spending. Can we stop pretending? Please.