Fact Check: Higher Corporate Tax Revenue After GOP Tax Reform Debunks Another Democrat Myth -...

For all you Enslited and Officer Business BA or MBA graduates like me ( In my case, I earned a BA Degree in Marketing, International Business, California State University, Fullerton. 1987) these tenets of Economics, Finance, and taxes all make sense to those who studied it.

The left ignores this to cater to their faulty narrative to incite anger and inequity when taxes are an inequity when they are TOO HIGH. Economics proves this.

A recent anti-business progressive article from PV2 Sellnow's commonsense.org does not follow the tenets of Economics and Finance 101. No Common sense from Commonsense.org because it misses the basics of Economics, Finance and Taxes 101.

Economics 101: You tax something less and you get more of it. You tax something more and you get less of it. Economist Arthur Laffer came up with the Laffer Curve back in the early 1980s.

Democrats of today do not want to admit that Democratic President JFK lowered taxes in the early 1960s. This is back when Democrats were more moderate and not like today.


In the early 1980s, President Ronald Reagan lowered taxes. Revenues went up and the economy improved. Inflation was stopped by raising interest rates. It was painful but it worked. Interest rates went down when inflation was under control.

In the late 1990s, President Clinton lowered taxes and compromised with Republicans. President Clinton almost balanced the budget. He did not lie and say he cut 1.7 Trillion in the budget like President lying Biden said when Biden spent 9 trillion dollars and set off this current inflation spiral not seen since the 1970s and early 1980s.

Today's leftist know-nothing Democrats just don't get it.
Recently, one of those on RP put a story that says that billionaires made money from President Trump's tax cuts.

President Biden has a stupid saying that he says he wants to build the economy from
'the bottom up, middle out'.

He has a problem with the top-down. President Biden hates corporate success. His Big Government Socialism through the Regulatory State is killing the US Economy.

President Biden brags about jobs and likes jobs even though his new Green New Deal is going to reduce the United Auto Workers by 30 or 40% when you go completely electric. He hates the top-down success.

I was commenting earlier today that in the last month, I got $300 in dividends for my oil stocks. So the extreme left Democrats hate corporations that deal with oil and energy yet they may pay 5 to 8% on their dividends. My oil and coal stocks are up 18-42%. If I wanted to cash out these stocks. I could make an extra $1200 on top of my dividends.

I know the price of oil and coal are going up thanks to Biden's desire to destroy the fossil fuel industry so I am keeping these stocks for now because the stock price is rising. This is what you call the top-down trickle-down economic success for a small fly like me. So Biden is full of SIERRA

So when foolish and brain-dead President Biden talks about trickle-down economics not working., he is full of horse dung. Stock price increases and dividends are the mother's milk of Corporations.

The stock market hasn't been doing so well since President Biden came into office. He claims he inherited a broken economy when he in fact his policies are breaking the economy by raising interest rates.

Interest rates were near zero when he took office but the average homeowner who has a variable rate interest rate is paying over 8% while he was probably paying 2.5 or 3% 3 years ago.

Because of the Democrat spending spree of 9 trillion dollars, President Biden has put us in a Blue Falcon situation. Blue Falcon is the Army acronym for screwing people over or screwing over your battle buddy. President Biden is a blue falcon to all of us and raising taxes is another way to Blue Falcon John Q public.

For some reason, leftist Democrats like stupid Congresswoman AOC, a woman who has a bachelor's degree in economics, and other leftist Democrats don't follow Economics and Finance 101 best practices.

Recap: trickle-down economics and tax cuts do help. President Biden tried to have Treasury Secretary Janet Yellen tried to go worldwide and have other countries raise a minimum tax for corporations so they couldn't leave the USA for other places like Ireland that is a tax rate of 12.5%. So instead of the USA being competitive, President Biden wants to have everybody have high corporate tax rates that way corporations can't lead to other countries but that won't be completely successful.

So don't listen to this rhetorical and untrue stories of how the rich make money and how nobody else prospers..

Do not forget about the little guy who now is paying 17% more since President Biden took office.

The Biden overspending and not wanting to renew President Trump tax cuts is going to make things worse because this existing dumb Administration is actually making more money, right now. Biden
hates everything Trump ever did and undoing Trump's common sense executive orders is costing America jobs and business opportunities.

The economy is slowly going into a downward spiral like it's going now. Democrats, Face this:

The President Trump tax cuts actually bring money to the treasury when the economy is not in a foxtrot situation.

President Biden trying to cut oil production domestically. What is so hard to understand that if you have domestic oil production, you have royalties paid to the American government, you have royalties paid to the state coffers, and you employ people who then make good money in the oil and gas industry and then they spend it everywhere? Dumb and Dumber Bidenomics. No wonder rank-and-file Democrats are getting tired of the empty promises and sticky inflation.

You have a stupid President Biden who is violating federal law by canceling oil leases in the Gulf of Mexico and in Anwar Alaska. Congress approved the leases in 2017 and President Trump signed it into law.

This dumb president insists on using communist-run Venezuela as an alternate means of getting oil.

Instead of pumping more oil in the US, this dumb Administration prefers to buy oil from Venezuela.


I have said in the past that the Venezuelan government is protected by the Cuban secret service. I have already said that my cousin used to be a Honduran government official and met Hugo Chavez back in 2002 and shook his hand and noticed that the Cuban Secret Services protecting him. So you left these don't understand that President Biden is purchasing oil from a Cuban satellite. This is what helps our balance of trade if we're buying oil from other countries instead of pumping it domestically and then making royalties from it or even selling it abroad.

The Democrats of today, who don't have any economics and finance experience. but they insist onsocialist ideals don't understand that lowering taxes actually raises revenue.
Maybe Leftists should stop reading those books from Angela Davis and Marxist BLM and listen to these experts on Fox Business or even mainstream media business shows that discuss how low lowering taxes actually raises revenue.

In my honest opinion, many Democrats today are like the Borg from Star Trek. You know those half-man machine people that like to take over other civilizations and enslave them and make them half-man half cyborg?

You can negotiate with a moderate Democrat but you can't negotiate with a socialist leftist Democrat.

Just remember, JFK and Bill Clinton both lowered taxes and raised money after these tax cuts came out. This is something that a modern leftist does not want to admit.