Larry Kudlow on health of US economy, possibility of new tax cuts

Larry Kudlow on health of US economy, possibility of new tax cuts


DAVID. DAVID: MARK. THANK YOU VERY MUCH. SPEAKING OF LARRY KUDLOW, PRESIDENT TRUMP’S TEAM IS TRYING TO CLEAN UP CONFUSION. HIS CHIEF ECONOMIC ADVISOR TELLING ME ON FOX BUSINESS ANOTHER TAX CUT PITCH IS INDEED COMING. LISTEN.>>WE ARE DEVELOPING AGAIN TAX CUTS 2.0. WE’RE TOUCHING BASE WITH ALL THE KEY PEOPLE IN THE ADMINISTRATION. DAVID: BUT, LARRY, IT SEEMS THAT THE PRESIDENT TOOK 2.0 OFF THE TABLE YESTERDAY.>>HE DIDN’T. I SPOKE TO HIM ABOUT IT. WHAT HE WAS SPEAKING TO WAS SOMETHING IMMEDIATE, URGENT OR ANTI-RECESSION. WE JUST DON’T BUY THAT SCENARIO. DAVID: FORGIVE ME FOR INTERRUPTING, BUT HOW SOON — MIGHT WE SEE MORE TAX CUTS BEFORE THE ELECTION?>>BEFORE THE ELECTION, YES. IN FACT, YOU MIGHT EVEN SEE TAX CUTS 2.0, WHICH WOULD DRIVE ADDITIONAL TAX RELIEF AND CREATE ADDITIONAL TAX INCENTIVES FOR MIDDLE CLASS FOLKS, FOR BLUE COLLAR WORKERS, FOR SMALL BUSINESSES. ADDITIONAL INCENTIVES. ADDITIONAL TAX CUTS AND YOU MIGHT SEE THAT DURING THE CAMPAIGN, TO BE PERFECTLY HONEST. THERE IS NOTHING IN THE NEAR-TERM. THAT’S WHAT THE PRESIDENT WAS GETTING AT. WE BELIEVE THE ECONOMY IS QUITE HEALTHY. WE EXPECT SOME RELIEF ON SHORT-TERM INTEREST RATES COMING UP FROM THE FED AND SO FORTH. BUT LONGER RUN, WHY NOT? THE TAX CODE CAN USE MUCH MORE REFORM, RIGHT? MUCH LOWER MARGINAL RATES FOR INDIVIDUALS, FOR BUSINESSES AND SO FORTH. WE’VE MADE TREMENDOUS PROGRESS IN 2017, 2018, 2019, BUT WE HAVE MORE WORK TO DO. NO QUESTION ABOUT THAT. DAVID: LARRY, YOU JUST MADE PRETTY BIG NEWS SUGGESTING DURING THE CAMPAIGN ITSELF LONG BEFORE THE ELECTION ITSELF WE COULD SEE A ROLLOUT OF NEW TAX CUT PROPOSALSMENTS YOU VERY MAY WELL SEE A NEW ROLL OUT OF ADDITIONAL, ADDITIONAL MIDDLE CLASS TAX–>>WHAT KIND? YOU SAID MIDDLE CLASS. THAT TO ME SOUNDS LIKE PAYROLL TAX CUTS.>>NO, I DON’T WANT TO GET INTO A LOT OF DETAIL ON THAT BUS I DON’T WANT TO GET AHEAD OF THE CURVE, BUT HIGHLY UNLIKELY WE’LL GO TO SOME SORT OF — THE IDEA OF SOME SHORT-TERM PAYROLL TAX CUT FIX, IT DOESN’T WORK, IT NEVER WORKS. IT HAS NO LASTING IMPACT. WE’RE LOOKING AT INCENTIVES. WE’RE LOOKING AT LOWER — LOOK, THE PERSONAL TAX RATES COULD EASILY BE LOWERED AND PROBABLY, THE BRACKETS COULD BE SHRUNK. THAT’S A THOUGHT. SMALL BUSINESSES, FOR EXAMPLE, COULD EASILY BENEFIT FROM ADDITIONAL TAX REFORM. FOR EXAMPLE, YOU KNOW, LLC’S MIGHT EVEN BENEFIT– WE MIGHT EVEN KIND OF WORK THROUGH A WAY TO HELP OUR FRIENDS IN SOME OF THE STATES WHO ARE CONCERNED ABOUT THE SHRINKAGE OF THE TAX DEDUCTIONS THERE. DAVID: IT’S ALL TAXES.>>TAXES. I’M NOT — THESE ARE FOR EXAMPLES. FOR EXAMPLES, THE CAPITAL GAINS TAX COULD BE CHANGED, COULD BE REDUCED FROM 23.8% WHICH IS VERY, VERY HIGH. THERE’S A LOT OF THINGS THAT CAN BE DONE TO SIMPLIFY THE TAX CODE, TO HELP MIDDLE CLASS FOLKS IN SMALL BUSINESSES, TO LOWER RATES, TO CREATE INCENTIVES. DAVID: SO TAX CUTS 2.0, IS THAT A CAMPAIGN STRATEGY HEADED INTO 2020. THE HEAD OF FORBES MEDIA, STEVE FORBES. AND CO-CHAIR, AND JESSICA TARHOV. TAXES A STRATEGY?>>THE TAX CODE, MUCH TOO HIGH AND EVEN IN BLUE STATES THEY’D LOVE THE IDEA OF REDUCING TAX RATES AND STIMULATE THE ECONOMY. GOOD TAX CUTS ARE GOOD. THE IDEA THAT YOU CAN OVERSTIMULATE WITH GOOD TAX CUTS IS PREPOSTEROUS. IF YOUR PAY GOES UP, DAVID, OR SOMEBODY’S PAY GOES UP, I DON’T THINK THEY’RE SWEATING AT NIGHT BECAUSE THEIR INCOME IS IMPROVING. GO FOR WHAT’S GOOD. BY GOLLY, WHY DOESN’T HE PROPOSE A FLAT TAX AND THROW THE WHOLE THING OUT, EVERYONE WOULD CHEER. DAVID: JESSICA, IF YOU ASK THE VOTE, DO YOU WANT TO PAY MORE OR LESS IN TAXES? HOW DO YOU THINK THEY’RE GOING TO ANSWER.>>THEY’LL OBVIOUSLY SAY THEY WANT TO PAY LESS FOR TAXES. DAVID: THERE YOU GO. IT’S A GOOD IDEA.>>I THINK THAT MIDDLE CLASS AND LOWER CLASS TAX CUTS ARE A GOOD IDEA. ALL THE CANDIDATES ON THE DEMOCRAT SIDE HAVE THOSE TO BENEFIT THE ISSUE. DAVID: HOW ARE THEY GOING TO PAY FOR IT?>>WE ARE GOING TO SUBMIT TO CONGRESS, INFRASTRUCTURE. DAVID: BECAUSE THERE’S NOT ENOUGH MONEY IN THE UNITED STATES TO PAY FOR EVERYTHING THEY’RE PROPOSING.>>THE PEOPLE ON THE REPUBLICAN SIDE, THE TAX CUTS BENEFITTED PEOPLE THEY WERE NOT SUPPOSED TO BENEFIT OR PURPORTED TO BENEFIT. CORPORATE PAYOUTS. YOU’RE LOOKING AT ME PERPLEXED AND WITH A TRADE WAR–>>LET’S BE CLEAR ABOUT THIS. THIS IS A NEW YORK TIMES HEADLINES, THEY’RE NOT TRUMP FANS. FACE IT YOU PROBABLY GOT A TAX CUT. THEY’RE ASSOCIATED WITH LIBERAL ORGANIZATIONS SAYING THAT 65% OF TAXPAYERS GOT A TAX CUT. ONLY 6% ACTUALLY PAID MORE IN THEIR TAXES, BUT THAT’S A PROBLEM FOR REPUBLICANS BECAUSE THEY DID NOT MESSAGE THAT WELL IN 2018, DID THEY?>>WELL, I MEAN, A LOT OF MEDIA DIDN’T WANT TO REPORT THE REAL FAX ABOUT THE TAX CUTS AND JOBS ACT. DAVID: WITH AN ABOUT REPUBLICANS DUTY TO REPORT IF THEY DIDN’T WANT TO BE REELECTED. A LOT OF THEM WEREN’T AS A RESULT OF NOT REPORTING THAT IN 2018.>>THE PRESIDENT IS PUSHING FACTS ABOUT WHAT HAPPENED AND PEOPLE THAT BENEFITTED FROM THE BOTTOM TO THE TOP AND BENEFITTED FROM THE TAX ACT. AND THAT BENEFITTED POSITIVELY FAMILIES ACROSS THE COUNTRY. FAMILIES FROM WHERE I COME FROM OHIO, MIDDLE CLASS FAMILIES. THAT GOES A LONG WAY. THEY SEE LESS TAXES OVERALL PAID. THE MAJORITY OF PEOPLE PAID LESS TAXES AND OF COURSE IN THE FIRST YEAR OF THE PRESIDENT’S ADMINISTRATION, 600,000 WOMEN WERE LIFTED OUT OF POVERTY. YOU SAW PEOPLE COME OFF FOOD STAMPS. IT’S A GREAT TIME TO BE IN AMERICA.>>AGAIN, STEVE, THE MESSAGING FROM REPUBLICANS ON THE TAX CUTS, I THINK, HAS BEEN TERRIBLE. THEY HAVE NOT FOCUSED ON THE FACTS, WHICH EVEN THE NEW YORK TIMES CAN’T AVOID.>>YEAH, THE REPUBLICANS ARE THEIR OWN WORST ENEMIES ON THAT. THAT’S WHY WE LOST SEATS IN NEW JERSEY, IN NEW YORK AND IN SOUTHERN CALIFORNIA, NOT TO MENTION THE ELECTION FRAUD ON THE SIDE.>>WHAT ELECTION FRAUD ARE YOU TALKING.>>ANOTHER TIME. AND THE TIME FOR CANVASSING FOR ABSENTEE BALLOTS. DAVID: LET’S NOT GET TOO IN THE WEEDS.>>BOTTOM LINE, YOU EARNED IT, YOU SHOULD KEEP IT. DAVID: SIMPLE.>>AND WHEN WE REDUCE THE BURDEN ON PEOPLE, YOU NOT ONLY KEEP MORE, BUT YOU EARN MORE. DAVID: ALL RIGHT. LET ME SWITCH GEARS A LITTLE BIT FOR YOU, JESSICA, ON THE RECESSION TALK BECAUSE THERE’S BEEN A LOT OF RECESSION TALK, NOT JUST BY DEMOCRATS, BUT IN THE MEDIA ITSELF, ALSO BY PEOPLE ON WALL STREET THAT ARE CONCERNED ABOUT. YOU SAW THE MARKET DROP YESTERDAY.>>RIGHT. DAVID: MOST OF THAT WAS CHINA CONCERNS, BUT A LOT OF IT WAS THIS UNDERLYING CONCERN ABOUT HOW THAT MIGHT AFFECT THE OVERALL ECONOMY. HOW IS THAT GOING TO BE PLAYED OUT ON THE CAMPAIGN TRAIL BY DEMOCRATS?>>I THINK IT’S GOING TO BE PLAYED OUT. NO ONE WANTS A RECESSION. THIS ISN’T A BUNCH OF CANDIDATES RUNNING AROUND TALKING– WHAT THE PRESIDENT DID YESTERDAY ON HIS TWITTER ACCOUNT, BASICALLY, MOVING US CLOSER AND CLOSER TO RECESSION VIA TWEET, FRANKLY UNDOING THE PROGRESS. DAVID: EVEN THOUGH SCHUMER SUPPORTS ON TAXES.>>HE SUPPORTS WITH CHINA, BUT DOESN’T SUPPORT A TRADE WAR AND THE TARIFFS. DAVID: BUT HE SUPPORTS ON CHINA, AND DOESN’T HE SUPPORT THE POLICY?>>NO, YOU CAN ACCOMPLISH WITH THE POLICY ROUTES. THINGS THAT DEMOCRATS WOULD DO TO CHALLENGE CHINA THAT WOULDN’T END UP WITH 25, 30, WHATEVER HIS LATEST TWEET SAYS TAXES, TARIFFS TAXES ON GOODS. DAVID: JESSICA MENTIONED BELL MAHER WHO SAYS HE WANTS A RECESSION TO GET RID OF TRUMP, THAT’S WHAT HIS GOAL IS. DO YOU THINK THAT THE MEDIA, AT LEAST PEOPLE LIKE MAHER AND OTHER DEMOCRATS ARE EVERPLAYING THEIR HAND IN TALKING ABOUT RECESSION, PARTICULARLY IF IT DOESN’T HAPPEN?>>YEAH, ABSOLUTELY. NO, I DON’T THINK THAT EVERYONE IS OUT THERE TALKING LIKE BILL MAHER, FOR PEOPLE WHO ARE, IT’S SICK TO WISH THAT ON THE PEOPLE OF THIS COUNTRY. IT’S SAD TO SEE THAT PEOPLE’S HATE FOR THIS PRESIDENT OVERCOMES COMMON SENSE. AS HE TRIED TO SQUEEZE IN IN THE LAST SEGMENT, AND OBAMA SAID TO YELLIN, WE WILL NOT HAVE RECESSION, THE ECONOMY IS TOO STRONG.>>DO YOU THINK THAT BILL MAHER WANT RECESSION–>>THE CBO CAME OUT SAYING THAT THE BAD NEWS THE DEFICIT IS GETTING MUCH WORSE. THE GOOD NEWS WE’LL GROW SLOWER THAN WHAT THE PRESIDENT FORECAST, BUT THROUGH THE NEXT COUPLE OF YEARS.>>IF YOU GOT RID OF THE TRADE UNCERTAINTIES WITH CHINA AND PENDING ONE WITH EUROPE, YOU’D NOT ONLY SEE THE MARKET GO UP 5,000 POINTS, BUT YOU’D SEE GROWTH ON THE RESUMED PATH. DAVID: JESSICA, HOW DO THE DEMOCRATS DEAL IN THE CAMPAIGN WITH THE JOB GROWTH WHICH IS EXTRAORDINARY. YOU HAVE MORE JOBS THAN PEOPLE LOOKING FOR JOBS. THAT’S THE FIRST TIME THAT’S HAPPENED IN MY LIFETIME AND IT’S A PRETTY IMPRESSIVE REGARD, IS IT NOT?>>IT IS IMPRESSIVE. LAST YEARS, WE’VE SEEN THE GROWTH AND AT THAT INCLUDES THE OBAMA YEARS. I THINK THAT YOU SHOULD ABSOLUTELY APPLAUD THE SUCCESSES AND THE STRENGTHS AND WEAKNESSES.>>WHICH IS WHERE?>>CERTAINLY IN TRADE POLICY WITH WHAT’S GOING ON. FROM OUR INITIAL DISCUSSION ABOUT THE TAX CUTS, IT WAS SAID THAT YOU WERE GOING TO GET AN EXTRA THOUSAND DOLLARS IN YOUR POCKET, BUT BETWEEN THE CBO REPORT AND THE MORGAN STANLEY REPORT ABOUT THE IMPACTS OF THE TRADE WAR ON AVERAGE AMERICANS, YOU’RE LOSING YOUR MONEY RIGHT AWAY. I DON’T BELIEVE THAT THEY’D TALK ABOUT TAX CUTS 2.0 IF IT HAD BEEN A STERLING SUCCESS. SOME OF THAT IS MESSAGING. I TOTALLY AGREE WITH YOU, REPUBLICANS HAVE DONE A BAD JOB WITH THAT, BUT SOME IS JUST THE REALITY OF WHO WAS GETTING ASTRONOMICALLY RICHER FROM THIS RATHER THAN A FEW HUNDRED DOLLARS BACK IN THEIR POCKET?>>THAT’S 65% OF TAXPAYERS PAID LESS. I DON’T THINK THAT MESSAGE REALLY GOT OUT. AND I DON’T THINK THAT THE GOOD TAX CUTTING BELIEVES EVER

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100 thoughts on “Larry Kudlow on health of US economy, possibility of new tax cuts”

  • jamie oxenreider says:

    Hmmm Jessica’s media/entertainer opinion or the billionaire president with the highest stock market in history and many many records🤔 wait this is a hard one. It’s important so I’m taking my time. 🥵 so hard……Trump by a lot.

  • THERE'S NEVER A TAX CUT WHEN REPUBLICANS IN CHARGE JUST TO A TAX HIKE GET OUT OF HERE WITH THAT B*******🐒🐒🐒💩💩🤡🤡🎃

  • Trump thinks about the national debt as he does his own
    personal debt. A 2016 Fortune magazine analysis revealed Trump's business is
    $1.11 billion in debt. That includes $846 million owed on five properties. This
    is not surprising considering that Trump famously bragged about being the
    "King of Debt" along with the fact that Trump has filed for
    bankruptcy 6 times, and has relied on Saudi Royals, and Russian Oligarchs to
    come to his rescue and bail him out numerous times over the years.

     

    That increase comes despite the economy doing well, so yes,
    it can be attributed directly to his tax cuts for the wealthy, which clearly
    aren't paying for themselves, as most professional economists warned. Trump's
    tax cuts was nothing more than corporate welfare, OR, a tax cut for the swamp.

     

    It's a similar story with the deficit. When Trump was
    elected in 2016, the size of the deficit measured as a portion of GDP was 3.2
    percent. By the end of 2018 this had increased to 3.9 percent. The deficit is
    expected to hit 4.2 percent in 2019. It is on course to reach a nominal value
    of $1 trillion by the end of the year.

     

    Trump promised these tax cuts would pay for themselves by
    spurring on economic activity, but revenues have since stalled. Federal
    spending by the Trump administration is around 6.6 percent higher than it was
    before. In 2017, the national debt grew by 4 percent, according to CBO data,
    which excludes intragovernmental holdings. By the following year, Trump's
    second in charge, this had accelerated to 7 percent.

     

    Trump has quickened the rate at which the debt is growing by
    widening the deficit to finance his $1.5 trillion package of sweeping tax cuts
    for himself, his wealthy friends, big banks, and corporations.

     

     

    The national debt has been rising at a faster rate following
    the passage of Trump’s $1.5 trillion tax-cut package after a little more than a
    year. The nation has added more than $1 trillion in debt in the last 11 months
    alone.

     

    The Treasury Department reported the debt hit $22.012
    trillion, a jump of more than $30 billion in just this month.

    The national debt surpassed $22 trillion for the first time
    last year, a milestone that experts warned is further proof the country is on
    an unsustainable financial path that could jeopardize the economic security of
    every American.

     

    “Not only will this tax plan pay for itself but it will pay
    down debt,” Treasury Sec Steven Mnuchin famously boasted (LIED) in September
    2017.

    The wheels have fallen off Republican claims (LIES) that
    Trump’s massive corporate tax cuts would pay for themselves by generating
    increased growth and government revenues over the next decade. Reminds me of
    Cheney's claim that the Iraq war would pay for itself. Republican voters fell
    for that one too.

  • How come we NEVER EVER hear exactly WHAT Demonic dems will do to XiChina? ?? LET'S HEAR IT 👂👂👂👂 WAITIN WE ALL WAITING SAY IT.. . NOTHING ABSOLUTELY NOTHING YOU GOT NOTHING DEMRATS

  • When asked to confirm if it 
    was Navarro and Ross who set up the meeting, Cohn said, “Yes. Those are
    the two people. When the process breaks down, then you’re, sort of, in my mind,
    living in chaos. I don’t want to live in a chaotic organization.”

    “What happened in the White House is we got to a point,
    unfortunately, where one or two people decided that they were going to no
    longer be part of a process and a debate,” he said.

     

    Among the other revelations from his time in the White
    House, Cohn said a tipping point for him leaving was a meeting Navarro and Ross
    secretly set up with heads of the steel and aluminum industry to notify them
    that the administration was planning to levy tariffs on imports of the metals.

     

    Cohn said he also had several high-profile disagreements
    with the administration, including one point where he nearly resigned following
    Trump’s comments on the deadly white supremacist rally in Charlottesville.

     

    “Tariffs don’t work. If anything, they hurt the economy
    because if you’re a typical American worker, you have a finite amount of income
    to spend. If you have to spend more on the necessity products that you need to
    live, you have less to spend on the services that you want to buy.”

     

    Cohn, who was Trump’s first director of the National
    Economic Council, specifically pointed his finger at Peter Navarro, who serves
    as director of the National Trade Council, and Commerce Secretary Wilbur Ross
    for drawing the country into a misdirected tariff battle.

     

    Gary Cohn lashed out at some of his former colleagues,
    charging in a radio interview that the U.S. is losing the trade war as
    administration officials pursue a strategy that hasn’t worked.

     

    I am in a constant state of shock and horror."

    The reason so few jobs have been filled is that they only
    accept people who pass ridiculous purity tests, even for midlevel policy-making
    jobs where the people will never see the light of day.

    I hate the work, but feel I need to stay because I’m the
    only person there with a clue what he’s doing.

    No one will survive the first year but his family.

    Trump is less a person than a collection of terrible traits.

    Bannon is an arrogant pr'ck who thinks he’s smarter than he
    is.

    Kushner is an entitled baby who knows nothing.

    And his staff is no better.

    He gets up halfway through meetings with world leaders
    because he is bored.

    Trump won’t read anything—not one-page memos, not the brief
    policy papers; nothing.

    An idi0t surrounded by clowns.

    "It’s worse than you can imagine.

     

    Gary Cohn's email describes what it was like to work in
    Trump's dumpster fire of a white house before he finally had enough, and
    resigned as Trump's chief economic advisor in 2018.

  • TRUMP 2020 KAGGGGG NO REASON PRESIDENT 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🗽🇺🇸🗽🇺🇸🗽🇺🇸🗽FIRST GOOD BYE CHINA 👋👋👋 BUY MADE IN U. S. A 🇺🇸 BUY Vietnam🇻🇳 Canada🍁 🇲🇽Mexico.🇯🇵Japan

  • Mecoracon Lola says:

    Democrats don’t want tax cut for Americans business small or big, yet they don’t want tariff on China!!!!
    Democrats are compromised by China!

  • If Democrats are so smart, why didn't the economy do better under Obama? Obama was content with 1% growth in the economy. Democrats don't care about the working people in the country; all they want is to push their looney Leftist agenda. Green New Deal? That's just Socialism dressed up in an ugly dress.

  • Jessica Tarlov: Am I delusional? Trumps tax cut has let me keep 80 dollars of my own money each month totaling to date about $1,000 every 12 months. His stopping of the fine for not having health insurance saved me significant money too. Trump has also put new hope and action for farming communities and rural life.

  • United Banks of America. Federal Reserve is not federal nor is it a Reserve. Took the gold and gave you worthless paper to play with.

  • Increase taxes to %95 on anyone with a net worth of 5 million dollars or more! Tax cuts on everybody else!😬😬😬😬😬

  • Vote Trump…..2020. All you have to do….. Biden gets in. The economy will go down. Taxes will go up. Be prepared to lose….. Houses. Vehicles. Leased equipment. Leased offices. All your business stuff. Be prepared to go back to 2010. Get as much paid for as you can now. If the loonies put the Socialists back in power. Hunker down in all round defense. Cash will be King. No debt to service. You revenue will be rock bottom. Again…..

  • Larry Kudlow, wrong about everything as usual, and also trying to play catch-up and patch-up dRUMPf's self-contradicting know-nothing 'policies'… as if random bullsh!t could ever be described as a 'policy.' Want proof? Google: "Larry Kudlow wrong about everything." And while you're there, Google: "Bill Kristol wrong about everything." If you want a trifecta, do the same for Steve Forbes. You'll be reading the answers for weeks, if not months. And yet, dRUMPf hires "nothing but the best, after 'extreme vetting' like you've never seen before in the history of the world."

  • Here we go again! Obama and Biden are causing another recession!! so tired of this!
    Down with the left. Trump understands the Middle Class because he is the Middle Class. MAGA2020!!!

  • Acts16:30&31 Believe says:

    People complain about China products, they are mad cause they took their jobs, they are made cause our money is building their military … so Trump lowers the hammer and the same people are screaming …. the Dems are all about stupid along with the rineos. TRUMP 2020!!! People don't give up the fight, before the election all hell will break loose… Pray, to save our country.

  • Steve, The Dems only won those House seats bc of the 2 1/2 yr Russian hoax. Mueller held back his exonerating report until after the election. Remember?

  • Why does Amazon pay no taxes? Not right at all. Rich get most tax cuts,they don't need tax cuts! They should pay 30% no excuses! That would keep Dems quite for a while!

  • Call me legend Aw'ight says:

    And corporate tax cuts do benefit the poor people. Corporate tax cuts allow growth of companies resulting in the need for more employees. Demand for labor raises wages as has happened since the tax cuts. Poor people generally don't receive income tax cuts since they usually don't pay income taxes.

  • Монте Карло says:

    I used to get some type of a money back when I used to file my taxes last year I didn’t get nothing nothing zero back but I still like trump

  • Candace Mclane says:

    Why is that Jessica Whats-her-face doing there…we want real news, NOT… HER OPINION, Twisting of facts, and Straight out LIes! For example…for ten years we've been on an uphill trajectory, which started under Obummer. WHAT?? That is a bald-faced LIE!!! Then she says….cutting off the other speaker…WHAT VOTING DISCREPANCIES ARE YOU TALKING ABOUT? (not verbatim…but those with an intelligent mind, who just watched the segment will understand) . It just irritates me having to listen to her shrill voice and her excitable jumping in to deny, twist, and lie.

  • Yeah, like the policies the democrats had in play for the eight years before Trump. They made all kinds of progress, didn't they?

  • Jessica is so dumb she doesn't understand WHY there is a trade-war. She's only talking about the effects it COULD bring, not the effects it WILL bring by ignoring the issue that even started the trade-war!

  • Good they just give are tax money to other countries any how and politicalkick backs and to outer space and building bunkers for themselves weapons for war etc. Taxes with no representation. Crawdads on treadmill dam joke thats not funny

  • Back when they did the tax cuts originally they talked about 2.0 making middle class tax cuts permanent I think we all remember that it's nothing new

  • Just in. Trump and fox lied about the GDP, JOBS, AND MANUFACTURING. OVER THE LAST TWO YEARS TRUMP AND FOX HAVE BEEN "COOKING THE BOOKS" ON UNEMPLOYMENT FIGURES, JOB GAINS AND JOB PRODUCTION AND MOST LIKELY EVERYTHING ELSE. ECONOMY IS A LIE. FOX DOESN'T COVER THAT. TRUMP LIED ALL ALONG.

  • They keep using this word recession, they don't understand that by continually saying that word it creates a lack in market confidence.

  • Polina Bondarchuk says:

    Thank you President Trump again and again for helping the middle class families like ours! God bless you!! MAGA 2020

  • WinsomeWinslet says:

    Jessica Tarlow represents the public school system in this country and most of the teachers too. It's time to teach your own kids people!!!

  • Markets run on confidence. When Trump was elected, confidence was high. Now, people (marxists) blab about a recession incessantly we will end up in one because the markets believe one will happen.

  • The economy is strong but we are putting together tax cuts. The trade war is not harming Americans but we are giving American farmers billions of dollars to mitigate the harm they are experiencing because of the trade war. This is insanity. Only the poorly educated believe any of this foolishness. djt and everyone in his orbit are con artists that have one strategy to stay in power…gaslighting.

  • The only RECESSION is the space between democrats ears. Got to laugh at the 4:00AM TALKING POINTS WITH ALL OF THEM SAYING THE SAME THING ALMOST IN UNISON! Pot laced with opiates and other killer drugs on the records across the country for all to see with records to support validity. sm

  • Do people relize that copanies are made up of shareholders of mums and dads,so when the company makes a record profit that is past on to the mums and dads,who add this to there income and pay taxes on that amount so the gov get their fair share of taxes either way,so whats the problem??

  • Yes we do want to pay less taxes we want more. Check it'll help us out it will stimulate the country this is United States citizen talk and for all of them I got over 10 million followers that agree with what I'm saying so what does that tell you let's move forward and let's make it fast beat let's start healing American people now so that we can start moving forward and make this Combee blow like it's never blown before what I mean by that is to make it go off the Richter scale like you've never seen it

  • What exactly would Democrats do to fight the Chinese that they have refused to do over the last 40 years? Nothing, they would do nothing. The dems were sending all of our manufacturing to China. How do I know? I'm in manufacturing.

  • "You can accomplish a goal with a different policy idea" If that were true, then maybe that lady should come up with a better plan…. Since shes an expert in international trade discussions……….. All these people just talk smack.. its easy to shoot down something if your not responsible for anything.

  • Gee…Trump is MORE of a "socialist" than ALL of the Democrats. He has done MORE for the "little guy" than any of them ever even considered. Certainly MORE than their Rich .1% financier's ever even considered. WHAT – A – GUY!

  • Well ….tax reductions are GREAT. Who DOESN'T want tax reductions (except Democratic politicians, of course)? BUT…We DO have huge expenses….for the military…for our infrastructure…for social programs like Social Security and Medicare….ALL of which we will have to continue funding. We ALSO have a huge debt…that eventually has to be paid down. IF further tax reductions actually spur more business…and more importantly…spurs more business that produce more tax revenue (even if those taxes are paid at a lower rate)….GREAT! BUT….If the revenue does NOT increase we will HAVE to rethink or tax policies.

  • The Big Lady is the BOSS! says:

    Bill Maher and people like him don't care because they will still be able to support their families and will still have a place to live and work. People like Bill Maher will always make sure they are protected and let the "little guy" suffer the consequences.

  • Joseph Gallardo says:

    Fire this idiot ! Devalue the Dollar so we can bring jobs back and people can invest in themselves and start their own business tax cuts u have to payback like payroll Devalue the Dollar and Make Chinese and the world Hallor

  • I can say this past year I got a huge tax break. I’m a divorced dad with two boys who I take a lot having 50/50 custody but still pay child support. Thank you Trump for looking out for the middle working class. 👍🏻👍🏻. President is killing it for real working Americans. Unlike the Dems who claim to be for us but seem awfully buddy buddy with all the big corporations. I mean almost every multi billionaire tech / social media company is on the left side. And so are all the higher ups in Hollywood. So why would corporations and rich people be for the democrats ? It’s not hard to figure out. They also despise trump cause under him the sexual predators / pedophiles / satanists actually stand a chance to be arrested. The deep state was entangled with Hollywood elites. Pedophilia has run rampant through the left and Hollywood and trumps no politician and he’s never really been part of the “in crowd. “. Yea he’s got their kind of money but if you actually look into his history no one in NY wanted to associate with him as a serious reality mogul. So maybe some of it is getting back at them or he’s doing it for all us patriots but if he gets 4 more years. Ginsberg is replaced and we get the house back we’re gonna see the left crumble. Clinton’s. Podesta. Dirshowitz Obama and so on are all going to be exposed. They all lied to America , murdered innocent people , trafficked children , molested children or took part in getting the children , and are all satanic in nature What hillary did to Haiti is awful and she needs to answer for her crimes. Especially for Haiti. Benghazi and Trump is the only president that will take them on. No one else will.

  • STEPHEN CHRISTIAN says:

    EXACTLY THE TAX CUTS WERE ONLY AN OPENING SALVO SF DOES IT AGAIN ALWAYS NAILS IT CONCISELY, & WE ALL CAN SEE HOW EVIL THE PRESS HAVE BECOME,THEY R NOW PUSHING RECESSION? INSANE!

  • Should I believe Jesica who cites the obvious, that tariffs are shitty for America, or the nut job that laughed off the 2008 recession?

  • Why are weak sissy liberals afraid to post their name in chat? I have no fear lunatics. My family is military, police. Would u like to know my height , weight, shoe size,number of girlfriends? No fear with me ,America haters. Gutless liberals, generic men/ women.

  • Motorcitymadman says:

    How about NO taxes. How about NO PROPERTY taxes. It would be nice to actually own property and a home some time in your life.

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