Tuesday, December 17, 2019

Tax Cuts Yield More Revenue?

It happens over and over. The CBO scored tbe Trump tax cut as costing something like $3.2 trillion dollars over the next ten years but the reality is revenue is up and growing.

FY 2019 - $3.44 trillion (projected)
FY 2018 - $3.33 trillion
FY 2017 - $3.32 trillion
FY 2016 - $3.27 trillion

Hey it would seem that the Dems and the CBO got the tax cut wrong... Revenue didn't decrease.

PS The CBO isn't biased but over and over they get it wrong and to me it seems their math always breaks one way. Lastly... What is up with our young people? Don't they know that communism and socialism kills millions and doesn't work?