Msg. 10686 of 10703 (This msg. is a reply to
10671 by
De_Composed)
Jump:
Decomposed > While I believe such an occurrence is inevitable, I'd like it to be as far in the future as possible. The BBB is going to hasten its arrival.
Maybe . . . Maybe not.
If Trumps tariffs work as he thinks they ought it could lead to more manufacturing jobs in America. (With increased tax revenues.)
And, correct me if I'm wrong . . . But haven't actual tax cuts lead to a stimulation of the economy and increases in tax revenues?
(The article below is talking about Trumps first tax cuts.)
>>>
In Actual Dollars, Tax Cuts Boost Revenue Time After Time
One problem: Federal revenue didn’t fall after the big Trump administration tax cuts, much less by $2 trillion. Instead, total revenue rose. In fact, after trimming the rates for five of the seven brackets and nearly doubling the standard deduction, the government collected nearly $100 billion more in personal income tax revenue for the year ended Sept. 30, 2018. That was the biggest jump in three years.
>>>
(I would suggest reading the entire article.)
Personally I do not like the 'Big Beautiful Bill' because IT IS a 'Monster Bill' And those abortions need to be outlawed.
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