Forkyfinder
Well-known member
- Joined
- Dec 13, 2023
- Messages
- 5,065
First - look into the "laffer curve"You don't realize the complete error in that statement? Is Grover Norquist your daddy?
Before the 2018 cuts the non partisan CBO projected they would add 1.9 TRILLION dollars to the national debt in ten years. Recent work by them has said extending those cuts (Trump actually wants to increase them) will add an additional 4.2 TRILLION dollars to the national debt.
Multiple sources assign a higher amount of growth of debt to those tax cuts than government spending, in fact.
Even if you believe the overly inflated estimates of Doge cuts, the administrations claim of 170 BILLION--that of course can't all be verified--it is a tiny fraction of the increase in debt coming from tax cuts.
Then - point me to an american tax break that made the gov take less revenue.
If your logic rings true - should be easy to point to the late Obama years and compare to early trump term 1.
