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re: Tax revenues hit all time high for FY 2014
Posted on 8/15/14 at 2:03 pm to Powerman
Posted on 8/15/14 at 2:03 pm to Powerman
quote:
Because that money is needed to mitigate the growth of the national debt.
at the expense of overall economic growth (thus low GDP growth numbers)
its actually EXACTLY what the "narrative" of this board was:
short term gains in tax revenue in exchange for lower economic growth. in the long term, that usually results in lower tax revenues (maybe not in real dollars, but certainly in terms of opportunity cost)
but go on believing you are the only one here with any economic knowledge. its cute.
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