re: Tax Plan (Trump & House GOP) Updated in September - Few Notice

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Corporate tax revenue runs just north of $400B/yr. Unless the $2.4T is extrapolated over 20yrs, that number makes no sense ... even as hyperbole.

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This is an aggregated figure for decreased tax revenue over the next 10 years for the entire proposed Trump plan, not just corporate taxes. This figure is taken from Tax Institute, and other sources I consider dubious. This is not my thinking. Ironically these are the same sources others on herre like to cite. You just made it clear that sometimes the smartest guys in the room are just cutting and pasting.

The second figure I cited was a combination from business publications, some former government officials, other tax experts that have a better history than the commonly cited sources. It more fairly factors in increased economic growth, and the resulting increased tax revenue. Some folks at the University of Chicago, etc.

I also didn't make clear from my post that this is based on Trump's plan as we know it, this is not a hybrid of a Trump/House plan. That hybrid would obviously not have as dramatic an impact on either decreased tax revenue and/or increased economic activity.