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re: Income tax revenues UP 9%.....lol melt anti tax cut freaks
Posted on 9/17/18 at 9:43 am to 90proofprofessional
Posted on 9/17/18 at 9:43 am to 90proofprofessional
quote:
just realized op's article is over 2 months old
with 2 more months at the new rates, it's already down to +7% y/y, before inflation and with several months at the old rate/base
If it ends up being 0%, you would agree that the cut was good, right?
Posted on 9/17/18 at 9:47 am to moneyg
quote:
If it ends up being 0%
pre-inflation? and with spending accelerating?
no, blowing up deficits on the upside of the business cycle is not good
Posted on 9/17/18 at 10:36 am to moneyg
Tax cut is good regardless of the effect on revenue collections. What is bad is that nothing is being done to address run away spending.
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