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re: Deficits are up. How is this conservatism?

Posted on 3/6/19 at 6:28 pm to
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 3/6/19 at 6:28 pm to
quote:

clearly tax cuts and revenues aren’t 1:1

and clearly the tax cuts have caused a net reduction in tax revenue
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69390 posts
Posted on 3/6/19 at 6:30 pm to
But it is not at all the clear cause in why our deficits have increased

It explains about 20% of the deficit increase

To sit here and blame the TCJA as the primary driver in the deficit increase is preposterous
Posted by Taxing Authority
Houston
Member since Feb 2010
57407 posts
Posted on 3/6/19 at 6:54 pm to
quote:

and clearly the tax cuts have caused a net reduction in tax revenue
Ooooh looky here. A single variable model for the entire economy. and you’re complaining about inflation being left out?
This post was edited on 3/6/19 at 6:56 pm
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