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[email protected] gfretwell@aol.com is offline
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First recorded activity by BoatBanter: Jul 2007
Posts: 36,387
Default Amazing reaction to tax announcement

On Wed, 26 Apr 2017 16:12:20 -0400, "Mr. Luddite"
wrote:

His Treasury guy (forget his name) claims the new tax rates will produce
something like 5 Trillion in revenues over 5 years. It's a start.


$5T more? What growth rate does that depend on?

It is like Clinton's "surplus" based on the internet boom going on
forever and it crashed in 2000? We never even had a real surplus for a
quarter. The deficit never actually went away and the debt continued
to grow.