Thread: Amazing reaction to tax announcement
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Mr. Luddite Mr. Luddite is offline
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Default Amazing reaction to tax announcement
On 4/26/2017 8:26 PM, wrote:
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.


Clinton's "surplus" was the excess Social Security revenues that were
turned over to the general fund.


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