Tax Cuts and Jobs Act

[VanPastorMan]

That’s @T.M.P. stomping grounds. Invite him to church, lord knows he needs it.

I would do that but I worry he might find where I live and kill all of us in our sleep.

 

[snarlcakes]

Most of it is set to expire. Will Pubs extend it?

I say no…we can’t afford it

I didn’t know where to put this, but thought you would like to read it.

 

[Spartans9312]

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I didn’t know where to put this, but thought you would like to read it.

Did you watch the Cato videos I linked in the moderate thread? That will be a major fight on the Republican side.

I think Cato did a piss poor job making their point….or there is nothing to defend

 

[NPT]

Tax cuts every time they are done bring more money into the treasury.

Not sure about that but if you notice in the following article revenue increased more from 2016 to 2023 than it did from 2008-2015. I don't pretend to understand all of what goes into getting to the revenue numbers.

U.S. Federal Government Tax Revenue

The federal government generates tax revenue through sources like income and corporate taxes. Learn how much tax revenue the U.S. generates each year.

www.thebalancemoney.com

 

[VanPastorMan]

Not sure about that but if you notice in the following article revenue increased more from 2016 to 2023 than it did from 2008-2015. I don't pretend to understand all of what goes into getting to the revenue numbers.

U.S. Federal Government Tax Revenue

The federal government generates tax revenue through sources like income and corporate taxes. Learn how much tax revenue the U.S. generates each year.

www.thebalancemoney.com

I don't understand how they get their numbers either. I suspect they could manipulate them if they wanted to by not counting certain monies as revenue etc. Thanks for the article. It does point out that tax cuts work to create revenue no matter how you calculate it.