Electric Orange
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- Apr 28, 2010
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Despite what you want to believe, trickle-down economics typically don't work. A better approach would be a "trickle-up economy" that provides tax cuts to the lower and middle classes.Since no one else will read the garbage you link (including you), I'll post the relevant snippet from the Brookings Institute article.
While some TCJA supporters observe that nominal revenues were higher in fiscal year 2018 (which began Oct. 1, 2017) than in FY2017, that comparison does not address the question of the TCJAโs effects.
The most appropriate test of the revenue impact of the TCJA is to compare actual revenues in FY2018 with predicted revenues in FY2018 assuming Congress had not passed the legislation.
(Bold by me)
Summary: Revenues were higher but not as high as projections.
Philosophically, the proper question is (or should be), is the only goal for tax code manipulation to raise as much revenue as possible?
More "blah, blah, blah...commie this, socialist that" bs.We know the answer, more free stuff. You lazy democrats love free stuff. Free food, free housing, free healthcare, free college
Please point out any part of my post which articulated my belief or beliefs. And since you're going to do that (because posting accurately is important to you), please also note where I mentioned trickle up economics; or any economic theory.Despite what you want to believe, trickle-down economics typically don't work. A better approach would be a "trickle-up economy" that provides tax cuts to the lower and middle classes.
Good grief. You writing legal briefs nowadays?? Get over yourself.Please point out any part of my post which articulated my belief or beliefs. And since you're going to do that (because posting accurately is important to you), please also note where I mentioned trickle up economics; or any economic theory.
If you are unable to find either in my post, may I tactfully recommend you return to your depth. Swim with the forum's teenage girls discussing the drama of someone's skin color, or age, or who they are, or have, slept with.
If you are big enough to admit an error on your part and desire earnest conversation with some bad puns mixed in, I am your huckleberry.