Federal Revenue DROPPED

[Lesh]

www.marketwatch.com/story/us-government-revenue-drops-after-tax-cuts-2018-07-12

I told you folks that tax cuts don't pay for themselves.

Usually Republican tax cuts can be hidden in revenue increases that rising GDP is responsible for but not this time.

This time it was such a large drop in revenue that increased GDP can't even BEGIN to hide it.

We added 1.9 trillion to the debt in order to LOSE revenue

 

[Meister]

The story is nearly a year old, Lesh.

 

[Meister]

Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily
read it and weep

 

[Admiral Rockwell Tory]

Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily
read it and weep

I hate it when that happens!

 

[BlackFlag]

Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily
read it and weep

The greatest, yuuugest, economy ever. America never made a single dollar before Trump. Following Trump tax cut, federal budget deficit up 77 percent so far this budget year

 

[Claudette]

Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily
read it and weep

Yup. That's what I read. Money poured into the Federal coffers since the tax cuts.

Of course none of the lefty loons are able to figure that out.

Sucks to be them.

 

[expat_panama]

Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily
read it and weep

Instead of reading about what pundits say what the treasury dept. says, I prefer just going w/ the Tres. numbers themselves--

--and then we can either say the cuts were followed by a record high or we can say revenue's never fallen to pre cut levels.