I just finished reading Trump's tax reform bill and calculated my tax refund check for next year when the tax reform bill takes effect, my refund check will be DOUBLE this years refund on about the same income hell yeah! Good job president Trump!!
How much bigger will the debt be?
The deficit will go down under Trump's tax reform bill as tax revenues rise in a growing economy just relax.
No, it will not. Even under the White House's expected growth the tax bill adds 1.5 trillion do the deficit. that is a fact, and that is the best case scenario.
Thats over a 10 year period Obama's first budget added almost as much.
And it is just one bill, it is not all that is going to be added. That is the fact many seem to be missing.
Considering the last 3 Repub presidents added more than 320% to the deficits does not fill me with confidence that anything is going to change now. You Repubs like to attack Obama for adding so much debt, and rightly so, but you ignore your own history of adding even more.
There should never be a tax cut till there is spending cuts first.