" Our analysis[2] finds that the Senate plan would reduce marginal tax rates on labor and investment. As a result, we estimate that the plan would increase long-run GDP by 3.7 percent. The larger economy would translate into 2.9 percent higher wages and result in an additional 925,000 full-time equivalent jobs. Due to the larger economy and the broader tax base, the plan would generate $1.26 trillion in additional revenue over the next decade on a dynamic basis."
To: Jim Robinson
Thanks for posting, Jim.
Some conservatives seem to have forgotten what wealth creation is. I’m beginning to think there aren’t too many Reagan/Kemp economic growth conservatives left.
This is it. While the media lazily report on relatively meaningless stories, this is what the GOP, conservatives and bloggers need to get out to the public.
2 posted on
11/26/2017 10:48:42 PM PST by
rbmillerjr
(Reagan conservative: All 3 Pillars)
To: Jim Robinson
would spur an additional $1.26 trillion in federal revenues from economic growth.And there is EXACTLY what is wrong with this "reform." The tax plan should starve the damn beast. Reduce taxes by sending far, far less tribute to Fedzilla. If that had read "would reduce federal revenues by $1.26 trillion" I would have been very happy. This REALLY hacks me off.
To: Jim Robinson
The Senate Budget committee just voted the tax bill out of committee.
16 posted on
11/28/2017 12:05:02 PM PST by
House Atreides
(BOYCOTT the NFL, its products and players 100% - PERMANENTLY)
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