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To: youngidiot

Not enough to compensate for the spending and lost revenue. The only time tax cuts actually did that was in the 1960’s, and then only for a while. The national debt exploded under Reagan and Bush 41 got left holding the bag. Coolidge is the best President to look to for how to do these things. You cut taxes AND cut spending.


17 posted on 03/16/2018 12:51:00 PM PDT by NRx (A man of integrity passes his father's civilization to his son, without selling it off to strangers.)
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To: NRx

You are off topic on tax cuts and you are also incorrect.

Cutting taxes has always increased revenue. Spending is a separate and distinct issue.

Spending is the problem, alone, not cutting taxes.


21 posted on 03/16/2018 1:00:51 PM PDT by rbmillerjr (Reagan conservative: All 3 Pillars)
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To: NRx

The tax cuts pay for themselves if gdp = 2.4%. A gdp higher will bring in more revenue than if the tax cuts didn’t happen. Mulvany had the dynamic analysis done, and that is what he said. I believe him. See Laffer curve.

Regan cut taxes and total revenue almost doubled. But Tip Oneal lied and increased spending.

Demand side economics is discredited. Paul Krugman and followers are flat out wrong.


38 posted on 03/16/2018 2:36:33 PM PDT by Basket_of_Deplorables (Trump has implemented Supply Side Economics!!!)
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To: NRx

There is no lost revenue.


43 posted on 03/16/2018 3:09:00 PM PDT by youngidiot (God will bless you for doing what you ought to be doing any damned way. He's amazing.)
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