Part of the reason could be one source is calculating revenue in 2017 dollars and another in 2018 dollars. Regardless, rise in revenue is not keeping up with the increase in spending. Not by a long shot.
I would say revenues were flat. Which may be the sweet spot on the Laffer curve.
Which would mean that additional tax cuts would result in reduced revenue?
52 posted on 02/17/2019 10:28:54 AM PST by DoodleDawg