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To: DoughtyOne

And like I stated, here you go...

https://www.cnsnews.com/news/article/terence-p-jeffrey/corporate-income-tax-payments-were-down-507-january

You can tell as much by what an article leaves out, as what it tells you... corporate tax revenues are down over 20% in 2019....

Blaming the tax cuts (at least partially) for the deficit increase is not unjustified or fake news.


19 posted on 06/14/2019 11:50:01 AM PDT by HamiltonJay
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To: HamiltonJay
Okay, corporate tax rates are down 20% according to numbers you were able to find.

Check this out.

Seems to me the corporate shortfall would affect less than 2% of the federal budget. Individual and Payroll taxes would more than make up for that based on their combined 83% of total Federal Budget revenues, and the fact they have increased.

It would still seem to me that spending is the problem, and the tax cut isn't.

21 posted on 06/14/2019 12:06:24 PM PDT by DoughtyOne (This space for rent...)
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