[Go Gordon]

“We are running huge deficits.” And setting new records in tax revenues. Seems to be a spending problem.

I thought that too, so I decided to look it up a couple weeks ago. The Trump tax cuts were passed December 22, 2017. The first year implemented was 2018. Here are the federal income tax revenues:

2017 $3.32 Trillion
2018 $3.33 Trillion
2019 $3.46 Trillion
2020 $3.71 Trillion (estimated)

I agree we do have a spending problem, but the income tax breaks did not produce as advertised.

[CodeToad]

“2017 $3.32 Trillion
2018 $3.33 Trillion
2019 $3.46 Trillion
2020 $3.71 Trillion (estimated)
the income tax breaks did not produce as advertised.
“

Um, those numbers have been going up. How did the tax break not produce more revenue?