Trump's lower tax rate generated more revenue

 Jack Hellner:

The federal government collected a record $4,045,979,000,000 in taxes in fiscal 2021.  In FY2017, the federal government collected $3.3 trillion.  This means that, after Trump and the Republicans passed the tax rate cuts that went into effect in 2018, revenues went up over $700 billion per year after three years.

So why do most journalists and other Democrats keep claiming that Trump's tax cuts cost the government trillions of dollars?  They intentionally mislead the public because that is clearly false.  Why do they continue to use the CBO's predictions instead of actual numbers?  The tax cuts cost the government less than zero, unlike those massive spending programs that Biden and most of the media and other Democrats are proposing.

Why would anyone with common sense propose raising tax rates, which would slow economic growth, when the lower rates raised much more money?

No reasonable person would propose taxing unrealized capital gains, which are not income by any definition.  Lawyers, appraisers, accountants, and consultants would have a field day challenging the IRS on valuations.

...

This happens every time tax cuts are tried.  What it demonstrates is government that taxes ore gets less productivity because money is diverted from business expansion to contraction caused by higher taxes. 

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