Posts: 98732
From: From a galaxy, far, far away...
Registered: Apr 2009

posted July 18, 2018 09:58 AM            

---

A new tax cuts bill is expected to be signed in September. It lowers the corporate rate again and makes the personal tax cuts permanent.

IP: Logged

Posts: 5588
From: Lyra
Registered: Apr 2009

posted July 19, 2018 10:52 AM            

---

Has deficit and National Debt reduced after the first round of tax cuts? Any data on that?
When the economy booms, taxes should be increased to mop up more revenue and erase deficit. Then, at the slightest hint of slow down, tax cuts should be unleashed. The current "Reverse" Formula will lead to burgeoning debt and deficit. And zero revenues in case of a slow down.

IP: Logged

Posts: 11681
From: Madeira Beach, FL USA
Registered: Apr 2009

posted July 19, 2018 11:32 AM            

---

Tax Revenues Jump 13% To Record High In April — When Will Dems Admit They Were Wrong About Trump's Tax Cuts?

Economy: The federal government collected far more taxes this April than it did a year ago, despite the "budget busting" Trump tax cuts. So, we'll ask again: Are the tax cuts paying for themselves?
http://www.investors.com/politics/editorials/trump-tax-cuts-revenues-record-high-april-paying-for-themselves/

IP: Logged

Posts: 98732
From: From a galaxy, far, far away...
Registered: Apr 2009

posted July 28, 2018 09:51 AM            

---

The second round will boost the economy even more.

IP: Logged