Talk of The Villages Florida - View Single Post - Tax Cut Has Arrived
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Old 02-02-2018, 09:57 PM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by pauld315 View Post
Wrong, more people hired because of lower corporate rate, higher wages due to competition for help, more jobs because companies are repatriating their money from overseas all translate into more tax revenue for the government, not less.
I agree that the tax cuts may generate more tax revenue, but that will have no affect on the national debt. Congress will just spend more money. The country needs to reduce spending, but I don't think it will ever happen.