Talk of The Villages Florida - View Single Post - Tax Cut Has Arrived
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Old 02-03-2018, 08:29 AM
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Quote:
Originally Posted by 8notes View Post
Sound economic principles are based are arithmetic, not feel good platitudes. Most economists are saying the dollars and cents do not add up - for every dollar in cuts, economy activity would have to produce $5 to pay for itself, and that is highly unlikely to occur. The Committee for a Responsible Federal Budget supports tax reform but has observed that tax cuts in 1981 and the early 2000s increased deficits. History does not support this latest attempt.
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