View Single Post
Old 12-20-2017, 7:36pm   #22
VITE1
Barn Stall Owner #69
Bantayan Kids '14,'15,'17
GTMS 18
Points: 46,515, Level: 100
Activity: 20.6%
 
VITE1's Avatar
 
Join Date: Jan 2011
Location: Port Saint Lucie FL
Posts: 32,545
Thanks: 16,386
Thanked 8,763 Times in 4,518 Posts
Gameroom Barn Bucks: $1083962
Default

What people fail to understand its not tax RATES that are important. It's tax revenue. And over the whole history of the federal tax plan no matter what the rate we only collect 18 to 20% of GDP.

So the real issue is will GDP grow along with revenue? And if it does will the politicans restrain themselves THIS time and not increase spending as they have done each and every time we've had tax rate reductions and revenue increases.


Demand they cut spending.
VITE1 is offline   Reply With Quote
The Following 4 Users Say Thank You to VITE1 For This Useful Post: