Current GOP Tax Plan

[Benton]

(11-21-2017, 06:36 PM)Belsnickel Wrote: So, every analysis of the House bill puts an increase to the deficit/debt of over $1 trillion in ten years. Even the more conservative analysis by a think tank that has been in favor of it puts it at that. Not cool.

(11-21-2017, 09:37 PM)michaelsean Wrote: So one trillion in addition to what it would already be?

If I'm not mistaken (and Matt usually lets me know because I'm mistaken a lot), a big chunk of this that is being brushed off by the Trump administration is because the administration is expecting some unrealistic growth out of the budget. Basically, everyone at the bottom will get taxed more, but that will somehow spur them to spend more on new shoes and cars.