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Comment by bhupy

> This is why tax cuts under Bush and Trump blew up the federal budget - tax rates were already pretty low, so quite deep cuts to revenue were required to deliver any notable benefit to high-rate taxpayers

I just want to point out that after the Trump tax cuts went into effect, revenue increased[1].

[1] https://www.thebalance.com/current-u-s-federal-government-ta...

parent bhupy 6 years ago

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