Monday, September 18, 2017 2:45:02 PM
We know that if taxes are cut then at least in the short term that will hurt revenues coming into the government, but the government is not going to cut spending, they're jacking up their spending. IMO that could be the impending train wreck. Less tax revenue and higher spending doesn't bode very well IMO. What will they do then? You could cut taxes like Reagan did back in the 80's because the debt wasn't so horrendous, not I'm not so sure that will work.
http://www.businessinsider.com/trump-tax-plan-still-wants-15-corporate-rate-republicans-doubt-it-2017-9
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