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Topic	How exactly is cutting taxes for the rich supposed to help our country?
Questionmarktarius 12/14/17 11:04:59 PM #34:	Antifar posted... FLUFFYGERM posted... cutting taxes does not necessarily mean tax revenue will decrease All estimates of these tax cuts, however, do predict reduced revenue. It's the Kansas effect. Cutting taxes without also cutting spending causes a huge deficit catastrophe in the short term, and thus usually ends up abandoned before the growth is allowed to snowball. If, this tax bill also includes the repatriation break, maybe that won't happen. <cite>Questionmarktarius posted [p:892242711] in How exactl... [t:76098657]...</cite> <quote><cite>Antifar posted...</cite> <quote><cite>FLUFFYGERM posted...</cite> <quote>cutting taxes does not necessarily mean tax revenue will decrease </quote> All estimates of these tax cuts, however, do predict reduced revenue.</quote> It's the Kansas effect. Cutting taxes without also cutting spending causes a huge deficit catastrophe in the short term, and thus usually ends up abandoned before the growth is allowed to snowball. If, this tax bill also includes the repatriation break, maybe that won't happen.</quote> ... Copied to Clipboard!
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