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BLRW November 13th, 2017 3:56am

Do you think that enough revenue will be created in economic growth to combat the increase in deficit that will come from the proposed 1.5 trillion dollar tax cut.

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Robert97206 Portland Oregon
11/13/17 2:15 pm

No, if minimum wage is expected to increase.

Squidboy Snarkapottamus
11/13/17 10:13 am

Nope....but by the time we realize it....the richest 400 people in the US will have 80% of the wealth and full ownership of government. In other words....it will be too late to do anything about it. Enjoy dying broke & poor.
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theNobamist Silicon Valley
11/13/17 2:15 am

Yes. The taxes raised by onshoring the 6+trillion at the new low rate (~20) will pay it.

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abusara i drink and i know things
11/13/17 4:30 am

People said the same thing about the Bush tax cuts. Yet 10+ years later, we still have deficits and a growing debt.

$5 says 10 years from now the debt will be larger than it is today (in relative and absolute terms) despite any tax cut now.

fmm Philadelphia suburb
11/13/17 6:05 am

20% isn’t going to lead to the repatriation of that much of offshore corp funds. the difference, 15% in many cases, while better than 30%, is still too high - especially considering that the $ can be invested overseas in markets where growth rates are higher with no additional tax overhead.

smart1
11/12/17 10:05 pm

Econ 101. Duh. No!

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tech24073
11/12/17 9:56 pm

It has not worked before, why would it now?

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abusara i drink and i know things
11/13/17 4:30 am

Hope springs eternal?