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Politics : The Trump Presidency
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To: combjelly who wrote (68355)4/25/2018 1:56:14 PM
From: TimF  Read Replies (1) of 358692
 
Tax rates are unjustly high, but spending is going to be paid for one way or another (if you borrow it, it just gets paid later) so the real key is spending, if its uncontrolled tax rates are going to go up. If its controlled and you don't cut tax rates then you will have a surplus and sooner or later there will be support for a tax cut. So I would get behind rolling the cut back, as long as it combined with entitlement reform (which is a much larger fiscal issue anyway).

So yeah, in many respects the whole $11.7 trillion is a result of the tax cut.

No not at all. Don't have the tax cut and even with a static projection the reduction of the extra debt is less than 1/6th of that figure.
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