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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Ron who wrote (955177)8/9/2016 1:48:56 PM
From: PKRBKR1 Recommendation

Recommended By
TideGlider

  Read Replies (1) | Respond to of 1575193
 
Whoop dee do. From Wikipedia.

The study makes note that these government revenue estimates do not take into account the effect of the bills on GDP, and therefore, are not inclusive of resulting increases in revenue that could occur from an increase in GDP



To: Ron who wrote (955177)8/9/2016 2:28:12 PM
From: Tenchusatsu2 Recommendations

Recommended By
PKRBKR
TideGlider

  Read Replies (1) | Respond to of 1575193
 
Ron, from Wikipedia:
However, this "increase" was achieved primarily through the cancellation of future tax cuts scheduled by ERTA the year before that had yet to take effect at the time of TEFRA's passage. Taxpayers still receive $375 billion in tax cuts in the 3 years following TEFRA.
To call this "the largest tax increase in American history" is to misrepresent reality.

Tenchusatsu