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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (65211)	4/7/2018 12:01:17 PM
From: combjelly	Read Replies (1) \| Respond to of 361693

Just look at the deficit. In every case, the deficit went up after a tax cut. It never went down.

To: i-node who wrote (65211)

4/7/2018 12:55:58 PM

From: koan

Read Replies (1) | Respond to of 361693

Are you forgetting Reagan's tax cuts which ballooned the deficit from Carters 50 billion a year to $250 billion a year?

And that deficit lasted for all eight years adding two trillion to the debt and bush senior added another trillion.

Only the Clinton tax increases produced a surplus, which Bush jr quickly gave back to the rich with monster tax cuts to the rich and we descended into big debt again.

Whomever you are getting your history from is nuts-lol!
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>> But as we have seen every times, the increase in revenue is never enough to cover the costs.