9/10 times the "economists" who cook up estimates that say "X tax cut bill will reduce government intakes by Y" don't know their ass from their elbow.
The government deficit is not something that we can just keep taxing more and more to get out of, the slowing effect taxation has on an economy is well understood. At this point, only a substantial increase in actual economic growth (less taxes and more productivity) or flat out bankrupcy is going to fix anything related to the national debt.
Because this adds just as much to our debt. It's not the govt spending. It's trying to call it something different.
9/10 times the "economists" who cook up estimates that say "X tax cut bill will reduce government intakes by Y" don't know their ass from their elbow.
The government deficit is not something that we can just keep taxing more and more to get out of, the slowing effect taxation has on an economy is well understood. At this point, only a substantial increase in actual economic growth (less taxes and more productivity) or flat out bankrupcy is going to fix anything related to the national debt.