Trumps Corporate Tax Reform is a Win/Win!

First let me emphasize that there is no such thing as “Trickle Down Economics” Trickle down is a straw man argument to stay away from.

What is happening here is as simple as playing Sim City

There is a point where you start taxing to much and productivity goes down. When profits go down, it starts not to matter how high a percent you take. It will be a greater percent of a lesser figure.

It’s no secret that for businesses in the U.S.A the sweet spot is around 21%

Moving below this threshold is what caused the improvement in tax gains. It gave our companies room to breathe and grow.

Another decrease would not have the same effect. (Trickle)

The Congressional Budget Office, (CBO), is using flawed economic theories. They are charged with predicting how policies will affect the budget.

A story in the WSJ lays out the CBOs predictions before and after Trumps tax reform then compares it to reality in this simple chart (pic2). Are these our best and brightest?

>CBO?

Point is, Trumps Tax Reform far exceeded Liberal Predictions. Good for the Businesses and better for the tax collector

Source behind paywall, pic related.

https://www.wsj.com/articles/corporate-tax-reform-worked-revenue-treasury-congressional-budget-office-11650401836