>>1413018
>Trump's last tax cuts caused record low revenues.
... For the federal government. Yes that's the whole point of tax cuts. The government gets to take less of my money. Therefore less federal revenue. Meaning they have to cut spending in areas to balance the budget. Going back to the last thread, if we look at places like California their largest spending in the budge was for welfare. Now I don't mean to be racist again, but that's something that we could be spending less on.
>with the largest tax cuts going to the richest Americans.
So the same thing that's happened over and over since the beginning of time? The rich exist in every society that has ever existed, because they know how to stay rich. Trying to tax them more usually doesn't work out well for poor/middle class. They either find a loophole or move their business overseas. Worst case scenario, they raise the costs of goods to offset what they pay in taxes. We saw this under Biden. If anything we want low taxes for the upper-class to stimulate growth in business and encourage them to stay inside the country.
>Tax cuts would raise Americans’ incomes by up to 0.3 percent from 2025 through 2027 but shrink Americans’ incomes overall in 2031 and beyond.
Before we even get to 2031, Trump will be out of office and likely replaced by a dem who will reverse every single decision, executive order and policy he put in place (the same way Biden did), so even if this future projection was true it's unlikely to happen.

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