US Deficit Up 77%, Tax Cuts Not Working, But is it Donald Trump’s Fault!?

2019-3-6 12:52

The Tax Cut Results are In And It Doesn’t Look Good The data is in, and it doesn’t look good if you’re a fiscal hawk. As reported by CBS, the US deficit is up by 77% compared to the same time in 2018.

There are plenty of reasons, but apparently, the decision by Donald Trump’s administration to cut taxes had an impact. Interestingly given that it was marketed as a significant benefit for individuals, revenue from tax cuts was only down 3%. Such a small dip in income suggests that Americans received a negligible tax break. The real winners were

The post US Deficit Up 77%, Tax Cuts Not Working, But is it Donald Trump’s Fault!? appeared first on CCN

.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Goodomy (GOOD) íà Currencies.ru

$ 0.0002667 (-0.99%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: -6.78 %, 7d: -19.37 %
Cåãîäíÿ L: $0.0002667 - H: $0.0002749
Êàïèòàëèçàöèÿ $165.511k Rank 99999
Öåíà â ÷àñ íîâîñòè $ 0.0002956 (-9.78%)

tax cuts deficit donald trump look good

tax cuts → Ðåçóëüòàòîâ: 8


Complacent Investors Are Blind To How Fragile The Markets Truly Are

Today – bank stocks recorded their longest losing streak – ever. The S&P 500 Financial Index is down for the 12th straight day. The irony of this is that for the last year we’ve seen stocks rally on the expectations that the banking sector would do well from Trump’s tax cuts, looser regulations, and most importantly – rising rates. But that’s […]

2018-6-28 04:21