Subject: Re: Left wing, fake news scum bag suspended without pay
On Monday, December 4, 2017 at 2:54:27 PM UTC-5, Clave wrote:
> On 12/4/2017 10:59 AM, BillB's widow wrote:
> > On Monday, December 4, 2017 at 8:22:57 AM UTC-8, Clave wrote:
> >>> Even a tenth of one percent in increased GDP will more than "pay for" the tax plan.
> >> My fucking GOD, what an imbecile.
> > I don't know about imbecile,
> Looks, walks, quacks.
> > but certainly a complete economic illiterate driven by blind partisan
> devotion and a penchant for fantasy.
> > From the Committee for a Responsible Federal Budget (on "dynamic scoring"):
> > As a result of a larger economy under the bill, JCT projects tax reform will generate $458
billion of feedback revenue. They also project the added growth will cause interest rates to rise,
leading to $51 billion more in spending. The net effect is the dynamic effects of tax reform will
reduce the bill's costs by $407 billion. In other words, the tax cuts will pay for three-tenths of
their $1.4 trillion conventional cost.
> > This represents a far cry from claims that tax reform will be fully paid for with economic
growth; in fact, no estimate so far has reached such a conclusion. All estimates we're aware of
regarding the current Senate bill show it will cost $1 trillion or more even after incorporating
economic growth effects.
No, an imbecile thinks that a tax cut has to be "paid for."