Quote:
Originally Posted by The Truth Hurts
the answer is right in the first paragraph.
more people working, so more returns were processed, so more taxes were collected.
|
this is only half true.
1.st - that more people are in work have nothing to do with trump
here you see that from 2010 to end of 2017 20 million more people have been in work.
this is an average of 2.500.000 per year
since trump around 4 million people more got a job. this is an average of 1,6 million per year.
so if this effect you are talking about would take place it would have taken place since 2010 and even much more significant.
2. even if there are 1,5% more individuals in work paying tax i can not see how this can create a more of 90 billion.
the total tax income in 2017 (including tax from corporate) was 1.97 trillion. now i do not know how much from that is from individuals and how much from companies but even if we assume that ALL THAT MONEY came from individuals and i count 1,5% out - we are at 29.5 billion that it COULD increase.
I see your point and you are right in the logic but not in the result.