- America has a revenue problem. Blame George W. Bush and Donald Trump. A series of tax cuts under presidents Bush and Trump have shattered the link between tax revenues and employment. Revenues as a percent of GDP dropped significantly, and now they no longer grow much when the economy strengthens. https://www.msnbc.com/opinion/msnbc-opinion/us-economy-trump-bush-tax-cuts-deficit-rcna122322 49 comments economy
- America has a revenue problem. Blame George W. Bush and Donald Trump. Even though the national debt is rising, spending can’t be blamed. https://www.msnbc.com/opinion/msnbc-opinion/us-economy-trump-bush-tax-cuts-deficit-rcna122322 1026 comments politics
Linked pages
- Tax Cuts Are Primarily Responsible for the Increasing Debt Ratio - Center for American Progress https://www.americanprogress.org/article/tax-cuts-are-primarily-responsible-for-the-increasing-debt-ratio/ 838 comments
- U.S. Deficit, Pegged at $1.7 Trillion, Effectively Doubled in 2023 - The New York Times https://www.nytimes.com/2023/10/20/business/treasury-report-shows-1-7-trillion-deficit.html 86 comments
- The problem(s) with GOP demands to protect Trump-era tax breaks https://www.msnbc.com/rachel-maddow-show/maddowblog/problems-gop-demands-protect-trump-era-tax-breaks-rcna70779 32 comments
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