​Tax Cuts – An Examination Of The 2017 TCJA Impact – Tyler Durden

Tax Cuts – An Examination Of The 2017 TCJA Impact Authored by Lance Roberts via RealInvestmentAdvice.com, An analysis of Presidential Candidate Trump’s policy proposals recently suggests that tax cuts will increase the deficit. While the raw analysis is correct, as it subtracts the potential for reduced tax collections from the tariff revenue, it ignores the impact on economic growth. There is much rhetoric about the impact of tax cuts, mostly centering around “only benefitting the rich.” While it may seem that “the rich” are the ones who benefit, there are two important points to consider. First, “the rich” already pay most of the taxes. The Tax Foundation shows…  — Continue at ZeroHedge News : Read More