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That doesn't appear in the data though. Surely some portion of that behavior played into the numbers, but tax receipts basically just stalled for one year, and
by adam_arthur 5y ago
That doesn't appear in the data though.
Surely some portion of that behavior played into the numbers, but tax receipts basically just stalled for one year, and then continued on their normal growth trajectory.
If the effect were large, you would expect a decline in revenues in subsequent years.
- tobylane 5y agoOr a decrease in the previous years. With how predictable US politics is, I would expect accountants to suggest holding these things until a Republican government, which will be no more than 8 years away. But looking back or forward there’s also the other effects of government on their income to confound spotting it.