3 ms·
What's frustrating is these are simple numerical questions. I feel like there must be an obvious solution which either one side or the other is intentionally
by MilnerRoute 2y ago
What's frustrating is these are simple numerical questions. I feel like there must be an obvious solution which either one side or the other is intentionally
obfuscating to advance their agenda.
I tried a quick Google search, which tells me that about 25 years ago 19.5% of America's GDP was collected to offset that national debt. But Bush's tax cut (and a later one about 8 years ago) has lowered that to just 16.3%. That coincides with the steeper slope in the Statista graph.
https://www.cbpp.org/research/federal-tax/the-2017-trump-tax-law-was-skewed-to-the-rich-expensive-and-failed-to-deliver https://www.cbpp.org/research/federal-tax/the-2017-trump-tax...