Posted On: 06/25/2016 12:09:24 AM
Post# of 65629
?....click on the damn links I provided...copy and paste....how tax revenue associated with deficit reduction....is effected via those two separate plans. geesh...let me do it for you:
"Overall, the plan would increase federal revenue on a static basis by $498 billion over the next 10 years. Most of the revenue gain is due to increased individual income tax revenue, which we project to raise approximately $381 billion over the next decade. The changes to the estate tax will raise an additional $106 billion over the next decade. The remaining $11 billion would be raised through increased taxes on corporations."
"If we account for the economic impact of the plan, it would end up raising $191 billion over the next decade . The slightly smaller economy would reduce wages, which would narrow the revenue gain from the individual income tax changes to about $173 billion and reduce payroll tax revenue by about $80 billion over the next decade."
http://taxfoundation.org/article/details-and-...-proposals
Overall, the plan would reduce federal revenue on a static basis by $11.98 trillion over the next ten years. Most of the revenue loss is due to the reduction in individual income tax rates, which we project to reduce revenues by approximately $10.20 trillion over the next decade. The changes to the corporate income tax will reduce revenues by an additional $1.54 trillion over the next decade, with the remaining static cost ($238 billion) due to the elimination of the estate tax.
http://taxfoundation.org/article/details-and-...s-tax-plan
?????..that was what I was giving you. That was the "scratch your head" scenario I mentioned. You are making it political....this is not the case...this is math and a positive and negative showing on both sides of the argument..get off the comrade play and start looking at it independently. Like all should do......but don't!!!
"Overall, the plan would increase federal revenue on a static basis by $498 billion over the next 10 years. Most of the revenue gain is due to increased individual income tax revenue, which we project to raise approximately $381 billion over the next decade. The changes to the estate tax will raise an additional $106 billion over the next decade. The remaining $11 billion would be raised through increased taxes on corporations."
"If we account for the economic impact of the plan, it would end up raising $191 billion over the next decade . The slightly smaller economy would reduce wages, which would narrow the revenue gain from the individual income tax changes to about $173 billion and reduce payroll tax revenue by about $80 billion over the next decade."
http://taxfoundation.org/article/details-and-...-proposals
Overall, the plan would reduce federal revenue on a static basis by $11.98 trillion over the next ten years. Most of the revenue loss is due to the reduction in individual income tax rates, which we project to reduce revenues by approximately $10.20 trillion over the next decade. The changes to the corporate income tax will reduce revenues by an additional $1.54 trillion over the next decade, with the remaining static cost ($238 billion) due to the elimination of the estate tax.
http://taxfoundation.org/article/details-and-...s-tax-plan
?????..that was what I was giving you. That was the "scratch your head" scenario I mentioned. You are making it political....this is not the case...this is math and a positive and negative showing on both sides of the argument..get off the comrade play and start looking at it independently. Like all should do......but don't!!!
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