(08-02-2018, 08:03 PM)B2hibry Wrote:

(08-02-2018, 07:21 PM)mikesez Wrote: The correlation is not absolute, and even if it was, would not imply causation.

You are correct that our tax brackets update based on inflation, and correct that this is a good thing, but that doesn't change that the fiscal office reports from our treasury department, that I linked to, are given without any inflation adjustment.

The part in bold is exactly right, and exactly why Trump's tax cut is unlikely to have the positive long term effects that others had.

Well I tried, but you are ignoring history, facts, and basic economic principles. I applaud you for attempting to find the data points but you must understand it to use it as a debate point. No matter how many people point out your errors, you keep struggling on. So be it.

FYI, not sure what you mean by “others” but there hasn’t been much in the way of long term success in the modern economic climate. I sure wouldn’t attempt to grasp at the last two Presidencies as positive fodder. In fact they both tried tax cuts in addition to stimulus packages and corporate bailouts. The outlier in the last seven or so was Clinton thanks in part to tech innovation and even then it cooled mid Bush.

What error did I make?
I agreed with almost your entire post.
I double checked the monthly treasury statements.  There is no inflation adjustment for the older dollar values.
Are you making argumentum ad populum here?
Just because everyone here seems to believe that tax cuts actually grow Revenue, does that make it true?

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