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Old 11-08-2018, 06:38 AM
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Default Re: Payrolls rise more than forecast as wage gains top 3 percent

Originally Posted by saltwn View Post
then they should have quit spending first.
instead, they're doing the same thing reagan admin did. lowering taxes too fast, too much while still indebted.
Yes, the Federal government should lower spending. That is something that I have said repeatedly on this board.

However, lowering tax rates does not necessarily equate to decreased revenues by the Federal Government. As taxes are reduced, the economy picks up thereby increasing the amount of money being spent in the country thereby increasing tax revenues. This was proven under Reagan and is showing signs of happening again.
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