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Tue Dec 19, 2017, 11:02 AM

Anonymous press release (pearce?)

From the Grant County Beat:

Washington, D.C. (December 18, 2017) Last Friday, the House and Senate Conference Committee released their final report of the compromised version of the Tax Cuts & Jobs Act. Today, the Tax Foundation released a preliminary economic analysis, highlighting overall economic effects this bill will achieve if passed and signed into law.

"… the plan would significantly lower marginal tax rates and the cost of capital, which would lead to a 1.7 percent increase in GDP over the long term, 1.5 percent higher wages, and an additional 339,000 full-time equivalent jobs. In 2018, our model predicts that GDP would be 2.45 percent, compared to baseline growth of 2.01 percent."

"The Tax Cuts and Jobs Act is a pro-growth tax plan, which, when fully implemented, would spur an additional $600 billion in federal revenues from economic growth…"
Read the full report here].

Note: the Tax Foundation is a big-business group.

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Reply Anonymous press release (pearce?) (Original post)
El Mimbreno Dec 2017 OP
2naSalit Dec 2017 #1

Response to El Mimbreno (Original post)

Tue Dec 19, 2017, 01:13 PM

1. Sounds like

Kool-aide to me.

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