If we cut back federal income taxes significantly more, how big will budget surplus be?
if we cut fed income taxes to half what they are across the board right now, how big will the budget surplus be due in two years due to all the extra tax revenue that will be generated? so lets cut them by 75% of what they are now. For every dollar of tax collected, lets only collect 25 cents from now on. Seems to me its a cinch we should be rolling in excess surpluses in just a year or so.
Public Comments
- Well, tax cuts always lead to increased revenues, so it depends on the size of the cut.
