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Stupid arguments about the Ground business model
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<blockquote data-quote="dmac1" data-source="post: 4732008" data-attributes="member: 60252"><p>Revenue increased by 250 billion between 2014 and 2016, Obama's last two years. It grew by only $150 billion after the tax cut during 2017-2019. That shows that the tax 'cut' led to a 40% DROP in the rate of revenue growth. So tax 'cuts' DO NOT lead to increasing revenue. Revenue was ALREADY increasing, and it SLOWED. Maybe if tax cuts were matched by spending cuts, MAYBE, the revenue would have increased, maybe not. Decreased spending can decrease GDP growth, and decrease revenue, and can lead to NEGATIVE rate of revenue growth just like under Trump. Going from an increase of an average $120 billion annually in revenue to a rate of $70 billion is NEGATIVE growth rate even as revenue did slightly increase. IF this is too much math, you are not qualified to discuss tax cut benefits or negatives. .</p><p></p><table style='width: 100%'><tr><td>FY 2019</td><td>$3.46 trillion (actual)</td></tr><tr><td>FY 2018</td><td>$3.33 trillion</td></tr><tr><td>FY 2017</td><td>$3.32 trillion</td></tr><tr><td>FY 2016</td><td>$3.27 trillion</td></tr><tr><td>FY 2015</td><td>$3.25 trillion</td></tr><tr><td>FY 2014</td><td>$3.02 trillion</td></tr></table></blockquote><p></p>
[QUOTE="dmac1, post: 4732008, member: 60252"] Revenue increased by 250 billion between 2014 and 2016, Obama's last two years. It grew by only $150 billion after the tax cut during 2017-2019. That shows that the tax 'cut' led to a 40% DROP in the rate of revenue growth. So tax 'cuts' DO NOT lead to increasing revenue. Revenue was ALREADY increasing, and it SLOWED. Maybe if tax cuts were matched by spending cuts, MAYBE, the revenue would have increased, maybe not. Decreased spending can decrease GDP growth, and decrease revenue, and can lead to NEGATIVE rate of revenue growth just like under Trump. Going from an increase of an average $120 billion annually in revenue to a rate of $70 billion is NEGATIVE growth rate even as revenue did slightly increase. IF this is too much math, you are not qualified to discuss tax cut benefits or negatives. . [TABLE] [TR] [TD]FY 2019[/TD] [TD]$3.46 trillion (actual)[/TD] [/TR] [TR] [TD]FY 2018[/TD] [TD]$3.33 trillion[/TD] [/TR] [TR] [TD]FY 2017[/TD] [TD]$3.32 trillion[/TD] [/TR] [TR] [TD]FY 2016[/TD] [TD]$3.27 trillion[/TD] [/TR] [TR] [TD]FY 2015[/TD] [TD]$3.25 trillion[/TD] [/TR] [TR] [TD]FY 2014[/TD] [TD]$3.02 trillion[/TD] [/TR] [/TABLE] [/QUOTE]
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