By Dan Calabrese —— Bio and Archives--December 4, 2017
The left was pretty excited, and some tepid Republicans were pretty nervous, when the Joint Committee on Taxation came out last week with a supposedly "dynamic" forecast that showed even with likely economic growth factored in, the tax cut proposal would still add more than $1 trillion to the deficit over the course of a decade.
The reason? Joint Tax estimated the likely economic growth effect of the tax cut at only about $400 billion in new revenues to the Treasury.
Now: How would they know to that level of precision? They don't. But they base their expectation of growth on some very limited models, which completely fail to account for the impact of tax policy on the movement of capital in international markets.The Comment section of online publications is the new front in the ongoing Cancel Culture Battle.
Big Tech and Big Media are gunning for the Conservative Voice—through their Comment Sections.
Canada Free Press wishes to stay in the fight, and we want our fans, followers, commenters there with us.
We ask only that commenters keep it civil, keep it clean.
Thank You for your patience and for staying aboard the CFP ‘Mother Ship’.
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