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RSS FeedsIn tax push, Trump`s team uses a dubious growth estimate
(WorldNews Politics)

 
 

11 december 2017 18:44:03

 
In tax push, Trump`s team uses a dubious growth estimate
(WorldNews Politics)
 


WASHINGTON (AP) -- The Treasury Department just gave Republicans ammunition that their tax cuts would pay for themselves. But the one-page memo relies on a mathematical gimmick: It includes an assumption that tax cuts and other Trump administration policies would cause the economy to expand at a 2.9 percent annual pace over 10 years. Economic growth at that level would, in theory, be enough to keep the national debt...


 
6 viewsCategory: Politics
 
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