Friday, March 15, 2019

Larry Kudlow’s claim that ‘we have virtually paid for’ Trump’s tax cut - The Washington Post

President Trump’s chief economic adviser says new numbers from the Congressional Budget Office show that 80 percent of the administration’s tax cuts will be paid for in a decade. Even when accounting for lost revenue, the tax cuts will “virtually” pay for themselves because of increased economic activity, Kudlow suggests. He’s not the first Republican to claim tax cuts pay for themselves. But he is the first to twist what the CBO’s nonpartisan number-crunchers said in a Feb. 28 analysis...
https://www.washingtonpost.com/politics/2019/03/14/larry-kudlows-claim-that-we-have-virtually-paid-trumps-tax-cut/

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