re: #174 lawhawk

Greets and saluts…
Instead, the GOP will claim that their tax scheme will grow the economy by a higher rate than the CBO or others estimate and that will not grow the debt. The reality is that the trickle down BS will do nothing to grow the economy but it will massively add to the debt, and the GOP response to this will be to slash and burn the safety net in response.

echoed further and clarified at Electoral-vote.com “Wizard of Oz” Tax Reform

Trump is promising 6% annual growth for the rest of his term, which might indeed make his plan revenue-neutral if it happened, but that is about as likely as a herd of unicorns appearing at his next rally. According to the World Bank, the U.S. has achieved that level of growth precisely once in the past 50 years (1973), and has never pulled it off for three years in a row. Consequently, it is almost certain that the Trump plan will blow a giant hole in the budget. This will mean borrowing more money, and then will eventually culminate in a crisis of some sort, most likely to manifest itself when a Democrat is in the White House, left holding the bag.