You are making an error that it’s a simple addition/subtraction of revenues and expenditures from the year before to figure this out.
It’s not.
You have to baseline.
How it works in business…how it works in government.
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Poor government management by Republicans.
So, what cuts should we make?
Grover Norquist sure knew his audience.
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Why do you think that? Before the cuts we were adding jobs at about the same clip.
Where do you think it would have been without tax cuts?
Down, because of a slow economy… Those manufacturing jobs did not come back by a magic wand… Record oil production in Texas right now…
Trump has raised taxes. On Tariffs and on the rich by limiting deductions. See…
What do you make of this economic growth statistics?
Real GDP (2009 Chained Dollars) in California
| 2016 | 1 Year Change | 3 Year Change | 5 Year Change | |
|---|---|---|---|---|
| US Per-Capita GDP | $50,577 | +0.84% | +4.20% | +6.27% |
| California Per-Capita GDP | $58,619 | +2.25% | +8.85% | +12.51% |
| California Population | 39,250,017 | +0.66% | +2.39% | +4.18% |
Real GDP (2009 Chained Dollars) in Texas
| 2016 | 1 Year Change | 3 Year Change | 5 Year Change | |
|---|---|---|---|---|
| US Per-Capita GDP | $50,577 | +0.84% | +4.20% | +6.27% |
| Texas Per-Capita GDP | $53,795 | -1.15% | +3.42% | +11.25% |
| Texas Population | 27,862,596 | +1.58% | +5.25% | +8.64% |
From: California GDP and Per-Capita GDP | Department of Numbers
You realize that even in a “slow” economy, tax revenues increase?
They pretty much only decrease in a recession.
There is zero evidence the tax cuts avoided a recession
Yes, but the cost of living is higher in cal… That’s why they have the most poor of all states…
Except revenues had consistently been increasing before the tax cuts. What are you basing this on? This sounds like obama’s “saved or created” line. How much down?
One more time, for the people in the back:
IT ■■■■■■■ WENT DOWN COMPARED TO THE BASELINE—WHAT WE WOULD HAVE BROUGHT IN PRIOR TO THE TAX CUTS.
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Oh, the baseline…lol! Give it up!
Lol, no. The GDP growth could have been -1.17% in FY2018 and we would have still brought in more revenue than under the tax cuts.
Yep. To be specific, $3,531 billion for FY2018 compared to the $3,329 billion we ended up with. SAD.
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We should cut the tax cuts for the wealthy and corporations.
What? Old man yelling alert 
