Then the constitution is racist!Tax revenues go up every year , except for years after a recession.
You say that but each month I keep reading the federal govt took in a record amount of taxes. If the fed would not have raised the interest rate from virtually zero to 2.5% in the last two years, we'd likely be experiencing a reduction in the national debt -or a reduction in increase. Originally Posted by gnadfly
https://www.thebalance.com/current-u...evenue-3305762
Now that the recession is over, those tax cuts should be reversed. Taxes should be increased, not cut. An economic expansion is the time to pay off the debt, not add to it.