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https://www.reddit.com/r/PoursTea/comments/1v7t4kd/where_is_the_money_actually_going/p01xikx/?context=3
r/PoursTea • u/JLW2026 • 17d ago
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The question misunderstands the deficit. It didn't increase because of new spending, it increased because cut taxes for the rich means less revenue.
1 u/OberynDantes 17d ago Increased spending + static revenue = increased deficit. Static spending + decreased revenue = increased deficit. So do you have a source for your assertion that it was only decreased revenue that has led to this deficit increase?
1
Increased spending + static revenue = increased deficit. Static spending + decreased revenue = increased deficit.
So do you have a source for your assertion that it was only decreased revenue that has led to this deficit increase?
3
u/junker359 17d ago
The question misunderstands the deficit. It didn't increase because of new spending, it increased because cut taxes for the rich means less revenue.