this post was submitted on 02 Dec 2023
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[–] UFODivebomb@programming.dev 1 points 10 months ago

The 2017 tax cuts Trump implemented massively increased the debt. Obviously, that was before the pandemic. Those tax cuts were stupid and directly to blame for a significant icrease in the debt. Which is the opposite of what Trump claimed would happen.

https://www.taxpolicycenter.org/briefing-book/how-did-tcja-affect-federal-budget-outlook