According to CNBC, there’s a ‘$2 trillion’ mystery in the Trump administration’s budget. This ‘mystery’ is a windfall $2 trillion in additional tax revenue that policymakers believe will materialize thanks to the budget’s proposed tax cuts. By using a process called “dynamic scoring” officials estimate Trump’s proposed cuts will lead to sustained economic growth of 3% per annum, generating as much as $2 trillion in extra tax revenue over the next decade. Whether or not this $2 trillion fiscal boost will ever materialize is up for debate but according to analysts at Bank of America, no matter what the outcome…
US Budget Deficit Will Lead To A 30% Market Crash
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