Tax cuts paying off for workers…and the federal gov’t

Investor’s Business Daily article: “The latest monthly Treasury report on taxes and spending shows that gross tax receipts in February were $1.4 billion higher than the year before. Weren’t the Republican tax cuts supposed to explode the deficit?”

Individual worker income is higher.

More people are finding jobs.

More jobs mean more income taxes are collected, more products are being sold to the consumers with more discretionary income, more product needs to be manufactured to satisfy that consumption, which means more raw materials are being purchased.

Free enterprise capitalism is a great engine for economic growth.

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