John Harwood: Trump turns supply-side fantasy up to 11

[highplainsdem]

Link to tweet

Trump turns supply-side fantasy up to 11 by claiming he could eliminate payroll tax and finance Social Security through surge of general tax revenues produced by economic growth

this would be a toxic political argument if anyone took the president’s words seriously

[underpants]

1. This reminds me of salesmen's compensation

Very often salesmen are paid commission on the sale not on actual profit. The idea here is just to encourage them to sell sell sell. It’s funny how they’ll promise anything regardless of the actual outcome.

[yonder]

2. "...surge of tax revenues produced by economic growth"

What a novel concept, why hasn't that been tried before?


If needed, here it is:

[Claustrum]

3. errrr did the tax cut pay for itself yet?

So on top of that, it will now pay for ss any day now?