Red I don't think you want to have a real conversation about this. I think you just like hurling insults. But in case I'm wrong, here is a link to where you can download the US Government's Monthly Treasury Statement.
We're still assessing the full effect of the Trump Tax Cuts, but the statment shows that comparing the first 6 months of 2017 to 2018, year-over-year receipts are down in 4 of 6 months. January and April were big exceptions to that, and for the 6 months, 2018 runs about 2% over 2017 for the first half of the year. We are told that repatriation is the reason for the large April 2018 receipt, which is projected to be a one time effect.
Comparing the first 6 months of '16 to '17 is interesting. Collections in '17 run ahead of '16 for 5 of the 6 months, and overall collections are up 2% as well, which is consistent with GDP growth for that period.
So it's important to factor in GDP growth. If we look at Q3 and Q4 of 2018 and see that revenues are lagging over where they would be using 2017 tax rates, and factoring for GDP growth, then it will be reasonable to conclude that the Trump tax cuts have contributed to the deficit.
We're still assessing the full effect of the Trump Tax Cuts, but the statment shows that comparing the first 6 months of 2017 to 2018, year-over-year receipts are down in 4 of 6 months. January and April were big exceptions to that, and for the 6 months, 2018 runs about 2% over 2017 for the first half of the year. We are told that repatriation is the reason for the large April 2018 receipt, which is projected to be a one time effect.
Comparing the first 6 months of '16 to '17 is interesting. Collections in '17 run ahead of '16 for 5 of the 6 months, and overall collections are up 2% as well, which is consistent with GDP growth for that period.
So it's important to factor in GDP growth. If we look at Q3 and Q4 of 2018 and see that revenues are lagging over where they would be using 2017 tax rates, and factoring for GDP growth, then it will be reasonable to conclude that the Trump tax cuts have contributed to the deficit.

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