Every 1 % GDP nets the gov 2.2 trillion in new revenue.
3 % GDP 6.6 trillion in one year.
Do that for 4 years and you have 26 trillion +.
A rising tide lifts all boats.
dave
Trump has said that cutting regulations has already boasted GDP to 3.3% for 2017. It would have been 4% if not for all the hurricanes.
The Kennedy tax cuts touched 6% GDP several times.
"After the tax cuts, real GDP grew at 5.8% in 1964, 6.5% in 1965, and 6.6% in 1966. The unemployment rate declined from 5.2% in 1964 to 3.8% in 1966, falling all the way to 3.5% in 1969. Although Kennedy did not live to see it, the rest of us did."
