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Larry Kudlow on Tax Reform

 

 


Never believe the CBO: tax cuts will not increase deficit

In April 2018, Kudlow said that the nonpartisan Congressional Budget Office was untrustworthy. He dismissed CBO's estimate that the 2017 Tax Cuts and Jobs Act would increase the deficit by $1.3 trillion, saying, "Never believe the CBO. Very important: Never believe them. They're always wrong, especially with regard to tax cuts, which they never score properly." All credible studies of the tax plan, whether by non-partisan organizations, Wall Street analysts, or right-leaning research organizations, showed that the tax plan would increase the deficit. In July 2018, Kudlow falsely asserted that "Even the CBO numbers show now that the entire $1.5 trillion tax cut is virtually paid for by higher revenues and better nominal GDP." The CBO actually found that the tax cut reduces revenues and that deficits would increase by $1.9 trillion after accounting for macroeconomic feedback.
Source: Wikipedia.com for Trump Cabinet biographies , Dec 31, 2018

Other governors on Tax Reform: Larry Kudlow on other issues:
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Dan Malloy
Danny Drew
David Walker
Joe Visconti
Linda McMahon
Mark Lauretti
Ned Lamont
Peter Lumaj
Prasad Srinivasan
Tom Foley
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Ann-Marie Adams
August Wolf
Chris Murphy
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Jack Orchulli
Matthew Corey
Richard Blumenthal
Tom Foley

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MS:
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AK: Walker(i) vs.Dunleavy(D) vs.Chenault(R) vs.Huggins(R) vs.Begich(D) vs.Treadwell(D)
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CT: Malloy(D) vs.Lamont(D) vs.Stefanowski(R) vs.Srinivasan(R) vs.David Walker (R) vs.Lumaj(R) vs.Visconti(R) vs.Lauretti(R) vs.Drew(D)
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GA: Kemp(R) vs.Cagle(R) vs.Hill(R) vs.Abrams(D) vs.Levine(D)
HI: Ige(D) vs.Hanabusa(D) vs.Tupola(R) vs.Carroll(R) vs.McDermott(R)
IA: Reynolds(R) vs.Leopold(D) vs.Boulton(D) vs.McGuire(D) vs.Glasson(D) vs.Hubbell(D) vs.Porter(L) vs.Battaglia(L)
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IL: Rauner(R) vs.Kennedy(D) vs.Pawar(D) vs.Daniel Biss (D) vs.Pritzker(D) vs.Ives(R)
KS: Brewer(D) vs.Hartman (R)

Gubernatorial Debates 2018:(continued) vs.Colyer(R) vs.Kobach(R) vs.Orman(I) vs.Kelly(D)
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SC: McMaster(R) vs.McGill(R) vs.Pope(R) vs.Templeton(R) vs.Smith(D) vs.Warren(D) vs.Bryant(R)
SD: Noem(R) vs.Jackley(R) vs.Sutton(D)
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Page last updated: Mar 10, 2019