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6/28/22

By H. Randolph Holder

062822

The Reagan Era Laffer Curve that shows tax revenue increasing as tax rates decrease, is alive and well. According to the Congressional Budget Office, following the 2017 tax cuts, individual income tax collections are poised to reach $2.6 trillion, and would mark a record in its 109-year history topping the war-tax receipts of 1944 and the dot-com boom of 2000.

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