[ExI] Free Trade

[spike at rainier66.com]

From: John Clark <johnkclark at gmail.com> 
Subject: Re: [ExI] Free Trade

 

On Sat, Oct 11, 2025 at 10:30 AM <spike at rainier66.com <mailto:spike at rainier66.com> > wrote:

 

> History has established the approximately 20% number with the Reagan tax cuts of the 1980s.

 

>…You need more than one data point to establish anything, and I don't think you have even one data point. And you need to take into consideration He Who Must Not Be Named big tax cut during his first administration, he lowered the corporate tax rate from 35 to 21 percent, and it resulted in a 31 percent drop in corporate tax revenue.

 

 <https://www.newsweek.com/donald-trump-tax-cuts-republicans-corporate-rate-1444133?campaign_id=116&instance_id=10300&segment_id=14415&user_id=24fd8e8519ac5bacbafda36691e5d7ac&regi_id=67903149> Republican Tax Bill Leads to Record-Breaking Drop in Corporate Revenues

 

John K Clark

 

 

 

 

 

 

Sure but that almost makes it sound like a bad thing.

 

That article referred to record-breaking drop.  You know what records are for, ja?  I bet we can break it again.

 

That 31 percent represents capital which ended up somewhere else, such as in the pockets of venture capitalists, where it goes about its capitally business of creating still more capital.  Oh life is good.  

 

spike

 

 

 

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