[ExI] Free Trade

[John Clark]

On Sun, Oct 12, 2025 at 10:18 AM <spike at rainier66.com> wrote:

 *> History has established the approximately 20% number with the Reagan
> tax cuts of the 1980s.*
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>> *>> …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
>> **H**e **W**ho **M**ust **N**ot **B**e **N**amed 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.*
>>
>> *Republican Tax Bill Leads to Record-Breaking Drop in Corporate Revenues*
>> <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>
>>
>> *John K Clark*
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> * > **Sure but that almost makes it sound like a bad thing**.*
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*You're the one who said the 20% was the magic number that maximizes the
amount of money the government gets from taxes, and that certainly wasn't
the case in this example.  *


*John K Clark*



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