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<blockquote data-quote="Jimi77" data-source="post: 8885121" data-attributes="member: 673702"><p>And I&#039;d call it a lie except every politician makes similar claims although in reality the biggest tax cut, biggest spending increase, biggest spending cut, biggest GDP growth or biggest anything else is actually more a function of inflation vs policy.&nbsp; I highly suspect that politicians won&#039;t spend 10 minutes explaining that &quot;the biggest tax cut&quot; was based on inflation adjusted dollars from the FY &#039;23 to FY &#039;24 for a family of 4 making median income, but would be a smaller tax cut based on percentage of GDP and that overall tax revenues increased so you might hear the opposition party claiming that I raised taxes.&nbsp; In addition, corporate tax rates went up, so while you may have paid less in income taxes, you may have paid more for the cost of goods due to inflation.&nbsp; What you&#039;re requesting is more of something that should be covered in media, but the media will only cover things like this in a manner that fits the &quot;We&#039;re good, they&#039;re bad&quot; narrative.</p></blockquote><p></p>

[QUOTE="Jimi77, post: 8885121, member: 673702"] And I'd call it a lie except every politician makes similar claims although in reality the biggest tax cut, biggest spending increase, biggest spending cut, biggest GDP growth or biggest anything else is actually more a function of inflation vs policy. I highly suspect that politicians won't spend 10 minutes explaining that "the biggest tax cut" was based on inflation adjusted dollars from the FY '23 to FY '24 for a family of 4 making median income, but would be a smaller tax cut based on percentage of GDP and that overall tax revenues increased so you might hear the opposition party claiming that I raised taxes. In addition, corporate tax rates went up, so while you may have paid less in income taxes, you may have paid more for the cost of goods due to inflation. What you're requesting is more of something that should be covered in media, but the media will only cover things like this in a manner that fits the "We're good, they're bad" narrative. [/QUOTE]

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