Common for January. Impact of tax cuts won't be seen by employees in their paychecks until February. Let's hold off on the celebration just yet.
Good. Then we can give it to states that suffer from deficit crunches like Illinois or help matching funds for human services programs. I'm sure you're all for that.
umm, Record revenue seems like a good thing to me.
Didn't say it was bad, just said that the surplus aspect of it shouldn't be overstated. In theory, with inflation and population growth, record revenues should be expected. It's the net effect that is of greater import. If surpluses continue for several months, then we have a reason to celebrate.
I hope this holds. I’d rather be wrong and prosperous than right and broke. But we need to revisit this in 6, 12, 24 ... months. We need to understand how it affects people in several years or even decades. But on face value, great to hear. Although I’d rather have seen the cuts much more weighted towards low and middle class Americans.
