Quote (Black XistenZ @ Oct 17 2018 07:51am)
it is straightforward that this is good news. however, the relationship between income tax revenue and economic growth is far from straightforward, it's pretty complex and definitely not linear.
a more interesting comparison imho would be the change in tax volume versus inflation-adjusted net income after tax.
the economic growth could very well have pushed more people into higher tax brackets, so that the higher share of their gross income that is spent on taxes cancels out the tax cuts or something like that.
You'll find that I am correct when you do this.