On the recordFebruary 12, 2013
But the balanced approach, if you increase taxes, it is going to harm economic growth.
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congress.govBut the balanced approach, if you increase taxes, it is going to harm economic growth.
Johnson argues that increasing taxes negatively impacts economic growth.
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The general feeling of Senate Finance is the TCJA — we need to make that permanent.
The amount that they’re looking to reduce spending is about 1.3%. It’s a rounding error. It’s completely inadequate.