The CBO compared their projections against actuals. It's not a question of independence. The projections were the projections, and the actuals are the actuals. That's a perfect source of comparative data to me. I'm not surprised you summarily reject it however, since it shows they were accurate in some of their estimates.
If you "destroyed (my) BS", kindly explain to me how the $1.4T in projected revenue shortfall in this tax reform plan will actually be a revenue surplus. The tax cuts mean less money is coming in from US citizens and businesses. So where exactly is the additional revenue coming from? I understand the theoretical argument that it'll come from "growth" but with this level of business and personal tax cut, where exactly will the "growth" come from? I'm just trying to understand your argument because it doesn't make common sense to me. Thanks in advance.
Last first as is my wont, Course it lacks common sense to you. Facts seem to do that to you.
Independent links I have given prove that tax cuts spur economic growth and bring in greater tax revenue. Something the CBO does not have enough common sense to understand.
The CBO chart you linked does not compare actual growth....just how bad CBO missed projecting against other projections ...most bassed upon.. you guessed it..CBO projections... LOL... see the ironly here.
May as well ask obama how well he did as use CBO data telling us how good they are.
snickerhttp://www.multpl.com/us-real-gdp-growth-rate/table/by-yearYou see, look at 83 and 84 GDP growth when Reagan tax cuts took effect... compare and contrast to your CBO linked hogwash.
Next, bring an independent source showing CBO accuracy in anything...anything...here is an easy one for you ..obamacare.