Monday, November 9, 2015

Math in the News: Marco Rubio’s tax-cut plan

Math in the News: Marco Rubio’s tax-cut plan

From Nov. 8 Huffington Post:

  • Would reduce federal revenue by 12 Trillion Dollars over the next ten years.
  • Under current policies the federal tax revenue would be 42 Trillion Dollars.
Marco Rubio's plan would result in a 12 / 42 = 29% or about 30% decrease in tax revenue.

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