Math in the News: Marco Rubio’s tax-cut plan
From Nov. 8 Huffington Post:
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.