Jason Smith tweeted the following:
"Individual tax revenues are also soaring, higher than CBO's projection for 2021 and 2022 both before and after TJCA was passed.Tax revenue grew and is still growing beyond expectations."Read on Twitter
Here are other recent tweets from Jason Smith:
"Contrary to Democrats' doom and gloom narrative, the Trump tax cuts worked. Its clear that Washington has a massive spending problem, not a revenue problem. With historic tax relief, revenues are rocketing to historic highs."Read on Twitter"Read on Twitter
"Corporate tax revenues for 2022 are on pace to be higher than the Congressional Budget Office's projection even before TCJA passed.This year, revenues are projected to be nearly $100 billion over what was projected after TCJA passed."Read on Twitter
"Facts continue to destroy Washington Democrats' narrative about the 2017 Tax Cuts & Jobs Act. The tax burden on families and job creators is down, while corporate and individual tax revenues are at historic highs. Total revenues are on pace to be the largest share of GDP ever."Read on Twitter