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Wednesday, September 10, 2025

Missouri U.S. Rep Jason Smith: "Facts continue to destroy Washington Democrats' narrative about the 2017 Tax Cuts & Jobs Act. The..."

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Jason Smith tweeted the following:

"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."
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Here are other recent tweets from Jason Smith:

"Last time inflation was as high as it is today, interest rates were over 10%. In this scenario, interest payments would rocket to $7 trillion per year, and our national debt would hit $75 trillion in the next ten years.
It's clear that the national debt is headed for disaster." on May 9
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"If you want to learn more about what rising interest rates mean for our national debt, read my full report here: jasonsmith.house.gov/uploadedfiles/" on May 9
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"Economic growth would slow down as companies can't afford to make the investments needed to create good-paying jobs for Americans.
In a scenario where interest rates are at their 1990s average, the federal debt will grow to an astonishing $54 trillion in the next 10 years." on May 9
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