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Re:Fast Train to Failure: California’s Mismanaged High-Speed... by rukittenme on Thursday December 06, 2018 @09:15PM (#18624560)
Tax rates were cut; tax revenue was not. The federal government is expecting $26 billion more in tax revenue than in 2017.
Re:Fast Train to Failure: California’s Mismanaged High-Speed... by greenburger on Friday December 07, 2018 @12:30AM (#18625379)
That may have been the estimate, but so far receipts are not keeping pace with 2017. Depending on your reference tax year revenues are 3% - 8% lower than 2017 thus far [1].

[1] http://www.crfb.org/blogs/tax-bill-did-not-cause-revenue-ris...

Re:Fast Train to Failure: California’s Mismanaged High-Speed... by marcell on Thursday December 06, 2018 @09:35PM (#18624652)
That’s a bit semantics as it’s looking at just one year, and in any case doesn’t look at the delta from the old law.

Edit: IIRC the law had some incentives to onshore money at special tax rates, which may cause a one-time bump in revenues.