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<blockquote data-quote="Deleted member 2897" data-source="post: 573314"><p>Not sure where I came up with June 3oth. LOL.</p><p></p><p>Anyway. $2.52 is the STARTING POINT. That's not his data. That's the year I picked from which to measure him. FY2008 ends on September 30th 2008. I. I mean, its all kind of arbitrary because Presidents don't start on the fiscal year, they start in between them.</p><p></p><p>I'm not sure how you calculated 2.4%. If I pick the fiscal year that ends 6 months after inauguration per your recommendation, that's the FY ending 2017 for Trump. 3.32T was payroll taxes that year. 3.3% compounded annually gets you to next year's 3.65T estimate.</p><p></p><p>The main thing of course is that if we get out of this minutia, we'll see that (a) payroll tax revenue is not decreasing and (b) payroll tax revenue <em>growth</em> is not decreasing. The rate of change of growth is increasing.</p></blockquote><p></p>
[QUOTE="Deleted member 2897, post: 573314"] Not sure where I came up with June 3oth. LOL. Anyway. $2.52 is the STARTING POINT. That's not his data. That's the year I picked from which to measure him. FY2008 ends on September 30th 2008. I. I mean, its all kind of arbitrary because Presidents don't start on the fiscal year, they start in between them. I'm not sure how you calculated 2.4%. If I pick the fiscal year that ends 6 months after inauguration per your recommendation, that's the FY ending 2017 for Trump. 3.32T was payroll taxes that year. 3.3% compounded annually gets you to next year's 3.65T estimate. The main thing of course is that if we get out of this minutia, we'll see that (a) payroll tax revenue is not decreasing and (b) payroll tax revenue [I]growth[/I] is not decreasing. The rate of change of growth is increasing. [/QUOTE]
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