U.S. Treasury estimates quicker growth from tax plan to yield $1.8 trillion in revenue

A tax overhaul bill passed by the U.S. Senate Finance Committee would lift economic growth enough to generate an additional $1.8 trillion in revenue over 10 years, more than enough to offset revenue lost from a cut in taxes, the Treasury Department estimated on Monday. In a summary analysis of a ...
U.S. Treasury estimates quicker growth from tax plan to yield $1.8 trillion in revenue