Quote:
Originally Posted by Pete F.
Lie #1
"enacting historic and record-setting tax cuts.”
The Floridaman tax cut, according to Treasury Department data, is nearly 0.9 percent of GDP — compared to 2.89 percent of GDP for Ronald Reagan’s 1981 tax cut, the actual largest tax cut. When measured as a share of the U.S. economy, Floridaman’s tax cut is the eighth-largest in the past century.
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Actually, I don't know what a record-setting tax cut is. It would be good to know what record he's talking about. The statistical version you present is a calculation of the percent of GDP. Don't know if that's what Trump was referring to. Or if he was referring to the economic impact of creating more jobs and more total federal revenue being realized. I understand that you want to figure out some way to make it a "lie." It's more like a matter of opinion. Different versions have been printed in different sources. Depends on which source fits your preferred narrative.