Anonymous press release (pearce?)
From the Grant County Beat:
Washington, D.C. (December 18, 2017) Last Friday, the House and Senate Conference Committee released their final report of the compromised version of the Tax Cuts & Jobs Act. Today, the Tax Foundation released a preliminary economic analysis, highlighting overall economic effects this bill will achieve if passed and signed into law.
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the plan would significantly lower marginal tax rates and the cost of capital, which would lead to a 1.7 percent increase in GDP over the long term, 1.5 percent higher wages, and an additional 339,000 full-time equivalent jobs. In 2018, our model predicts that GDP would be 2.45 percent, compared to baseline growth of 2.01 percent."
"The Tax Cuts and Jobs Act is a pro-growth tax plan, which, when fully implemented, would spur an additional $600 billion in federal revenues from economic growth
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https://taxfoundation.org/tax-cuts-and-jobs-act-preliminary-analysis?utm_source=Tax+Foundation+Newsletters&utm_campaign=9697c904af-EMAIL_CAMPAIGN_2017_12_18&utm_medium=email&utm_term=0_8387957ec9-9697c904af-429170109&mc_cid=9697c904af&mc_eid=e82ad2f8f5
Read the full report here].
Note: the Tax Foundation is a big-business group.