WG Economy: Federal Revenues Surge Despite Tax Cut Criticism

In this week’s WG Economy, David Winston breaks down the numbers behind the federal tax debate. Despite claims that tax cuts have drained government coffers, revenue data from the Congressional Budget Office tells a different story—with federal tax revenues rising 44% from 2020 to 2024, even amid a pandemic. Winston points out that the real issue isn’t a lack of revenue, but consistently high federal spending.