Just saw an interesting story on TV. The headline basically was that Tennessee was falling short on tax projected revenues. Why should this be a surprise to anyone? Yet it is. Some people just don’t get it. When the economy is good, tax revenues will be good. When the economy goes into the tank, then so will the revenues, being as most revenues in some way, are based on trade.

During President Trump’s early presidency, the economy and revenues were up, even at the state and local levels. Then along came the virus and the economy was partially shut down. Soon after, the revenues were dramatically reduced.

Surprise, surprise. The only way to truly increase revenue is to improve the economy. True; increases in taxes will temporarily increase revenue. However, in the long term, the economy determines the revenues. When taxes are too high, it chokes the economy and discourages production, enterprise, and, of course, buying.

Certainly other factors contributed: riots, mass looting in stores, intentional increases in energy prices and increases in tax rates contributed to economic downturns.

However, I put the primary cause on Fauci, who provided economic support to the development of the China virus, as well as making one decision after the next that resulted in disaster after disaster. However, the damage that Fauci caused did not stop in our pocketbooks. Many can attest to the horrid damage in human lives as well.