There is far more to the tax code and the resulting revenues than the tax rates. Deductions, depreciation schedules, etc. all play into it. The roaring economy is because Trump knew how to manage all that so there is now investment into our economy.
As result of the roaring economy is that less social spending is needed. I say it is all unconstitutional, but far more people are self sufficient.
Absolutely a great observation most people forget. 6.7 million people are no longer on food stamps under Trump (and the average benefit for those remaining went down $10 per month because the benefit reduces as people make more money).
The enrollment in Medicaid and CHIP, government-sponsored health insurance for children and the poor, also declined under Trump—by 2.5 million between January 2017 and March 2019.
Enrollment in the welfare programs, specifically the Temporary Assistance for Needy Families (TANF) and “separate state programs,” dropped by more than 633,000 under the first 23 months of Trump’s presidency.
There was also, under Trump, a marked decrease in people claiming unemployment insurance. The initial claims averaged less than 230,000 a week during the first 127 weeks under Trump, compared with more than 270,000 a week during the last 127 weeks under Obama.
As we get a better handle on the border, and fix the sanctuary status of cities/states around the country, the hundreds of billions of dollars spent on illegals will be reduced.