another form of tax increases, then revenues have dropped. Essentially, the trade wars are helping to offset some of the lost tax revenues, for now. Yet somehow many of those cheering on tax cuts also cheer on tax increases when we call them "tariffs." SMH.

Also, revenues were going to increase with or without tax cuts, in an expanding economy. This is how it always works in an expanding economy. The question isn't really whether revenues increased year-over-year, but whether they are higher or lower than they would have been otherwise. When the economy slows down, and it will, the impact will become much more obvious.