What do you do when you increase tax revenue as the stock market hits record highs? You approve more spending to spend all the tax revenue plus an extra $2B more. The next recession will be brutal. This is as dumb as planning your personal budget around a record commission/bonus/RSU year and hoping you make that much every year.
https://ad72.asmrc.org/press-release/18397
It’s also the issue with tax revenue being so dependent on the top 1% who have volatile incomes. How on earth do you plan and budget? Just wait until the current millionaire surplus tax gets expanded to include more people.