[Chi-townChief]

So how much of a fraud is Mr. Boaz?

[Don Corleone]

It seems that the deficit problem in Washington is not a result of insufficient tax revenue but rather the inexorable growth of spending on everything

Add in the state and local taxes and its not such a pretty picture.

[Burr5]

People around here (and on the radio BTW) need to stop using the terms “raise taxes” and “lower taxes” and start saying “raise tax rates” and “lower tax rates”.

I’ve already seen too many self-contradictory comments on this very thread confusing the two, and thereby confusing anyone who doesn’t understand the magic of increasing revenue flow by lowering tax RATES on income and capital gains. Republican candidates had better take note of this if they want to be able to explain our philosophy.

[Burr5]

People around here (and on the radio BTW) need to stop using the terms “raise taxes” and “lower taxes” and start saying “raise tax rates” and “lower tax rates”.

I’ve already seen too many self-contradictory comments on this very thread confusing the two, and thereby confusing anyone who doesn’t understand the magic of increasing revenue flow by lowering tax RATES on income and capital gains. Republican candidates had better take note of this if they want to be able to explain our philosophy.

[<1/1,000,000th%]

It seems safe to conclude that George W. Bush will go down in history as the biggest taxer and the biggest spender ever.

By cutting taxes.

Does this mean the lefties at Cato will be recommending to Dems that they cut taxes too?

[TChris]

Can you even fathom the wealth this country would possess if 50% of it weren't squandered on welfare of all flavors and corrupt/pandering politicians and their pork programs?

What if the government was still restricted to doing its job and nothing more? Just imagine the wealth that would be available to all.

[x]

I'm pretty sure that federal revenues were a higher percentage of national income during the Second World War than they are today.

Curious, though, they were also quite high in the Clinton years (and at other times in the post war era).

Anyone know what's up with that?

[Ferox]

The principle that lowering taxes increases revenues should be well established by now. The problem is government spending. I can understand the increased spending in such things as national defense and security; however, the entitlements are going to kill our economy. The liberal utopia of a “nanny state” and the redistribution of wealth is a bigger threat to America than the terrorists.

[mysterio]

I remember when smaller, less intrusive government was a GOP plank. If they remember that, perhaps I'll consider voting for their candidates.

[Son House]

“growth of spending on everything”

None of their ‘projects’ ever gets completed.