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Inconvenient Tax Truths
Opinion Journal ^ | 10/30/07 | Pete DuPont

Posted on 10/31/2007 8:28:25 AM PDT by dr.zaeus

Nobel Peace laureate Al Gore believes global warming is "an inconvenient truth." Here are some economic truths that America's liberal leadership finds too inconvenient to support. Tax rate reductions increase tax revenues. This truth has been proved at both state and federal levels, including by President Bush's 2003 tax cuts on income, capital gains and dividends. Those reductions have raised federal tax receipts by $785 billion, the largest four-year revenue increase in U.S. history.

(Excerpt) Read more at opinionjournal.com ...


TOPICS: Business/Economy
KEYWORDS: revenue; taxes

1 posted on 10/31/2007 8:28:26 AM PDT by dr.zaeus
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To: dr.zaeus

“the largest four-year revenue increase in U.S. history”

and the Dims can’t wait to get their hands on it.


2 posted on 10/31/2007 9:00:14 AM PDT by casino66 ( If I vote Dem I'll get everything 'free')
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To: casino66

“and the Dims can’t wait to get their hands on it.”

Only to choke it to death if they do...


3 posted on 10/31/2007 9:01:45 AM PDT by henkster (The dems have reserved your place on the collective farm.)
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