To: WebFocus
Their main effect was simply to reduce the government’s revenue, thereby increasing the budget deficit, which all Republicans claim to abhor. Sorry Bruce, but they didn't reduce government's revenue. Revenues WENT UP DRAMATICALLY. And the economy was NOT growing before the tax cuts. Even if you think that the tax cuts didn't do that much to stimulate the economy, allowing them to expire -- which IS a drastic tax rate increase -- would have a dramatic, devestating contractionary effect on the economy.
3 posted on
09/27/2010 7:29:12 AM PDT by
VRWCmember
(Jesus called us to be Salt and Light, not Vinegar and Water.)
To: VRWCmember
Government Revenue during the Bush years ( after Tax cuts were implemented ):
Yes, Government Revenues WENT UP.
Unfortunately,
SPENDING WENT UP EVEN FASTER !!9 posted on
09/27/2010 7:34:33 AM PDT by
WebFocus
To: VRWCmember
11 posted on
09/27/2010 7:36:06 AM PDT by
WebFocus
To: VRWCmember
2003 Federal Tax Revenues = 1.75 Trillion.
2008 Federal Tax Revenues = 2.6 Trillion.
How ever much we give, they only want more.
16 posted on
09/27/2010 7:39:46 AM PDT by
Kickass Conservative
(My Rights are God given, not Obama approved...)
To: VRWCmember
Excellent. One more former Reaganite I can put on the “no longer listen to” list, along with Dame Noonan and other traitors.
25 posted on
09/27/2010 7:46:53 AM PDT by
backwoods-engineer
(There is no "common good" which minimizes or sacrifices the individual. --Walter Scott Hudson)
To: VRWCmember
Bartlett is right here. if you look at inflation adjusted figures, revenue went sharply down for years. Only the increase in the size of the economy and monetary supply (which always increases over years) brought the government’s revenues back up. But the economy didn’t grow faster than normal.
36 posted on
09/27/2010 8:32:01 AM PDT by
ChurtleDawg
(voting only encourages them)
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