After the final implementation of the Bush Tax RATE Cuts in 2003, overall Tax Receipts to the U.S. Treasury increased by 35% over the next four years to a record amount of $2.5 Trillion.
Meanwhile, the percentage of overall Taxes paid by the top earners increased, which of course completely destroys the myth of Tax Cuts for the Rich costing the Government money.
Lower Taxes, expanded economy, increased Tax Revenue.
You think this wouldn’t be a difficult concept to understand.
Cut taxes, increase revenues, expand the economy. How many times do people need to be told in order to get it?