View Single Post
Old Nov 9, 2006 | 08:59 AM
  #40  
DVPGSR's Avatar
DVPGSR
I need sleep...
 
Joined: Jun 2002
Posts: 3,632
Likes: 0
From: NH
Default

Originally Posted by qtiger
Please show me where ANY of these articles, or others "out there" show that taxes after the tax cuts exceed taxes BEFORE the tax cuts.


All of these articles say "Before we cut taxes our deficit was X. After the cut, our deficit was X + 100, but then the economy got better so our deficit is now X + 90. YAY!!!"

You still have less tax revenues than before you started, you just have more than was projected because the economy improved.
Thank you for NOT reading the articles.

From the first article, second sentance...

“Corporate tax receipts this year will probably cross the $300-billion threshold for the first time,
For the first time means it was never done before which means it is the highest it has ever been, during a period of time when taxes were lowered.
Reply