Two Santa Clauses or How The Republican Party Has Conned America for Thirty Years

[Calabrio]

How much did they increase the year before the tax was cut?

1- Are you going to have a conversation, an exchange of ideas, or are you just going to be annoying, posting non-sequiturs, disjointed thoughts, and single post distractions?

2-You act as though I've memorized all the tax revenue charts and that I can recite it to you from memory. How the hell should I know that at 2:47PM on a Friday afternoon. Just like you, I'd have to research it to find that particular answer. If this single piece of data is important to you and noting it will demonstrate that the premise of something I said was in error, then look it up, post, and demonstrate the flaw in my argument. I encourage you to do so, because if that is the case, it will prevent me from mistakenly repeating it again.

3- you have still not answered my question about the air speed velocity of an unladen swallow.... you can find that one out for me when you need a break while you're combing through the eye-crossingly boring federal revenue figures.

 

[cammerfe]

Mick, you're so typified by the photo to the left in your posts, that NOTHING you might say is even worth reading.
KS

 

[Mick Jagger]

The Reagan tax cut reduced tax revenues and increased the deficit
​

The [1981 Reagan] tax cut did not cause tax revenue to rise... tax revenue fell... the government began a long period of deficit spending... the largest peacetime increase in the government debt in U.S. history. Fads can make experts seem less united than they actually are.

--N. Gregory Mankiw, head of George W. Bush's Council of Economic Advisers, in his 1998 book Principles of Economics (New York: Dryden. pp. 29-30, in the section "Thinking Like an Economist: Why Economists Disagree: Charlatans and Cranks")​

Supply-side advocates claim that Reagan's tax cut increased federal tax revenues. Some silly Republicans in office today treat this assertion as an article of faith.

What do economic researchers say?

They deny that Reagan's tax cuts increased federal tax revenues. True, tax revenues per person did increase in the 1980s, but that was not unusual - in fact, it was sub-par. After adjusting for inflation and population growth, tax revenues per person increased far less in the 1980s (18%) than they had in the 1970s (25%) or would in the 1990s (40%).

 

[foxpaws]

European or African? (mick would have never gotten this - robots don't watch Monty Python...)

I looked at the US Department of Commerce table site though, and did find this - the first figure is GDP, the second figure is tax revenue, and then the percentage...
where is Heritage getting it's numbers?

2001-10,128 2,168 21%
2002-10,459 2,004 19%
2003-10.960 2,050 19%
2004-11,685 2,213 19%
2005-12,421 2,545 20%
2006-13,178 2,792 21%
2007-13,807 2,948 21%