PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Scumbria who wrote (139655)	4/20/2001 1:26:23 PM
From: greenspirit	Read Replies (1) of 769667

Scumbria, you're simply stuck in the linear model thinking that "tax cuts automatically equal less revenue to the government". In the real world where a systems view is required, linear models don't work. When Reagan dramatically cut taxes, government revenue surged. The same could have been true if Gingrich had his tax cut enacted, and we may have balanced the budget in far less time. In the case of capital gains taxes, it did. Over the objections of Clinton, and most of the rest of the Democrat party. Limiting the growth of spending while growing the economy balanced the budget. And in the latter, Clinton had very little to do with it. American businesses who founded the new information economy and ran with it, grew the economy. Not a bunch of politicians sitting in Washington D.C.

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