Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (359380)	11/19/2007 3:39:31 PM
From: TopCat	Read Replies (3) of 1587359

"So the top rates were different and the the thresholds were different. The fact that they didn't have the same effect should come as no big surprise. The fact that the tax increase during the Clinton years resulted in revenue increases means that the situation was very different. If there needs to be any proof that we are to the left of the Laffer curve, there it is." I don't know why you are so hell-bent on proving my point...yet wanting to argue about it. Maybe we are to the left of the Laffer curve. You haven't proved that we are now....only that we probably were when Kennedy made the cuts. My only point has been that deficits are the result of spending more than revenues not (necessarily) tax rates.

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