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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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To: geode00 who wrote (143862)10/28/2008 5:52:00 PM
From: TimF  Read Replies (2) of 173976
 
Cutting capital gains rates reduces revenues over the long run. That’s the conclusion of the federal government’s official revenue-estimating agencies, as well as outside experts and the Bush Administration’s own Treasury Department.

No it isn't. They didn't examine the long run. The actual data they examined was only over a matter of years. The closet they came to what you say was talking about how in the long run there is uncertainty.

Also your mostly making an argument from authority, as in the revenues are reduced because the administration says they are reduced. Would you take the Bush administration as an authority about what we should do and should have done in Iraq?

Its one thing to not discount their arguments to zero (And I don't), its another to say "X is true because the Bush administration says its true".
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