Its relevant, when your talking about whether taxes where cut or not. Tax income has been fairly steady as a percentage of the economy, and growing in real per-capita terms, which shows that the problem is not tax cuts, but rather spending increases.
Spending has jumped by any measure, nominal dollars (which has exploded up over the years), nominal per capita dollars, real dollars, real per capita dollars, percentage of GDP (or GNP or other measures of national total income, production, or wealth), percentage of federal revenue.
At the same time revenue has increased or staid fairly constant by almost all measures.
So the statement "you have the GOP cutting taxes so that our tax revenues dwindle to nothing" is silly even if not meant literally (and it would be ridiculous if meant literally, but I think it reasonably obvious you didn't mean it that way).
The problem is the expansion of government, not tax cuts. |
