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Politics : Formerly About Advanced Micro Devices
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To: Alighieri who wrote (623007)8/5/2011 1:37:39 PM
From: i-node1 Recommendation  Read Replies (1) of 1582389
 
>> Growth ...

And how does that not totally shoot down your entire argument? First that the Bush Cuts didn't trigger "growth", and secondly that taxation has been "gutted"?

The reality is that had we not had the collapse in '08 -- due to factors most everyone agrees were exogenous to taxation -- the trajectory was for more economic growth and a resultant increase in tax revenue.

If one could make the argument that the Bush Cuts "caused" the recession that would be one thing. But the causes of the recession are pretty clear at this point. To argue that revenue is down because of the Bush Tax Cuts is sort of ridiculous when you can see clearly that revenue was climbing, steeply, 2 years after they happened.
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