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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (226317)3/25/2005 7:58:20 PM
From: tejek  Read Replies (1) | Respond to of 1572645
 
When I say the rich are paying more, I mean they are paying more now. They didn't pay more in 2001 with the recession, or in 2002 or 2003, because their incomes where lower in those years. 2004 is less clear, but income is definitely up for 2005 and total tax revenue is now higher than 2001.

I don't know how that can be. The economy is not doing that well......its better than it was in 2001 but that's not saying much.

Here is a chart on the same site. It shows tax revenues as a percent of GDP. They are down severely since 2000.

jec.senate.gov