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

To: bentway who wrote (266308)12/28/2005 6:08:15 PM
From: combjelly  Read Replies (2) | Respond to of 1575212
 
"If tax cuts raise revenue, why did Clinton's "high" taxes raise more revenue than Bush's massive tax cuts?"

That is because Clinton got a blow job...

Or something like that. he cheated.



To: bentway who wrote (266308)12/28/2005 6:14:05 PM
From: Taro  Read Replies (2) | Respond to of 1575212
 
You hike the taxes suddenly today and short term the effect will be a higher intake for the state. Quite obvious. Two to three years later the tax intake fizzles out and our dems now "have no clue" how come.
If you are Germany today, then you add another notch to your over taxation and hope this will help to drag you out of the swamp.
That is their plan for 2007 and God help us (Europe) if that ever takes effect.

Taro



To: bentway who wrote (266308)12/28/2005 8:59:22 PM
From: tejek  Respond to of 1575212
 
If tax cuts raise revenue, why did Clinton's "high" taxes raise more revenue than Bush's massive tax cuts?

I suspect that Bush's tax cuts took out a much bigger chunk of revenue. Then again, things were much different under Clinton. Things had been working well for quite some time and the economy was on its way to logging in the longest peace time expansion since WW II. I think economic issues are very much affected by psychology.

ted


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