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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: pompsander who wrote (754830)11/22/2006 4:16:33 PM
From: longnshort  Read Replies (1) | Respond to of 769667
 
as a percent of GNP ?



To: pompsander who wrote (754830)11/22/2006 5:21:15 PM
From: longnshort  Read Replies (1) | Respond to of 769667
 
Quote: From the most recent report from the Congressional Budget Office:

1. Corporate income tax revenues almost doubled over the last two years, from $189 billion in 2004 to $354 billion in FY 2006.

2. Corporate income tax receipts rose by 27.2% from FY 2005 to FY 2006.

3. Individual income tax revenues increased by 12.6% in 2006 to more than $1 trillion, the highest level in US history.

4. The budget deficit, as a percent of GDP, fell to 1.9% in FY 2006, the lowest level in 4 years, and well below the average of 2.3% since 1965.”

Hat tip: Flares into Darkness
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