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

To: steve harris who wrote (317471)	12/26/2006 7:12:23 PM
From: combjelly	Read Replies (1) \| Respond to of 1578890

"It's not stupid since it every time the taxes were cut, the revenue increased." The CBO doesn't agree. Now true, revenues went up when Reagan raised taxes after his tax cut...

To: steve harris who wrote (317471)	12/31/2006 5:29:21 PM
From: tejek	Respond to of 1578890

It's not stupid since it every time the taxes were cut, the revenue increased. Frequently, after the sun goes down, I go to bed. Every morning when I awaken, the sun comes back up. In spite of that scenario, the two events are not necessarily connected. I do not control the movement of the sun. In the same way, tax cuts did not bring about the end of the recession.......the global economy and the US housing boom caused by increased family formation were responsible. We know that because of the industries that benefited. And forget about increased revenue.....revenues are just getting back to where they were before the tax cuts. That's attributable to the economy which is finally revving up, and not the tax cuts working. In fact, the tax cuts were simply a bribe to get you to keep your mouths shut when Bush pulled his crap. And unfortunately, it worked......because you all operate on the basest of denominators. Have you thought about why Arkansas is so poor?