SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (32693)2/14/2009 1:43:41 PM
From: Steve Dietrich  Read Replies (3) | Respond to of 71588
 
Buddy, tax rates matter.

Look at Revenue vs. Outlay as a percentage of GDP (i made a chart from data here: whitehouse.gov ) and you see just how severely revenue dropped off, as a percentage of gdp. By contrast, the rise in outlays is much less severe, showing the loss of revenue to be the larger factor.

The last time you see such a drastic drop (though it's smaller) is after Reagan's tax cuts.



SD


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News