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

To: i-node who wrote (511606)9/9/2009 2:27:08 PM
From: combjelly  Read Replies (1) | Respond to of 1578012
 
"Once again, there were tax hikes but they were small compared to the cuts."

And that is why the tax burden for the middle class and below was higher.

Brilliant analysis.

"As usually happens, however, after such tax rate reductions, tax revenues SOARED. "

If the deficit spending improves the economy, well duh. Who would have guessed? Yet the debt kept going up, despite the tax revenue increase. Why is that?


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