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

To: longnshort who wrote (610681)	5/9/2011 11:52:43 AM
From: Don Hurst	Read Replies (1) \| Respond to of 1578618

>>" Bush's tax cuts brought in more tax revenues "<< Oh yeah..."tax revenues"?...that is what you extremist right wing crazies call borrowed funds from Communist China

To: longnshort who wrote (610681)	5/9/2011 11:37:48 PM
From: TimF	Respond to of 1578618

They probably didn't actually bring in more tax revenue than they lost, at least the cuts on ordinary income (the tax cuts on investment capital may have), at least not before so many other changes happened that it became hard to pry out the different factors. But getting maybe 40 percent of the revenue back (as in some estimates I've seen) means for every $1 gained by the private sector the feds only lose 40 cents. Why reverse that at give the feds another 40 cents at the cot of a dollar?