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


To: TimF who wrote (615237)6/7/2011 7:28:34 PM
From: Alighieri  Read Replies (1) | Respond to of 1578541
 
Continuing your series

Individual Income Tax Revenue
2006 $1.043T
2007 $1.1 trillion
2008 $1.25 trillion
2009 $1.21 trillion
2010 $ .8985 trillion


Where did you get the 08 and 09 figures? This is the actual table...

2006 $1.043T
2007 $1.163 trillion
2008 $1.145 trillion
2009 $ .915 trillion
2010 $ .8985 trillion

...and of course we know what happened...

Great Recession = Dec 2007-June 2009
Duration = 1 year 6 months
Time since last recession = 6 years (bush presided over two of these beauties)
Peak unemployment = 10.1%
GDP decline = -12.8%

That's what W handed over to obama...it's a disaster...if lower taxes was aimed at economic growth, this sure doesn't comport.

Al