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


To: Alighieri who wrote (625384)8/21/2011 9:03:17 PM
From: i-node  Read Replies (1) | Respond to of 1573433
 
FIT revenue + Net Change

1991 697.50 a
1992 715.67 a 18.17
1993 777.01 a 61.34
1994 840.57 a 63.56
1995 916.58 a 76.01
1996 1007.09 a 90.51
1997 1112.65 a 105.56
1998 1227.30 a 114.65

The argument, which is correct, is that coming out of the '91 recession you should have seen relatively robust growth/revenues anyway. Yet, as anyone can see, during 93-94-95 growth was fairly stagnant when compared with the figures from the end of the decade.

Then, after the cuts there was a clear uptick -- a substantial one -- resulting from increased LTCGs. It is far more evident when you actually look at the LTCG portion of income tax revenue -- essentially a DOUBLING in the period after the cuts in CG rates, as well as a clear increase in raw dollar totals.

CBO's data is available in Table 1 of the following link:

cbo.gov