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


To: puborectalis who wrote (670969)9/2/2012 5:51:09 PM
From: J_F_Shepard  Respond to of 1587506
 
Excellent.....enjoyed it, thanks,,,,



To: puborectalis who wrote (670969)9/2/2012 5:56:54 PM
From: longnshort3 Recommendations  Read Replies (2) | Respond to of 1587506
 



To: puborectalis who wrote (670969)9/2/2012 6:09:45 PM
From: i-node2 Recommendations  Respond to of 1587506
 
>> substantive

No, not substantive. Bullshit.

"The [Clinton] tax increases added very little to Treasury receipts despite their magnitude. Reports from the Congressional Budget Office and the Office of Management and Budget, and the Internal Revenue Service all agree," high-tech analyst Jerry Shenk writes on the American Thinker website.
"The 1997 rate reduction on capital gains unleashed the economy, causing capital investment to more than triple by 1998 and double again in 1999. Treasury receipts for this category of tax obligation increased dramatically," Shenk found.

"Without tax relief and the internet/communications revolution, the second Clinton term would likely have seen tax revenues decline in a lagging economy," he said.

". . . when they [Democrats] fiercely fought George W. Bush's tax cuts for capital gains and dividends. But in its 2007 report, CBO found that capital gains and dividends tax revenue had climbed much higher than their original forecasts, producing $51 billion in 2003, $72 billion in 2004, $97 billion in 2005, and $110 billion in 2006. "

You want to argue with the facts?