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


To: i-node who wrote (687127)12/5/2012 12:50:58 PM
From: Alighieri2 Recommendations  Read Replies (1) | Respond to of 1583861
 
No. There weren't "four years of decline" after the original tax cuts.

You are twisting in the wind...the truth is that five years pass before yearly revenue gets back roughly to 2000 levels, while historically revenue would have grown during that same period proportionally with GPD growth, which is positive in each and every one of these years. In addition it is clear from your chart that rev/gdp ratio drops during the same five years (obviously) and never recovers back to 2000 levels or historical levels for that matter. There is no evidence that supports your claim that tax cuts increase revenue....that is a myth that most credible economists have dismissed as propaganda.

Al