The Bush Tax Cuts, Revisited

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The Bush Tax Cuts

I read that Federal revenue incresed after the Bush tax cuts. This would be a combined measure of the greater income reported plus the increase as a result of business investment.

Does anyone know the source of the above?

Thank you.

tapple@sbcglobal.net

T Apple of TX @ Aug 26, 2008 20:50:27 PM

"This research illustrates that, while the lower tax rates have not paid for themselves, they do provide important economic benefits and can expand the tax base to such an extent that they cost the federal government substantially less revenue than the casual observer might think."

Lower tax rates can't "pay for themselves" if there are no spending cuts to accompany them.

Chris of AZ @ Aug 25, 2008 13:38:34 PM

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