Larry Blanchard wrote:
On Wed, 03 Aug 2011 09:23:18 -0500, HeyBub wrote:
Every time taxes have been cut, revenue has increased.
Statistics please. IIRC, OMB, or maybe CBO stated that revenues went
down for several years after the Bush tax cuts and then slowly
increased as the economy grew.
You (and the OMB) are correct. It took a bit for the economy to adjust.
Here's one treatment:
http://www.mtgriffith.com/web_documents/taxcutfacts.htm