#45 Apr 18, 2010
Post 13 James R wrote:
"47% of Americans don't pay federal taxes"
Nitpicking? I guess honest and facts elude you? You can't say 47% of Americans don't pay taxes THEN decide to correct it with income taxes, and blow it off. SINCE we have used $4+ TRILLION of trust funds revenues in the past 30 years, why does it matter which pocket the money came from? Think we will pay back the "trust funds"? I doubt it, it was used for the millionaires and billionaires tax cuts(85% went to top 5%) of the past 30 years! You know, those "fiscal" conservatives Ronnie and Dubya,lol
Since the "doubling" of revenue HAS been debunked by MANY, and I linked where I get my info, yet you are to lazy or ignorant to accept the TRUTH, you would rather accept the MYTH of Ronnie Reagan than the facts on REAL history!
ANOTHER conservative econ who agrees with me
“Federal revenue is lower today than it would have been without the tax cuts,” Alan D. Viard of the conservative American Enterprise Institute told the Washington Post last October. Viard, who worked in the Treasury Department’s Office of Tax Analysis and the White House’s Council of Economic Advisers under President Bush, told FactCheck.org “But among economists, there’s no dispute.”
Tax cuts can be a sound economic move that spurs growth, says Viard.“But it doesn’t mean that [the cuts] gained revenue."
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