I assumed the chart I originally referenced was showing reductions in revenue based on applying the first Bush tax cut to some source of projected revenue. I have not been able to locate the source of the chart's projected revenue figures, but like I said, anything past about 2003 is going to be a wild-assed guess anyway.

Conservatives and liberals can debate exactly where the economy is going if taxes are cut, or not cut, but that's all going to be wild-assed guessing too.

Face it, the economy is going to do what it is going to do, and if we could predict where it was going precisely, we would all be rich.

I support tax cuts because of my belief that capital in the private sector is almost always put to more productive uses than capital in the political sector. History tends to support this.

A cynic might suggest that the economic boost given by tax cuts, with an election coming up, is exactly why the Democrats are so hard over against them.