Current Events — HabitableZone

Current Events » in reply to Good grief.

Re: Re: It's dead, Buck.

Your raising taxes doesn't mean you will automatically see a increase in revenues per GPD as you can see in the chart below. What is does is slow growth by putting restrictions on businesses.

http://www.fundmasteryblog.com/wp-content/uploads/2008/05/wsj-tax-revenue-chart-ed-ah556b_ranso_20080519194014.gif


This chart below shows that when you lower taxes you have a increase in revenues and growth in our economy which we really need right now. You have it backwards.

http://www.fundmasteryblog.com/wp-content/uploads/2010/07/heritage-federal-government-revenues-600.jpg

Chart source.

The only reason will be going down the road of unsustainable deficits is because of policies and they are Obama's and the democrats which need to be slashed.

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