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oh, unless of course we're discussing the tax cuts by Clinton, right? Then of course magic fairies come down and make sure we have increased revenues from tax cuts..
Clinton is noted for RAISING taxes, which apart from Republican claims of disaster, coincided with the largest increase in GDP in history.
Quote:
Rep. Newt Gingrich (R-GA), February 2, 1993: We have all too many people in the Democratic administration who are talking about bigger Government, bigger bureaucracy, more programs, and higher taxes. I believe that that will in fact kill the current recovery and put us back in a recession. It might take 1 1/2 or 2 years, but it will happen. (Congressional Record, 1993, Thomas)
Rep. Bill Archer (R-TX), May 24, 1993: I would much rather be here today supporting the President and I would do so if his proposals could expect to increase jobs and the standard of living for Americans, but I believe his massive tax increases will do just the opposite. (Congressional Record, 1993, Thomas)
Rep. Bob Goodlatte (R-GA), July 13, 1993: Small businesses generate the bulk of this Nation’s new jobs. And they will be the hardest hit by the Clinton tax-and-spend budget. Because, when you raise taxes, you kill jobs. (Congressional Record, 1993, Thomas)
Rep. Christopher Cox (R-CA), May, 27, 1993: This is really the Dr. Kevorkian plan for our economy. It will kill jobs, kill businesses, and yes, kill even the higher tax revenues that these suicidal tax increasers hope to gain. (Congressional Record, 1993, Page: H2949)
Clinton's tax increases flopped? Do you just make up your facts?
...
GDP only grew 3.3%, and wages FELL after the tax increases.. Do people's income not matter to you, or are you all concerned with ONLY the federal government? .
Last edited by CaseyB; 03-28-2013 at 03:22 PM..
Reason: name calling
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"everybody getting reported now.."
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Location: Pine Grove,AL
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Quote:
Originally Posted by pghquest
Which is still lower than 2007 revenues
Hell, you quoted them a few pages ago, now you're playing dumb again.
December is the only month in 2007 that is included in the recession, the year you should be using is 2008 and 2009.
my point stands. Recessions didnt cause the dip in revenue tax cuts did.
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