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It's not remarkable that revenue increased after the Reagan cuts. Tom Send a noteboard - 17/04/2011 07:21:47 PM
The Reagan cuts didn't just cut rates; they also simplified the tax code. There were a LOT of deductions that were removed. Prior to the Tax Code of 1986, for example, individuals could deduct sales tax paid from their taxes, and so my parents saved every single receipt and added up the amounts paid, then deducted that from their taxes.

A lot of loopholes were closed with respect to real estate investments as well.
Political correctness is the pettiest form of casuistry.

ἡ δὲ κἀκ τριῶν τρυπημάτων ἐργαζομένη ἐνεκάλει τῇ φύσει, δυσφορουμένη, ὅτι δὴ μὴ καὶ τοὺς τιτθοὺς αὐτῇ εὐρύτερον ἢ νῦν εἰσι τρυπώη, ὅπως καὶ ἄλλην ἐνταῦθα μίξιν ἐπιτεχνᾶσθαι δυνατὴ εἴη. – Procopius

Ummaka qinnassa nīk!

*MySmiley*
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Several basics facts about US Debt and Spending..... trzaska2000 - 16/04/2011 04:41:55 AM 1440 Views
Well ... at least we've been here before ... ? The_Muted_Grimaud - 16/04/2011 06:41:00 AM 947 Views
Guess we should have okay'd those death panels for old people then. Big money saver. *NM* TaskmasterJack - 16/04/2011 03:38:00 PM 488 Views
Yeah, those old people are draining the system..... trzaska2000 - 16/04/2011 06:57:59 PM 979 Views
You're already worse off than much of Europe, honestly. Legolas - 16/04/2011 04:08:37 PM 1076 Views
Re: You're already worse off than much of Europe, honestly. Tihs Tnuc - 17/04/2011 01:33:31 AM 1080 Views
Balancing our budget would be easy. ranagrande - 16/04/2011 06:46:32 PM 908 Views
Several of those aren't as easy as you make it sound, but the import tax is a big no-no. Legolas - 16/04/2011 07:34:30 PM 1127 Views
Also on the buying drugs from Canada idea Isaac - 16/04/2011 08:17:26 PM 1011 Views
Re: Also on the buying drugs from Canada idea Macharius - 18/04/2011 01:59:44 PM 1061 Views
Re: Also on the buying drugs from Canada idea Isaac - 18/04/2011 05:16:14 PM 1236 Views
Funny you mentioned WWII and 1968. Can you put tax rates at these times as well? Skeeve the Great - 16/04/2011 07:50:09 PM 1368 Views
Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. *NM* Legolas - 16/04/2011 08:25:26 PM 434 Views
Re: Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. Skeeve the Great - 16/04/2011 09:19:40 PM 1042 Views
Have you ever looked at those projections for a decade or two hence? Legolas - 16/04/2011 10:13:12 PM 993 Views
Yes I have Skeeve the Great - 16/04/2011 10:44:50 PM 1143 Views
Erm, and you think total health care spending is not getting out of control? I'm a little confused. Legolas - 16/04/2011 11:02:52 PM 1067 Views
Yes it's going out of control Skeeve the Great - 16/04/2011 11:17:59 PM 1039 Views
Good, we agree on that much then. Legolas - 17/04/2011 09:59:17 AM 977 Views
Exactly. Cutting back on fraud and waste doesn't really put much of a dent in those projections. *NM* Tom - 17/04/2011 02:31:13 AM 417 Views
Sorry, but that is a stupid opinion..... trzaska2000 - 16/04/2011 08:38:35 PM 975 Views
Sounds like another bull. Skeeve the Great - 16/04/2011 09:31:05 PM 1217 Views
Dude, the data is the data.....tax revenue increased all three times. trzaska2000 - 16/04/2011 09:47:37 PM 1208 Views
As I suspected, it's a bull. Skeeve the Great - 16/04/2011 10:02:05 PM 1103 Views
Stop being a fool - read and react to the data provided, posting something..... trzaska2000 - 16/04/2011 10:14:11 PM 856 Views
Response is Skeeve the Great - 16/04/2011 10:19:00 PM 1079 Views
Good lord.....it's like talking to a brick. I really hope you are 12 or 13. trzaska2000 - 16/04/2011 10:28:44 PM 1077 Views
Re: Good lord.....it's like talking to a brick. I really hope you are 12 or 13. Skeeve the Great - 16/04/2011 10:47:24 PM 1024 Views
I take it you mean "rate of revenue growth decreases". Legolas - 16/04/2011 11:11:19 PM 952 Views
Re: I take it you mean "rate of revenue growth decreases". Skeeve the Great - 16/04/2011 11:26:02 PM 1085 Views
Additional point Skeeve the Great - 16/04/2011 11:37:17 PM 1079 Views
It's not remarkable that revenue increased after the Reagan cuts. Tom - 17/04/2011 07:21:47 PM 1260 Views
I've just noticed that you've provided charts from Heritage Foundation! Are you f.. kidding me? Skeeve the Great - 16/04/2011 10:13:46 PM 947 Views
All the data is via CBO - do you know that the CBO is? trzaska2000 - 16/04/2011 10:16:08 PM 961 Views
Re: All the data is via CBO - do you know that the CBO is? Skeeve the Great - 16/04/2011 10:27:01 PM 1078 Views
Nice try.....care to explain why the same exact thing happened..... trzaska2000 - 16/04/2011 10:35:44 PM 897 Views
Re: Nice try.....care to explain why the same exact thing happened..... Skeeve the Great - 16/04/2011 10:49:33 PM 1041 Views
Krugman is a shill for the Obama administration. Tom - 17/04/2011 02:34:50 AM 892 Views
Re: Krugman is a shill for the Obama administration. Skeeve the Great - 17/04/2011 03:50:24 AM 1116 Views
Some obesrvations by Republican economists Skeeve the Great - 18/04/2011 12:27:04 AM 1260 Views
You mean the Keynesian economist who wrote The Failure of Reaganomics random thoughts - 18/04/2011 04:00:52 PM 918 Views
Re: You mean the Keynesian economist who wrote The Failure of Reaganomics Skeeve the Great - 18/04/2011 05:36:44 PM 893 Views
You use Krugman and then complain about the Heritage Foundation! Are you f.. kidding me? *NM* random thoughts - 18/04/2011 02:46:47 AM 452 Views
Useless fact about our presidents since 1945. heartbreak - 17/04/2011 09:20:16 PM 1233 Views
Re: Several basics facts about US Debt and Spending..... Skeeve the Great - 20/04/2011 03:51:19 PM 1339 Views
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