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To: central_va
You are talking about all federal revenue. I am saying that income tax revenue will increase if we returned to the Clinton era rates.

The increased income taxes on the wealthy will raise more income, but that could be offset by losses in jobs, investment, etc.

Again, do you dispute the CBO estimates of how much additional income tax revenue will be raised by returning to the Clinton rates for those making over 400K/450K?

94 posted on 01/02/2013 7:10:07 AM PST by kabar
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To: kabar

Yes, we will check revenues next year at this time. Raising rate NEVER increases revenue. Especially on the top income earners who hire people to make sure they pay as little as possible. We will see...


95 posted on 01/02/2013 7:26:41 AM PST by central_va ( I won't be reconstructed and I do not give a damn.)
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