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To: RichieRich1
After Bush passed the 2003 tax cuts in May 2003, fiscal year 2003 ended up with 15% revenue than fiscal 2002. And by fiscal 2006 revenue had increased by about 30%.

So far, federal revenue month to month has been decreasing under Obama.

Treasury Statements
http://fms.treas.gov/mts/backissues.html

5 posted on 07/11/2009 11:04:55 AM PDT by avacado
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To: avacado

But again- that’s when we were under a false bubble. It was all BS earnings anyway, of course taxes were nominally higher. We were making more, and pushing the underlying problems forward to today- where we STILL aren’t dealing with them.


6 posted on 07/11/2009 11:12:03 AM PDT by ovrtaxt (Constitutional money isn't just backed by gold and silver- it IS gold and silver.)
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