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To: Al B.
“What does that record say? It says, loud and clear, that cuts in tax rates do not mean cuts in tax revenues. In all four of these administrations, of both parties, so-called “tax cuts for the rich” led to increased tax revenues — with people earning high incomes paying not only a larger sum total of tax revenues, but even a higher proportion of all tax revenues.

And in the last two cases the cuts led to large deficits. Tax cuts are only half the answer. Spending cuts need to go hand-in-hand with them. I notice that Palin didn't talk about that.

50 posted on 12/01/2010 7:27:23 AM PST by Non-Sequitur
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To: Non-Sequitur
Spending cuts need to go hand-in-hand with them. I notice that Palin didn't talk about that.

Because the issue at hand before the lame-duck session is taxes.

Sarah Palin has talked plenty about cutting spending and you know it.

51 posted on 12/01/2010 7:44:30 AM PST by Al B.
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To: Non-Sequitur

“Non-Sequitor” is claiming that tax cuts that led to increased revenues “caused” deficits? Speaking of, well, non sequiturs...


59 posted on 12/01/2010 12:12:58 PM PST by 9YearLurker
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