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To: expat_panama

We also typically have tax cuts coming out of recessions. The question is this: How do the recoveries coming out of recessions in which taxes were cut compare to those in which taxes were left unchanged or even raised? You saw the same GDP growth rates coming out of the 91-92 period, after taxes were raised.


114 posted on 02/03/2006 8:28:43 AM PST by eraser2005
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To: eraser2005
We also typically have tax cuts coming out of recessions.

We were already well out of the recession when the Bush 2003 tax cuts occurred.

119 posted on 02/03/2006 8:34:04 AM PST by Toddsterpatriot (Why are protectionists so bad at math?)
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To: eraser2005
You saw the same GDP growth rates coming out of the 91-92 period, after taxes were raised.

So if the growth rates are the same coming out of recessions regardless whether taxes are cut or not, cut my damn taxes.

128 posted on 02/03/2006 8:40:20 AM PST by 1rudeboy
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To: eraser2005
You saw the same GDP growth rates coming out of the 91-92 period, after taxes were raised.
value.

Your statement was: 

"revenues also increase from natural economic growth. The question is what impact do they have in relation to the alternative (no cut)?"

I understood we were talking about the effect of rate cuts on revenue and not the effect of rate cuts on economic expansion.    The long term definitely has rate cuts bringing in increased revenue.  In the short term rate hikes either trimmed or at least slowed down revenue growth; the "91-92 period" is no exception. 

If that's not what you were saying then we can also look at the effect of tax rate cuts on economic expansion.

155 posted on 02/03/2006 9:14:38 AM PST by expat_panama (There's a million kinds of people-- them that understands numbers, and the rest of us.)
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