>>All youve shown in your current chart and statements is an inability to read what is in front of you. The chart shows revenue from households averaged over the number of households. And it shows the Clinton tax hikes extracted more from households.
What is does not show is the revenue from businesses.<<
We were talking about whether tax cuts increase revenue. We’ve had two Presidents cut taxes and both times revenues went down.
That’s all I’ve discussed in this thread - the effect of tax cuts under the current American outlook. Tax cuts do not increase revenue.
I guess the government is feeding the New York Times disinformation:
http://www.nytimes.com/2005/07/13/business/13deficit.html?ex=1188792000&en=8eaa66b084633124&ei=5070
and more recently:
Tax revenues are climbing twice as fast as the administration predicted in February, so fast that the budget deficit could actually decline this year.
The main reason is a big spike in corporate tax receipts, which have nearly tripled since 2003, as well as what appears to be a big increase in individual taxes on stock market profits and executive bonuses
Government spending under Mr. Bush continued to climb rapidly this year, more than twice as fast as the economy. Spending on the war in Iraq has accelerated, to about $120 billion this year.
There is plenty of data and evidence that revenues have increased since Bush took office. How you can say otherwise is still a mystery despite your attempts.