[Siena Dreaming]

What he fails to point out is that the Bush tax cuts were the engine by which the economy moved so impressively during his tenure and the reason so MUCH MORE revenue came in. Bush put a large dent in the debt; when Pelosi came in things reversed.

The liars will be out in force and this guy is one big one.

[griswold3]

It should be known that at the beginning of a dynasty, taxation yields a large revenue from small assessments. At the end of the dynasty, taxation yields a small revenue from large assessments.

‘Abd-ar-Rah.mân Abû Zayd ibn Khaldûn(1332-1406)
(pre-Laffer curve)