[central_va]

Recession caused receipts to fall, not tax cuts. 2001-2002 recession.

[Wayne07]

Receipts were still below pre-tax cut levels in 2003, 2004, and 2005. The fact that we had a tax cut, and a recession is the point: the economy is a lot more complicated than the tax rate. Keeping it real, if you cut the tax rate in you will collect less money. I'm fine with that, I want the government to have less money. But cutting taxes isn't some magic wand that will always give both taxpayers AND the government more money.

Even if you look at the Laffer Curve, there is a point where cutting taxes reduces revenue, and doesn't do anything for growth.