A little dated but it labels when the tax cuts and hikes were implemented: Source Up to date tax revenue numbers: Tax Policy Center Really, everyone knows cut taxes, cut revenues. Christ, even Laffer said so!
What you're doing is no different than trying to convince overweight "freedom fries" lovers that it's not good for them. And you're standing between them and their ketchup.
what you are doing is feeding compost to the low liberals who do not even realize they are eating b.s. we want tax revenue as a percent of gdp to go down. if you look at countries with big growth the govt sector is a much smaller part of the economy.
You are referring to this data? http://en.wikipedia.org/wiki/List_of_countries_by_tax_revenue_as_percentage_of_GDP
yes... look at countries who are growing... say china with countries like ours and the other developed countries who are stagnant or look at our history when we were growing.
Reagan! Reagan! Reagan! Growth in per capita real GDP from 1950 to 1980: 2.2 percent per year Growth in per capita real GDP from 1980 to 2007: 2.0 percent per year Oh, and if we look at real median family income instead, we get: Growth from 1950 to 1980: 2.3 percent per year Growth from 1980 to 2007: 0.7 percent per year ---------- For some reason, the higher taxes incurred by those in the 1950-1980 period saw higher growth rates in GDP and real median family income than in the 1980-2007 period. China, Qatar,etc.. are not growing specifically because of their lower tax rates....
1. There were massive deductions in the 50s. 2. We were 25% of the world economy in the post war boom. 3. We are half that now. 4. GDP = C + I + G + (X-M) G stands for govt spending... so I am not really sure what you are trying to say. You seem to show runaway govt spending destroys private earnings.
lets not forget the point of this thread...proven out of brass link to slsate magazine. After the tax cuts, tax revenues went up.