I am not mixing up anything. You are the one who needs to show tax cuts do not stimulate the economy. Look at the bush cut numbers... After Bush cut taxes revenues went up 40 percent. Now Obama just spent the crap out of things. Last I checked Revenues were still down.
OK, so things back to normal I guess. Obama lost the first debate, easily won the second. And no one will care about the third. Still 65/35 on Intrade. No big deal.
Do Tax Cuts Increase Revenue? It is a widely held belief in the U.S. that cutting tax rates actually increases government tax revenues, as people work harder to make more money, and having more money (either from working longer hours or simply because they have more income after paying lower taxes), they spend more. This increased consumption stimulates growth in the business sector of the economy, increasing business profits, allowing businesses to hire more employees, etc. and the economy grows. Economic growth then leads to more tax revenues for the government, even though taxes have been reduced. While this view has gained political currency, there is little evidence to support it. Indeed, as evident in the following graph, the evidence suggests that tax cuts do not increase revenues to the government in any meaningful way, but instead increase government deficits. Likewise, tax increases are often criticized as harmful to the economy and opponents argue that they do not actually increase government revenues. Again, the available evidence suggests that the opposite is true. Regardless of the effect of changes in tax rates on the economy, it is important to recognize that the idea that tax cuts increase government revenues while tax increases decrease them is a myth. It is equally important to recognize that in the long run, taxes are equal to government spending. Every dollar the government spends is a tax dollar -- it has no other source of revenue. The question is when that dollar will be paid, and who will pay it. The following graph, compiled by the Congressional Budget Office (but modified below to point out major pieces of tax legislation), illustrates the relationship between government tax revenues, budget deficits and changes in tax legislation over the past quarter-century. The graph is followed by a discussion summarizing the highlights of major tax legislation during this period. http://rricketts.ba.ttu.edu/Tax Rates and Revenues.htm
This article does not qualify itself for instances of economic crowding out, where certain tax cuts very well may end up growing GDP, and thus revenue.
We don't have a revenue problem. We have a spending problem. Would you trust your bank account to a whore?