Saturday, December 01, 2012

The evil Bush tax cuts in one graph

Let's take a look at federal spending versus its receipts from the last two years of Bill Clinton, all eight years of G. W. Bush, and four years of Barack Obama:

George W. Bush and supporters of the tax cut said federal revenue would go up after passing the cuts and it appears it did...

In fact, federal receipts reached Clinton-era levels without Clinton-era tax rates in 2006, not long after all the cuts went into effect (passed in 2001 and 2003, they were tweaked with in 2005)...

In other words, tax cuts grow revenue to the government.

That said, the next time Democrats take facts, logic and reason into account when setting policy will be the first time.


Matthew W said...


You still think that facts will work when talking to Obmatrons??

The MUSEman said...

Nice chart, but if you show this to a Liberal they will agree with you that the problem is government spending.

In fact, they may even mention that Joe Biden agrees with you:
"‘What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?’” Biden said. “The answer is yes, that's what I’m telling you.” - Joe Biden, July 2009, AARP Town Meeting.

See? You already agree with them that spending is a problem... why can't you just agree with them on taxes?

The logic of the Liberal ;-)

Thanks for reading!

Lars Bars said...

look at trend line starting with 2000. That be George w. Extrapolate till the present. That be Obumma. Almost the same just a blip up for the stealumust but the slope is only slightly higher. Hey BJ Clitlicker said the era of bigger government is over. He lies as they all do