Oct 07, 2012 9:06 AM
And AGAIN for the slow.
Lowering tax RATES leads to INCREASES in tax REVENUE..
And that's a problem I have with most politicians.
Some talk about lowering taxes, and some talk about raising taxes, but they NEVER say RATES or REVENUES.
The following is a chart (that you can manipulate to get ANY range of years for tax revenue.
Thos one shows JFK tax rate reductions-revenues for 1960- 1970.
http://www.usgovernmentrevenue.com/revenue_chart_1960_1970USb_13s1li111mcn_10t