-- Growing tax receipts, I suspect, are usually due to a growing economy. --
Just like the greater loot of a robber is due to robbing wealthier banks.
-- Unfortunately a lot of the growth was financed with too much leverage. --
Now, that is very true. Especially hte growth of government.
-- Do taxpayers change their economic behavior because of a 3% tax decrease? --
You tell me - does your purchasing habits change when you have more of your money in your pocket? Think hard.
-- Actually, for most Americans I think the opposite is true. Say there is a 10% tax increase. People will not work less, people will work more. --
What an extraordinarily callous thing to say. And you call yourself "bleeding heart"?