bwilson635 Wrote:
Jan 23, 2013 9:20 PM
We have a model - its called the Reagan years. In 1982 Reagan reluctantly agreed with a split Congress to the largest tax increase in American History. The next four years the tax revenues fell - until he got a majority in both houses and cut tax rates. Tax revenues rose dramatically over the next six years. Easily verifiable facts. We have a model: Japan. Japan for a decade tried to stimulate the economy via government spending exactly like the Democrats have tried for the past four years. Today the Japanese call that decade "The Lost Decade". We have a model: California: Since the increase in tax rates in California, California has seen a dramatic DECREASE in tax revenues. Moreover, California is seeing an exodus of citizens &jobs