Pelosi- More Taxes

[RIROCKHOUND]

Buckman. Curious as to source of numbers...
Historical Federal Receipt and Outlay Summary

[buckman]

Originally Posted by RIROCKHOUND

Buckman. Curious as to source of numbers...
Historical Federal Receipt and Outlay Summary

I will find it for you. The figure is based on all revenue. Not on just
tax revenue.

[zimmy]

Originally Posted by buckman

Total BS!! Federal Receipts have gone up every year.

Originally Posted by buckman

I will find it for you. The figure is based on all revenue. Not on just
tax revenue.

Your numbers aren't federal receipts/revenues. They also aren't "all revenue" for the federal government. The revenue of the federal government is what is in the data table. Whatever the numbers you posted are, they have mislead you. No matter how it is spun, federal tax rates are pretty much as low as they have been in 60 or 70 years. As a result of the recession, fed revenues dropped.

[buckman]

Originally Posted by zimmy

Your numbers aren't federal receipts/revenues. They also aren't "all revenue" for the federal government. The revenue of the federal government is what is in the data table. Whatever the numbers you posted are, they have mislead you. No matter how it is spun, federal tax rates are pretty much as low as they have been in 60 or 70 years. As a result of the recession, fed revenues dropped.

You are right. My numbers are total government revenue which includes state and local. All the same to me.

Here is the site.
Government Revenue Details: Federal State Local for 2008 - Charts

Not sure how you come up with the 60/70 year thing though

[zimmy]

Originally Posted by buckman

Not sure how you come up with the 60/70 year thing though

This graph shows taxes relative to gdp, which is one of the clearest ways to compare year to year, decade to decade. Blue is fed tax, red state, green business. There are many ways it can be compared, from total tax burden to effective rates. They all come out pretty much the same. Any honest comparison shows that taxes are effectively on the low end of where they have been since 1940. The gdp graph can't give you specific tax rates though. For example, taxes are lower now than they were a couple years ago, but as a percent of gdp, they are a slightly higher percent due to a decrease in gdp from the recession. This website has a whole pile of graphs, which give a pretty good overview of past values and projections of the near future. The analysis of the data is somewhat biased though, and makes a bunch of assumptions that may or may not be true.
THE HISTORY OF TAXES: Here's How High Today's Rates Really Are - Business Insider

[buckman]

Originally Posted by zimmy

This graph shows taxes relative to gdp, which is one of the clearest ways to compare year to year, decade to decade. Blue is fed tax, red state, green business. There are many ways it can be compared, from total tax burden to effective rates. They all come out pretty much the same. Any honest comparison shows that taxes are effectively on the low end of where they have been since 1940. The gdp graph can't give you specific tax rates though. For example, taxes are lower now than they were a couple years ago, but as a percent of gdp, they are a slightly higher percent due to a decrease in gdp from the recession. This website has a whole pile of graphs, which give a pretty good overview of past values and projections of the near future. The analysis of the data is somewhat biased though, and makes a bunch of assumptions that may or may not be true.
THE HISTORY OF TAXES: Here's How High Today's Rates Really Are - Business Insider

Thanks Zimmy

[justplugit]

Don't need to read a chart to know that raising taxes
would mean more Govt. growth, like adding another 147,000
Govt. jobs since stimulus.

Cut current Govt. 10% across the board and use tax increase
to pay down the debt only, and I have no problem with it.

After 3+ years we still don't have a budget. Imagine a household
or business without a budget? Simple, ya can't spend more than you have
without going broke.

[zimmy]

Originally Posted by buckman

You are right. My numbers are total government revenue which includes state and local. All the same to me.

Here is the site.
Government Revenue Details: Federal State Local for 2008 - Charts

The website you linked shows total revenue in 2007 at 5.2 trillion. Each year since then has been lower. Based on trickle down economics and conservative dogma, revenues should have increased after the Bush tax cuts.