I was not going to post Here Anymore

[RIROCKHOUND]

Originally Posted by Jim in CT

Tax revenues collected, hit an all time high after the Bush tax cuts. Tax revenues did not decrease. Not sure you can say for sure, that higher tax rates would have resulted in higher tax revenues collected.

That isn't that simple, and you know it.
http://www.politifact.com/punditfact...rose-after-bu/
Posted from my iPhone/Mobile device

[Jim in CT]

Originally Posted by RIROCKHOUND

That isn't that simple, and you know it.
http://www.politifact.com/punditfact...rose-after-bu/
Posted from my iPhone/Mobile device

Tax rates went down.

After that, tax dollars collected went up.

I understand numbers, and I know you can slant them, adjust them, index them to make them say almost anything you want them to say.

But tax rates went down.

And then tax revenues went up.

Would tax revenues have been higher if tax rates were higher? I don't know.

What do we know?

We know tax rates went down, and that then revenues went up

Bryan, when the cost of something goes down, the demand for that something goes up. That applies whether that 'something' is televisions, widgets, or even wealth.