Mudcat Café Message Lyrics & Knowledge Personal Pages Record Shop Auction Links Radio & Media Kids Membership Help
The Mudcat Cafeawe

User Name Thread Name Subject Posted
Arne BS: Oh no!....Say it ain't so!! (106* d) RE: BS: Oh no!....Say it ain't so!! 12 Jul 06


Blather and spin all you want to. The facts are very simple to understand:

Taxes have been cut and tax revenues are up.

Here ya go:
In remarks on July 11 touting revised deficit projections in the Mid-Session Review of the Budget, President Bush once again claimed that tax cuts pay for themselves:
"Some in Washington say we had to choose between cutting taxes and cutting the deficit….Today’s numbers show that that was a false choice. The economic growth fueled by tax relief has helped send our tax revenues soaring. That’s what has happened."[1]

These remarks mirror previous statements by the President, the Vice-President, and key Congressional leaders that the increase in revenues in 2005 and the increase now projected for 2006 prove that tax cuts "pay for themselves" " that the economy expands so much as a result of tax cuts that it produces the same level of revenue as it would have without the tax cuts.[2]

Economists and budget analysts outside of the administration have explained that these claims are not supported by data or economic theory.[3] Now a Department of Treasury analysis presented in the Mid-Session Review itself confirms what outside experts have consistently said " tax cuts do not come remotely close to paying for themselves.

Post to this Thread -

Back to the Main Forum Page

By clicking on the User Name, you will requery the forum for that user. You will see everything that he or she has posted with that Mudcat name.

By clicking on the Thread Name, you will be sent to the Forum on that thread as if you selected it from the main Mudcat Forum page.
   * Click on the linked number with * to view the thread split into pages (click "d" for chronologically descending).

By clicking on the Subject, you will also go to the thread as if you selected it from the original Forum page, but also go directly to that particular message.

By clicking on the Date (Posted), you will dig out every message posted that day.

Try it all, you will see.