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Sorry, but I posted the revenue per BEA.gov and that shows tax revenue higher in 2004 than 2000 and that isn't 6 years. What is it about liberals that creates this kind of loyalty as well as inability to even read data.
Your right about the tax revenue being heigher in 2004, than it was in 2000 at the bea site.OMB must have a different way of looking at things. :2wave:
While you were perusing the site did you happen to notice “Line 27”? “Net government savings”, Thats’ the title. An interesting thing on that line caught my attention. In year 2000, the year before part one of the bush tax-cuts kicked in, we had positive savings of, in billions,$226.5.
In 2001 it dwindled to a savings of $ 24.6, 2002,still on the positive side though.
In 2002 we went to a negative number for the first time. $ -306.9… Whoo Doggies, the bush tax-cuts clicked in big time.:shock: 2003=$-415.2. In an attempt not to be out done 2004 brought us,$-387.8.
By the way while all of this was going on, line #2(Titled Current tax receipts) read 2000=$ 2,202.8 2001=$ 2,163.7,..2002=$ 2,002.1 …2003=$ 2,047.9 …2004, a minuscule climb up to a whopping.=$ 2,213.2,our debt went from a positive $ 226.5 to a negative of $-387.8.
Only to winger-land is this stroll down the rabbit hole looked upon as a good thing.
http://www.bea.gov/national/nipaweb...ar=2004&3Place=N&Update=Update&JavaBox=no#Mid