Moot
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Thanks, for showing that chart because it shows that the more taxes the rich paid, the more revenue there was and backs up what I said, revenues come from taxes.Unfortunately that is not correct.
Interesting, the chart shows spending increased during Republican presidencies and went down during Democrat presidencies. Also worth noting is that revenue decreased under Republican presidencies largely due to tax cuts for the wealthy. Alan Greenspan warned congress clear back in 2004 that the Bush tax cuts would only work if they cut spending....instead congress increased it and created a $12 trillion debt. That would highly suggest that the wealthy's taxes need to be raised back up and spending decreased back to the level it was in the 1990s to help create an equilibrium in the revenue to spending ratio.Marginal rates actually have a small effect on revenue. What does have large direct impact is GDP growth and the relative size of government. Because government does not tax itself the same way that it taxes corporations and workers, the larger the share of GDP government takes, the less is available for tax-farming.
If you want to increase revenues, therefore, you need strong pro-Growth policies that at the same time reduce the Federal Government relative to GDP.