Re: Tax Cuts Don't Boost Revenues

On Thu, 21 Feb 2008 04:18:32 -0800 (PST), Stevie Nichts
<nix2nichts@[EMAIL PROTECTED]
> wrote:

>On Feb 20, 10:41 am, "Jorge W. Arbusto, Presidentchul Candydate"
><CleaninOutTheStab...@[EMAIL PROTECTED]
> wrote:
>> Stevie Nichts wrote:
>
>> > And how did things work out? Laffer is convinced that the
>> > reduction of the top tax rate from 70% to 28% during the Reagan
>> > years paid for itself--
>>
>> The deficit--which Reagan harped on during the presidential
debates--tripled
>> at the end of his second term.
>
>Because Congressional spending far outstripped revenues.

No, because the bullheaded, greedy sonofa***** wanted
to funnel as much money to his wealth cronies as
possible

The "expenditures" were spent on PEOPLE---NickedLoon.

His "revenue reward" was the money from Defense
spending.

Those billions spent making weapons----someone had to
"make them"---that generates revenue.

The economic theories of "trickle down" were failures

Still are.