Tag Archives: federal revenue
Income Tax Revenue 1995-2008
Written by Neil Kurtzman | 2nd December 2010This is off topic, but I thought it might be interesting to anyone following the debate about income tax rates. The graph shows that income tax revenues rose about 50% following the full implementation of the Bush tax cuts in 2003. While associations do not prove cause and effect the data show that it is possible to lower taxes and have…
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