Sunday, October 28, 2012

Why Do We Need Higher Taxes on Anybody?

Government revenue as a percentage of GDP is 35%.  It was only higher four times, ever, all in the past fourteen years.

Actual revenue is as high as it's ever been. 

We don't have a revenue problem, we have a spending problem.  If anything we need to lower taxes to stimulate economic activity, as well as cut spending dramatically to eliminate the deficit.

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