DiamondDave
Army Vet
- Jun 30, 2008
- 18,169
- 2,825
You are an economic illiterate. Raising taxes (especially in a poor economy) results in less tax revenue overall.
You guys have been spewing the supply side, Laffer Curve bullshit for 30 years.
All the way back to Reagan, who said it, and he tripled the national debt.
Then Clinton came along, raised taxes on the wealthy, and guess what, we had balanced budgets. And Peace. And Prosperity. And the worst thing we had to worry about was whether Clinton lied about a blow job.
Supply side doesn't work. Trickle down doesn't.
Idiot... tax revenue from the tech boom boosted revenues.. and the tech boom happened in SPITE of the tax increases, not because of them