Quote:
Originally Posted by aceventura3
Also, I am not really clear on the issue you are responding to. My main point here is that regardless of what many have said, the Bush tax cuts for the "rich" has not resulted
in them paying less. The data you give seem to be regarding the "supply side" argument.
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ace....the CBO, the Congressional Joint Committee on Taxation, Bush's Council of Economic Advisers all report that the Bush tax cuts resulted in less revenue...they cant "prove" but attribute it primarily to the fact the cuts were heavily weighed towards the "rich" and the "rich" payed less than they would otherwise have paid. (ie what they paid pre-2001).
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The bonus of the "fact check" is that it also debunks the supply side myth.