Tag Archives: bush tax cuts

Those pesky facts: Tax revenues increased after the Bush tax cuts

See Did George W. Bush’s tax cuts cause Obama’s trillion dollar budget deficits?:

According to the OMB’s own figures, the Bush tax cuts resulted in an explosion of revenue to the U.S. government.

That’s not to say Bush wasn’t a profligate spender — he was. But in virtually no cases were Democrats arguing that he spend less (unless you count national security).

In fact, fiscal conservatives opposed Bush’s absurd policies on spending, amnesty and the expansion of Medicare.

But no one in world history has ever spent money like Barack Obama.

These statements are indisputable.

Which is why they are certain to be rejected by the diminishing cadre of Obama-Democrat drones, who appear to be completely immune to facts, logic and reason.

Tax receipts

Federal receipts after Bush tax cuts

Roundup

Even the NY Times — that radical Right newspaper — reports no link between disasters and “global warming.”

Hillbuzz on Liberal Myths About Taxes – read the link – lots of nice graphs. 

MYTH: The Bush tax cuts caused the deficit.

FACT: In 2002, tax revenues were $1.85 trillion. In 2007, revenues were $2.57 trillion — a 39 percent INCREASE.

MYTH: The rich don’t pay taxes.

FACT: The top 1% of income earners pay 40% of all federal income taxes. The top 5% pay 60%. Everyone in the $200,000 plus tax bracket pays MORE than one fourth of their adjusted gross income in federal taxes. They almost certainly also coughed up a great deal in state and local taxes as well.

MYTH: People who object to the Obama-Pelosi-Reid agendas are right-wing extremists.

FACT: People who agree with Obama, Pelosi and Reid are left-wing extremists.

Planned Parenthood spent $638k to fight Alaska’s parental notice initiative – wow!  They really, really don’t like the idea of parents being informed that they grandchildren are going to be destroyed and that their children are going to undergo a surgery that has serious medical and emotional risks.  But you still need to jump through many hoops so your kids can take an Advil at school.  Aren’t you glad that Planned Parenthood gets hundreds of millions of dollars in taxpayer funding? 

Outsourced Call Centers Return, To U.S. Homes – What?!  You mean if wages inevitably rise in other countries when jobs shift there, and if you offer better quality locally, that businesses might reconsider where to source their labor?  The “Invisible Hand” works, again.  I heart capitalism.  Hat tip: Total Transformation (he’s back!)

False teachers like Jim "the Gospel is all about wealth redistribution" Wallis and Chuck “Jesus is not the only way” Currie support the NYC Mosque and demonize those who dare criticize it, so they should be going ballistic over this:  Obama’s Hometown, Vastly Democratic Chicago, Denies Permit To Mosque : Stop The ACLU.  Why do the conservative, bigoted hate-mongers in Chicago oppose the freedom of religion of these Muslims?  Remember, the situation in New York is merely the right of citizens to exercise free speech in criticizing the Mosque location.  In Chicago, it is the government denying the freedom of the Muslims. 

More importantly, why don’t wolves in sheep’s clothing like Jim Wallis and Chuck Currie stand up for the Muslims in the racist and conservative city of Chicago?  Hey, isn’t that where the President is from?  The answer, obviously, is that they are hypocritical fakes.

Remember, the situation in New York is merely the right of citizens to exercise free speech in criticizing the Mosque location.  In Chicago, it is the government denying the freedom of the Muslims.