Wednesday, December 1, 2010

Taxes As A Percent of GDP Always Come In Near 19%

SEE HERE Sorry but the data doesn't bear out the claims of the various pundits. When taxes increase the economy contracts and you get 19% of a contracted economy (yeah, less money), and when taxes decrease the economy expands and you get 19% of an expanded economy (yeah, more money) ... but as I've said before then the irresponsible buzzards that run the government spend everything and more so that the deficit continues to go up. In fact, in expansionary times that act like growth will never end so spend even more. Someone needs to teach the American people some economics so we can get out of this nonsense. COMMENT

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