Tax cuts lead to record revenue increases!
The AP is reporting (here) that surging revenue has lead to a $162 billion reduction in the deficit. "We're ahead of projections now," President Bush is quoted (in the article) as saying. What caused this surge in revenue, you might ask? The increase in revenue came from those "evil" corporations that don't pay their "fair share". It seems that those unfair "tax cuts for the rich" actually cause the rich to pay MORE in taxes this year, not less! Sigh....what is it going to take for our esteemed friends on the left to learn this simple truth!
posted by The Lady Logician at 5:24 PM permalink
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