DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Geithner "We Must Raise Taxes NOT Cut Spending"

**SashaLionx** · 06-25-2011, 05:28 PM

From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts. And (bonus) the rich paid an even higher percentage of the total tax burden than they had at any time in at least the previous 40 years. This was news to theNew York Times, whose astonished editorial board could only describe the gains as a “surprise windfall.” http://www.washingtontimes.com/news/...deral-revenue/ Used to have Perotcharts on bookmark for this seems they have shut down so this will have to do. Amazing people dont know this

06-25-2011, 05:28 PM	#38
SashaLionx Join Date Oct 2005 Posts 456 Senior Member	From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts. And (bonus) the rich paid an even higher percentage of the total tax burden than they had at any time in at least the previous 40 years. This was news to theNew York Times, whose astonished editorial board could only describe the gains as a “surprise windfall.” http://www.washingtontimes.com/news/...deral-revenue/ Used to have Perotcharts on bookmark for this seems they have shut down so this will have to do. Amazing people dont know this
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