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

**Dertrioz** · 06-25-2011, 06:06 PM

From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history.

After dropping to record lows in 2002 until 2004. I note how you for got to say that.

Then yes, revenue increased from 2004 until 2007, then fell in 2008 and again in 2009 (which was still Bush as the budget of 2009 was done in 2008 under his administration. In 2009 the revenue pulled in was less than 2003 or 2004. Nice of you to omit that part.

Here's more on that lie of omission:

http://mediamatters.org/research/201106170009

I guess that is why conservatives cherry pick their "facts" and figures" to make it fit what they want. 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 Because the increase in revenue was still less than the last 4 years of the Clinton administration.

I thought you were going to use that line. Glad you did as it is so easy to show how wrong and cherry picked it was.

Try again.

06-25-2011, 06:06 PM	#39
Dertrioz Join Date Oct 2005 Posts 470 Senior Member	From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. After dropping to record lows in 2002 until 2004. I note how you for got to say that. Then yes, revenue increased from 2004 until 2007, then fell in 2008 and again in 2009 (which was still Bush as the budget of 2009 was done in 2008 under his administration. In 2009 the revenue pulled in was less than 2003 or 2004. Nice of you to omit that part. Here's more on that lie of omission: http://mediamatters.org/research/201106170009 I guess that is why conservatives cherry pick their "facts" and figures" to make it fit what they want. 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 Because the increase in revenue was still less than the last 4 years of the Clinton administration. I thought you were going to use that line. Glad you did as it is so easy to show how wrong and cherry picked it was. Try again.
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