Why won't Liberals understand?

You stopped at 2007...Why? Oh, that's because the revenues WENT DOWN, AND THEY'VE BEEN GOING DOWN FOR PAST TWO YEARS!!!!! Obama has CUT taxes this past year, and are the revenues going up? NO!!!!!

Let me explain something to you...Tax rates has next to nothing to do with economy if kept at a reasonable level. Playing around with a 3% tax cut here and there doesn't do squat, positive or negative.

look at a c hart of the US economy

http://www.economics-charts.com/gdp/gdp-1929-2004....

there was more revenue even though the taxes were cut because the economy was bigger 5% of 100 is more than 6% of 80 that is a fact. But when the economy has shrunk as it has today, 5% of 60 will be less than 6% of 80.

THINK!

No they don't and your chart doesn't prove it either. Revenue went up every year. In the years since the tax cut revenue did go up but not enough to cover the loss in taxes from the cut nor enough to pay for increased spending.

There is much ore to say on this issue here:

http://www.cbpp.org/cms/?fa=view&id=165

It's been proven the other way as well:

http://mydd.com/users/bonddad/posts/tax-cuts-raise...

There are several problems with this idea and its implementation.

There is no way to derive this model from any set of existing data. Supply and Demand, marginal cost equaling marginal revenue and all other bedrock economic concepts can be derived from existing data. The Laffer Curve can't be derived from existing data. Ever notice that whenever the Republicans start talking about tax cuts they never say "according to the data, a cut of this magnitude will increase revenue this much"? That's because they can't. Theories are nice, but if reality can't back-up the theory, the theory probably doesn't exist in reality. The scientific method prevents the acceptance of a theory which reality cannot substantiate.

The underlying assumption is taxes are always too high. The assumption of all Republican ideologues is taxes are always to the right of the semicircle's apex. Therefore, lowering taxes will increase revenue. What they forget to mention is according to the Laffer curve, if tax rates are left of the apex, lowering taxes could also decrease revenue. Because there is no way to extrapolate any"laffer" curve from any data there is no way prove or disprove the underlying assumptions of any tax increase or decrease. Because it is easier to sell tax cuts instead of tax increases, the assumption that rates are to the right of the apex fits in with a marketing plan, but has no basis in any actual evidence.

The academic version of conservative economic theory mandates that for every cut in taxes there must be a proportionate cut in government expenditures. Note this theory does not state that tax cuts pay for themselves. Instead, they argue for a 1 for 1 reduction in tax levels and government spending. In other words, if taxes are cut 10% then government spending should be cut by 10%. The problem with the actual implementation of laffer curve ideology is at the same time Republicans cut taxes, they disproportionately increase spending creating deficits.

Reagan and Bush II have implemented laffer curve theory. The actual results from both President's terms is available from the Congressional Budget Office,the Bureau for the Public Debt and the Bureau of Economic Analysis. The actual evidence from the historical record directly contravenes RWNM assertions.

Facts are irrelevant because they want us to become a collectivist nation. The liberals run the banks, the media the commodity and stock exchanges. Liberals want to collapse our capitalist economy so that we the people will allow them to join with the other international elitists to create a global government, global courts and global banking systems. He who controls the worlds money supply controls the people of the world.

The Laffer curve disagrees with you.

There has to be some point at which lowering taxes lowers revenue.

.

Even if they do understand, tax cuts are going to keep coming as long as our economy is down.

Correlation and causation.

Look em up.

Might be surprised

Marijuana causes memory lose, and liberals are the biggest users of marijuana. That is the only explanation I can come up with, because the numbers don't lie.

You could state all the facts liberals will still deny it they are too stubborn