GOP demands nonpartisan report debunking their tax cut theory be taken down...

JimH52

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Oct 14, 2007
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Nonpartisan Tax Report Withdrawn After G.O.P. Protest - Yahoo! Finance

WASHINGTON — The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate Republicans raised concerns about the paper’s findings and wording.

The decision, made in late September against the advice of the agency’s economic team leadership, drew almost no notice at the time. Senator Charles E. Schumer, Democrat of New York, cited the study a week and a half after it was withdrawn in a speech on tax policy at the National Press Club.

But it could actually draw new attention to the report, which questions the premise that lowering the top marginal tax rate stimulates economic growth and job creation.

“This has hues of a banana republic,” Mr. Schumer said. “They didn’t like a report, and instead of rebutting it, they had them take it down.”

The entire GOP strategy is based on the premise that tax cuts stimulate the economy. If that is untrue, what do they have left?:clap2: Sooner or later, voters will finally catch on to the shell game that the GOP has been playing for decades.
 
That dang ideology bite'n them Republicans in the ass once again.


shocker
 
That dang ideology bite'n them Republicans in the ass once again.


shocker

Yeah, but since they have all signed a "No Tax increase" agreement, they will continue to push their lies and falsehoods...I am beginning to feel sorry for the clueless wonders.
 
It is a demonstrable fact of history that every major tax cut in the last 100 years has been followed by prolonged economic growth and by an increase--yes, an increase--in federal revenue. This happened after the Harding tax cuts, the JFK tax cuts, the Reagan tax cuts, the Clinton tax cuts, and the Bush tax cuts.

The Facts About Tax Cuts, Revenue, and Growth
http://www.mtgriffith.com/web_documents/taxcutfacts.htm
 
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Nonpartisan Tax Report Withdrawn After G.O.P. Protest - Yahoo! Finance

WASHINGTON — The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate Republicans raised concerns about the paper’s findings and wording.

The decision, made in late September against the advice of the agency’s economic team leadership, drew almost no notice at the time. Senator Charles E. Schumer, Democrat of New York, cited the study a week and a half after it was withdrawn in a speech on tax policy at the National Press Club.

But it could actually draw new attention to the report, which questions the premise that lowering the top marginal tax rate stimulates economic growth and job creation.

“This has hues of a banana republic,” Mr. Schumer said. “They didn’t like a report, and instead of rebutting it, they had them take it down.”

The entire GOP strategy is based on the premise that tax cuts stimulate the economy. If that is untrue, what do they have left?:clap2: Sooner or later, voters will finally catch on to the shell game that the GOP has been playing for decades.

another in a long unbroken string of fail threads by you.

The article says nothing about why the GOP insisrted it be taken down. The reason was i'm sure, that the report was a lie.
 
It is a demonstrable fact of history that every major tax cut in the last 100 years has been followed by prolonged economic growth and by an increase--yes, an increase--in federal revenue. This happened after the Harding tax cuts, the JFK tax cuts, the Reagan tax cuts, the Clinton tax cuts, and the Bush tax cuts.

The Facts About Tax Cuts, Revenue, and Growth
The Facts About Tax Cuts, Revenue, and Growth

liberals don't like facts, you're wasting your breath. Just point and laugh like I do.
 
Nonpartisan Tax Report Withdrawn After G.O.P. Protest - Yahoo! Finance

WASHINGTON — The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate Republicans raised concerns about the paper’s findings and wording.

The decision, made in late September against the advice of the agency’s economic team leadership, drew almost no notice at the time. Senator Charles E. Schumer, Democrat of New York, cited the study a week and a half after it was withdrawn in a speech on tax policy at the National Press Club.

But it could actually draw new attention to the report, which questions the premise that lowering the top marginal tax rate stimulates economic growth and job creation.

“This has hues of a banana republic,” Mr. Schumer said. “They didn’t like a report, and instead of rebutting it, they had them take it down.”

The entire GOP strategy is based on the premise that tax cuts stimulate the economy. If that is untrue, what do they have left?:clap2: Sooner or later, voters will finally catch on to the shell game that the GOP has been playing for decades.

This is the consequence of blind adherence to economic (political) dogma; clearly a pragmatic, comprehensive approach is best.

It’s also indicative of dogmatic conservatives unwilling to compromise, unwilling to listen to other opinions, opinions which might actually provide solutions to our economic issues.
 
Nonpartisan Tax Report Withdrawn After G.O.P. Protest - Yahoo! Finance

WASHINGTON — The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate Republicans raised concerns about the paper’s findings and wording.

The decision, made in late September against the advice of the agency’s economic team leadership, drew almost no notice at the time. Senator Charles E. Schumer, Democrat of New York, cited the study a week and a half after it was withdrawn in a speech on tax policy at the National Press Club.

But it could actually draw new attention to the report, which questions the premise that lowering the top marginal tax rate stimulates economic growth and job creation.

“This has hues of a banana republic,” Mr. Schumer said. “They didn’t like a report, and instead of rebutting it, they had them take it down.”

The entire GOP strategy is based on the premise that tax cuts stimulate the economy. If that is untrue, what do they have left?:clap2: Sooner or later, voters will finally catch on to the shell game that the GOP has been playing for decades.

This is the consequence of blind adherence to economic (political) dogma; clearly a pragmatic, comprehensive approach is best.

It’s also indicative of dogmatic conservatives unwilling to compromise, unwilling to listen to other opinions, opinions which might actually provide solutions to our economic issues.


I don't see the democrats as willing at all to cooperate or compromise on spending cuts. Hell, they scream like stuck pigs every time the repubs ask for it.
 
Nonpartisan Tax Report Withdrawn After G.O.P. Protest - Yahoo! Finance

WASHINGTON — The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate Republicans raised concerns about the paper’s findings and wording.

The decision, made in late September against the advice of the agency’s economic team leadership, drew almost no notice at the time. Senator Charles E. Schumer, Democrat of New York, cited the study a week and a half after it was withdrawn in a speech on tax policy at the National Press Club.

But it could actually draw new attention to the report, which questions the premise that lowering the top marginal tax rate stimulates economic growth and job creation.

“This has hues of a banana republic,” Mr. Schumer said. “They didn’t like a report, and instead of rebutting it, they had them take it down.”

The entire GOP strategy is based on the premise that tax cuts stimulate the economy. If that is untrue, what do they have left?:clap2: Sooner or later, voters will finally catch on to the shell game that the GOP has been playing for decades.

This is the consequence of blind adherence to economic (political) dogma; clearly a pragmatic, comprehensive approach is best.

It’s also indicative of dogmatic conservatives unwilling to compromise, unwilling to listen to other opinions, opinions which might actually provide solutions to our economic issues.
Your solutions have been tried.

They don't work. Look to Greece for proof.
 
Democrat senator (UP)Chuck Schumer compares the US to "a banana republic" if tax rates are lowered. No surprises here.
 

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