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

[JimH52]

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

Really?? How did the tax cuts for the wealthy during the early portion of W's administration work out? Oh yeah, we are still trying to crawl out of that hole.

 

[buckeye45_73]

Mr. Hungerford, a specialist in public finance who earned his economics doctorate from the University of Michigan, has contributed at least $5,000 this election cycle to a combination of Mr. Obama’s campaign, the Democratic National Committee, the Democratic Senatorial Campaign Committee and the Democratic Congressional Campaign Committee.


Gee I wonder why the republicans may not buy this paper.......I love how libtards try to pass this stuff off.....I know most of their voters cant read, but conservatives cand and this is easy to find right at the bottom, AND it's an article from the NYTimes.....hmmmmm

 

[peach174]

Nonpartisan Tax Report Withdrawn After G.O.P. Protest - Yahoo!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WASHINGTON — The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate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 Senator Charles E. Schumer, Democrat of New York, cited the study a week and a half after it was withdrawn in a speech on tax policy at the National Press Club.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? Sooner or later, voters will finally catch on to the shell game that the GOP has been playing for decades.

You are conveniently forgetting the other two things, cut regulations and the size of government.