Raising taxes CAUSED decrease in revenue...imagine that!

Discussion in 'Politics' started by asaratis, May 2, 2012.

  1. asaratis
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    asaratis Uppity Senior Citizen Gold Supporting Member Supporting Member

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    Here's an example where the federal government increased taxes and lost tax revenue.

    How could this possibly happen? Don't ALL good liberals know that tax increases will work to bring in more money.


    Smokers dodge cigarette tax by switching to pipes, cigars | wbir.com

    The shift cost the federal government $615 million to $1.1 billion in uncollected tax revenue from April 2009 to September 2011, the report said. It did not estimate how much individual states may have lost in uncollected taxes.
     
  2. DontBeStupid
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    DontBeStupid Look it up!

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    Laffer curve - Wikipedia, the free encyclopedia
     
  3. NYcarbineer
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    NYcarbineer Diamond Member

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    1994 to 2000. There's an example where the government raised taxes and revenue increased dramatically. What was your point again?
     
  4. Katzndogz
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    Katzndogz Diamond Member

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    That the dot com bubble was successful.
     
  5. Mr. Shaman
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    Mr. Shaman Senior Member

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    Yeah....sure....that's what happened. [​IMG]

    [​IMG]
    Stupid Fuckin' Teabaggers
     

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