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

[asaratis]

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.

 

[DontBeStupid]

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.

Laffer curve - Wikipedia, the free encyclopedia

 

[NYcarbineer]

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.

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

 

[Katzndogz]

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.

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

That the dot com bubble was successful.

 

[Mr. Shaman]

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

Yeah....sure....that's what happened.

"Not only was the entire national deficit eliminated after raising taxes on the wealthy in 1993, but the economy grew so fast for the remainder of the decade that many conservative economists thought that the Fed should raise the prime interest rate in order to slow it down."

1993 Deficit Reduction​

Stupid Fuckin' Teabaggers​