GWB tax cuts = largest revenue growth to follow in history

[AmericanFirst]

It is called spending....Bush was a huge disappointment in the spending department.

Obamaturds spending far outweighs Bush's. But, that doesn't matter with the idiot left.

Any government spending that is outside its means is bad spending. Regardless of who is President.

This government needs to be put on a starvation diet, pronto.

So true, but I don't believe it will happen just by who is POTUS. We need to clean both white house and congress.

 

[SniperFire]

Someone explain why revenues grew for a longer time, in years, after the Clinton tax increases.

Massive capital gains cut on those greedy greedy rich people.

Clinton, Bush Prove Cutting Capital Gains Rate Works - Donald Lambro - Townhall Conservative Columnists


Your education is my pleasure.

 

[sealybobo]

And Obama got Bin Ladin. Romney said he wouldn't have done what Obama did. Now Romney is flip flopping on that too? OMG! Who's dumb enough to vote for Romney?

 

[Darkwind]

Obamaturds spending far outweighs Bush's. But, that doesn't matter with the idiot left.

Any government spending that is outside its means is bad spending. Regardless of who is President.

This government needs to be put on a starvation diet, pronto.

So true, but I don't believe it will happen just by who is POTUS. We need to clean both white house and congress.

Very true.

 

[AmericanFirst]

DWYER: Bush tax cuts boosted federal revenue - Washington Times
But the real jolt for tax-cutting opponents was that the 03 Bush tax cuts also generated a massive increase in federal tax receipts. From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts. And (bonus) the rich paid an even higher percentage of the total tax burden than they had at any time in at least the previous 40 years. This was news to theNew York Times, whose astonished editorial board could only describe the gains as a “surprise windfall.”

Lose jobs
lose wall street wealth
you lose taxable income
Not Tax Policy as this was proved as well as job growth until the credit bubble busted



You wonder why BHO has ignored those jobs in this jobless recovery?

But all that revenue growth went to the top 1%. You righties are dumb. I'm sick of arguing with you liars. Now Romney says saving GM was his idea? Is America dumb enough to vote for Romney? Not a ******* chance.

You lefties are idiots. I got checks back when Bush cut taxes, and I am far from being in the one percent. Stupid old argument.

 

[sealybobo]

Someone explain why revenues grew for a longer time, in years, after the Clinton tax increases.

Massive capital gains cut on those greedy greedy rich people.

Clinton, Bush Prove Cutting Capital Gains Rate Works - Donald Lambro - Townhall Conservative Columnists


Your education is my pleasure.

Sure it worked. For the rich.

 

[SniperFire]

DWYER: Bush tax cuts boosted federal revenue - Washington Times
But the real jolt for tax-cutting opponents was that the 03 Bush tax cuts also generated a massive increase in federal tax receipts. From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts. And (bonus) the rich paid an even higher percentage of the total tax burden than they had at any time in at least the previous 40 years. This was news to theNew York Times, whose astonished editorial board could only describe the gains as a “surprise windfall.”

Lose jobs
lose wall street wealth
you lose taxable income
Not Tax Policy as this was proved as well as job growth until the credit bubble busted



You wonder why BHO has ignored those jobs in this jobless recovery?

And yet Wages were essentially stagnant and this is a consumer spending based economy.
Andf even with such growth in revenues Bush still overspent by around 5 trillion.

Not really anything to be proud of.

You are right, after the 2006 elections when the dimwits took control of congress, when the downfall started, it is nothing to be proud of. Dimwits fault, stop blaming Bush.

You can set your watch, and America's rapid demise, to it.

 

[AmericanFirst]

And Obama got Bin Ladin. Romney said he wouldn't have done what Obama did. Now Romney is flip flopping on that too? OMG! Who's dumb enough to vote for Romney?

Who was dumb enough to vote for obamaturd? Oh wait, probably you.

 

[sealybobo]

DWYER: Bush tax cuts boosted federal revenue - Washington Times
But the real jolt for tax-cutting opponents was that the 03 Bush tax cuts also generated a massive increase in federal tax receipts. From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts. And (bonus) the rich paid an even higher percentage of the total tax burden than they had at any time in at least the previous 40 years. This was news to theNew York Times, whose astonished editorial board could only describe the gains as a “surprise windfall.”

Lose jobs
lose wall street wealth
you lose taxable income
Not Tax Policy as this was proved as well as job growth until the credit bubble busted



You wonder why BHO has ignored those jobs in this jobless recovery?

But all that revenue growth went to the top 1%. You righties are dumb. I'm sick of arguing with you liars. Now Romney says saving GM was his idea? Is America dumb enough to vote for Romney? Not a ******* chance.

You lefties are idiots. I got checks back when Bush cut taxes, and I am far from being in the one percent. Stupid old argument.

Wait a ******* minute. Aren't you a tea bagger? Don't you bash Obama for his failed stimulis? What the **** do you think that $500 you got was? A failed stimulis. But here you are bragging about it. Don't you know that Bush just borrowed that money in order to not be in an official recession? Without that money, he would have had 3 consecutive quarters of losses and that's an official recession. So all he did was buy himself some time. And now that money is on the debt, and you owe it with interest. I hope it was worth it, dummy.

I got checks back But why haven't you gotten a check in years? Ask yourself that dummy. Why if the Bush tax breaks are still around are you not getting a check every year? Because after a couple years, they cut you and I off. So only the top 1% are still getting the Bush tax breaks. And that too is going on the debt, and you owe it. So you owe the Bush tax breaks that the rich are getting. You and everyone else. I hope it is worth it to you. They get tax breaks and your debt gets bigger. Dumb mother fuckers.

 

[Darkwind]

DWYER: Bush tax cuts boosted federal revenue - Washington Times
But the real jolt for tax-cutting opponents was that the 03 Bush tax cuts also generated a massive increase in federal tax receipts. From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts. And (bonus) the rich paid an even higher percentage of the total tax burden than they had at any time in at least the previous 40 years. This was news to theNew York Times, whose astonished editorial board could only describe the gains as a “surprise windfall.”

Lose jobs
lose wall street wealth
you lose taxable income
Not Tax Policy as this was proved as well as job growth until the credit bubble busted



You wonder why BHO has ignored those jobs in this jobless recovery?

But all that revenue growth went to the top 1%. You righties are dumb. I'm sick of arguing with you liars. Now Romney says saving GM was his idea? Is America dumb enough to vote for Romney? Not a ******* chance.

You lefties are idiots. I got checks back when Bush cut taxes, and I am far from being in the one percent. Stupid old argument.

Don't sweat it.

They just don't see it. When the tax cuts went into effect, the main stimulus that occurred was that businesses were able to increase revenues. Those increased revenues created more jobs and then those salaries were able to pay for things like cars and boats and homes and children's educations. This was possible because businesses flourished.

But it wasn't just the huge corporations that flourished, because more than 70% of business in America is small business. This means that the 100k mom and pops grew to 500k small business. The 500k small business grew into a 1 million dollar business and of course, some major corporations grew more as well.

The bottom line for all that is that the businesses grew. The left demonize this as the 1% who horded all the wealth in their massive, 9,000 foot thick steel vaults while everyone else starved or lived barely above sustenance living.

Today, we don't have stagnant wages, though. We have people simply losing their wages (bet they wished they had those stagnant wages right now!) and people simply giving up on looking for work.

Good thing that they are, because how else would Obama be able to get unemployment down?

 

[AmericanFirst]

But all that revenue growth went to the top 1%. You righties are dumb. I'm sick of arguing with you liars. Now Romney says saving GM was his idea? Is America dumb enough to vote for Romney? Not a ******* chance.

You lefties are idiots. I got checks back when Bush cut taxes, and I am far from being in the one percent. Stupid old argument.

Wait a ******* minute. Aren't you a tea bagger? Don't you bash Obama for his failed stimulis? What the **** do you think that $500 you got was? A failed stimulis. But here you are bragging about it. Don't you know that Bush just borrowed that money in order to not be in an official recession? Without that money, he would have had 3 consecutive quarters of losses and that's an official recession. So all he did was buy himself some time. And now that money is on the debt, and you owe it with interest. I hope it was worth it, dummy.

I got checks back But why haven't you gotten a check in years? Ask yourself that dummy. Why if the Bush tax breaks are still around are you not getting a check every year? Because after a couple years, they cut you and I off. So only the top 1% are still getting the Bush tax breaks. And that too is going on the debt, and you owe it. So you owe the Bush tax breaks that the rich are getting. You and everyone else. I hope it is worth it to you. They get tax breaks and your debt gets bigger. Dumb mother fuckers.

You lefties are the stupid socialist pricks who started the downfall under FDR. IDIOT!!!!

 

[sealybobo]

And yet Wages were essentially stagnant and this is a consumer spending based economy.
Andf even with such growth in revenues Bush still overspent by around 5 trillion.

Not really anything to be proud of.

You are right, after the 2006 elections when the dimwits took control of congress, when the downfall started, it is nothing to be proud of. Dimwits fault, stop blaming Bush.

You can set your watch, and America's rapid demise, to it.

Let me trace back the GOP's bullshit lies. Ready? Ok, here goes.

They said the economy was great until Bush left office in 2008.

But it was too soon to blame Obama so the GOP blamed Reed, Pelosi and FreddyMack and FannyMae instead of being the result of Bush and the GOP that ran the governement for 6 straight years. Refused to admit their deregulations, free trade, wars and tax breaks to the rich caused the mess we are in.

And now they blame Obama for the bad economy, even though only 30% of Americans agree with them. Most people still understand it was Bush's fault, but the GOP don't care about that.

Republicans are on the edge right now and can't decide which argument to make. Do they continue to say the economy sucks and blame it on Obama, or is the economy getting better enough that this isn't going to work on voters. So their plan B is to say that the economy is improving because of the GOP House run by Ryan and Boehner, or because of all the right wing Governors in states like Michigan, NJ, Florida, OH and Winsconin.

So right now you are still blaming Obama for the failing economy? Sooner or later you will start saying that it was the GOP House and Fat Ass Chris Christie that fixed the economy. Of course we would all know that is a

 

[sealybobo]

You lefties are idiots. I got checks back when Bush cut taxes, and I am far from being in the one percent. Stupid old argument.

Wait a ******* minute. Aren't you a tea bagger? Don't you bash Obama for his failed stimulis? What the **** do you think that $500 you got was? A failed stimulis. But here you are bragging about it. Don't you know that Bush just borrowed that money in order to not be in an official recession? Without that money, he would have had 3 consecutive quarters of losses and that's an official recession. So all he did was buy himself some time. And now that money is on the debt, and you owe it with interest. I hope it was worth it, dummy.

I got checks back But why haven't you gotten a check in years? Ask yourself that dummy. Why if the Bush tax breaks are still around are you not getting a check every year? Because after a couple years, they cut you and I off. So only the top 1% are still getting the Bush tax breaks. And that too is going on the debt, and you owe it. So you owe the Bush tax breaks that the rich are getting. You and everyone else. I hope it is worth it to you. They get tax breaks and your debt gets bigger. Dumb mother fuckers.

You lefties are the stupid socialist pricks who started the downfall under FDR. IDIOT!!!!

I've explained in great detail several times why this is a right wing lie. Do I need to do it again? Naaah. I'll just quickly explain to you that liberal policies created the middle class. It wasn't free market capitalism. It was labor laws and unions. It was a progressive tax system. Corporations and the rich once helped pay for schools, welfare, bridgets, roads, parks and recreation, etc. They no longer do that anymore.

Free trade produces a small rich class, small merchantile class and a huge working poor class. Why do you want that? You think you will benefit from this? How about your brothers, neighbors and friends. You think they'll all do better without medicare? What the **** is wrong with you right wingers. Romney could shit on a paper plate and you would eat it up.

 

[Darkwind]

Another interesting fact that never seems to get discussed anywhere is the fact that no President or Congress has ever.......EVER.....reduced the number of regulations it imposes on the people and business.

George W. Bush added regulations in government. Not once did he ever reduce a regulation. The man simply did not meet a regulation he did not like.

Overall, the final outcome of this Republican regulation has been a significant increase in regulatory activity and cost since 2001. The number of pages added to the Federal Register, which lists all new regulations, reached an all-time high of 78,090 in 2007, up from 64,438 in 2001.

Between fiscal year 2001 and fiscal year 2009, outlays on regulatory activities, adjusted for inflation, increased from $26.4 billion to an estimated $42.7 billion, or 62 percent. By contrast, President Clinton increased real spending on regulatory activities by 31 percent, from $20.1 billion in 1993 to $26.4 billion in 2001. [...] The data also show that, adjusted for inflation, expenditures for the category of finance and banking were cut by 3 percent during the Clinton years and rose 29 percent from 2001 to 2009, making it hard to argue that Bush deregulated the financial sector. [...]
In eight years, Bush increased the federal government's regulatory staff by 91,196 employees. Clinton cut it by 969.

The Lie Obama Can't Stop Telling: Bush Cut Regulation and Education Spending! - Hit & Run : Reason.com
Bush's Regulatory Kiss-Off - Reason.com

Oh, I forgot to add:

President Bush deserves most of the blame for this regulatory expansion. While the president does not have to sign new rules before they're implemented, he does implicitly approve them. In addition, he signed hundreds of laws commanding federal agencies to produce new regulations. One is the Sarbanes-Oxley Act of 2002, which established new or enhanced standards for all publicly held companies and accounting firms in the United States. Another is the McCain-Feingold campaign finance reform law, which imposed new restrictions on campaign spending and prohibited unregulated contributions ("soft money") to national political parties.

 

[starcraftzzz]

Really? Then why the rapid rise in the National Debt under Bush. After all, if we had that big of an increase in tax reciepts, why was there an increase in the debt?

It is called spending....Bush was a huge disappointment in the spending department.

Obamaturds spending far outweighs Bush's. But, that doesn't matter with the idiot left.

Nope govt spending under Bush increased more then under Obama
so you are an idiothttp://www.tnr.com/blog/jonathan-chait/87388/the-mythical-obama-spending-binge

 

[SniperFire]

You are right, after the 2006 elections when the dimwits took control of congress, when the downfall started, it is nothing to be proud of. Dimwits fault, stop blaming Bush.

You can set your watch, and America's rapid demise, to it.

Let me trace back the GOP's bullshit lies. Ready? Ok, here goes.

They said the economy was great until Bush left office in 2008.

I never said that.

 

[Chris]

The Obama budget deficits originated during the Bush presidency...

1. Tax cuts 2001-2002 (4 trillion over 10 years)
2. Prescription drug benefits (1 trillion over 10 years)
3. Economic meltdown of 2008 ( 3 trillion and rising)
4. Wars in Iraq and Afghanistan (2 trillion and winding down)

 

[Chris]

Obama has added 4.1 million jobs since 2009.

Here’s what Bush left us with.....

Aug 2008 - 334,000 net JOBS LOST
Sep 2008 - 458,000 net JOBS LOST
Oct 2008 - 554,000 net JOBS LOST
Nov 2008 - 728,000 net JOBS LOST
Dec 2008 - 673,000 net JOBS LOST
Jan 2009 - 779,000 net JOBS LOST

 

[Chris]

The Bush tax cuts for the wealthiest five percent of Americans cost the U.S. Treasury $11.6 million every hour, according to the National Priorities Project. Between 2001 and the current projected end of the Bush tax cut extension, tax cuts for the wealthiest 5 percent will cost the U.S. Treasury $1.184 trillion. If extended through 2021 as gop lawmakers propose, the total cost will exceed $3.2 trillion.

 

[SniperFire]

The Obama budget deficits originated during the Bush presidency...

Obama pledges to cut nation's deficit in half - Feb. 23, 2009

FAIL


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