globalization, low taxes, a lack of further domestic terrorist attacks, and a long business expansion have led to record tax receipts. amazing! lower the tax rates and business activity goes up, generating more overall tax receipts. i hope the democrats are paying attention.
On 7/12/07, Gruss wrote: > > According to this (biased) piece, the deficit has shockingly shrunk: > > The Bush Administration's midsession budget review, released > yesterday, estimates that the deficit will have shrunk by more than > 50% in three years: to $205 billion in the fiscal year ending this > September from $413 billion in 2004. As a share of the economy, the > budget deficit is expected to fall to 1.5%, well below the 40-year > average of 2.4%. > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| CF 8 â Scorpio beta now available, easily build great internet experiences â Try it now on Labs http://www.adobe.com/cfusion/entitlement/index.cfm?e=labs_adobecf8_beta Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:238300 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
