Lies, damned lies, statistics!
John Harvey -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Profox Sent: Saturday, July 08, 2006 2:15 PM To: ProFox Email List Subject: Re: [OT] Surprising Jump in Tax Revenues Curbs U.S. Deficit >That's a good thing when private tax receipts go DOWN. So, you're on the record as favoring increasing taxes for businesses now? "Both supporters and critics of Mr. Bush cautioned against attributing much long-term significance to the recent fiscal improvement, in part because tax revenues have become more volatile." "Compared with the size of the economy, tax revenues are still below historical norms and far below what the administration predicted as recently as 2003." "Tax receipts amounted to about 17.5 percent of the nation's gross domestic product in 2005, far below the level five years ago and still slightly below the average of 18 percent since World War II. Spending, by contrast, is running at about 20 percent of gross domestic product." No matter how you slice it, dice it, twist it or turn it... the RepubliCONs are total failures at handling this country's economy and government's fiscal responsibilities. Jim Eddins [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
