S&P Blames Republicans for Credit Downgrade. No mainstream media reports...

[.blank cd]

lol ambiguous graph is ambiguous

[ek forever]

lol ambiguous graph is ambiguous

I'm sorry, I must have missed where you posted any economic data or facts.

Here's one source:

http://www.usgovernmentrevenue.com/revenue_history

Just put your own line where the top marginal tax rates were over history. You'll see that regardless of the rates revenues were flat as a % of GDP over the last century.

Here's a good read from Reason Magazine on the issue: http://reason.com/archives/2011/02/1...rcent-solution

Tax revenues are almost always hovering around 19%, peaking at 21% only twice in the past 100 years. 1948 and 2001. Both times the economy was in extreme bull conditions and jobs/wealth were being produced like no other.

My point here is that my graph is correct, call it what you want.

Edit: here's a few more sources:

http://www.hoover.org/publications/h...t/article/5728

http://online.wsj.com/article/SB1000...209741952.html

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^ Bottom line: You can only suck a finite amount of wealth out of the economy. Regardless of the rates, etc. Having more job creating, wealth earning, etc goes a lot further to increasing revenues than increase the rates on job creators.