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re: Tax revenues hit all time high for FY 2014

Posted on 8/15/14 at 12:40 pm to
Posted by Taxing Authority
Houston
Member since Feb 2010
57517 posts
Posted on 8/15/14 at 12:40 pm to
quote:

I thought that when rates go up revenues went down and vice versa?
what rates have gone up?

If anything this data show Romney was right. A healthy(er) economy is the best way to raise revenues.

quote:

I'll be curious to see how this is spun as a bad thing.
More money taken out if the hands of citizens and malinvested by the government is never a good thing
This post was edited on 8/15/14 at 12:42 pm
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35509 posts
Posted on 8/15/14 at 12:50 pm to
quote:

If anything this data show Romney was right. A healthy(er) economy is the best way to raise revenues.
Yeah, because Romney was the only guy to predict that a healthy economy is good.
Posted by Powerman
Member since Jan 2004
162294 posts
Posted on 8/15/14 at 1:11 pm to
quote:

what rates have gone up?

You would think someone with the handle "taxing authority" wouldn't need to ask such a question.

quote:

If anything this data show Romney was right. A healthy(er) economy is the best way to raise revenues.

So the economy is healthy now?
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