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re: Tax revenues hit all time high for FY 2014

Posted on 8/15/14 at 1:55 pm to
Posted by Radiojones
The Twilight Zone
Member since Feb 2007
10728 posts
Posted on 8/15/14 at 1:55 pm to
quote:

Because that would suggest that there is an improvement in economic activity


False

Year GDP Growth
2010 2.5%
2011 1.6%
2012 2.3%
2013 2.2%

LINK

2014 is currently growing at an annualized rate of less than 2%

LINK

I know that you think very highly of yourself and enjoying putting those down that question you but perhaps you will rethink your response to me after see the above data. The truth is that the government is taking more than ever in history and it has almost nothing to do with an improvement in economic growth. Again I ask, how is it possibly a good thing that the government is taking more from it's citizens?
Posted by Powerman
Member since Jan 2004
162269 posts
Posted on 8/15/14 at 1:58 pm to
quote:

Again I ask, how is it possibly a good thing that the government is taking more from it's citizens?


Because that money is needed to mitigate the growth of the national debt.
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