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re: Tax revenues hit all time high for FY 2014

Posted on 8/15/14 at 6:54 pm to
Posted by Powerman
Member since Jan 2004
162269 posts
Posted on 8/15/14 at 6:54 pm to
quote:

It would depend on trajectory of the economy, wouldn't it.

Sure. But all other things equal, having 400 billion dollars less revenue probably wouldn't point toward anything good for the economy. This is obvious.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124346 posts
Posted on 8/15/14 at 7:04 pm to
quote:

But all other things equal, having 400 billion dollars less revenue probably wouldn't point toward anything good for the economy. This is obvious.
Not obvious at all.
In fact, if we eliminated corporate taxes altogether, it would have a profound future economic effect. It would also amount to far less than $400Bn on a tax basis.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 8/15/14 at 7:22 pm to
This has been the most shitass recovery we have had since the Great Depression. Nothing this admin has done has helped shite. If they actually were successful they wouldn't be about to get their asses handed to them in the fall and hillary wouldn't be sprinting away from obama as fast as she can.

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