http://www.heritage.org/research/features/budgetchartbook/charts_R/index.html
Notice the increase in revenue as taxes fell.
> Where do you come up with this information?
>
> Stephen Russell
> S.R. & Associates
> Memphis TN 38115
> 901.246-0159
>
>
> -----Original Message-----
> From: profox-bounces AT leafe DO.T com
> [mailto:profox-bounces@leafe.com]On
> Behalf Of Michael Madigan
> Sent: Thursday, June 12, 2003 8:14 AM
> To: ProFox Email List
> Subject: Re: [OT] Tony Small's Tax Cut Estimator
>
>
> Every tax cut in history has resulted in increased revenue to
> the
> Federal Government. So, we will actually be lowering the debt.
>
> --- "Leland F. Jackson, CPA" <smvfp AT mail DO.T smvfp.com> wrote:
> > Hi Michael,
> >
> > Remember, the payment is coming from deficit spending which
> > creates a debt that we all owe back to ourselfs. You might
> end
> > up repaying the advance many times over, due to compounding
> > interest. Your tax refund could easily be deducted from
> funds
> > you have paid social security by either a reducted benefit or
> > no benefit. Enjoy.
> >
> > LelandJ
>
>
> =====
> "I triple guarantee you, there are no American soldiers in
> Baghdad."
> Muhammed Saeed al-Sahaf (Baghdad Bob)
>
[excessive quoting removed by server]
©2003 Michael Madigan |
