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#1
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Steven P. McNicoll wrote:
"devil" wrote in message news ![]() When you cut taxes without reducing spending, where does the shortfall come from? You're confusing tax rates with tax revenue. Reagan cut tax rates, tax revenue then rose, rising tax revenue does lead to deficits. You were on a roll until you said that rising tax revenues leads to deficits.That can only happen if you spend more money than you've taken in, and the difference between the two is the deficit. Econ. 101. George Z. |
#2
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![]() "George Z. Bush" wrote in message ... You were on a roll until you said that rising tax revenues leads to deficits. Rising tax revenue does not lead to deficits. That can only happen if you spend more money than you've taken in, and the difference between the two is the deficit. Rising tax revenue never leads to deficits. |
#3
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Steven P. McNicoll wrote:
"George Z. Bush" wrote in message ... You were on a roll until you said that rising tax revenues leads to deficits. Rising tax revenue does not lead to deficits. I was just quoting you, bright boy! That can only happen if you spend more money than you've taken in, and the difference between the two is the deficit. Rising tax revenue never leads to deficits. |
#4
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![]() "George Z. Bush" wrote in message ... I was just quoting you, bright boy! And you didn't read the following message? |
#5
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Steven P. McNicoll wrote:
"George Z. Bush" wrote in message ... I was just quoting you, bright boy! And you didn't read the following message? No, would you mind translating the vacant spaces for me? |
#6
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![]() "George Z. Bush" wrote in message ... No, would you mind translating the vacant spaces for me? I said "the following message", not "what appears below." |
#7
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Steven P. McNicoll wrote:
"George Z. Bush" wrote in message ... No, would you mind translating the vacant spaces for me? I said "the following message", not "what appears below." So, where's "the following message"? There wasn't any....so why were you referring to it when it obviously didn't exist? You knew it wasn't there. Your attempts at wiggling out of admitting an error are really pathetic for someone who's presumably an adult. They don't serve you well, and you ought to be man enough to admit it when it's as obvious as the nose on your face that you misspoke or, as you probably would have said if I had done that, that you lied. |
#8
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Steven P. McNicoll wrote:
"George Z. Bush" wrote in message ... You were on a roll until you said that rising tax revenues leads to deficits. Rising tax revenue does not lead to deficits. That can only happen if you spend more money than you've taken in, and the difference between the two is the deficit. Rising tax revenue never leads to deficits. |
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