2012 Presidential Election (free for all edition)

[saden1]

Originally Posted by Slingin Sammy 33

The Graph That All Tax Hike Mystics Need to Grapple With

from the link: "Economic growth, measured as real Gross Domestic Product (GDP), was a moderate 3.3 percent in the period from 1993 through 1996, and real wages actually fell for the entire period. In contrast, the 1997 tax cuts, which significantly lowered the capital gains tax rate, coincided with a period of strong business investment, strong real GDP growth at 4.4 percent, and strong real wage growth of 1.7 percent."

also: http://www.politifact.com/truth-o-me...economy-1990s/

The Graph That All Tax Hike Mystics Need to Grapple With? Wow...the absurdity of this graph and its claim are quite insulting, even to a 9th graders intelligence.