Mykel - THanks for the complement.

John - Thanks. It's not hard, just search on Tax revenue

Rugg - Pass it on. It doesn't matter which column you look at, they all tell the same story

John - I agree, if you spend more money than your best year ever of income, the results are going to be bad. Unfortunately, people get elected to run the country who are not qualified to run a Mcdonalds. And they aren't held to the same standards as a CEO.

Lane - They don't think we care. We have got to dump the entitlement programs and the people who want them. The real point was that the tax cuts create jobs, and tax revenue. The exact opposite of what the white house says.

Michael - I'll bet all the comment here won't come from repoblican.

Wallace - It's obvious that the democrats are not a business friendly party, if you want jobs, you can't penalize the people who create jobs with every bill you wriite.

Lenn - I know that's what they want, but the reality is that it will not generate more tax revenue to let the current tax structure revert back to the Clinton administration tax increases. That's what this data shows.

Diane - It's tough for you to say that Bush was right, isn't it.

Mike - The numbers don't lie, tax revenue increased dramatically after the tax cuts were implemented. Balacing the budget is the job of congress, and has nothing to do with tax policy. But according to the congressional budget office, they are over budget 90 percent of the time. Two things helped Bill Clinton generate a surplus. 1. was Newt's promise to balance the budget, and 2, was the .com bubble which was a big tax revenue windfall for the government, but when the market crashed (yes during Clintons administration), the economy went into a recession. I know, it's hard to believe thet Clinton left the country in a recession. The tax cuts were intented to increse productivity in the private sector, and increase jobs. It worked, we had the lowest unemployment during the Bush administration that we had ever had, as well as tax reveneue. Then we had congress go on a spending spree. Who's in charge of Congress?

It seems like the country is starting to wake up and smell the coffee. THe tax cuts that we intended to stimulate the economy whil bush was in office did work, Bernanke wanted to slow the economy by raising the fed fund rates. he did it 17 consecutive times from 2004 until 2006. It worked.

Mike -you sould have put the 2009 and 2010 deficit numbers of $3 trillion combined on the chart also. Yes it's more than the bush administrations entire 8 years, and the clintons administration 8 years combined.

But thanks for confiming what I said. Raising taxes is sure to stunt GDP growth, and in turn reduce tax revenue. It's just a thought while we are waiting for those tax credits to expire that really helped give investors a reason to invest. You can tell by the stock market performance what investors are thinking.

Spending is not Obama's fault, or Bush, or Clinton, or any president. That job falls on the house of representatives. The only time in the last 15 years we've had a balanced budget is when Newt promised he would make it happen. He kept his word.

Mike - Thats an interesting statistic you have there. I'm not sure why we even have the term recession if that's the case. But here is a nice pretty chart of GDP, just in case I don't believe that raising taxes will hurt productivity.

It's easy to have Gdp growth after a bad year, in fact you have to do something bad to keep it from improving. It's no suprise that Newt only lasted 4 years as speaker. When you shut down the gravy train, everybody wants your head, and they will find a way to make your life difficult.