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Surprising
Quote:
Originally posted by sgtclub
My understanding is that supply side theory says that lower taxes will result in increased revenue. It does not say that it will wipe out all deficits, which is what I think you are suggesting.
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You haven't posted anything that a reasonable person would construe as suggesting that lower taxes will result in increased revenue. There are all sorts of other reasons why corporate tax revenues might have been higher in December than they were a year earlier.
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“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
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