Random thoughts and insights – always shaken, never stirred

Tax Receipts Up

leave a comment »

Proving once again that cutting taxes results in growth resulting in higher tax receipts. As if there could be any doubt after the 80s. From the WaPo:

The Treasury Department this week reported there would be a $54 billion swing from projected deficit to surplus in the April-to-June quarter, after an unanticipated gush of tax payments poured into the Treasury before the April 15 deadline. That prompted private forecasters to lower their deficit projections for the fiscal year that ends in September.

So, when do I get my money back?


Written by martinipundit

May 5, 2005 at 9:38 am

Posted in Economy, Politics

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: