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September 19, 2011

A Democrat President, on Taxes, 1962

Heard this one on Levin this afternoon on my way home from the airport, but I had heard it before, just seems timely and all.

What was the plan here, to encourage economic recovery, and growth? For the national interest? I think he was saying we should cut taxes, call me crazy and dip my nuts, did I hear that right?

So how badly did Kennedy's tax cuts impair federal revenues? "Tax revenues climbed from $94 billion in 1961 to $153 billion in 1968, an increase of 62 percent (33 percent after adjusting for inflation)."

Well darndy darn. It's almost as if a healthy economy is better than punishing a badly damaged one with tax increases.

Stupid math.

OH! Also, the Giants, they're goin down. You know why? Because I picked em to win against the points that's why.

Kiss of death. Davepick.

posted by Dave In Texas at 08:13 PM

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"Tax revenues climbed from $94 billion in 1961 to $153 billion in 1968, an increase of 62 percent (33 percent after adjusting for inflation)." Well darndy darn. It's almost as if a healthy economy is better than punishing a badly damaged one with tax increases. Stupid math. OH! Also, the Giants, they're goin down. You know why? Because I picked em to win against the points that's why. Kiss of death. Davepick. posted by Dave In Texas at 08:13 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments pawn (on his new laptop!!!): "So would you rather have him hanging out and messi ..." IRONGRAMPA: "Good morning, good people, from the Frigidrondacks ..." publius, Rascally Mr. Miley (w6EFb): " Darn, missed the solstice. It was at 09:21Z, 4: ..." Skip : "Have snow ground cover hete ..." Aetius451AD: ""Disclaimer: Posted slightly early because I'm goi ..." 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