Taxes and Income (10/16/07)

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Don't "cut" my taxes anymore. I can't afford it.

According to the IRS, Americans coughed up a record $2.568 trillion in taxes in 2007, or 6.7% more than in 2006. The Wall Street Journal places this figure in historical perspective: Federal receipts have climbed by $785 billion since the 2003 investment tax cuts, the largest four-year revenue increase in U.S. history.

So the tax cuts allowed Americans to make more money so they could pay more taxes.
Tax cuts are good and they stimulate the economy.
Anybody that believes that we need higher taxes is wrong.
What we need is less government spending.
When you go vote this fall remember to vote for the candidate that believes there should not be any tax increases because it is better for the economy.


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Assigned to category: Politics and the Economy
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