Thursday, November 29, 2012
The Hard Fiscal Facts - WSJ.com
So, the government is getting 26% MORE than two years ago!
At the same time they say they NEED more money.
And as usual, very little media coverage of the FACT that THEIR spending is the problem; NOT revenues...
At the same time they say they NEED more money.
And as usual, very little media coverage of the FACT that THEIR spending is the problem; NOT revenues...
The Wall Street Journal recently pointed this out:
"Tax revenue kept climbing, up 6.4% for the year overall, and at $2.45 trillion it is now close to the historic high it reached in fiscal 2007 before the recession hit. Mr. Obama won't want you to know this, but this revenue increase is occurring under the Bush tax rates that he so desperately wants to raise in the name of getting what he says is merely 'a little more in taxes.' Individual income tax payments are now up $233 billion over the last two years, or 26%."
