Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10.1 (Denver Mods 7/26/84) 6/24/83; site drutx.UUCP
Path: utzoo!lsuc!watmath!clyde!cbosgd!ihnp4!drutx!dlo
From: dlo@drutx.UUCP (OlsonDL)
Newsgroups: net.politics
Subject: Re: Supply-side: increased revenues
Message-ID: <543@drutx.UUCP>
Date: Tue, 12-Nov-85 14:41:30 EST
Article-I.D.: drutx.543
Posted: Tue Nov 12 14:41:30 1985
Date-Received: Wed, 13-Nov-85 21:44:12 EST
Organization: AT&T Information Systems Laboratories, Denver
Lines: 28

[]

In article <789@whuxl.UUCP> orb@whuxl.UUCP (SEVENER) writes:
>>From Tom Hill, repeating well-established myths: 
>> Well Tim,  the tax revenues have gone up since the tax breaks and that
>> I believe was the thrust behind the bill.  Less taxes for the wealthy
>> means more investment and guess what?  that is exactly what we have seen.
>> Stop running off at the mouth simply because you can't stand T.C.
>> 
>I have posted this before so I will simply summarize the *facts* as
>presented in a New York Times article, Sept. 18,1984:
  
>  1)Tax revenues have *not* gone up.  Here are the facts:
>     1981                      1982
>    $284.1 billion,        $276.9 billion

Uh, Tim.  Revenues were *only* $200 and-some-odd billion?  Double those
figures, and you will have the approximate figure for 1980.  For last
year it was something like $750 billion.  Point of fact: according to
the _Information_Please_Almanac_ of 1985, federal receipts for 1981 was
$663.9 billion and for 1982 was $690.4 billion.

>               tim sevener  whuxn!orb

My opinions are my own, and do not necessarily reflect those of my employer.

David Olson
..!ihnp4!drutx!dlo