@GMShivers Literally no. All our highest growth periods correlate with high taxes at the top. http://www.huffingtonpost.com/2011/04/15/top-marginal-tax-rates-chart_n_849596.html …
@GMShivers Wrong again. The debt _decreases_ subsequent to tax increasesand rises following decreases: http://www.theatlantic.com/business/archive/2012/11/the-long-story-of-us-debt-from-1790-to-2011-in-1-little-chart/265185/ …
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@cmuratori How does that change what I said about the government expanding under tax increases? Of course they suffer when it lowers. -
@GMShivers You said they "expanded their spending by more than the tax revenue". If that were true, the debt would increase. - Show replies
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