@cmuratori So eventually you see a drop in the economy. You can't trust the government with "more tax revenue" honestly lol
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Replying to @GMShivers
@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/ …1 reply 0 retweets 0 likes -
Replying to @cmuratori
@cmuratori How does that change what I said about the government expanding under tax increases? Of course they suffer when it lowers.1 reply 0 retweets 0 likes -
Replying to @GMShivers
@GMShivers You said they "expanded their spending by more than the tax revenue". If that were true, the debt would increase.3 replies 0 retweets 0 likes -
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Replying to @GMShivers
@GMShivers Finding non-percentage graphs is hard because the resolution is of course too low prior to the 1970s (http://en.wikipedia.org/wiki/File:US_Debt_Trend.svg …)1 reply 0 retweets 0 likes -
Replying to @cmuratori
@cmuratori http://4.bp.blogspot.com/_dZJ6SFB1ecE/TRedd62xZmI/AAAAAAAAEfc/MCRLiRmyVN0/s400/Tax+Rates+vs+revenues.jpg …2 replies 0 retweets 0 likes -
Replying to @GMShivers
@cmuratori Look at that, and now read about how much more stable tax revenue is under flat taxes : http://www.forbes.com/sites/nathanlewis/2011/09/29/the-rise-of-the-flat-tax-gives-us-morning-in-albania/ …1 reply 0 retweets 0 likes -
Replying to @GMShivers
@GMShivers "A number of these countries have been having problems recently" Not the most reassuring article :P2 replies 0 retweets 0 likes -
@GMShivers I did read the whole thing. It sounds like it's just cherrypicking good years.
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