Thursday, May 11, 2006

The Voodoo works! Economically Speaking

The Voodoo works! Take it to the bank. The Treasury Department, that is.

"According to the Treasury Department's monthly report, tax receipts were up 11.2 percent for the first seven months of Fiscal 2006. That is $137 billion. In Fiscal 2005 tax receipts were up 14.6 percent, which is $274 billion."

The lowering of marginal tax rates encourages economic vigor and puts more money in the government's hands. Supply-Side Economics is now a proven fact, demonstrated again and again, first by Kennedy, then by Reagan, and now with the tax cuts of President Bush.

The Voodoo works! And the next time you get your pay check, ask yourself, who signed that check, and if they had to pay more taxes, would your check be what it is? The economy is dynamic, and is bounded only by government.

So let us thank Ronald Reagan for the template, and George W. Bush for the latest round of tax cuts!


At 2:00 PM, Blogger Ankhwatcher said...

Buts its the bad kind of voodoo,
That which you do,
And aparthied that was bad too!
Someone had to

Take a powerful Stand!
Hand in hand
And it was they who did demand


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