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Tuesday, November 06, 2012

Those damned Revenues

What's Mallard raving about today?

Taxes

Like pretty much everything Mallard says, like pretty much everything every major Republican figure says, this is a demonstrable spin at best and lie at worst.
Federal revenue normally increases every year. In fact, revenues have declined in only five years since 1962. The 35 percent growth between 2003 and 2006 is significant – the last major growth in revenue was between 1997 and 2000, when the economy was booming and federal receipts rose 28.2 percent. But the recent three-year period also comes after three years of decreases, a drop Viard attributes to the 2001 tax cuts and the start of a recession that same year.
If you look at the graph below, you can clearly see that from 2001-2003 (after the first Bush Tax Cut), revenue declined. So, you know, Mallard is a lying sack of crap.

In any event...no matter who you vote for, remember to vote. But don't vote for people or a party who lie every time they open their mouth and try to suppress the vote.

12 comments:

Kip W [Muffaroo] said...

Tax cuts again? Ah, good old leeches! Is there nothing they can't cure?

When in doubt, just pull out your favorite lie.

Borborygmy said...

I've always thought that if Mallard's assumption were true, then the obvious conclusion would be to cut taxes to zero. Then government revenue would rise to infinite, and we feed everyone in the world, pave the streets in chocolate, build luxury condominium on Mars, and Rachel from Cardholder services would explode next time she called me. (Ok, that last is pure fantasy.)

CW in LA said...

"Vote wisely"? Inigo Montoya on line one.

Randy Winn said...

Reagan's 1981 tax cut increased revenue so much that, to avert disaster, he felt compelled to ask for a tax increase in 1982. (* rolls eyes *)

Anonymous said...

See:
http://blogs-images.forbes.com/mikepatton/files/2012/10/Federal-Revenue-Tax-Brackets5.png

Frank Stone said...

Aw, look -- Mallard thinks he's smarter than everyone else. Isn't that cute?

It must be just killing him that he can't come right out and say, "Vote for Romney! He may not be perfect, but he's better than that stupid, lazy n****r!!"

Fuck You, Tinsley said...

What is he saying in today and yesterday's comics? I am trying to parse his horrible grammar and sentence structure, but it is all going way over my head. I recently played Metal Gear 4 and Shadow of the Damned, and am currently playing Xenoblade Chronicles; but this is still the most nonsensical, incoherent and incomprehensible thing I have seen recently. I want to go read Day-by-Day: I think it might make more sense.

No one has to pay for a tax cut because the Treasury of something gets more money somehow, and the candidates do not understand this, but they do understand this, and I think I just had an aneurysm. Death will be a welcome relief after Mallard Fillmore.

Neo Tuxedo said...

Borborygmy skrev:

and Rachel from Cardholder services would explode next time she called me. (Ok, that last is pure fantasy.)

Only because she'll never be calling you or anyone else again:

http://consumerist.com/2012/11/01/ftc-hangs-up-on-rachel-from-cardholder-services/

*hums "Ding-Dong, The Witch is Dead" under Davey K's breath*

D Johnston said...

I want to go read Day-by-Day: I think it might make more sense.

Well, for the past few days, Muir has been claiming that Obama deliberately allowed the embassy in Benghazi to be attacked as part of a plan to win votes. How does that win votes? Muir never says.

So...it doesn't. Tinsley's an idiot, but Muir's through the looking glass on this one.

DiR said...

Remember, nothing is important in the governance then how you, personally, are mildly affected.
What? Is your assertion such wild bullshit that you can't even pretend to cite a source?
But why stop there? If there's an obvious and provable correlation between lower taxes and increased revenue, logically if we stopped paying them all together, then the government would have infinite money!

Bill the Splut said...

He didn't include a footnote because the citation would be a picture of his ass.

Also: HAHAHAHAHAHA I guess now we'll never know what Rmoney's Super-Secret-20-Million-Jobs-Overnight Plan actually was!

Randy Winn said...

Anonymous Coward's link to a Forbes blog shows that federal tax receipts were near zero in 1960.
It's on the internet so it must be true ... and that scamp Eisenhower must have built the Interstate Highway System with slave labor!