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This is simply not true. The conservative movement has utterly failed at keeping taxes and revenue low. https://fred.stlouisfed.org/series/W006RC1A027NBEA http
by yummyfajitas 10y ago
This is simply not true. The conservative movement has utterly failed at keeping taxes and revenue low.
https://fred.stlouisfed.org/series/W006RC1A027NBEA https://fred.stlouisfed.org/series/W006RC1A027NBEA
https://fred.stlouisfed.org/series/B245RC1Q027SBEA https://fred.stlouisfed.org/series/B245RC1Q027SBEA
https://fred.stlouisfed.org/series/S210400 https://fred.stlouisfed.org/series/S210400
https://fred.stlouisfed.org/series/W070RU1Q027NBEA https://fred.stlouisfed.org/series/W070RU1Q027NBEA
If budgets are constrained, it's because spending has simply risen faster than tax revenue.
- rigoleto 10y agotax revenue as a percentage of GDP has been stable since WWII - http://www.taxpolicycenter.org/statistics/source-revenue-share-gdp http://www.taxpolicycenter.org/statistics/source-revenue-sha...
- yummyfajitas 10y agoGDP has increased drastically. Similarly I'm personally budget constrained because as my income went up, I rented a larger house, bought an extra car, took more expensive vacations, and switched from street hookers to high class call girls, all the while consuming the same % of my income. Obviously I'm not budget constraint. I'm just spending a lot more money.
- ChrisLTD 10y agoThat's Federal government spending. I was thinking this was more of a city and state level issue.