HappySqurriel said:
Beyond that, if tax rates have changed dramatically over the years and revenues have not changed significantly in response to that (and most of the variability in tax revenue relates to economic output) what does that tell you about the effectiveness of tax increases at increasing tax revenue? Since you wanted the Federal chart:
As you can see the same pattern emerges ... If it was tax-cuts that were leading to deficits, wouldn't you expect to see tax revenue falling while government spending stayed stable? Being that the complete opposite pattern exists what does that tell you about your theory?
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Give me a break, it is nearly 1 AM here and I am exhausted, how does attacking spelling forward any sort of point on the issue.
Let's use the same data format shall we, as going back 250 years is sure to skew the results:

And part of the big 2009 jump can be attributed to a nearly $500 billion reduction in GDP from the recession.
As you can see, there has not been a significant spending increase in really the last 30 years.
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