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Originally Posted by woot
So did revenue increase over what it would have been without the tax cuts?
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I believe this guy documents his findings pretty well...
http://www.heritage.org/Research/Taxes/bg2001.cfm
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* The tax cuts have not substantially reduced current tax revenues, which were in fact not far from the 2000 pre–tax cut baseline and over the 2003 pre–tax cut baseline in 2006;
* The increased child tax credit, 10 percent tax bracket, and fix of the alternative minimum tax (AMT) reduced tax revenues much more than most of the "tax cuts for the rich";
* Economic growth rates have more than doubled since the 2003 tax cuts; and
* The tax cuts shifted even more of the income tax burden toward the rich.
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