TITLE

Taxes Were Cut, But Revenues Went Up

AUTHOR(S)
Bowyer, Jerry
PUB. DATE
June 2006
SOURCE
Human Events;6/19/2006, Vol. 62 Issue 21, p5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the outcome of a bill signed by U.S. President George W. Bush that accelerated income tax cuts on individuals and reduced dividend tax rates in fiscal 2003. The federal government gained less than $1.2 trillion in revenues during the period. Tax revenues for fiscal 2006 are $386 billion ahead of tax revenues for fiscal 2003. Personal income tax revenues have increased by 14%.
ACCESSION #
21310582

 

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