Bruce Bartlett? Today we’d like to teach him the difference between percentage values and absolute values. His econolol conclusion of the Bush era tax cuts? A reduction in revenue.
He fails to account for the record increase in tax revenue on an absolute, adjusted for inflation basis as a direct result of the Bush tax cuts.
According to Bruce’s logic, if revenue increases 10% and GDP increases 20%, this is a reduction in revenue. Therefore he thinks we should raise taxes. Is this a means test? Each pay to what he can and to his ability? Nice econoLOL, Karl Marx.