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Old 04-21-2011, 12:35 PM   #2209
Cowboy89
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Quote:
Originally Posted by Ark2 View Post
http://www.ctv.ca/CTVNews/TopStories...eficit-110421/

I find this part of the article very interesting as it shows that corporate tax cuts do more then just line the pockets of the already rich.
To be fair, corporate tax reciepts would have naturally increased anyway as companies burned through their prior losses during the recession and became taxable on new earnings. Also one would assume that personal taxes would have increased as well as people who were laid off start re-entering the work force.

Pretty much all numbers will look rosy during periods of recovery relative to the prior year, much as the numbers looked pretty dire in 2009. It's really a backwards look at things.
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