Quote:
Originally Posted by Calgaryborn
Why are you calculating it as percentage of GDP? Is the government ripping itself off if they don't get a certain percentage of GDP? Look at the actual dollars taken in. Of course if you lower taxes you will be taking in a lower percentage of GDP.
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Because that captures your all important claim that lower taxes improve economic activity.
If you look at pure receipts, then the patter is the same but they went down strongly until 03 rather than 04, moved back up until 07 then dropped again.
Better? It still shows your claim was invalid.