H
hipsterdufus
7/10/06: O'Reilly is back from vacation. He's been working on some good lies while he's been away.
1st lie - "Tax cuts for the rich have been good for all Americans, especially the poor." Note to O'Reilly: Poverty has increased EVERY YEAR under Bush. Complete BS from O'Reilly.
2nd lie - "Tax revenues are climing twice as fast as predicted and the deficit is being sharply cut."
See this post:
http://www.debatepolitics.com/348530-post33.html
3rd lie: O'Reilly "Want more proof? President Clinton, you just saw him, he was a tax the rich guy,in the middle of his 2 terms, 1995, the government took in 1 1/2 trillion dollars in tax receipts... (This year) the Feds took in 2.1 trillion, 40% more than under Clinton."
What O'Reilly fails to mention is that these numbers aren't adjusted FOR INFLATION (and a 6% increase in population - more people, more taxes) If you adjust O'Reilly's numbers for inflation the numbers are a wash. (1.921 trillion) And Clinton's numbers in his last year were 2.3 trillion, and have gone down under Bush. So, it's very clear that when you cut taxes you don't increase revenues, the supply siders would have you think otherwise because they think you are too stupid to do the math.
1st lie - "Tax cuts for the rich have been good for all Americans, especially the poor." Note to O'Reilly: Poverty has increased EVERY YEAR under Bush. Complete BS from O'Reilly.
2nd lie - "Tax revenues are climing twice as fast as predicted and the deficit is being sharply cut."
See this post:
http://www.debatepolitics.com/348530-post33.html
3rd lie: O'Reilly "Want more proof? President Clinton, you just saw him, he was a tax the rich guy,in the middle of his 2 terms, 1995, the government took in 1 1/2 trillion dollars in tax receipts... (This year) the Feds took in 2.1 trillion, 40% more than under Clinton."
What O'Reilly fails to mention is that these numbers aren't adjusted FOR INFLATION (and a 6% increase in population - more people, more taxes) If you adjust O'Reilly's numbers for inflation the numbers are a wash. (1.921 trillion) And Clinton's numbers in his last year were 2.3 trillion, and have gone down under Bush. So, it's very clear that when you cut taxes you don't increase revenues, the supply siders would have you think otherwise because they think you are too stupid to do the math.
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