CLINTON TAX RATES VERSUS BUSH TAX RATES: WHICH RAISED MORE MONEY?

THE LEFT IS MAKING A LOT OF NOISE ABOUT THE BUSH TAX RATES.

THE LEFT SAYS THAT RETURNING TO THE CLINTON TAX RATES WON'T HURT THE ECONOMIC BECAUSE THE ECONOMY DID OKAY BACK THEN.

BUT BUSH'S TAX RATES ACTUALLY RAISED MORE MONEY.

IN 2007, THE US TREASURY RECEIVED THE MOST IT HAS EVER RECEIVED, ABOUT 1.550 TRILLION BUCKS.

THE MOST CLINTON'S TAX RATES EVER BROUGHT IN WAS ABOUT 1.222 TRILLION BUCKS.

• HOW COULD LOWER RATES BRING IN MORE MONEY?

• SIMPLE: THE ECONOMY WAS BIGGER.

• IF WE WANT TO INCREASE FEDERAL GOVERNMENT RECEIPTS, ALL WE HAVE TO DO IS GROW THE ECONOMY.

• RAISING TAXES WILL NOT GROW THE ECONOMY.

• CUTTING TAXES AND REGULATIONS - LIKE ALLOWING UNLIMITED OFF-SHORE OIL DRILLING - WILL GROW THE ECONOMY.

• OBAMA AND THE LEFT WOULD RATHER WE HAD HIGHER TAXES - ESPECIALLY ON THE RICH (FOR SOCIAL JUSTICES REASONS) - THAN HAVE A GROWING ECONOMY.