Once more, the Austrian and Chicago schools of economics argue that the limits for income tax is between 25 and 30 percent, respectively, before revenue declines. Per Obama's OMB, in constant 2005, dollars, the Bush tax cut resulted in $4.6 trillion more in revenue, than the previous 8 years under Clinton. The Reagan tax cuts yielded $2.94 trillion more in revenue, than the previous 8 years. The tax cuts requested by JFK, but passed by LBJ in 1964 yielded $522.2 billion more than the preceding 4 years.
Despite the impressive revenue increases, the politicians spent it all and more. Cash to a politicians is like opioids and crack to an addict -- they can never get enough.
Democrats prefer to tax people into poverty to ensure they are dependent upon the government .