Reply to "new study suggests some people grossly overestimate their political knowledge."

L. Cranston posted:

Perhaps you should tell the Treasury Department. Facts don't have a side, they're just facts.

Revenue effects of major tax bills since 1968. Table 2. Page 3.

https://www.treasury.gov/resou...s/WP81-Table2013.pdf

Not sure about their methodology, but looking at the goobermint's revenue figures:

https://www.usgovernmentrevenue.com/usgs_line.php?title=Total%20Direct%20Revenue&units=p&size=t&legend=&year=1980_1990&sname=US&bar=0&stack=1&col=c&source=a_a_a_a_a_a_a_a_a_i_a&spending0=30.95_31.63_32.19_30.35_30.23_31.00_31.36_32.48_31.91_32.21_32.24

or

https://www.usgovernmentrevenu...USb_20s1li011lcn_F0f

 

Except for the recession caused by the Fed wringing out inflation, I would say that revenue grew over the Reagan era. But I guess with enough political "what if" assumptions from the politicians who asked for the Treasury report, anything can happen.

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