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Over 40 years of CBO data show that no matter what tax rates are, or how many taxes exist, the revenue to the federal gov. remains around 18% of GDP. That's not my personal opinion, that's not a hypothetical scenario, it's an historical, and statistical, fact.If revenue to the federal government is going to increase by a statisticly significant amount, the GDP must grow accordingly.
Over 40 years of CBO data show that no matter what tax rates are, or how many taxes exist, the revenue to the federal gov. remains around 18% of GDP. That's not my personal opinion, that's not a hypothetical scenario, it's an historical, and statistical, fact.
If revenue to the federal government is going to increase by a statisticly significant amount, the GDP must grow accordingly.