From Yahoo News:
WASHINGTON (AP) -- Federal revenue collections hit an all-time high in April, contributing to a further improvement in the budget deficit for the year.
So far this year, tax revenues total $1.505 trillion, an increase of 11.2 percent over the same period last year. That figure includes $383.6 billion collected in April, the largest monthly tax collection on record.
This shows Bush's tax cuts have been just as effective as liberals feared they'd be. Getting more money into the market--instead of directly into the hands of some government bureaucrat--ends up bringing more revenue in the long run.
Now if Republicans had only acted like Republicans in the last few years, we'd be fast working our way out of debt.
You know, if liberals had any sense, they'd support tax cuts because of the additional revenues they'd bring to the government (since they love government so much). But just like the scorpion who stung the frog as they crossed the river, aggressive taxation is "just in their nature." Must be a Marxist kind of thing.
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