Bruce Bartlett: The New Republican Tax Policy – NYTimes.com
December 18th, 2012
During the George W. Bush administration, spending increased sharply even as revenue collapsed. Revenue as a share of G.D.P. fell to 17.5 percent in 2008 from 20.6 percent in 2000, yet spending rose to 20.1 percent in 2006, before the economic crisis hit, and 20.7 percent in 2008, from 18.2 percent of G.D.P.
via Bruce Bartlett: The New Republican Tax Policy – NYTimes.com.
Categories: Economics, politicas, Uncategorized