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Monday, July 17, 2006

Message to Michael Cullen

Neville Bennett, writing in the latest NBR, claims that tax receipts in the US are expected to increase 11.4% this year, despite tax cuts.

According to Bennett "in the 11 quarters since the tax cuts were introduced, the US economy has grown more than 20%. The total pie has expanded $US2.2 trillion, equivalent to the total GDP of China.>

Business investment has increased 37% in the past three years."


Blogger Berend de Boer said...

These figures are probably "non-standard". I suppose the NBR just copied this townhall story:

But read this:


So a whooper. But what else would one expect from a journo?

9:27 PM  

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