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Originally Posted by WGJ
"But the policies of the Bush administration have exacerbated the problem by furthering the culture of tax avoidance by big corporations and creating a pervasive unfairness in our tax code."
Now for validation from those "dummies" at the IRS who amazingly use the SAME figures:
The results indicate the nation’s tax gap increased slightly to between $312 billion and $353 billion in tax year 2001. This compares to the old tax gap estimate for 2001 of $311 billion based on earlier studies.
Your "Dummy" was "Preznit" in 2001 wasn't he? And, unfortunately still is, right?
WGJ
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Cheez---you have to think what was going on for tax year 2001.
For the record--yes, Bush was elected in 2000, sworn in-Jan 2001, 9/11 catastrophy 9/11/01.
Remember the DOT.com bubble burst in 2000. The national economic boom of the 90s came to a halt in 2000 and 2001. Six of the eight quarters for those two years saw a real GDP growth of less than three percent with three of the six quarters showing negative growth. The economy began slowly to improve in November 2001 forward.
Also remember that nearly 300,000 jobs were lost in New York due to 9/11 and nearly 2 million nationwide as a result of 9/11. None of this can be blamed on Bush, but IT DEFINITELY HAD A MAJOR IMPACT ON CORPORATE EARNINGS AND TAXES PAID as shown in your article.
Think man-----don't just take some liberals opinion and figures (even though correct) as gospel. Cause and effect----not as the liberal author implies.
Lee