On the recordMarch 8, 2006
I appreciate you pointing that out. I am sorry, I had this a little bit later, but this is the chart that you refer to. It really is amazing when people hear this because it is kind of counterintuitive. If you decrease taxes then people say, well, surely you decrease money coming into the government. But it does not work that way, does it? And what we see here is exactly what you described. You decrease this line right here. This is the years down here, 2000, 2001, 2002, 2003. This line is when the tax decreases, the tax cuts, went into effect; and the red line is the revenue into the United States Treasury.
Source
govinfo.gov




