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One Chart Refutes Supply-Side Economics For Good

This chart once and for all ends the debate about the argument "tax cuts pay for themselves."
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This chart once and for all ends the debate about the argument "tax cuts pay for themselves". This chart is from the St. Louis Federal Reserve's FRED data system and it shows the year-over-year percent change in tax revenues. I have circled the Reagan and Bush years because these are the two times the nation has implemented supply-side policies.

Notice there is no meaningful acceleration of tax revenues under the supply-side experiments.

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