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Did this curiosity from Gregg's WSJ Op-Ed stick out like a sore thumb for you the way it did for me?
The growth in tax revenues from 2002 through 2007 were some of the largest in history. The tax system became much more progressive, with the top 20% of income earners paying 85% of the taxes -- a rate much higher than during the Clinton years -- all while keeping capital-gains rates low.
Well, some pesky reality-based econ blogger at Time thought it was weird too:
Over the full eight years of the Bush administration, it appears likely that federal revenue growth will be just about zero. Over the eight Clinton years it was 58%.
Oh yeah, there's more funny math to debunk - read the whole thing.
If we're going to be treated to two years of our Very Serious Senior Senator explaining the budget to us, we had better understand right away that the man is far cleverer than Sununu, Bradley, and Bass ever were in cloaking his partisan ideology.
