Tax revenues hit below the waterline this year.

    (Via Gateway Pundit) Get used to this graphic, because you’re going to be seeing it a lot: These numbers, of course, reflect percentage changes in tax revenues, not the amount collected. For that highly depressing number we’ll go to Heritage: …which by the way indicates that the gap between tax revenues and federal spending suddenly started to accelerate somewhere around 2007. Which is about the | Read More »