Comment Re:Love the spin (Score 1) 326
Just for the record here, here is what I could find on the US Tax incomes:
Year US Tax Income ($M) GDP ($B) Tax/GDP
2009 $1,398,542 (a) Not Available ---
2008 $1,602,823 (a) Not Available ---
2007 $1,571,322 (a) Not Available ---
2006 $1,478,945 (a) $11541.614 (b) 0.128140224
2005 $1,339,363 (c) $11163.759 (b) 0.119974200
2004 $ 998,328 (c) $10822.914 (b) 0.092242970
2003 $ 925,477 (c) $10466.951 (b) 0.088418967
2002 $1,006,389 (c) $10095.771 (b) 0.099684214
2001 $1,145,414 (c) $ 9910.034 (b) 0.115581238
2000 $1,211,749 (d) $ 9887.749 (b) 0.122550542
1999 $1,064,160 (d) $ 9671.089 (b) 0.110035178
1998 $1,017,274 (d) $ 9237.081 (b) 0.11012938
(a) source: http://www.fms.treas.gov/bulletin/b2009_4fd.doc
(b) source: http://forecasts.org/data/data/GDPC96.htm
(c) source: http://fms.treas.gov/bulletin/b45.pdf
(d) source: http://fms.treas.gov/bulletin/b42.pdf
This, combined with historical information about Congress:
Year House Maj.(e) Senate Maj.(f)
2009 Democrat even
2008 Democrat even
2007 Republican Republican
2006 Republican Republican
2005 Republican Republican
2004 Republican Republican
2003 Republican Republican
2002 Republican even/Democrat
2001 Republican Democrat
2000 Republican Republican
1999 Republican Republican
1998 Republican Republican
(e) source: http://clerk.house.gov/art_history/house_history/index.html
(f) source: http://senate.gov/pagelayout/history/one_item_and_teasers/partydiv.htm
We also note that this is *not* spending, but simply tax income. Keep in mind we should expect that tax income should lag tax law by about a year for the tax law to take effect. The GDP steadily rises, so the main difference is the tax income (total dollars). As a nation, the US tends to hang out around 11%-12% Tax/GDP ratio. There were some low years (2002-2004) which seems to align (with said lag) with the Democratic control of the Senate, although it could also be blamed on the "Bush Tax Cuts" (2001, if I recall correctly).
Short answer, looking at a president, a congress, a party, etc. is potentially a myopic view.