oops. double oops. Not enough coffee. The web-site was a bit hard to read, so I merged tables 3 and 4 in my mind. That's 1.6% of GDP, compared to 3.6% in 1962. It's $189.4 billion compared to $20.5 billion in 1962.
The source is: http://www.cbo.gov/showdoc.cfm?index=1821&sequence=0#table3 (the Congressional Budget Office.) On 9/2/05, Max Sawicky <[EMAIL PROTECTED]> wrote: > $1.6 billion? Do you mean just for L.A.? > > > > how could they cut coporate taxes any more than they have already? > > (in 1962, corporate tax revenues were 20.5 billion. In 2004, there > were 1.6 billion. That's nominal, non-inflation-corrected, dollars. > It's not corrected for the large rise in the size of the tax base, > either.) > -- > Jim Devine > "Segui il tuo corso, e lascia dir le genti." (Go your own way and let > people talk.) -- Karl, paraphrasing Dante. > -- Jim Devine "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante.
