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Graphic proof of the long-term heist of the nation’s wealth and fiscal stability. Brought to you by the GOP, in service to their donors. In plain sight. Simple looting. They blow up the deficit by crashing revenue-then blame “takers,” then hack away at health care and food support. Since the 80s.

Once again, the Laffer curve has been disproven.

Oligarchy will only get worse.

It’s almost like tax receipts are a sign of a healthy economy

Would have been nice to see a third line representing the budget deficit trend…

Which means 25% is held by foreigners

Send this to joe Kernan at CNBC

40 years of lower personal rates, capital gains rates, corporate rates and estate tax rates

You need workers to pay taxes, Rat.

They're getting what they paid for.

Geez, BBB at work. Bankrupt main street and bagholders. INTENTIONAL

Corporations: [our] LINE GOES UP! Sucks to be you!

2010 SUPREME COURT APPROVES CITIZENS UNITED 2026 The RESULTS are in...

Very interesting. Why not push back the time series to Ryan's '17 tax cut?

Reported corporate earnings are shit. All illusion. Graham and Dodd would agree.

They call it the Laffer Curve because they’re all laffing at us.

💯💥🙏

It wouldn't magically make the revenue line go up, but couldn't a portion of the latest decline be the tax gap? Like I assume some portion of the receipts will/should be recouped for the last few months (though the defunding of IRS makes it more difficult.) taxpolicycenter.org/taxvox/delay...

Not to MENTION the corporations got billed ~ $300B for tariffs, collected at least 80% of it from CITIZENS and downstream customers, AND THEN got a TARIFF REFUND of all that money - and didn’t give any of it back to the CITIZENS. It’s like a 2nd FULL tax cut #predictthegrift

This is not only partisan politics (the corp tax reductions) but it’s truly RECKLESS For the long term viability of the gov’ts income statement and balance sheet. Even IF one believes in “supply side” that side isn’t paying JS for their side, #predictthegrift

That’s assuming you can get all of the billionaire cheats to pony up. Actual collected taxes may be significantly lower.

The “trickle up” tax reform is working perfectly.

Tariffs were supposed to plug that 😂

Receipts swing with the business cycle, refund timing and deductions, so one comparison can mislead. Lower rates leave more capital with households and employers, and revenue has historically followed growth. Growth is the lever, not higher rates on the people investing.