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Drew I would also like to see your comments on the deficit.  

But just to disect your comments a little:

the Journal says revenues rose by -- what? -- 76% over two years?  The economy certainly has not grown by 76% since 2004.

But what the WSJ said was

One place it has come from are corporations, whose tax collections have climbed by 76% over the past two years thanks to greater profitability.
I imagine you actually didn't see the WSJ article.  As you can see, the article says corporate tax collections rose by 76%.  Corporate profits are far different, as you know, than the growth of the economy.  Corporate profits are still growing very nicely off of the very low levels of 2000--2002, and you profit growth or decrease often differs dramtically from overall GDP growth.
by wchurchill on Sun Oct 8th, 2006 at 01:15:01 PM EST
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