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Yes, because (unless I'm mistaken) you neglected to account for population growth and the drop in unemployment between 2000 and 2004, so all of the groups would naturally be bigger in 2004 than they were in 2000. Even if the numbers stayed the same, and the top 20% of taxpayers made more money in 2004 than they did in 2000, even if the tax rate stays the same, of course the government is going to be getting more money from that same top 20%.Under the Bush tax cuts, the tax rates were cut across the board, and in fact a new 10% tax bracket was initiated to lower the tax consequences for those making at or below the "poverty line", and it was those tax cuts that left more money in peoples pockets that they turned around and spent, thereby stimulating the economy, creating new jobs, and expanding business, which meant more people were working and paying taxes. More people employed and paying taxes into the Treasury means that the top 20% (along with the other 80%) grew and overall revenues increased.
Yes, because (unless I'm mistaken) you neglected to account for population growth and the drop in unemployment between 2000 and 2004, so all of the groups would naturally be bigger in 2004 than they were in 2000. Even if the numbers stayed the same, and the top 20% of taxpayers made more money in 2004 than they did in 2000, even if the tax rate stays the same, of course the government is going to be getting more money from that same top 20%.
Under the Bush tax cuts, the tax rates were cut across the board, and in fact a new 10% tax bracket was initiated to lower the tax consequences for those making at or below the "poverty line", and it was those tax cuts that left more money in peoples pockets that they turned around and spent, thereby stimulating the economy, creating new jobs, and expanding business, which meant more people were working and paying taxes. More people employed and paying taxes into the Treasury means that the top 20% (along with the other 80%) grew and overall revenues increased.
