http://www.nicholls.edu/bastiatsbastions/2008/10/21/lack-of-understanding/ What is seen and what is unseen. Mon, 23 Jan 2012 16:26:45 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.nicholls.edu/bastiatsbastions/2008/10/21/lack-of-understanding/comment-page-1/#comment-14249 NM Wed, 22 Oct 2008 18:23:16 +0000 http://www.nicholls.edu/bastiatsbastions/2008/10/21/lack-of-understanding/#comment-14249 Fair enough. And, by this logic, corporate tax revenues are only about 2.5 percent of GDP....so let's just get rid of them. Fair enough. And, by this logic, corporate tax revenues are only about 2.5 percent of GDP….so let’s just get rid of them.

]]> http://www.nicholls.edu/bastiatsbastions/2008/10/21/lack-of-understanding/comment-page-1/#comment-14248 John Wed, 22 Oct 2008 16:52:41 +0000 http://www.nicholls.edu/bastiatsbastions/2008/10/21/lack-of-understanding/#comment-14248 Fair enough, but the total cost to the federal government of both the EITC and the Child Tax Credit is about $45 billion, or 1.5% of the $2.9 trillion federal budget. Hardly a jaw dropping amount of money and hardly worth the attention its getting on the campaign trail. Fair enough, but the total cost to the federal government of both the EITC and the Child Tax Credit is about $45 billion, or 1.5% of the $2.9 trillion federal budget. Hardly a jaw dropping amount of money and hardly worth the attention its getting on the campaign trail.

]]>