*Current tax revenues of 18.4% of GDP are now above the historical average;
* The 2006 tax revenues of $2,407 billion were $47 billion above the level projected by CBO before the 2003 tax cuts, and just $58 billion below the level projected by CBO in 2000, before the 2001 tax cuts;
* Capitals gains tax revenues have more than doubled to $103 billion since the 2003 capital gains tax cuts;
* The child credit, 10% bracket, and marriage penalty reduced revenues much more than many of the “tax cuts for the rich;”
* Even if the Bush tax cuts are made permanent, CBO projects revenues will still surge to a record 22.8% of GDP by 2050;
* Letting the tax cuts expire would raise long-term revenues by less than 1% of GDP;
* Historical tax revenues correlate almost perfectly with GDP, and not all with income tax rates;
* Negative GDP, investment, and jobs trends immediately reversed after the 2003 tax cuts were enacted; and
* The Bush tax cuts actually shifted the total tax burden even further towards the rich, according to CBO.