Ten Myths About the Bush Tax Cuts

Heritage  "Nearly all of the conventional wisdom about the Bush tax cuts is wrong. In reality: The tax cuts have not substantially reduced current tax revenues, which were in fact not far from the 2000 pre-tax cut baseline and over the 2003 pre-tax cut baseline in 2006; The increased child tax credit, 10 percent tax bracket, and fix of the alternative minimum tax (AMT) reduced tax revenues much more than most of the "tax cuts for the rich";
"Economic growth rates have more than doubled since the 2003 tax cuts; and
"The tax cuts shifted even more of the income tax burden toward the rich.
"Setting optimal tax policy requires governing with facts rather than popular mythology, which is why it is important to set the record straight by debunking 10 myths about the Bush tax cuts."...h/t to Neal Boortz