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The Congressional Budget Office has been embarrassed repeatedly by making projections based on the assumption that tax revenues and tax rates move in the same direction.

Thomas Sowell

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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Rate
Projection
Taxes
Rates
Based
Revenue
Office
Embarrassed
Move
Budget
Projections
Moving
Budgets
Revenues
Making
Assumption
Congressional
Direction
Repeatedly

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