Economic policy of the George W. Bush administration finance Social Security and Medicare benefits as well as investments in schools, health, infrastructure, and basic research... [and] generate further inequalities in after-tax income." The Bush administration had claimed, based on the concept of the Laffer Curve, that the tax cuts actually paid for the themselves by generating enough extra revenue from additional economic growth to offset the lower taxation rates. However, income tax revenues in dollar terms did not regain their FY 2000 peak until 2006. Through the end of 2008, total federal tax revenues relative to GDP had yet to regain their 2000 peak. When asked whether the
From each according to his ability, to each according to his needs Marx's terminology), the Soviet Union adapted the formula as: "From each according to his ability, to each according to his work (labour investment)". While liberation theology has sought to interpret the Christian call for justice in a way that is in harmony with this Marxist dictum, many have noted that Jesus' teaching in the "Parable of the Talents" (Matthew 25:14–30) affirms only "TO each according to his ability" (Matt. 25:15), and not "FROM each according to his ability". From each according to his ability, to each according to his needs "From each according to his ability, to each according to