Why do liberals equate tax cuts with less tax revenue?

Question

The only three times in American history which tax cuts have been enacted the revenues brough in by the government increased (Kennedy, Regan, G.W. Bush). So shouldn't that answer the common liberal question of "How can we afford new tax cuts?"

Answer 1

Liberals are afraid if Bush cuts taxes to much; they will not get their welfare check anymore.

Answer 2

Because on the face of it, tax cuts do equate to less tax revenue. The economic rise which engenders more tax revenue is not a certain prediction. Even if it did happen those three times, it's not a guaranteed result of tax cuts. If it works 9 times out of 10 that last time is still gonna be pretty disasterous.

Answer 3

Take English 99 than start asking questions. :-)

To answer your question tax cuts are the last option the government should do to stimulate the country's economy. Bush is trying to appeal to the American Idiots by showing them some green and we have paid for it dearly. Just like when he brought back some troops in a realignment before an election what a coincidence.
Bush hasn't cut taxes and balanced the budget like the President before him did.

Answer 4

People opposed to Bush's tax cuts see two major problems: (a) that these cuts are not balanced by a reduction in spending (leading to huge deficits), and (b) that these cuts are usually targeted to benefit the rich, whom critics say are not in dire need of tax relief.

While supply-side theorists assert that tax cuts will ultimately result in larger tax revenues in the long term, this assumed benefit must be weighed against the costs of accruing more debt and interest and against the concerns of the immediate. I think it was John McCain, in fact, who argued something to the effect of "Never in US history has there been tax cuts in a time of war."

Answer 5

Liberals think of tax revenues as a zero-sum game. A tax cut where I keep more of my money can only mean the government gets less. They are obviously wrong. These are the same people who scream loudly about CUTS in social program funding when projected INCREASES are trimmed back. Liberals are proponents of Keynesian (i.e. demand side) economics. The opposing viewpoint is supply-side economics. Its proponents detail the failure of high tax-rate, "progressive" income tax systems and U.S. monetary policy under Keynesians.

Answer 6

You forget that those tax cuts, which all favored the wealthy, left the nation with huge deficits! Where are your so-called revenues? The Clinton tax cuts went to the middle (working) class, the people who actually spend money, and the economy grew at a record pace, and the deficit was turned in to a surplus. Now, your conservative Pres. and Congress have plunged us in to another record deficit, and in record time! Where are your revenues?

Answer 7

Why do Neo-Cons want their great-great grandchildren to suffer for their own mis-appropriations??! They won't have ENOUGH to worry about when the polar icecaps melt from global warming!! The ignorant and false rhetoric coming from Conservatives is that reducing taxes generates spending!! Let me repeat that...no, you all heard what I said! But apparently you're not enjoying it very much!! Why isn't that tax revenue going to the meat of the populous, instead of the wealthy??! It's an important issue, but people just aren't grasping it because it's more important to choose the next American Idol!!! More people voted for the American Idol than have EVER VOTED IN ANY ELECTION!! Does anyone NOT understand the gravity of that statement??!!

People, wake up already!! Your country is falling apart from mismanagement, your civil liberties are being taken away, your economy is going to hell, your schools are not educating your kids, your own people are not getting proper health care, or ANY health care!! What is it going to take, that's all I want to know!! It's as though the events of 9/11/01 haven't taught us A THING!!!

Neo-Cons, it's time for a lesson in basic economics!! There are ONLY TWO sources of revenue: taxation and borrowing!! Either you tax your own generation to pay for your needs RESPONSIBLY, or you make future generations suffer for your own lack of economic responsibility by LOWERING TAXES AND BORROWING!!! It really isn't rocket science, people!!! And yet you hear the same old tired mantra about "those tax and spend liberals"!!

Let's simply remove these tired old Neo-Cons and their tired old non-productive and irresponsible policies in November!! Aren't we getting far too tired of the SOS (same old sh*t)??

Answer 8

in simple terms because tax sales were intense after the Bush Tax cuts were issued, does no longer propose there is a right away correlation. that is assuming your source, which looks some dude's message on a message board, is nice. This became in the course of the boom that grew to develop into out to be a bubble of non-existent money which popped in 2008 causing the most important economic cave in because the finished melancholy.

Answer 9

Your question does not really cover what you are trying to say. You should be saying you can't find any tax cuts now cause we are 1/2 trillion In debt from Bush!

Answer 10

1. Most economists disagree with you.
2. Reagan ran up a massive deficit with his tax cuts; Bush I and Clinton spent 12 years fixing it; Bush II destroyed it again.

Answer 11

the theory with tax cuts is that you'll have more money to spend on commodities, which in turn will spur the economy and lead to more business tax revenue. doesn't always work that way though.