Why have conservatives collected record amounts of taxes when they said they would collect less taxes?

Question

You are implying then, that conservatives lied about collecting less taxes, so that people would vote for them.

Answer 1

I am not implying .I am saying it out right they LIE to get elected!

Answer 2

Two reasons. The first is, as has already been stated, there is more money flowing around the economy than ever before and since taxes are a percentage of that flow they're amount has gone up in a like manner. The second is, that the govt. collects taxes on many things in many ways. Lowered taxes usually means that, at least to some extent they have been increased somewhere else. By doing this the govt. can rearrange where the dollars are coming from. For example, by lowering income tax by one percent on the middle income and raising the level at which an income rises into the high tax bracket, the govt. lowers the amount of tax for the middle income families.

If they lower business tax by .5 percent at the same time, they can benefit the business owners and share holders, usually high income earners who will also have benefited from the income tax change.

If they then increase the tax on beer and cigarets, what they usually call 'luxury taxes', they can increase the taxes on the groups most likely to purchase these items.These are predominantly lower income earners.

This is one of the ways govt's buy votes. Since it's less likely that lower income people, ie. young, old, working poor, single parents, will vote, there is less proffit in buying them off. It makes perfect sense for a govt. whose first priority is re-election to buy votes from those most likely to vote. From that point of view those people don't matter as much.

It would take some drastic changes for us to get a govt. that actually collects less tax. It just doesn't work that way.

Sorry for any misspellings. My spelling sucks and the checker not working.

Answer 3

It is a proven fact that when you lower taxes people spend more money and when you spend more money there is more tax money going into the government. Noone said they would collect less taxes. They lowered taxes so you could have more money in your pocket to spend. You pay taxes on everything you do, buy, etc... So when you spend more money there is more tax revenue, it is just not income tax. Why do you think so many economists are for a no income tax, but a higher use tax. This would give the government an unbelievable amount of money. It would give you more money at the same time too though.

Answer 4

The record amount of tax dollars collected is the result of lower tax percentages. Leaving more money in the hands of the individuals, which causes more economic growth.

With economic growth, there is more total income to be taxed, so therefore, even with a lower tax percentage, you collect more tax revenue.

They never said they would decrease dollars collected, they just said they would decrease taxation rates, which they did.

Answer 5

The tax CUTS enabled the administration to collect MORE MONEY through the tax system. Don't believe it? You libertards-get someone to read you a good book on economics. I'm sure it will be explained in that book. Something to do with a larger tax base.

Answer 6

Yeah. Everything is the fault of Liberals. Even when conservatives control the whole show.

Record amounts of taxes are still not enough when thye've done record amounts of SPENDING. The National Debt is growing, and that's something we have to pay billions of dollars each year in interest just to keep afloat! Clinton got us on course for reducing and eventually eliminating the National Debt, but Bush shot it all to hell with his giveaways to the rich. Good going, Idiot Boy!

Answer 7

Cut taxes and grow the economy. That more taxes come in from the stronger economy. John F Kennedy knew this 45 years ago.

Answer 8

raising taxes makes no sense without funds which we have not had for 4 years. What area of this do Democrats no longer comprehend? all of us might have flourished for the duration of the Clinton years. there became into an impressive financial boost fueled by the internet. A financial disaster in Asia saved gasoline expenses low. a great form of Clinton subsidized policies inclusive of Glass Steagal or NAFTA did no longer destroy this united states of america till he became into out of place of work. His remote places coverage became right into a disaster. He left Somalia in shambles, and after 2 terror assaults Bin encumbered escaped to Sudan to finance, mastermind, and build a great terror community lifeless set on havoc in direction of united states of america of america. intercourse Scandals interior the White abode led to the only impeachment of a reelected President in united states of america history. to no longer point out no longer in basic terms did he lie a pair of intercourse scandal yet, the two Ralph Nader and Jerry Brown had stated Clinton embezzled money whilst Governor of Arkansas for Hillary's regulation enterprise, a declare Clinton furiously denied. could have been some reality to that for the time of spite of everything. maximum overvalued President in US history.

Answer 9

They said they would cut tax RATES, and they did. This actually caused an increase in tax REVENUES due the economic growth spurred by the tax RATE cuts.

Answer 10

Because of unemployed liberals who refuse a job is why your taxes go up bud

Answer 11

Because the economy is thriving and there is so much money going around. Why don't you provide sources next time at least?