Why can't Republicans give the correct answer to this question, all politics aside?

Question

I want answers from Republicans on this. We know through Rove's talking points and the statistics that federal revenues from income taxes have increased at roughly 14% over the last year. We know that GDP Growth has been about 3-4%, with pretty small inflation. How did we achieve the tax revenue growth of 14% with only 4% economic growth and with decreasing tax brackets? Hint: Has nothing to do with unemployment and the additional jobs in the economy. Those jobs are reflected in the GDP number.

Answer 1

The correct answer is the GDP and the revenues are not related and will raise at different rates when the economy is good, as it is everytime there atre tax cuts.

Answer 2

Well, numbers make my little blonde Republican head hurt, but I agree with Torskie.
All politics aside, I am not sure that I agree with those figures, I think they are selected to produce a specific result.
Also, as someone in the 30% tax bracket, I can tell you that there are fewer loopholes and dodges for people with W-2 income, and this is also increasing tax revenue growth.

Answer 3

Easy...although growth of GDP is moderate, the personal income due to lowunemployment and corporate profits are very high. The tax rate has not increased, but taxing success is. If I dn;t work, I don;t pay taxes...simple as that.

Now from a general democratic point of view, we need social programs and stuff that costs a lot. By raising government funding requirements, the tax money dries up, and higher tax RATES result...taxing more incents companies to invest less and people to spend less and GDP decreases, unemployment rises and we are in a bad cycle.

Republicans are stiff and appear heartless (they likely are), but the results are generally good for us. I loathe the upcoming changes and the economic downturn that the dems will be giving us.

Answer 4

Torskie is on the right track, I would add that individuals also invest with 401k plans and IRA's.. When they have more money to spend they will invest more. That is why the "capital gains" taxation is so pivotal. If the capital gains tax rate were rolled back to what it was before GW Bush. The tax revenues will diminish because of less money for futher investment. Raise capitial gains and it will also slow or stop growth in 401k and IRA.

Answer 5

So what's your plan Mr. Democrat? improve taxes on the wealthy? Take money out of the hands of the finest individuals of society - people who furnish a great form of the capital for employer expansion (which via the way creates jobs) Or do you think of that the wealthy in simple terms stuff all of their money into their matresses(those beds ought to sleep 1000's)? Yeah, we could improve taxes, and supply the money to the government, who has executed no longer something yet tutor that they spend money in the main ineffective and inefficient methods obtainable. i'm going to enable you to already know suited now that the reason that center wages are falling is by way of the lack of ability experienced workers obtainable in the U.S. Our training equipment is embarrassing. Do you particularly anticipate agencies to over-pay American workers their union-controlled salaries whilst they could get remote places workers with extra skills to do the paintings for 0.5 the fee?

Answer 6

Easy answer. Under the Clinton Administration the top 1% wern't being taxed that heavily now under the Bush administration they are now bearing more of the burden rather than the middle class.

Answer 7

they only answer along party lines, they are incapable of independent thinking