Libtards! How is raising taxes going to help the economy?

Answer 1

Help to grind it to a stop!

Answer 2

Well, for one thing it would be a smaller deficit, which means fewer taxes down the line as well as more funds available for loans to someone other than the government.

For another, targetted tax increases (at purely static forms of income, to give one example) would encourage investment and discourage certain long-term trends that are extremely harmful.

Third, I would say that if increased taxes were applied to things like defending the United States from enemies domestic and foreign, repairing damage to our infrastructure as a result of natural disasters, and correcting large-scale problems (such as increased health risks due to pollution), then those tax increases would constitute an improvement for pretty much everything in our country, including its economy.

Answer 3

OK...I'm not a republican, so don't slam me too hard.

If taxes are raised on "the super rich" and big businesses, won't that affect the number of people they can afford to hire?

If they're paying taxes out the wazoo, wouldn't it stand to reason that they won't be able to afford to have so many workers on the books and have to lay them off?

That would then increase the number of unemployed, causing a greater burden on the government programs that pay for people who don't work, correct?

Answer 4

How did increasing the debt by 3.5 trillion do it?
Just think about the interest on 3.5 trillion Bush has raised the taxes for the next 50 years
No one under 30 really gets a tax cut because its borrowed money

Answer 5

By taxing the super rich and cutting the taxes of the middle class, (A) the demand for goods and services increases, that in turn estimulates employment and the additional employment increases government revenues. Please note that a lot of the monies of the super rich sits in CDs and savings account.
There are (B) some good things that takes place from those CDs and savings accounts, but in times like the present those good things are of less social goodness than those mentioned in (A).

Answer 6

it can't help the economy but the Republicans have placed us into billions of dollars of debt, but the money comes from somewhere. Do you know where it comes from? we actually owe this money to the Chinese and Japanese, so visualize this, that means a communist country like China has the ability to dictate all of our policies in concerns to foreign politics which can greatly effect international security, take for instance most of the oil that China buys actually comes from Iran, so if their is a emergency in regards to further problems in the Middle east, our policies will be dictated by China in that regard. We should never put ourselves in a situation where our sovereignty is told to us by foreign powers especially because of economic issues.

Answer 7

Raising taxes = inflation. Inflation+tax increase = 0!

Answer 8

Eventually we will have higher taxes and or higher interest rates. the national debt continues to rise, because the government is spending more than collecting. Actually we will see some recessions as the nation attempt to balance expenditures and prevent inflation.

Answer 9

lol. they are already saying they have to raise taxes because of Bush. I cant wait to see it windfall taxes to "Bring down the dept due to bush" even though most of it will go to their social programs and bureaucracy like the social security disaster they refuse to get rid of.

and dstr you really have no clue do you?

Answer 10

well maybe my state and county taxes will go down due to the loss revenue that Bush gave back to the Top 10%...the tax cut hurt local taxes that needed the Federal dollars ..that's where many of you Republicans were also fooled the tax cut made your local taxes go up...so what you actually had is a tax increase.

Answer 11

LOL It would help about as much as the Reptards Iraqi war is helping the economy.