They don't. Not that the war on terror needs fighting, either; terrorists are much less successful in killing Americans compared to American freeways or American hospitals. Each year, over 40,000 Americans die in traffic accidents, while between 40,000 and 100,000 die in hospitals from preventable medical mistakes...
2006-12-05 05:44:16
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answer #1
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answered by NC 7
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It may be hard for some to believe, but with the tax cuts there has been more money brought into the federal treasury.
How can this be?
The less money taken by the federal government, more money is put into the economy.
More money invested in the market, more money spent in the stores, more taxes paid.
Oh, and as for the money spent on the war.
A large amount of that is spent with businesses in this country.
If you had been around during world war II you would have discovered that the lousy economy that started with the stock market crash in 1929 did not recover until we were drawn into world war II. Then the economy began to thrive.
Why? Because plants that were building automobiles became plants that were building tanks for the government. The money spent on that war was spent with companies in this country.
As we began to make uniforms, tanks, bombs, aircraft, we began to become alive economically.
2006-12-05 16:13:45
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answer #2
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answered by Theophilus 6
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I have been thinking about this. I am not an economist but a psychologist. Could it be that tax cuts are a psychological ploy to convince the American people they are better off so that they are more willing to accept erroneous doctrine of this president? (Looks like it's no longer working.)
2006-12-05 15:11:01
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answer #3
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answered by Lily 2
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Theoretically, if people have more money, they will be more likely to spend more money. If they spend more money, then they pay more taxs on goods. More tax monsy from ghoods purchased means more money for the Fed. Gov't.
Again, this is all theoretical
2006-12-05 14:03:00
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answer #4
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answered by Jimmy R 3
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