How ironic is it when...?

Question

Some politicians say that they will both cut taxes AND spend more money on schools, etc. Where does the money come from???

Answer 1

They have a secret money tree!

Answer 2

One theory is that cutting taxes spurs economic growth, to the degree that it actually increases revenues to the government because prosperous businesses and individuals are paying more taxes on their greater income.

That has in fact been the case since the Bush tax cuts were enacted. Federal government revenue has since soared.

Personally I think the best combination is lower taxes and lower spending. The way it usually works though is that republicans want to cut taxes, but to get dems, and even some liberal republicans, to agree to it, they have to go along with the their spending hikes.

Answer 3

Deficit spending or an increase in revenue due to the stimulus from the tax cut. In the case of the last tax cut the Government did see a huge increase in revenue but they also engaged in deficit spending.

The money itself comes from investors; the majority of these investors are US citizens, so we are borrowing from ourselves.

Answer 4

Why, it stops going down those bottomless Republican pockets! Or do you honestly believe that it costs $2000 to make a hammer for the Army?

Answer 5

Well, it could certainly come out of our ridiculously high defense budget and military expenses. Maybe buy a few less guns or bombs. Maybe send a few less soldiers overseas. Maybe spare millionaire conglomerate companies a few less tax dollars.

Answer 6

money can come from other areas of spending that can be cut back. your premise is lacking.

Answer 7

That's not Irony, that's called lying.

Answer 8

borrow it from other countries.