Wal*Mart is based on the same principal. Lower prices and higher volume. Same with taxes when you cut taxes you give incentive for more investment and growth you take in a lower percentage of each dollar but on many many more of them.
That my friends is economics and if you think Wal*Mart is going to go broke doing it then go ahead and vote for higher taxes.
2007-01-24 10:37:22 · 9 answers · asked by ? 6 in Politics & Government ➔ Politics
This is a great statement.
Little question here...
However.. point well taken.
2007-01-24 10:53:19 · answer #1 · answered by melomego 3 · 0⤊ 0⤋
I didn't say that... and I think it can... to a degree...
but obviously there are limits on it... you clearly can't just cut taxes by half and expect to make more money...
if it were that simple... every country would just cut taxes and be super wealthy...
the comparison to wal-mart is a poor one... wal-mart is in competition and low prices means they win the competition... so they get more customers...
I'm not so sure low taxes makes more taxpayers...we're not exactly competing
and are that many "dollars" really generated through tax cuts... relatively? there are some... granted... which do go through the system generating revenue growth... granted... but I'm not sold it's this miracle plan you seem to tout...
2007-01-24 18:48:44 · answer #2 · answered by Anonymous · 1⤊ 0⤋
WalMart does it by squeezing costs out. Where you gonna squeeze costs out in the Federal gov huh? Where? Tell me? You have a magic formula? Where is your plan?
You gonna run from SS and medicare/caid? If you want to see the economy bomb watch what happens when you do that. It won't work, and the voters won't let you.
I don't like it either, but the truth is the truth.
2007-01-24 18:53:04 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Brilliant for Yahoo. Thank you.
3 Presidents have now proven that Tax Cuts ends up increasing revenue, because everyone makes more money:
JFK.
Reagan.
Bush.
(And it sure beats the Democrats picking the working people's pockets for revenue to spend buying votes.)
2007-01-24 18:41:44 · answer #4 · answered by Anonymous · 3⤊ 3⤋
Yes, you are so right. Ask any business man or woman with a little extra money to invest and they will totally agree with you.
That in turn benefits us all.
2007-01-24 18:44:11 · answer #5 · answered by Anonymous · 2⤊ 2⤋
Lowering taxes does not increase the amount of people paying them. Get that CPR fixed.
2007-01-24 18:42:03 · answer #6 · answered by Anonymous · 3⤊ 3⤋
N O!! It has been proven that cutting taxes DOES increase REVENUES!!!!! Liberals can't
do their math right.
2007-01-24 18:42:33 · answer #7 · answered by Vagabond5879 7 · 3⤊ 2⤋
OK Captain Picard! Beam me up, there's no intelligent life left here on earth.
LOWER TAXES = MORE $$$ IN GOV'T COFFERS! For them to waste as usual!
2007-01-24 18:42:16 · answer #8 · answered by Anonymous · 0⤊ 3⤋
Honey, the democrats don't like Walmart either.
2007-01-24 18:41:37 · answer #9 · answered by LoneStar 4 · 1⤊ 4⤋