Why are some people so itching to raise tax rates?

Question

See the lengths they're willing to go to, the back-asswards arguments they're willing to make, to avoid admitting the obvious, that tax revenues are coming in not only higher than they were but higher than expected and rising at a faster rate than before.

There's no debating this. There are (a) what tax revenues were, (b) what they were projected to be with the tax cuts, (c) what they were projected to be without the tax cuts, and (d) what tax revenues actually are. If (d) is the highest and Fed policy is neutral or restrictive, then the tax cuts paid for themselves. PERIOD.

And that's what has happened. Meanwhile SPENDING is up by 3.5 TIMES CPI. We KNOW cutting that to 2X solves the problem - why not just do that???

And it's NOT true that revenue always goes up - it FELL when Bush '41 raised taxes! And it WAS JFK's tax cuts - he proposed them, then he DIED, then LBJ pushed JFK's proposed legislation through. LBJ's effort but JFK's idea.

Trickle down economics didn't work, eh?

http://www.freerepublic.com/focus/f-news/1229294/posts
http://www.nytimes.com/specials/downsize/21cox.html
http://www.bls.gov/opub/mlr/1988/05/art1full.pdf
http://www.frbsf.org/econrsrch/wklyltr/el97-07.html#winners
http://www.dallasfed.org/fed/annual/1999p/ar95.html
http://money.cnn.com/2005/05/25/pf/record_millionaires/index.htm?cnn=yes
http://money.cnn.com/2005/09/28/news/economy/millionaire_survey/index.htm?cnn=yes
http://money.cnn.com/2006/03/28/news/economy/millionaires/?cnn=yes
http://www.heritage.org/Research/Labor/bg1773.cfm

Answer 1

This is the same question you asked 30 minutes ago...you just changed it a little bit, and the details are the same.

So, i'll give you my same answer.....trickle down economics doesn't work, nor is it the solution.

Answer 2

If you'll notice the people who always want to raise taxes are liberals. This fits perfectly with their belief that the tax code should be used for purposes not related to collecting money. Of course they realize that lower tax rates will result in an increase of revenue for the government, it always has (Truman, Kennedy, Regan, Bush II) but they think the tax code should promote a path to social justice, punishing the productive to decrease income disparity, transferring wealth to the failures of our society, hammering businesses out of business, favoring some at the expense of others, controlling behavior for what they see is the good of the state. This isn't about the money it's all about the politics

Answer 3

People who oppose tax cuts can't argue its merits, so they simply make blanket statements like "It just doesn't work"

Its funny how stubborn they are. Heck, why let facts and stats stand in the way of your argument?

See Anthony's answer.

Answer 4

THE DEMOCRATIC TAX MACHINE WILL FIGHT YOU.