1) Having the highest real GDP on record is proof tax cuts for the rich work. Nevermind that every single president since atleast FDR could have said the same thing when they were president, OR that the percent increase was much higher for Keynesian Democrats.
2) It takes 4, 8, and sometimes 12 years for a president's policies to take effect. That's why Clinton reaped the rewards of the Reagan tax cuts (let's forget the Bush Sr recession for now).
3) Presidential policies have absolutely no effect on the economy. FDR, JFK, LBJ, & Clinton were just plain lucky.
4) Just because there is a correlation between highly progressive tax rates (meaning the rich pay a much higher percentage) & more social spending with better economic growth, does not imply causation. Unless of course if you're talking about tax cuts. Then it is cause & effect
2007-04-08 14:05:02 · 7 answers · asked by soldier_of_god 2 in Politics & Government ➔ Politics
the answer is simple: we have the best tax system that money can buy.
2007-04-08 14:09:36 · answer #1 · answered by truth seeker 7 · 2⤊ 1⤋
My favorite excuse is that by giving tax cuts to the rich, they will then take the extra money and invest it so as to create more jobs and wealth for the nation. Plus ( this is my VERY favorite part) tax revenues will actually increase !
IT HAS NOT WORKED.
2007-04-08 21:18:05 · answer #2 · answered by ? 6 · 1⤊ 0⤋
how about the more money you make, the more you pay in taxes, hence the more you get back in tax cuts...?
i definitely know that someone who works part-time at a tanning salon shouldn't get the same amount back as a lawyer. tax cuts for the rich my *ss. you libs need to get a clue.
2007-04-08 22:19:21 · answer #3 · answered by buckeyeXOXOcutie 3 · 0⤊ 0⤋
How about:
"No one owes you for doing less than someone else. No one owes you to give you money you haven't earned. No one deserves to have a GREATER percentage of money taken away from them because they earn more and do that much more for our economy.
How about, "Rich people don't stick around in socialists countries, nor do people who create jobs and wealth."
Great direction you want to take us.
We aren't socialist, yet, and never in my lifetime if I can help it.
2007-04-08 21:14:29 · answer #4 · answered by mckenziecalhoun 7 · 0⤊ 0⤋
Tie between 1) and 4).
2007-04-08 21:12:49 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Tax cuts must be given to those who pay them. The poorest people do not pay federal income taxes.
Secondly, government cannot create economies the way private enterprise can.
I will not waste anymore of my time trying to explain this. You do not want to understand.
2007-04-08 21:09:54 · answer #6 · answered by Chainsaw 6 · 0⤊ 3⤋
my favorite is, "Tax cuts INCREASE government revenue".
if that's so, lets reduce taxes to zero, that will cause balanced budgets and govt. surpluses.
*** i do agree that capital gains tax cuts do increase govt revenue***
the rest of them dont.
2007-04-08 21:38:41 · answer #7 · answered by Anonymous · 0⤊ 0⤋