I've seen several that seem to be of this opinion? just wondering?
2007-05-18 17:28:24 · 12 answers · asked by Anonymous in Politics & Government ➔ Politics
but... isn't there a limit?
Republicans seem to think that if you cut taxes to 1 percent, it would raise revenue by 100,000 percent or something...
if it was so simple, every country would just constantly lower their taxes... unless the whole world is stupid...
it just seems far oversimplying a very complex issue for their own good?
2007-05-18 17:47:35 · update #1
I think it is always best to let the person that EARNS the money decide how he or she wants to SPEND it. I don't want to fund a study about the mating habits of trout...sorry.
2007-05-18 17:32:21 · answer #1 · answered by Anonymous · 2⤊ 5⤋
Well, let's see, history has shown repeatedly when the government reduces taxes it allows people to keep more of the money they make and spend that money which will generate more tax revenue for the government. It has worked when President George W. Bush did it, when President Ronald Reagan did it and also when liberal President John F. Kennedy did it. Kennedy was smarter than modern day liberals in this matter.
2007-05-19 00:42:33 · answer #2 · answered by ollie 2 · 2⤊ 0⤋
Technically, the more money spent or invested in the economy benefits the economy. As Winston Churchill put it, the idea of taxing and spending to a better economy is like a fatman trying to lift himself by his own heels. BUT Teddy Roosevelt also warned that "unfettered capitalism" was as dangerous as any autocratic/tyranny/communist government. Allowing a refund to be invested or spent overseas, doesn't "trickle down" in the USA economy unless through multi-nationally exposed corporations. But the wealthiest people are paying MORE of the taxes than before, if you look at the percentages and statistics, not just listening to the sound bites created by Bob Shrum or Jim Carville (leftie versions of Karl Rove or Rush Limbaugh). Capitalism historically has proven to function better than any attempt at state run social/economic engineering, it's human nature, and the only way to change that is brutal opression and loss of freedoms. I'll take my chances on the side of freedom any day.
2007-05-19 00:39:31 · answer #3 · answered by Anonymous · 2⤊ 1⤋
well no, lets say theoretically that the tax rate is 5%, if you decrease it by 5%, well there would be no revenue. but for the most part it has increased tax revenue due to less unemployment (more people to pay tax) and higher salaries (make more, pay more tax or the same as before, depending on the decrease). of course it won't always increase, but I like the decreases better than the increases.
2007-05-19 00:44:00 · answer #4 · answered by Anonymous · 1⤊ 0⤋
Absolutely. If you were selling something, would you sell more items if your prices are low and fewer items if your prices are high.
The more money people have, the more they spend, it is this simple. The more they spend, the more people it takes to sell it, maintain it, account for it, truck it, advertise it, and this list goes on and on.
Do you think social security has been well managed? If not, and I don't by the way, then why would anyone want the government to take more money from people and mismanage it as well.
Good question.
2007-05-19 00:33:49 · answer #5 · answered by Jerry K 2 · 2⤊ 0⤋
I think it's hilarious that Republican's consider themselves to be the fiscally responsible party. This cost of this war (which is completely unjustified) is about 500 billion dollars and rising. Oh yeah... there's the whole innocent people being killed thing too. When it comes to programs that actually benefit the country like health care and education, Republicans are quick to make cuts. However, they pull out the blank check when we need to kill "freedom haters" halfway around the world.
2007-05-19 00:37:57 · answer #6 · answered by RcknRllr 4 · 1⤊ 2⤋
Blahahahahahaha I love the first answer, I to wish to spend the money I make and not see how some lame asss polico thinks it should be spent.
2007-05-19 00:35:07 · answer #7 · answered by Anonymous · 2⤊ 0⤋
Increase taxes and the interest rates increase as well, decrease taxes and you lower interest rates. Tell me what sounds better. And, I ain't Republican.
2007-05-19 00:34:12 · answer #8 · answered by Anonymous · 2⤊ 0⤋
It's just a way to justify cutting their own taxes, never mind the reality.
2007-05-19 00:34:33 · answer #9 · answered by ash 7 · 0⤊ 2⤋
Of course they are who Republicans
2007-05-19 00:33:59 · answer #10 · answered by Suzanne B 1 · 0⤊ 0⤋
Don't you watch Jack in the box commercials..."How can I sell Jumbo Jacks so cheap?"..."Volume"...basic economics.
JACK FOR PRESIDENT!! LOL
2007-05-19 00:43:34 · answer #11 · answered by Erinyes 6 · 1⤊ 0⤋