Since neoconservatives argue tax cuts generate more tax revenue, would no taxes generate more?

Answer 1

No.

If you study economics at all, you would hear of a term "knee of the curve."

There is a point where excessive taxes stifle productivity, and most people, even libs in Y!A would suggest that taxes are too high.

Answer 2

You already asked this question.
http://answers.yahoo.com/question/index;_ylt=AgexMPfeNTkjGExx.APPIWbty6IX?qid=20070809181157AA94jVI

It was a silly suggestion then & it is a silly suggestion now!

But apparently at least 4 equally silly dems thought any question attacking Reps deserved votes over actual logic!

So here are some repeats of actual answers.

YOU Asked! - Apparently you missed the point...if you lower taxes then the average American keeps more of his income...he then spends it generating more taxes through other avenues...no one has called for ALL taxes to be abolished...just the unconstitutional ones that punish success.

Spock (rhp) - Apparently you missed the point...if you lower taxes then the average American keeps more of his income...he then spends it generating more taxes through other avenues...no one has called for ALL taxes to be abolished...just the unconstitutional ones that punish success.

Snail Racer - Your arguement is VERY silly!
Many businesses increase their income by decreasing prices (Sales).
If they sell 200 widgets at $5 profit (they buy at $20 & sell at $25) thats 200 X $5 = $1000
If they sell 300 widgets at $4 profit (they buy at $20 & sell at $24) thats 300 X $4 = $1200
But if they sell ANY amount of widgets at NO profit, they would recieve NO profit!
Moderation is the key!

American Patriot - Um, if no taxes are coming in then no, it won't generate more revenue. However, lowering taxes does increase tax revenue. That is a fact.

D D - More revenue? If you have 0% of more revenue, it is still 0. You either pay some % tax, or let business maintain the infrastructure for their own commerce.

Answer 3

Ummm... so.. if "whilst taxes circulate up on the wealthy they gained't spend and make investments that funds. this could sluggish the financial equipment." How come, whilst the Bush tax cuts for the wealthy went into effect in 2002 that led to the wealthy not spending and making an investment, and fairly of an financial growth, resulted interior the Bush disaster of 2007-2008 wherein we've been dropping seven hundred,000 jobs according to month, and banks and brokerages that have been too stupid to do enterprise had to be bailed out, to the song of $seven hundred BILLION funds? Trickle down does not paintings - and in no way has.

Answer 4

No taxes at all would mean huge spending increases in the private sector and for corporations also. At first. We'd have a great time at the Dow. But, the problem would be the mass unemployment that would happen. IRS and other government agencies employees would loose their jobs and unemployment would skyrocket. That would put a major hurting on the Dow, unemployment makes people spend less. When that happened, corporations would probably cut jobs which would lead to more unemployment.

No taxes at all would actually be a bad thing.

Answer 5

A ten percent flat tax, with no exemptions or pre-tax decuctions of any sort would generate all the income our government would ever need.

Neoconservatives are going to argue for tax cuts to generate revenue because they still endorse the trickle down theory, never acknowledging that those who watch the trickling dont appreciate a leak and will try to plug, catch, or divert it.

Answer 6

No. The reason tax cuts generate more revenue is that people buy more stuff when they have more money. That in turn creates jobs, and the people who work those jobs now pay taxes, equating to more tax revenue overall.

With no taxes at all, the people who take those jobs wouldn't pay taxes, and that would generate no tax revenue at all.

I know. Logic sucks.

Answer 7

How cute...
We need some taxes to pay for police, army, schools, roads, parks, etc.
The idea of a tax cuts is that if you have more money left for yourself, you'll spend more on goods, housing, food, etc., which will generate more jobs, more sales tax and so on.
Corporations will invest the money saved on taxes in their businesses and the more business they do, the more in taxes they'll pay. To make it simple for you, if a company makes a million and pays 10% of it in taxes, it will pay more than making a hundred thousand and paying 50% of it in taxes.

Answer 8

In a way, yes..If they passed the Fair Tax Act. You see, when you recieve an INCOME TAX CUT (numbnuts) you have more money to spend, and as an American you do/will which increases revenue via sales tax.

Answer 9

Cmon man , you know better than that . If you're upset that tax revenue is up , then learn to accept it . You can't win this argument . You libs have some good points so how about focusing on them ?

Answer 10

http://www.huppi.com/kangaroo/L-taxcollections.htm

Summary

There is no evidence whatsoever that tax cuts increase tax collections. Almost always, tax cuts have seen tax collections fall in the following years; tax hikes have seen tax collections rise in the following years. Which is about what you would expect!


a_wood, too bad your logic is wrong. Sucks when reality does not work the way you want it to.