2007-08-20 07:15:18 · 13 answers · asked by Anonymous in Politics & Government ➔ Politics
Honestly, reducing tax *rates* is a good thing, we are too highly taxed.
Why do you think that there is a fixed amount of tax?
2007-08-20 14:46:25 · answer #1 · answered by ? 6 · 0⤊ 0⤋
The US government has reduced tax rates. The total dollar amount of taxes has increased dramatically. Unfortunately, Congress is on a never-ending spending spree. Congress spends tax money faster than it comes in...thus we have a deficit.
Find a way to control spending and keep it under revenues, then the deficit will be eliminated. It will take a miracle.
2007-08-20 14:34:00 · answer #2 · answered by regerugged 7 · 0⤊ 0⤋
Put off paying them PLUS interest. Interest as in the national debt that could have been reduced thus saving interest. Not to mention, the disparity between the billions that the rich have received via Bushconomics, and the debt that the working class will have to repay due to Bushconomics.
This does not even take into account the damage caused by the devalued dollar.
2007-08-20 14:26:13 · answer #3 · answered by Chi Guy 5 · 0⤊ 2⤋
Tax cuts come in many forms. The most common tax cut is to not raise that taxes as much as they were scheduled to raise. Many taxes hikes are scheduled out in the future, so instead of a say 4% tax hike you are only going to have a 2.5% tax hike or a 1.5% cut in taxes.
2007-08-20 14:34:42 · answer #4 · answered by Anonymous · 1⤊ 0⤋
Yes we've reduced taxes. However, if a Dem is elected president, that will all be for naught.
You can thumbs down me if you want, but that is the "Honest Truth" Dems raise taxes..
2007-08-20 14:32:17 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Income taxes may have been reduced by a minute amount, but hidden taxes on the average citizen have increased three hundred fold--impoverishing the middle and lower classes even more.
2007-08-20 14:19:33 · answer #6 · answered by Anonymous · 4⤊ 2⤋
I believe our problem is with spending, and not a question of taxes. This President has spent way too much money, and I do not mean the war!!
BTW: Thanks for the Violation Notice!!
2007-08-20 14:29:42 · answer #7 · answered by Supercell 5 · 1⤊ 1⤋
it's all borrowed money.....people think we are the strongest economy in the world....we're not....it just looks like it....we're just buying stuff and paying for the war with borrowed money....borrowed from China....our kids won't be ABLE to off our debt....then what?
2007-08-20 14:54:58 · answer #8 · answered by amazed we've survived this l 4 · 0⤊ 0⤋
Put off. Generations to come will be paying for us. Cons don't like to admit it, but they can't deny it.
2007-08-20 14:29:02 · answer #9 · answered by Anonymous · 0⤊ 1⤋
We've shifted things from taxes which everyone hates to "fees" which are at least palatable to people. we tend to grin and bear it when we need to deal with fees.
2007-08-20 14:21:33 · answer #10 · answered by Deep Thought 5 · 2⤊ 0⤋