Republican taxes are higher -- they are just assessed on later generations.
Democrats tax now -- Republicans tax later, eventually, and have to pay back all the interest that has accrued from borrowing money to operate at a deficit.
2007-08-22 21:00:24
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answer #1
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answered by coragryph 7
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Generally, Democrats are liberals and want everyone to have everything and leave individuals alone and tax business. They then take that money and help people get used to the concept of government handouts. Republicans like business and move taxes to the individual. Plus, they tend to spend more on national defense and things that do not tend to directly affect individual citizens. People usually don't think that they really like having a paycheck and if one over taxes businesses, they won't be able to handle it and will go out of business thus making everyone they were responsible for stop getting those paychecks.
Both sides have their very valid and truly important reasons. Personally I believe in the "all men [that means women too!] are created equal" thing and should therefor be taxed equally. Flat, across the board tax rate for all. Say, 18%. Why should someone who goes out and works for a great paycheck give up half, okay almost at 48%, to the government?
Plus, if people go to a knowledgeable tax preparer, sorry those rent a kiosk in the mall for 3.5 months of tax season ones do NOT count as knowledgeable, you'll find lots of people qualify for a great many deductions, not just the uber wealthy. Neither party completely overhauls the federal tax code, they just tweak it towards their ideology. Find a good preparer and you'd be amazed how acceptable the code can be no matter who is in the Congress or White House.
2007-08-23 04:15:36
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answer #2
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answered by quntmphys238 6
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Well, that is a tricky question. Reagan increased the payroll tax, like 9 % or something, so the poor really got shafted (since the rich don't pay anything after the first XX,XXX of income). Also, as federal income and corporation taxes fell, state taxes and fees had to rise to cover some of the costs. Bush did something similar. He cut back on all these programs, raised the interest on student loans, so that the entire effect of his tax cuts was just a miniscule amount for most Americans while the upper 1% made off like bandits.
But in general it is safe to say that with Regan and Bush, there were large income and corporate and capital gains tax cuts that would not of occured with Democratic presidents.
2007-08-23 04:07:48
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answer #3
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answered by Anonymous
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Well, they say that Democrats raise taxes when in office. But the Republicans spend more and increase the deficit. So take your pick - pay off the debt by paying taxes, or pay less taxes, but lose out on government funding (and if you think that just because you aren't on welfare you don't receive any government funding, then you are on crack - road work, loans, disaster aid, etc.).
I vote to pay off the debt. I figure I will pay for it either way, so why not up front??
2007-08-23 04:02:54
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answer #4
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answered by volleyballchick (cowards block) 7
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The democrats want to make the rich people pay more taxes & the republicans want to take programs away from the poor.
2007-08-23 04:05:18
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answer #5
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answered by Death Girl Am 6
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The best solution is to cut off all support programs, dump off all the unnecessary government programs, entitlements and departments, and LOWER taxes to ALL (especially the top 50%).
2007-08-23 04:07:50
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answer #6
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answered by Alan C 3
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Both parties have a habit of raising taxes every chance they have
2007-08-23 05:06:07
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answer #7
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answered by Anonymous
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