The evidence is overwhelming that Cutting taxes stimulates the economy and creates revinue for the govt??

Question

So why then do Democrats want to raise taxes at every turn. Do they not understand simple economics. Even Bill Clinton was not bad on taxes, and Arnold actually lowered taxes in California to curb the debt and it did wonders. Why then the stupid tax talks from the left........is it all about power, wealth distribution???

Answer 1

Giuliani did the same thing in NYC. He lowered taxes and ended up brining in more taxes revenue than higher taxes. The Dems want to raise taxes so they can put the money into social programs thereby making more people dependent on BIG GOVERNMENT.

Answer 2

Rodger, if you get this you will really need time off and bed rest. The Dem's don't want to raise taxes, but to give everyone something to get them to vote for them they offer you something. They do understand, and they only raise it a little bit, not to hurt you but to help others.

Do you remember Robin Hood? That is the way of the Dem's.

Rep.'s are like the Chruch, a lot at the bottom, a lot on the next four levels, a few less on the next and a very few at the top, but their getting rich off of both party's!

It is all about getting the vote and then giving a little and cutting a little and then giving a little bit more before the reelection time comes around again.

I'm now ready for a hot shower and a cold one to forget about my taxes for a few more months. How about you?

Answer 3

Democrats, or more generally economic conservatives, want to increase taxes for more than just wealth distribution reasons. While cutting taxes may stimulate the economy a little bit, the downfall of this is lowered spending on entitlement programs, such as education or social security. the repercussion of this can easily be seen with the Bush tax-cuts: While he decreased taxes for the higher income bracket, it left too little money to fund the No Child Left Behind act, leaving hundreds, if not thousands of public schools woefully underfunded.

It's not that cutting taxes is an inherently bad thing, because it's not. Yet, cutting taxes because the economy is in a slump is not the right move. Instead, reallocation to more efficient government spending programs, such as welfare, would allow for the lower income brackets to increase their spending and therefore decrease the rich-poor divide. This would ultimately decrease inflation, and limit the need for a tax cut in the long run. Therefore, it's not just about "wealth distribution", because decreasing the rich-poor divide actually helps both the upper AND lower income brackets equally. This decreases the need for welfare programs, and allows for governmental and economic efficiency.

Taxes are a necessary part of any government with any mind for the welfare of its constituency at all. This is why almost every single one of the top economies in the world have some sort of socialized systems. We have social security and the aptly-named welfare programs. Most other countries in this area, such as #2 economy (by GDP) Japan and #6 economy France have socialized medicine programs. By decreasing the burden on the companies to provide this sort of health care, it allows the countries to be more competitive in the global market. In this way, a small tax increase can exponentially increase the GDP and net exports of a country, because globalization requires such an exchange to occur. When we keep ourselves out of the global market by making it extremely expensive to hire American workers, we outsource to other, cheaper countries thereby hurting our economy. Increasing the taxes, rather than decreasing them, allows for more of these entitlement programs to decrease the burden on businesses and therefore help our economy.

Answer your question?

Answer 4

Explain to me where the 230 billion dollars will come from for the war in Iraq just this year? Also explain to me why Bush postponed the debt 10 years after he is out of office to come due. Explain to me why Bush cut funds to the department of interiors, department of education, department of health, and ect... Now try thinking of all this as a American not a republican blame game. Anyone who is a tax payer must be concern since Bush left texas in debt now he is leaving the US in debt.
Its not a left or right concern but as Americans its a big concern. You can listen to all the Rush Limbaugh lies that he is TOLD to tell by the whitehouse. It doesn't take a math major to know that Bush has bankrupted the country.

Answer 5

It's true.

In the short term, tax revenues go down. However because tax cuts boost the economy, over the long term the extra boost to the economy raises tax revenues many years thereafter.

Answer 6

Because liberals care about one thing: POWER. Allowing people to keep more of their own money takes power away from leftists. Liberals don't thing that the average citizen is intelligent enough to take care of themselves and don't trust people to spend their own money, so by default the government should be the one to keep the money. By constantly raising taxes, redistributing wealth, and increasing welfare and social programs and entitlements ... these are the things that ensure liberals will maintain their power.

Answer 7

This is true but running deficits destabilizes the currency and causes inflation! Taxes may not be good, but unless you control spending, taxes might be marginally better than debt.

Answer 8

The evidence is not overwhelming. The economists I've studied under scoff at Reaganomics.

Answer 9

they try to stabilize the economy, to make the ups not so high.. and the downs not so down. that's why they always screw with the taxes

Answer 10

war cost money, it has to be borrowed, now the country has to run and the debt has to be paid back.