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on war (justified or not) while LOWERING taxes for the richest Americans? I too fear "redistribution of wealth" but if this is the epic fight for civilization then what is the logic of bankrupting ourselves, how does that help us defeat the terrorists?

I think this a pretty reasonable question but to save some of you time, I'll go ahead and admit that yes of course I am a "libtard" who hates America and wants the terrorists to kill me and my family in as violent a manner possible...I thought that was obvious

2007-10-26 13:34:56 · 4 answers · asked by Anonymous in Politics & Government Politics

4 answers

There is no logic behind it. And the first two answerers gave the typical neo-con b.s. about how increasing spending while cutting taxes at the same time will increase tax revenue and/or improve the economy. All reliable and objective studies done on this have concluded what every one with common sense already knew : Decreasing taxes while increasing spending results in debt. for the government and economic problems. It's one of the reasons why the dollar has decreased in value relative to other currencies.
Some people who support lowering taxes and increasing spending actually believe that crap. Because they want to find rationale for getting something for nothing. Others know very well it isn't true, but use that failed economic theory for their own selfish purposes while destroying the American economy for future generations.

2007-10-27 00:39:44 · answer #1 · answered by ? 6 · 0 0

You know there's no logical answer to your question, while I'm writing this the McLaughlin Group is on talking about the fraud in Iraq, one Iraqi official alone embezzled $1 BILLION himself in '06, 10 years $2.4 trillion.
Health care for ALL would cost less than what we spend per year in Iraq, so yeah it's OK to pay Halliburton and Kellog/root instead of furnish health care to all Americans.
Remember the truck loads of cash that disappeared in Iraq?

So to answer your question uh, nope, uh,nope that's not it either, I give up sorry.

Lets see, lowering taxes brings in more revenue, sounds like the old trickle down economics scenario,where nothing ever trickled down except pink slips, higher prices across the board and welfare subsidies for the rich and foreign economies.

The rich do not fight wars they might as well profit from it. the reasoning of lowering taxes during a war is the same logic of having a press conference w/o the press.(FEMA) uh duh do ya think they'll notice?

2007-10-26 13:59:30 · answer #2 · answered by Steve G 2 · 0 0

You have to start with the basic premise that people that have money, know how to make it.

They also must know how to spend it.

If you take a dollar out of circulation, you lose the $8.00 worth of taxes paid on its use.

So you need to leave more dollars in circulation.

You can't cut taxes on people that DON'T PAY TAXES. You can only cut them on those that do.

Guess who pays 93% of the income taxes in the US?

When the terrorists do kill you and your family, rest assured that they share your ideology and that it isn't anything personal. President (Jeb) Bush will hunt them down with tax dollars supplied by reducing Income taxes on the rich.

Happy to have been of assistance.

2007-10-26 13:43:50 · answer #3 · answered by Anonymous · 0 0

In a nutshell, the "richest Americans," for the most part, own our means of production - i.e. jobs. The "logic" is that if they are allowed to retain more of their assets, they will invest and, simply put, that means more jobs and, hence, more gross tax revenue as a result. (obviously, this assumes that they won't outsource, relocate or squander the monies.)
We are not on the brink of "bankrupting ourselves" - although this war isn't exactly bolstering our bottom line.
The tax breaks, in theory and in practice, ultimately result in increased tax revenues.

2007-10-26 13:54:40 · answer #4 · answered by LeAnne 7 · 0 0

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