Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I did not mean anyone here specifically, but I personally know people that call a tax cut an "expense" that may or may not be "paid for". Many liberals don't want to cut taxes because they fear it will add to the debt.
They don't think all their spending will add to the debt?
What I don't get is all the people who can't wrap their heads around the idea that if we spend less money in general, we can tax people (all people) at a lower rate.
They don't think all their spending will add to the debt?
What I don't get is all the people who can't wrap their heads around the idea that if we spend less money in general, we can tax people (all people) at a lower rate.
One friend that I've been round and round on it with has stated to me on a number of occasions that the rich fat cats have more money than they know what to do with.....so might as well take some of that to take care of the poor.
He is also unemployed, getting unemployment, and going to school on a pell grant. It'd be interesting to see where he stands on the issue in 10-15 years, presuming he'll no longer be a 23 year old kid with no money.
One friend that I've been round and round on it with has stated to me on a number of occasions that the rich fat cats have more money than they know what to do with.....so might as well take some of that to take care of the poor.
He is also unemployed, getting unemployment, and going to school on a pell grant. It'd be interesting to see where he stands on the issue in 10-15 years, presuming he'll no longer be a 23 year old kid with no money.
Yeah...how strange that the hardest working, most successful people I know are conservative when it comes to economics.
A tax cut is simply a reduction in the amount of thievery that the government undertakes. It is akin to a thief breaking into your house and stealing fewer valuables than he did the year before. Either way, your property was violated and your possessions were stolen.
another misnomer. no one "pays" the government. the government extorts the money.
Quote:
Originally Posted by ovcatto
Ah, forgive me, I misread your comment.
Yes, a tax cut would be a reduction in the amount paid to the government assuming that taxable income remained the same.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
