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Cutting taxes and raising taxes won't raise revenue... why? Because if you don't control spending any taxes whether its an increase or a decrease wouldn't mean a dang thing... PERIOD
Getting rid of some hurtful regulations, reducing the size of government by a third and limiting all social services execept for the elderly or very disabled would be a propper start. Lowering taxes some could create volume of more tax money coming in, but you have to cut government spending to really get stuff done.
Smaller less costly government.
Those countries that have high taxes, do they have a lot of revenue? How about the nations with low taxes, how are their revenue affected?
I mean, its not like there aren't a lot of nations out there where we can see the effects of high and low taxes, why are we speculating on this like it was entirely hypothetical?
Argumentum ad populum is the logical fallacy that just because something is popular, it is therefore true.
Quote:
This logical fallacy is often used by children as an excuse for wanting something (everybody's got one), or doing something (everybody's doing it). Despite the juvenile nature of the argument, it is often used by people who should know better, particularly by those who are trying to force other people to their way of thinking.
I'd love to see people put their skin in the game. I'd favor extending Bush tax cuts for the wealthy not as a pure cut, but as a credit to the pre-Bush tax rates which would be SEIZED immediately if after another 2 year extension, tax revenue was not up 200% of the cost of the credit from the period ending 12/2012. In other words, if we assume the 35% bracket would be 38.6% pre-Bush (and I'm not looking up exact #s), have the entity involved show a calculated tax for 38.6%, and a credit for 3.6%, and the latter is due immediately and seized if by 12/2014 revenue is not up 200% cost of these credits vs 12/2012.
Last edited by bobtn; 09-23-2011 at 06:11 PM..
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