Quote Originally Posted by daihashi
I've said this before; but apparently you've missed it.

There are more ways to generate revenues from taxes than by simply raising them. Through lowering of taxes you do a number of things for companies that allow the government to create greater tax revenue:

  • Job creation puts more individuals out there with taxable income. As the simple sentence suggests these new jobs are essentially new money that the government wasn't previously getting. Allowing for more tax revenue to be generated.
  • Lower taxes increase company productivity. Through increased productivity the company is able to generate more product that may be high in demand. Leading to a high amount of trade in volume. Allowing for more tax revenue to be generated.
  • Lower taxes also result in cheaper products. When prices fall then demand goes up. With demand up you are also trading at a higher volume than previously. Allowing for more tax revenue to be generated.


There's more that goes into this and then you have how lower taxes effects the market which also effects the economy but you get the basic gist of it.

Raising taxes doesn't create jobs or create cheaper products or increase productivity. However it does create more tax revenue for the government for a SHORT TIME. It will only create more revenue for as long as businesses can keep their productivity up under the new stresses.

Decreasing taxes has always proven to increase trade volume, create jobs and create cheaper/better products.

but to each his own, but the next time you go off on a rant that has an air of condescending tone to it be sure that you understand the topic you are discussing from all angles.
I appreciate being told off like a child, but you didn't answer my question. And, for that matter, neither did the person it was directed to.

If lower taxes are better for the economy, then obviously the best thing we could do for it is do away with government altogether. So, why not?

And Daihashi, our economy grows and acts independent of what our government does. Saying that lower taxes is the only reason we can live in such a wonderfully materialistic, free-market society is to ignore the U.S.'s vast resources. That's why we have such a great economy, taxes have nothing to do with it.
JakeMartinez Reviewed by JakeMartinez on . Obama Bombshell Redistribution of Wealth http://www.youtube.com/watch?v=iivL4c_3pck Bit of an agenda here....sounds real similar to the preachings of Rev. Wright. Have a good one!:s4: Rating: 5