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Politics : American Presidential Politics and foreign affairs
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To: RMF who wrote (42595)4/6/2010 8:31:09 AM
From: Peter Dierks  Read Replies (2) of 71588
 
revenues don't meet your expenditures I think it's just a JOKE to keep saying we should get LESS revenues to solve the problem.

So you think higher government revenues would solve the problem of a too rapidly expanding government? Reagan proved that lowering taxes raises government revenue. Clinton just happened to be the beneficiary of the President Bush 41 recovery and Rubin kept him from raising taxes too fast.

Plenty of Administrations have proven that raising taxes lowers government revenues. Taxes depress the economy. By proxy since higher taxes are aught to support higher government spending then increases in government spending are anti-stimulative.
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