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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: sylvester80 who wrote (68165)12/3/2004 11:35:08 AM
From: jlallen  Respond to of 89467
 
Nope.....the "tax cut for the rich" nonsense is simply that.....nonsense.....deficits are the rule not the exception in times of war....tax cuts in recessionary times are an excellent method for stimulating recovery.....However, advocating tax cuts does not make Bush a fascist nor does it reduce the US to a banana republic.....

J.



To: sylvester80 who wrote (68165)12/3/2004 11:36:57 AM
From: longnshort  Respond to of 89467
 
What "tax cuts" cut is the tax rate. But tax revenues can rise, fall, or stay the same when tax rates are cut. Everything depends on what happens to income.
Tax revenues rose after the Kennedy tax cuts of the 1960s and the Reagan tax cuts of the 1980s because incomes rose. Incomes are likewise rising during the Bush administration.

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