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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (358983)	11/16/2007 7:47:47 PM
From: steve harris	Read Replies (2) \| Respond to of 1576882

What part of Bush's record tax revenues due to tax cuts do you not understand? Maybe I can help.

To: combjelly who wrote (358983)	11/16/2007 7:52:34 PM
From: longnshort	Read Replies (1) \| Respond to of 1576882

increase tax revenues

To: combjelly who wrote (358983)	11/16/2007 8:13:50 PM
From: bentway	Read Replies (3) \| Respond to of 1576882

I believe in supply side economics up to a point, and the majority of economists do too. If taxation is really too high, high enough to actually be a drag on the economy, cutting taxes will stimulate the economy. No serious economist thinks taxes in America are anywhere near that point. Also, the tax cutting is supposed to go hand in hand with expenditure cuts to avoid deficits. This NEVER happens. Supply side economics is a dangerous fairly tale that people that hate taxes LOVE to believe. As I asked TopCat, if we cut taxes to zero, do government revenues become infinite? He said "Yes"! t