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

To: bentway who wrote (362905)	12/15/2007 4:42:06 PM
From: tejek	Read Replies (1) \| Respond to of 1576186

Why don't we just take taxes down to zero? Wouldn't that produce the MOST revenue? Obviously that's nuts. So, given that it's nuts, what's the "sweet spot" that produces the most revenue? You can't JUST judge it by revenue, since there are many other factors in a dynamic economy that play into it. Why the GOP loves tax cuts is because you can't draw a visible line between tax cuts and the economic benefits they invoke. It thus makes tax cuts a powerful, powerful tool for the right. Knowing that its inevitable the economy will come out of recession at some point, they wait until it happens and then point out how effective the tax cuts were. How do you disprove their claim? Its very difficult. In the meantime, they get to keep more and more of their income for their own self indulgent needs. Its the same with putting a cap on taxes. By the time, the negative results begin to appear enough time has elapsed so that they can deny the tax cap is the culprit. They've been playing these two games for decades now and we are just beginning to see the cumulative affects of their BS economic policies.