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

To: HPilot who wrote (576256)7/14/2010 12:27:10 PM
From: Alighieri1 Recommendation  Read Replies (4) | Respond to of 1575601
 
Decreasing tax's halt and eventually turns the economy around, ...

By that logic we should have been doing very well in 2008, considering 8 years of bush tax cuts...instead we came close to economic armaggeddon...

Your argument is typical conservative simplistic self serving bullshit...it is the politics of "bribes for votes"...it has little to do with governing a complex society like ours.

Al



To: HPilot who wrote (576256)7/18/2010 2:07:46 PM
From: combjelly  Respond to of 1575601
 
" Decreasing tax's halt and eventually turns the economy around"

Just like any other deficit spending.

"so the government may actually make more revenue from a tax decrease."

Operative word is "may". It all depends on what the tax rate is, how big the cut was, and a whole host of other factors. Bernanke is on record with tax cuts generally don't pay for themselves.


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