Discussion in 'Economy' started by jreeves, Oct 15, 2010.
Can anyone tell me how much eliminating the Bush tax cuts will save the federal government?
Can anyone tell us how rising taxes on the "rich" pays them?
No seriously how much will it save the government if the cuts are undone?
You mean, if they are allowed to expire?
Ok so it was a trick question....
answer- it will save the federal government $0
Some people say, but I'm not sure, that will save $0 because it'll cause a chain reaction that reduces taxable income of a lot of people. It sounds plausible to me that this would happen.
How do you save money that isn't in your possession?
Mad Max Society!
Oh great, strawman!
No government can save money. It's not thiers to begin with.
They can either try to get in more by raising taxes, which has been proven not to work.
They can cut spending. Which works, depending on what you cut. The left always cries that they will have to make cuts to schools, to get thier people back in line to be against cuts, or talk about fucking the military again to get thier people to cheer.
And you can lower taxes to increase revenue, which works ever single last time it's been done.
Separate names with a comma.