Saigon
Gold Member
Why are tax increases always bad?
Maybe Americans need to be smart enough to figure out that taxes can not always go down and down and down, and sometimes you are actually better off when they go up.
Your taxes on money earned from shares are far too low, and the US would be in much better financial shape overall if they were at 35%, not 15%.
Your joking right... I mean it isn't exactly the best of economic times in case you have not been paying attention. Unreal.
Exactly, genius.
And in poor economic times the government earns less from sales taxes, less from Capital Gains Taxes and less for corporate and personal taxes than they do in good economic times.
Hence, cutting taxes does more to render government servies uneconomic than it does to stimulate growth and spending. Taxation needs to be a balance between providing services efficiently, and encouraging economic activity - too often Americans seem to focus on the latter whilst ignoring the former - and then complaining that your schools are poor and infrastructure outdated.
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