- May 9, 2010
- Reaction score
[ame=http://www.youtube.com/watch?v=WRxLXa5lB7M]The Truth about Tax "Fairness" - YouTube[/ame]
This same old song and dance that only discusses income taxes and ignores all other taxes? Ugh!
If cutting taxes increases revenues so much, why don't we just cut the tax rate to zero? When people use Kennedy's tax cuts and Reagan's tax cuts as evidence that cutting taxes works, they never tell us that the top tax rates at those times were 90% and 70% respectively. Today the top tax rate is 35%. Tax rates are lower now than they were under Reagan.
The truth about tax fairness is there will always be some people who think other people don't pay a fair share of taxes. And it's usually people who pay nothing in taxes who think other's aren't paying enough.