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If Tax Cuts Stimulate The Economy, And The Bush Tax Cuts Have Been Around For 7 Years?
Question by sam f | Posted in Other - Politics & Government
If tax cuts provoke the economy, and the Bush tax cuts have been around for 7 years... then... where is the stimulation?
and what makes anyone fantasize that MORE tax cuts like the Bush tax cuts are going to stimulate the economy?
Answer: Reaganomics had two inputs and two outputs. The inputs were (1) undersized tax cuts, skewed heavily towards the rich and corporations and (2) hugely increased regime spending to pump money through the economy. The outputs were (1) small increases in revenues and (2) gargantuan new debt.
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Do You Favor Tax Cuts To The Wealthy Or Tax Cuts To The Middle Class?
Question by Destiny's child | Posted in Elections
McCain wants to remain Bush's tax cuts to the wealthy and big business. Obama wants to give middle class citizens a tax cut. Do you brace McCain's plans to continue the Bush tax cuts or Obama's proposal to eliminate the Bush tax cuts and in preference to give it to the middle class?
Answer: I favor tax cuts for everybody. In experience I would prefer we abolished the IRS entirely.
How Do You Think Tax Cuts To The Middle Class Would Affect The Market?
Question by sheepburn | Posted in Other - Politics & Government
In the existence few Republican administrations, tax cuts have been focused on the highest earners. Now, Obama has proposed tax cuts aimed at the mid-section and lower classes. Do you think this will make a unique difference, or do you believe that drip-down economics was working and should be continued?
Answer: The guy above me saying Obama is customary to raise taxes is a perfect example of a mindless Palin following drone. Palin-drones I will call them.
Not only is Obama distinctly lowering taxes for most Americans... but what idiots like that don't understand is that Obama isn't even raising
Economics and manipulation of President George W. Bush's tax cuts.
The 2001/2003 Tax Cuts: Myth vs. Reality - Brian Riedl - The ...
by webmaster@nationalreview.com (NRO Staff)
● Even if all tax cuts are extended and the AMT is settled, tax revenues are still projected to outdo their 18.0 percent of GDP authentic undistinguished by 2017. That means 100 percent of the surging budget default after 2017 will be the sequel of Washington spending 6 percent of GDP more than the real normally. None of it will be caused by below-regular revenues.
Tax cut - Wikipedia, the free encyclopedia
The proximate effects of a tax cut are a decrease in the real income ... Depending on the original tax bawl out, tax cuts may provide individuals and corporations ...
Bush tax cuts - Wikipedia, the free encyclopedia
The Bush tax cuts refers to changes to the Unified States tax code passed during the ... The Bush tax cuts had sunset provisions that made them run out at the ...
President Bush passed tax cuts that will come to an end at the end of the year - Obama wants to preserve a couple thousand dollars a year for everyone. Under the Republican plan, people making more than a million $ a year will get a tax cut of more that a $100,000. This will expense...
