Posted on 11/04/2011 6:36:15 PM PDT by mnehring
That only works in reality.
Ever been to DC? Reality out there is something only seen on TV.
The increased revenues stated in Laffer’s theory are a result of action which is finding the proper ratio, this is a direct action call. In other words, w/ Laffer it is a result, while this is calling for a direct cause (ie directly ‘raise’ revenue).
RINO Sniveling bastards....
“Why is compromise always in the DEMOCRATS favor?”
Doesn’t have to be this time. Depends if the GOP grows some balls.
Why get upset?
The polls show Repubs support CAIN who wants to add a NEW tax.
Cain supporters gave them the go ahead. So don’t complain.
for the names...
there is no need to increase the tax RATE in order to increase tax REVENUE
since the fedgov is in every transaction, the trick lies in two things:
1. the number of transactions
2. the trade deficit
you want to increase the number of transactions to make the economy more diverse, increasing the chance of attracting foreign dollars either through investment or direct sales of domestic products
the main goal being to flip the trade deficit and increase the money flowing INTO the US.
to kick this off... decreasing taxation will allow the private sector a chance to develop new products with the money they are no longer sending into the fedgov
of course, what I’m suggesting limits the amount of money, and thereby power, flowing into washington.
what do you think the odds of that happening are??
It's called a “Constitutional Convention” in which the several states get together and cut the size of the federal government back to the 1800’s, install strict term limits for all elected officials and abolish every government employee and every bureaucracy not specifically authorized by the constitution.
I'm not being facicious here either. I don't think we can fix this out of control government by electing a few conservatives.
The Framers put in the option for the states to call a Constitutional Convention for this exact scenario that we now face. How smart they were. Now lets get started doing it!
Read about the process here.
http://www.goldwaterinstitute.org/article/5005
No matter how much “new revenue” is garnered for the public trough, there will never be actual spending cuts.
Ronald Reagan found that to be true. George HW Bush fell into the same trap.
Stalemate, run out of money and another debt ceiling crisis. Increasing taxes won’t generate a dimes’s worth of deficit reduction. Raising taxes is just away for the Dims to punish their enemies: the productive class. The Dims also want to undermine the GOP with their base and there are apparently enough rino traitors willing to help them.
I forgot to mention the obvious
which trying to increase revenues to lower our debt and improve the country fiscally...
CUT SPENDING BELOW LAST YEARS TAX REVENUE... IMMEDIATELY
Go back to DU, we are not here to give ground, if they do nothing we are better off.
The republican leadership are nothing but leftwing socialists like their democrat friends.
Get real, Java.
No fee hikes, no deduction cuts—no tax hikes. Cut spending! Begin with cutting federal funding for local governments to zero.
Remember the Blue Dog Democrat group in 08, they helped reduce the amount of TARP money going out the door? This is what I mean by having some balance.
By the way, Im a Conservative Tea Party member, proudly displaying a Cain 2012 bumper sticker on my car that he sent my for my $100 donation to his campaign.
Eliminate federal funding to local governments, cut spending in general and eliminate local zoning regulations against new, small manufacturing starts in rural areas. That is the right way to get more revenues.
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