Posted on 09/24/2012 10:31:04 AM PDT by TurboZamboni
GOOD!
Because “more taxes” DOES NOT MEAN HIGHER TAXES!!!!!
More Tax REVENUE, is generated by LOWERING TAXES, or CONFIDENCE TAXES ARE NOT RISING!!
The year for HIGHEST FEDERAL INCOME TAX REVENUE was in 2007, under the CURRENT TAX RATES!!!
Currently, Federal Revenue IS DOWN, DUE TO FEARS ANY INCREASE IN INCOME PRODUCTION WILL BE STOLEN TO BUY VOTES!!
AP is trying to confuse 2 issues;
1. deficit reduction and
2. “the sluggish nature of the country’s economic recovery”
What did the economist say would improve the economy?
What would business owners say would improve the economy?
vs What would pay down Obama’s debt?
Very true!
LLS
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