“For example if you lower taxes too much you leave revenue on the table...”
IT’S NOT REVENUE! It’s a TAX. Taxes are NOT revenue, they are taxes.
For 112+ years THERE WERE NO INCOME TAXES!
NO ‘revenue’ to leave on the ‘table’ -—
Please adjust YOUR logic, it’s clearly out of whack.
Peace to you, I only mean this is an instructive way.
And, BTW why does the Federal Government always need MORE money? Let them/it/whatever do without. I have many times so should the US Government.
True, but it is revenue to the fedgov. I don’t see why they need it. They just spend what they want anyway. What difference, at this point, does it make? And how can we have a trillion dollar deficit and only 2% inflation?
Actually, this answers your question. The fedgov needs more money because the money they created last year means the money they have to pay entitlements with is worth less so they have to create more money this year because the currency is worth-less.