I Want to Raise Our Federal Taxes

Laramie Boomerang ^ | 2/23 | Martin L. Buchanan

[central_va]

Brain, Everytime marginal rates were lowered tax revenue INCREASED.

"Along with growth, tax revenue is a major indicator of the success or failure of a tax cut. The Joint Committee on Internal Revenue Taxation (now the Joint Committee on Taxation) estimated that the Kennedy plan would result in a tax shortfall of $7.6 billion in 1964, and $11.4 billion in 1965. What actually happened was that total revenue rose by $6 billion in 1964 and by $5 billion in 1965."

[Axenolith]

I didn’t think there were people this dumb in Wyoming...

[Gene Eric]

>> than those employed doing the same work

What a #ing joke. Idiot has no clue what it means to be self-employed.

[norwaypinesavage]

Only Idiots and liberals (but I repeat myself) don’t understand that history PROVES that raising taxes doesn’t raise revenue. There is far, far more to be gained by cutting spending. If the US simply clawed back the unspent COVID funds, and eliminated useless departments and personnel, we could vastly improve the budget problems instantly.