Posted on 01/27/2006 7:35:57 AM PST by Marxbites
The beauty is that if we only reduced spending growth rates below GDP growth rates - surpluses will again be possible and sustainable long into the future - of course barring unforeseen catastrophies.
When will Americans hold the left responsible for their continued lies on the matter?????
Nope. This article won't get any airplay. It won't be seen anywhere outside of FR and NRO.
There goes another argument by the leftists.
This article doesn't need a deep explanation of the numbers to be understood... just tell people that it is concrete proof that cutting taxes raises revenue.
Unfortunately, I don't think this piece will get a lot of airtime.
Wendeeeeeeeeeeee!!!!!
Just kidding!
Please send the article from the NRO source original to all your friends that has the data links included which my post didn't - due to how my computer is set against trojans and worms.
Unfortunately the government went on a spending spree after these tax cuts just like they did after Reagan and have again masked the true effect the tax cuts had.
I agree - too bad the Newt revolution lost it's sticktoitiveness. We need a new CWA!
The Pelosi spewed Dem plan is just more of their hollow rhetoric with zip for substance - I despise them all to my very core.
You are the goods - my heart-felt thanks - spread the good word!!!
Does W and company know this?
What great data to report during State of the Union!
FR activits use your email power to bring this to the attention of "The Architect"!
Of course it did. And the dividend cut. Tax cuts always pay for themselves.
But they didn't pay for the socialism the phony "conservatives" rammed down our gullible throats!
Even Clinton reluctantly signed a cap gains cut. And he had a GOP congress to actually try to reign him in.
ping
I'm going to help circulate this one. I've got a few non-Freepers that would be interested. Thanks for the post because I know mainstream media won't call attention to it.
Why am I not surprised that:
1. this little item is buried in the report.
2. the media is ignoring it.
3. tax cuts work particularly tax cuts which increase the spending power of consumers.
This leads me directly to the question:
What would happen if we entirely did away with this bit of subtrafuge called the corporate income tax?
Then we would be using the tax code to influence economic decsions. Eliminating the corporate income tax would make land and capital tax-preferred over labor. A good tax policy would make producers indifferent between the three inputs of production: land, capital and labor.
I know you prefer tax policy to be decided on emotion rather than economics (I've seen your support of the Fair Tax). But give the reins over to the Supply Siders and you will make the economy as efficient as possible.
Taxpayers would get more for their dollar and exports would increase significantly and ergo GDP - our corp taxes are higher than EU's and are just passed thru to consumers as they always have been anyway.
Zero is the correct tax rate.
Ain't it a biooch!
Are you saying we should keep corp taxes as is?
Forbes yes - Boortz no!
Absolutely not! Corp taxes should have a single flat rate applying to the first dollar. Income should be defined in economic terms (no tax on corporate cap gains, etc.) Immediate expensing of capital purchases.
As you indicate, do it the Forbes way!
Oh, and most importantly, the tax rate on corporations (land and capital) must equal the rate on individuals (labor). We must tax all three factors of production equally.
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