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To: 1rudeboy
I swear, sometimes it sounds like Nancy Pelosi has accounts on Free Republic. I can’t believe the economic ignorance of thinking you have to ‘fund’ tax cuts. That is like trying to grow a corn plant in someone’s stomach. If you want more corn, you plant it. Historically, revenue increases when taxes are reduced, even when spending is not reduced or increases.
71 posted on 01/04/2008 11:00:43 AM PST by mnehring
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To: mnehrling

“I can’t believe the economic ignorance of thinking you have to ‘fund’ tax cuts”

You have to buy congressional votes by increasing spending for their individual pet projects. That money has to come from somewhere - likely it will from future tax increases.

I’m for them, but it’s equally ignorant to ignore the overall increased spending side of the equation.

“Historically, revenue increases when taxes are reduced, even when spending is not reduced or increases.”

More accurate to say that spending has never gone down, regardless of increases or decreases in revenues from taxes and or tax reductions.


75 posted on 01/04/2008 11:29:43 AM PST by RFEngineer
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To: mnehrling
I come across this causation problem a lot here . . . free trade causes illegal immigration, tax cuts cause spending, etc.

It's never illegal immigrants cause illegal immigration, spenders cause spending . . . .

79 posted on 01/04/2008 11:38:31 AM PST by 1rudeboy
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