To: doug from upland
What the supply siders always fail to note is that the increase in the capital gains tax receipts is always accompanied by a huge increase in the national debt. During the Bush years, the national debt is likely to increase by at least 4.5 trillion dollars. That ain't chump change.
17 posted on
04/19/2008 8:36:13 PM PDT by
trane250
To: trane250
The increase in debt is not a consequence of increased tax receipts. It is a consequence of out of control spending. Unlike normal people who have to live within a budget, politicians just spend what ever will make their re-election most certain. They have no concept of fiscal responsibility.
19 posted on
04/19/2008 8:45:14 PM PDT by
Myrddin
To: trane250
So an increase in capital gains receipts because of a lowering of the rate is a bad thing? No, the bad thing is too much spending.
22 posted on
04/19/2008 9:40:37 PM PDT by
doug from upland
(Stopping Hillary should be a FreeRepublic Manhattan Project)
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