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To: PSYCHO-FREEP
But more astounding was the fact that these people kept insisting that this was not a tax increase, it was just a way of increasing revenue while at the same time reducing taxes.

I rarely agree with you but this one time you are correct.

If an individual ends up paying more revenue on the same amount of income, regardless of the rate charged, it is a tax increase.

It happened with the Reagan "tax cuts" in the 80s and it was a tax shift and increase to people with higher incomes, but since most tax payers were not in that group, it lowered their individual payments but it spurred the economy, created 20 million jobs and really increased the number of people that were in the "tax pool" and off of unemployment payments.

I went from no revenue payments to the feds for over 10 years with multiple 6 figure income to paying "my fair share" after the tax rates were reduced but the "exemptions and loop holes" were eliminated.

People can argue about the term "fair" {that's an opinion that depends on what you earn} but regardless of the lower % rate of tax, my tax payments to the feds increased and that wasn't an opinion, it was a fact.

The thing I've never been able to understand, is why the demonRATs, that love to spend, don't want lower rates, which provide more revenue, and they could spend even more.

Intellectually, they have to know that it's true, even if philosophically they oppose the concept of lower rates.

I just don't get that paradox.

30 posted on 11/19/2011 5:43:35 AM PST by USS Alaska (Nuke The Terrorist Savages)
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To: USS Alaska
"The thing I've never been able to understand, is why the demonRATs, that love to spend, don't want lower rates, which provide more revenue, and they could spend even more."

They spend anyway. They want power and control more than more tax revenue. They want more government dependency and the leftist dream of controlling redistribution of wealth.

34 posted on 11/19/2011 6:13:16 AM PST by Truth29
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