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To: Jim 0216

Even the fedgov can profit from a tax RATE cut since it expands economic activity and results in a tax REVENUE increase. Check the Reagan tax rate cuts, fedgov revenue almost doubled by his term end.


26 posted on 12/27/2017 12:33:25 PM PST by arrogantsob (Check out "Chaos and Mayhem" at Amazon.com)
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To: arrogantsob

Yes, that comes under the heading of INDIRECT benefit to government. Those on the Left and in the government who are actually honest and have half a brain admit to this.

But this so-called “supply side” works only UP TO A POINT. The kind of cuts we need, getting us to a flat tax of 10%-15%, would probably net a negative for the government but I don’t weep for the mostly illegal government, 80% which needs to be dismantled.


27 posted on 12/27/2017 12:49:57 PM PST by Jim W N
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To: arrogantsob

The whole point of stealing deductions from W-2 workers was to pay of the national debt and fully fund Social Security.

Spurring corporate activity and making american corporations competitive could have been accomplished by just cutting the corporate rate to 21%

The middle class is going to pay so much more in taxes when the “cuts” expire in 5 years, coupled with increased revenue from corporate activity, that the DC scumbags won’t know what to do with all of the cash.

Federal Workers will be getting three times what the private sector workers get instead of only double like they do now.


36 posted on 12/27/2017 4:01:25 PM PST by Rome2000 (SMASH THE CPUSA-SIC SEMPER TYRANNIS-CLOSE ALL MOSQUES)
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