To: Principled
How much would it “cost” to eliminate personal income tax and payroll taxes for one year?
Actually, evidence shows that if you LOWER marginal income taxes, government revenues INCREASE. That happened with JFK, Reagan's and even Bush's tax cuts.
To: SeekAndFind
Yes... but lowering them to zero would be, uh, very unlikely to increase tax revenue that year!
9 posted on
01/10/2009 9:06:08 AM PST by
Principled
(They used the CRA to undermine capitalism. They're using ACORN to undermine democracy.)
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