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To: kabar

Raising marginal rates DECREASES federal revenue. If they wanted to increase revenue they would DECREASE marginal rates, not raise them!


91 posted on 01/02/2013 6:33:45 AM PST by central_va ( I won't be reconstructed and I do not give a damn.)
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To: central_va
In the case of income tax for the 98%, raising the marginal rates would increase revenue compared to keeping them the same. It is just math.

Of course, increasing the marginal rates will take more money out of the economy and hurt other areas such as businesses.

As far as the 2% are concerned, do you disagree with the CBO estimates as to how much additional revenue would be raised by going back to the Clinton rates?

92 posted on 01/02/2013 6:54:42 AM PST by kabar
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