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To: kellynla

The next thing is that the Republican Party (my party and yours) has for the last 30 years or so been operating under a demonstrably false and misleading premise: that tax cuts pay for themselves by generating so much economic growth that they replace the sums lost by tax cutting.
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Ben Ben Ben Ben Ben .... how can you ignore something as obvious as the results of the Reagan tax cuts? Was “Win Ben Steins Money” real? I’m beginning to think you were given the answers..


3 posted on 03/09/2008 12:05:38 PM PDT by Neidermeyer
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To: Neidermeyer; kellynla
He is absolutely right - in the short term, tax cuts do not stimulate enough economic growth to net zero in terms of government collection. Once industry gets ahold of the captial returned via tax cuts (by spending, which is not immediate) and then reinvests it into captial goods, productivity increases and tax revenues increase. But, that will normally happen a few years down the road. In the interm, the government will have less revenue than it did prior to the tax cuts.

That said, there is a large amount of waste and redundancy in government which can certainly the extracted. The question is not whether or not it exists, but whether politicans have the fortitude necessary to stare down the unions and make the cuts necessary for the health of the country.

11 posted on 03/09/2008 12:26:06 PM PDT by thefrankbaum (Old FReeper, needed a new name...)
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To: Neidermeyer

Ben has strayed far from the reservation; anyway, at this point, it is probably unlikely that we will see tax cuts at any level of government.


26 posted on 03/09/2008 2:17:19 PM PDT by Old Professer (The critic writes with rapier pen, dips it twice, and writes again.)
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