Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: All

The yearly revenue coerced from us is not enough to pay the yearly bills. The only answer is GROWTH. How do we get the economy to grow and produce more revenue? According to past experience (Reagan, Kennedy, etc.), the best way to get the economy to grow is to cut taxes, resulting in an explosion of new hires and new purchases. See Laffer curve.


19 posted on 11/30/2012 3:10:41 PM PST by Liberty Wins
[ Post Reply | Private Reply | To 18 | View Replies ]


To: Liberty Wins
The only answer is GROWTH.

If we only have growth, without a radical reformation of Congress, growth will be eaten up by taxes that will be required to pay ballooning debt service and the insane Conressional spending that would ensue.
24 posted on 11/30/2012 6:39:16 PM PST by PieterCasparzen (We have to fix things ourselves)
[ Post Reply | Private Reply | To 19 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson