Quote:
Originally posted by DieselHead
The Republicans screw you over unless your salaray is at a point where you don't need to pay payroll taxes. So in effect, the Republicans are screwing over the middle class. Well, actually, they're REALLY screwing over future generations. Everyone seems to get some kind of break (although they're disproportionate) which means the federal revenue is going to drop sharply even as gov't spending goes up. Doesn't make too much sense. Who cuts taxes sharply in a time of war and global insecurity? Even John McCain sees that.
Alex
|
WRONG again! If you had done your homework on this subject, you would have found out that, in the history of tax collection by the IRS, every time tax rates have been lowered, government revenues have eventually gone up. Every time tax rates have been raised, government revenues have eventually gone down. EVERY TIME. Lower taxes = more disposable income. More disposable income = more individual spending. More individual spending = increased government revenues. Works every time!
Mike