Quote:
Originally Posted by ChristopherHall
You had mentioned lighter taxes. What good are lighter taxes when the cost of other things like health care and fuel are steadily rising far beyond the savings we’d save if they cut all our taxes altogether? I mean, if they could negotiate a price for every citizen for a service (like health care) and subsidize it with a tax increase that is even less than what we pay for the same service right now including the negotiated premium, thereby landing more of your own money in your pocket, is that not lightening your burden?
****Not interested in directly debating health care. I’m just interested in understanding why the idea of a moderate tax increase with negotiated costs for a service that are lower than current free market cost is undesirable when we’d save more of our own money with it.****
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Its been proven that tax cuts, if done correctly, can actually
increase revenue, because it stimulates economic activity and increases the movement of capital. The flow of money in the economy provides larger revenue even at the lower tax rate.
And tax increases many times will
reduce revenue. Higher taxes reduces investment, reduces hiring by employers, and reduces the amount of money in the hands of businesses and consumers. This stifles economic growth, and causes a reduction of the flow of capital within the economy... leading to less tax revenue coming in, even with the higher tax rates.
Its a concept most liberals fail to understand, for some reason [
even though it's been statistically observed over and over again!].
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