gary
I think all the Tea Party congress people should be voted out of office and we get some real actions from the liberals to get this country on its feet again. Let's start by voting out of office men like Boehner and the guy with his tax cut plan that will make us pay more and the rich get a tax cut. Please, no snide remarks from the conservatives. Just facts, mam. Just the facts.
1 Answer
Jack Large
You are confused, history proves that LOWERING the tax RATES for all taxpayers results in INCREASED income to the US Treasury, the result of more spending by companies and individuals.
That happened when it was done under Presidents Kennedy, Reagan and George W Bush and even under Obama, when it EXTENDED the Bush take RATE cuts.
When taxes were RAISED under Presidents George H Bush and Clinton the income to the US Treasury went DOWN not up.
According to the House Budget Office, the TWO TRILLION dollar tax INCREASE under Obama-care will add more TRILLIONS to the NATIONAL DEPT beginning in 2014, as well as taking 500 BILLION out of and Social Security, further increasing INFLATION and reducing your purchasing power.
| 11 years ago. Rating: 2 | |
