Tweaker
BOHICA
- Joined
- Dec 1, 2002
- Posts
- 736
The 20's - I'm not even going to bother with, like comparing apples to oranges. In 1915 5% of the population payed taxes, in 1920 it was 20%. Only the super rich were even taxed to it isn't an apt comparison. - Cale
Less than 50% of people still pay taxes today, after all the manipulations and perversions of the tax code (special interests). If you have a decent job, you are "super rich" and get to support the other half of America that does not.
Though I am a financial conservative, I agree that lower tax rates does not equate to increased tax revenue. There is increased productivity, but only 30% of the difference vs. the cuts. I, and most others of my ilk, probably still don't care, and think there is a ton of fat that can be cut from the other side of the equation.
Spending is the problem, and that is why much larger tax cuts are very much appropriate. I agree with you about the effect of the cuts, but I very much doubt you will have success in arguing against spending cuts. As far as who is guilty of the increased spending...nearly every politician in the last 100 years. The federal .gov has become a Leviathon and it will be our undoing.
Less than 50% of people still pay taxes today, after all the manipulations and perversions of the tax code (special interests). If you have a decent job, you are "super rich" and get to support the other half of America that does not.
Though I am a financial conservative, I agree that lower tax rates does not equate to increased tax revenue. There is increased productivity, but only 30% of the difference vs. the cuts. I, and most others of my ilk, probably still don't care, and think there is a ton of fat that can be cut from the other side of the equation.
Spending is the problem, and that is why much larger tax cuts are very much appropriate. I agree with you about the effect of the cuts, but I very much doubt you will have success in arguing against spending cuts. As far as who is guilty of the increased spending...nearly every politician in the last 100 years. The federal .gov has become a Leviathon and it will be our undoing.