Saturday, January 14, 2012

How will the Obama administration make up the revenue lost if taxes are increased?

Past experience has shown that tax cuts can lead to greater economic activity and therefore higher total tax revenues. Obama and the Congress are poised to let the Bush tax cuts expire. How will they make up the lost revenue if higher taxes lead to less total tax revenue?How will the Obama administration make up the revenue lost if taxes are increased?
They won't and reducing government size that won't happen either.Just put simply Tax n spend liberals will bring the US down.
One thousand percent incorrect.





Past experience has show that tax cuts lead to nothing whatsoever except padding the bank accounts of the very wealthy.



If the Bush tax cuts had worked, why did he leave us an economic disaster?



Reagan "trickle down economics" has also come to be known as "piss-on-the-poor economics". There is not a reputable economist alive who will say that trickle down works, because it does NOT. It's a cruel myth shoved down the throats of the working poor in this country, to force them to accept that the system always skews to the rich.How will the Obama administration make up the revenue lost if taxes are increased?
You have to understand Democrat financial engineering.



Let;s say, you estimate it would cost 1 million dollars to build a new building. You look around, and find a contractor who will do it for $ 950,000.00

The contractor tells you he will break even but it would at least enable him to keep from laying off his men, and he wouldn't lose money. He would just not MAKE money.



Now, you explain to the press, WE REDUCED THE DEFICIT BY $ 50,000 AND WE CREATED 25 JOBS and the income taxes they pay will help reduce the defecit.!





You just don't mention that you didn't have the $ 950,000.00 in the first place, and you didn;t really need the new buidling.



Natural born, you must consider Obama is a politician and a lawyer. He is an expert of generating enough bull-feces so no one knows what is really going on.
Whether actual revenue will be lost remains to be seen.

The answer to the question is he hasn't even thought about it because he doesn't care.

He got what he wanted everyone else be damned.How will the Obama administration make up the revenue lost if taxes are increased?
We gotta pay for two wars somehow.

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