Re: Tax Cuts Don't Boost Revenues

On Feb 26, 4:48 pm, znuybv <thowil...@[EMAIL PROTECTED]
> wrote:
> On Feb 16, 11:55 am, gjohn...@[EMAIL PROTECTED]
 wrote:
> >   No amount of evidence will ever convince usenet Republicans that you
> > can't get something from nothing, but here's more evidence proving
> > that wrong anyway.
>
> >http://www.time.com/time/magazine/article/0,9171,1692027,00.html
>
> > If there's one thing that Republican politicians agree on, it's that
> > sla****ng taxes brings the government more money. "You cut taxes, and
> > the tax revenues increase," President Bush said in a speech last year.
> > Keeping taxes low, Vice President Dick Cheney explained in a recent
> > interview, "does produce more revenue for the Federal Government."
> > Presidential candidate John McCain declared in March that "tax
> > cuts ... as we all know, increase revenues." His rival Rudy Giuliani
> > couldn't agree more. "I know that reducing taxes produces more
> > revenues," he intones in a new TV ad.
>
> > If there's one thing that economists agree on, it's that these claims
> > are false. We're not talking just ivory-tower lefties. Virtually every
> > economics Ph.D. who has worked in a prominent role in the Bush
> > Administration acknowledges that the tax cuts enacted during the past
> > six years have not paid for themselves--and were never intended to.
> > Harvard professor Greg Mankiw, chairman of Bush's Council of Economic
> > Advisers from 2003 to 2005, even devotes a section of his best-selling
> > economics textbook to debunking the claim that tax cuts increase
> > revenues.
>
> Grab your ankles buddy.  When the Dems get in you won't get ant tax
> cuts.  If you have a job you'll get a good tax increase.  You deserve
> it.

  Since I didn't get any tax cut while the Republicans were in, then
you are telling me that things won't change...other than
the budget deficits will shrink so the next generation won't have to
pay higher taxes for our excesses.
    Which brings up the question: why do Republicans, that claim they
care about responsibility, are always so ready to make the next
generation
pay higher taxes so they don't have to? Are Republicans just full of
sh*t, or do they simply not understand that tax cuts without spending
cuts is
merely a tax transfer to the next generation?