>Sending money to someone who pays no taxes is not a cut. You can't >cut less than 0. That is a handout, pure and simple.
False. The poor pay a disproportionate percentage of their income to taxes. You conveniently forget that income tax is just one of many taxes paid. >I have to admire, however, the assumption that tax cuts are spending. >This would mean that it is already presumed that your income belongs >to the state to spend as it sees fit. Only by the good graces do they >let us keep some for ourselves. False. You live in a world of hyperunreality. When you increase your assets that is income. When you decrease your assets that is an expenditure. You are doing one or the other. When somebody owes you money and you tell them to forget about paying it you have reduced your assets, that is an expenditure. Do the neocons have some special Enron-style accounting principle that turns expenditures into income? Get real! >I used to believe that you can't spend what you don't have, but the >past few months have proven that theory to be utterly false. False. That theory has been false for several millennia. Phoenician tablets (1250 BCE) have been found with letters of credit. Every time you use a credit card you are spending what you don't have. Nothing bad happens. Quite the opposite, credit is lubricant for the economy. ************************************************************************* ** List info, subscription management, list rules, archives, privacy ** ** policy, calmness, a member map, and more at http://www.cguys.org/ ** *************************************************************************
