In a message dated 11/30/05 12:02:42 P.M. Central Standard Time,
[EMAIL PROTECTED] writes:
You still haven't proven it. You didn't even prove it for JFK and Sparaig it's not that important to me to do the necessary
googling. What specifically would you accept as proof? The tax cuts are
permanently successful. They never lead to a declining revenue once they take
effect because the economy expands and creates more tax payers which always make
up the difference plus. Now it's also possible that the government can
out grow the tax cuts, but that is done by spending at a faster rate than tax
revenues are coming in. That is why when presidents cut taxes to stimulate
growth they plead with their congresses to hold increased spending to the same
rate of inflation to allow the growth of the economy to proceed at a faster pace
than the growth of the government spending. This prevents deficit spending.
However , some times deficit spending can be necessary and over time the
deficits can be grown out of as the economy expands and the tax base broadens to
include more tax payers.
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