Tax cuts stimulate the economy, because those of us who get them . . . spend them. So, the money goes right back into the economy. Tax increases drive major corporations to take their business to distant shores, and private citizens hunker down and don't spend.
The only tax increase I would be in favor of is one that raised taxes on people who haven't been paying. We should ALL share in this pain, even if it's only a pittance. Nobody should get a totally free ride. I would be in favor of taking taxes out of the free handouts we are giving to people so they would have a clear understanding that paying taxes is or should be universally painful. John -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Stephen Russell Sent: Monday, December 12, 2011 10:07 AM To: ProFox Email List Subject: Re: [OT] How Gingrich will solve economic problems On Mon, Dec 12, 2011 at 9:51 AM, john harvey <[email protected]> wrote: > Trickledown worked. We had the best economy we ever had because of > Ronald Reagan's policies. It was so good that even Slick Willie went > along with it and the economy did well under him. It wasn't until we > got BUSHwhacked that the economy went south, and their problem was > that they partnered with the devil (aka Democrats) to spend everything. ---------------------- You are in favor of a stimulus package that will reduce the revenue coming in instead of a stimulus that spends more money coming out? Either side of the equation we all agree that STIMULUS is still wrong. The problem was the Bush tax cuts as "MORE" of an incentive, or was that Stimulus of 2001 and then a second in 2003? -- Stephen Russell 901.246-0159 cell [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
