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jklugmanfollowshare
9-7-2009 6:52 AM
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jklugman says:
indeed, the point estimates suggest that tax cuts increase spending. The results also indicate that the main effect of tax cuts on the government budget is to induce subsequent legislated tax increases. Examination of four episodes of major tax cuts reinforces these conclusions.
2 Comments   | Add a Comment
9-7-2009 7:47 AM
masbury
Good clip!
9-13-2009 12:33 AM
willhelm
Cutting taxes increases revenue to the treasury. The issue is not as much about taxes as it is government corruption, waste, irresponsibility, statist control, social control, politics, hate and the fact that confiscating individual property involves an ideological spectrum which includes many who believe it is morally wrong to take something that someone earned by force and redistribute to someone else who did not. The issue you raise is a non sequitur. On top of that, this has always been straw man (boy, do I wish people were trained to recognize this) applied to the Reagan era, but the economists almost unanimously agree and evidence shows that more dollars turn over with greater frequenc...
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