AdamT
DP Veteran
- Joined
- Jul 26, 2011
- Messages
- 17,773
- Reaction score
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- Gender
- Male
- Political Leaning
- Undisclosed
The problem for liberals is that the tax rate cuts saw an increase in revenue after fully implemented and liberals cannot explain it. Liberals always ignore human behavior and the benefit to the taxpayer and the economy from those tax cuts. I see no valid point in discussing lost revenue that didn't happen.
The problem for conservatives is that even conservative economists now admit that tax cuts reduce revenue, as they did under Bush. In his case the results were masked to some degree by the real estate bubble, but we've seen how that turned out.