View Poll Results: What Should the Government Focus On, Raising Revenue or Tax Rates?

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  • Revenues

    25 89.29%
  • Tax Rate

    3 10.71%
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Thread: Is Raising Revenue More Important Than Raising Tax Rates?

  1. #31
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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by Redress View Post
    Lowering tax rates lowers revenue below what they would be without lowering the tax rates. While it will promote growth, the break even point tends to be quite far in the future and almost impossible to actually measure. Your premise for the thread is inherently flawed. The only way the government can affect revenue directly is by changing taxes.
    And the truth roars forth........

    .......if you want growing revenues.........a growing economy is requirement #1.......and tax cuts yield a growing economy, not tax hikes.
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  2. #32
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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by Redress View Post
    Efficiency can only take you so far though.
    We're not talking about eliminating these programs but there is a ton of waste in many of them.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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  3. #33
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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by Badmutha View Post
    And the truth roars forth........

    .......if you want growing revenues.........a growing economy is requirement #1.......and tax cuts yield a growing economy, not tax hikes.
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    Over the long term...15 to 20 years. Lowering taxes now would result in small gaines towards the end of the 2020's while costing us large amount of money now. I do not think any one has denied what I have said, that lower taxes encourages growth.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by Harry Guerrilla View Post
    We're not talking about eliminating these programs but there is a ton of waste in many of them.
    Yes, and working on those inefficiencies is a good thing, but you are only going to gain so much from that area.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

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    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by Chappy View Post

    So you can count George W. Bush among those simple minded folk who think cutting tax rates always pays for itself.
    Federal Tax Revenue After The Bush Tax Cuts


    .....well when it only works 95% of the time....I can see why you have your doubts........
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  6. #36
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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by Redress View Post
    Yes, and working on those inefficiencies is a good thing, but you are only going to gain so much from that area.
    A couple of things to contend with in efficiency and the bureaucracy.

    1 is Parkinson's Law, "Work expands to fill the time allotted."
    This is like a rule for government bureaucracies, because there is little demand for efficiency or timeliness of completion.
    They will be forced to occasionally eliminate unnecessary employees, with a floating budget.

    2 spending in a wasteful and fraudulent manner.
    Occasional lower budgets will require these agencies to reign in their spending on wasteful and redundant programs, while creating an incentive to pursue fraudulent users of said programs.
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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Because President Obama has said taxes rates aren't for raising revenue but are for punishing those of whom he disaproves.

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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by Redress View Post
    Over the long term...15 to 20 years. Lowering taxes now would result in small gaines towards the end of the 2020's while costing us large amount of money now.
    Tax cut gains are ever giving and ever lasting..........just as a 30%-50%-70%-90% tax rate is as detrimental now as it will be anytime in the future.......

    I do not think any one has denied what I have said, that lower taxes encourages growth.
    Which is akin to saying higher taxes discourages growth....to which we all agree...

    An over taxed over regulated stagnant economy will never yield as much revenue produced by a low tax/booming economy.
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  9. #39
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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by Badmutha View Post
    Tax cut gains are ever giving and ever lasting..........just as a 30%-50%-70%-90% tax rate is as detrimental now as it will be anytime in the future.......



    Which is akin to saying higher taxes discourages growth....to which we all agree...

    An over taxed over regulated stagnant economy will never yield as much revenue produced by a low tax/booming economy.
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    The problem is that you are assuming that increasing growth is good for revenue without considering the shape of that growth and what it would be pre and post tax cuts.

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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by megaprogman View Post
    The problem is that you are assuming that increasing growth is good for revenue without considering the shape of that growth and what it would be pre and post tax cuts.
    In the Divided Socialist States of ObamAmerica.....where Democrats tax everything that moves and doesnt move.......any and all growth will have liberal government's ever growing hand in the pot. The problem we have is high taxation and over regulation are killing the kitty.......
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