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Old 02-06-09, 10:52 AM   #5
Bewolf
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Lowering company taxes would not do a lot but give the US government even less room to maneuver. The economy does not have a tax problem, the econmy has a credit problem, as the banks do not give out money urgently required by companies to aquisitions and investments. Cutting taxes won't help this companies at all in bringing up this money. It certainly won't help the government, which is a record deficit and debt situation and hardy able to act anymore, resulting in even more debts following generations have to carry.

Fiddling around with taxes won't do a lot in such a situation. It's up to the banks to give out money again, and the framework for this needs to be laid. Everything else is just money taken from the government the regular taxpayer has to compensate for. After all, infrastructure and education still has to be paid, and all this forms the foundation propper growth relies upon, not to talk about hospitals, the military and all the other expenses the state has to come up with.
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