Bush tax cut analysis

Sailor Steve · 09-27-10, 09:57 AM

On the other hand I don't see why taxation and the economy are compared at all. The only reason for taxes to exist is that government has no means to generate revenue, so if we want any kind of government programs at all we have to have some taxes.

But my opinion is that they should always be considered a necessary evil, and only used where absolutely needed. Politicians like to come up with programs that will make them look good, and then force others to pay for them later.

"It is no contradiction—the most important single thing we can do to stimulate investment in today's economy is to raise consumption by major reduction of individual income tax rates."
—John F. Kennedy, annual message to the Congress: "The Economic Report Of The President; January 21, 1963

09-27-10, 09:57 AM	#14
Sailor Steve Eternal Patrol Join Date: Nov 2002 Location: High in the mountains of Utah Posts: 50,369 Downloads: 745 Uploads: 249	On the other hand I don't see why taxation and the economy are compared at all. The only reason for taxes to exist is that government has no means to generate revenue, so if we want any kind of government programs at all we have to have some taxes. But my opinion is that they should always be considered a necessary evil, and only used where absolutely needed. Politicians like to come up with programs that will make them look good, and then force others to pay for them later. "It is no contradiction—the most important single thing we can do to stimulate investment in today's economy is to raise consumption by major reduction of individual income tax rates." —John F. Kennedy, annual message to the Congress: "The Economic Report Of The President; January 21, 1963 __________________ “Never do anything you can't take back.” —Rocky Russo