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Larry Jaques[_4_] Larry Jaques[_4_] is offline
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Default A Prognostication

On 04 Aug 2011 12:17:13 GMT, Han wrote:

(Doug Miller) wrote in
:


Surely you don't suppose that all those newly employed waiters, cooks,
clerks, and truck drivers pay no taxes, do you?

That's how cutting tax rates leads to an increase in tax revenues.


No it doesn't. That was the fallacious thinking behind the trickledown
stuff of Reagan. Yes, you increase consumption, and maybe even generate
a few jobs. But those people with new jobs don't pay but a small


Cites, please?


percentage of their wages in taxes, so it can never, ever make up for the
lost revenue.


Dump some govvy jobs to make it up. There are millions of freeloaders
in the system right now. Given a choice, I'd rather have the gov't pay
unemployment (not that they do) rather than the glitzy office budgets
and salaries lots of govvies have.

--
In the depth of winter, I finally learned
that within me there lay an invincible summer.
-- Albert Camus