Fannie Mae-No Politics (FNMA)

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Lowering taxes boosts gvt revenues, doesn't reduce them. That's because individuals, especially rich ones, are able to turn $1 into multiples of that dollar, while gvt can and does only take $1 and turns it into 80 cents, 70, 50, cents, by spending it wastefully and on politically connected donors. Think of it this way, if you could buy stock in the US gvt, would you? No, because you know it wastes money like no other entity in human history! Where will your profits come from? Does the gvt even produce anything? No, it only takes $ from the producers and puts it towards various other purposes, some of which are necessary but many of which are wasteful. Would you invest in a rich person? Or in a clever/innovative/hard working poor person? You would probably answer yes to both, because they actually produce things and contribute TO the economy rather than taking FROM it. So if you invested in those private individuals you would see a share of their profits. That is basically proof, in a mirror-image way, that when the gvt cuts taxes, it results in the productive people being able to make more $ than they were in previous years because the $ they save on taxes is $ they will invest, and they will multiply that money by being productive. Lowering taxes increases productivity, therefore. And increased productivity has almost always resulted in higher tax revenues being paid to the gvt, even if the actual tax rate has been decreased. It seems a little counter intuitive but it makes perfect sense. But since it's counter intuitive, it makes it easy for some of those in power to convince many voters that they should get outraged when taxes are cut, and that they should hate the rich, etc.