>>>How hard is this??? If tax revenue goes up= it means tha the govt is collecting more money<<<
If you leave taxation alone....yes. If the sum of the losses due to tax cuts exceeds the benefits of increased tax revenue.......no.
I'll try to make it simple. After hearing about Bush's tax cuts you decide to work an extra 5 hours a week to take advantage. This earns you $250 out of which $50 is taken out in taxes. Meanwhile though, the tax cut has reduced taxes on your monthly paycheck by $300. So the tax cuts enticed you to create an additional $200/month in tax revenue to offset the $300 they gave back to you.
>>>The borrowing is caused by out of control SPENDING, not any decrease in tax revenue<<<
SPENDING is supposed to be financed by taxes. The reason they're borrowing with both hands is that not enough taxes are collected to pay for the spending. When smaller government republicans can't even make it work why aren't you asking more questions?
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