Replies to post #262913 on Zeev's Turnips Talk Politics (ZTTP)

[tinner]

The debt has ONLY increased 70% in 6 years! Wonderful leadership. Where's their outrage??????

[ieddyi]

Are you serious????

Tax revenue is jsut the sum of money the govt. collects in taxes. It has steadily increased since the tax cuts. How hard is this??? If tax revenue goes up= it means tha the govt is collecting more money- period. The way it works is that there is increased activity as the tax burden is decreased.

The borrowing is caused by out of control SPENDING, not any decrease in tax revenue

Get it???

[sortagreen]

Apparently the increase in tax revenue has not been enough to offset the losses from the tax cuts

No Bass, that doesn't make sense. More revenues is more revenues... unless they're maybe just lying through their teeth, but there is obviously an answer.

(After all if cutting taxes raises revenues, why not cut them to zero... we'll really take in a fortune.)

Yes, there may be increased revenues on lower taxes if economic activity is actually stimulated, but thowing a war on borrowed trillions isn't that wise. Economic activity isn't stimulated. Wall street can prosper temporarily, but there's also that wall of debt hanging out there. Consider how I might take $100,000 off my credit cards and really impress my neighbors, really help out my travel agent, local bike shop and Home Depot.... while all the while heading straight for the world's largest fiscal hangover, and bankruptcy. Of course sales tax and income taxes (though obviously not mine) are collected on all my profligacy, so someone gets something. But the net is loss.

Yeee Hawwww! It's America baby. Get yours.

(in the blood bath, don't laugh, grab your piece of golden calf....)