Kennedy Tax Cuts increased revenue, Reagan Tax Cuts too and that's a fact but he did not follow through on his promise to reduce Fed Gov and as always Congress spends spends spends, so we had deficits. Tax Cuts are Stimulus plain and simple. When you have a fiat money system and an income tax it is not complicated. Money is Debt. No new Debt, No new Money. Someone has to borrow to keep the confidence game going. Problem was/is the conterfieters became so pervasive. With each derivative, MBS, CBO, CDS to the tune of many trillions, leverage, ie debt on top of debt, money multiplied in dark rooms has sent our financial system into a manic mess. The money our Fed Gov taxes and spends is small potatoes compared to the toxic pools out there ready to implode. You are worried about the wrong things, imho. I don't just make this stuff up... SS
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