Comments on: Cindy McCain and Laura Bush Confirmed http://www.one.org/blog/2008/09/02/cindy-mccain-and-laura-bush-confirmed/ Sun, 22 Nov 2009 02:41:39 -0600 http://wordpress.org/?v=2.8.5 hourly 1 By: Seth http://www.one.org/blog/2008/09/02/cindy-mccain-and-laura-bush-confirmed/#comment-549361 Seth Wed, 03 Sep 2008 13:46:43 +0000 http://www.one.org/blog/2008/09/02/cindy-mccain-and-laura-bush-confirmed/#comment-549361 Not to start a political debate, but please know that raising taxes does not always result in increases in revenue, nor has it with respect to recent tax increases (cbo.gov). Taxes were reduced in 2001, which according to Mark would result in an increase in revenue; however, government revenue did not surpass pre tax revenue until 2005. The only way tax revenues would increase is if you were on the right side of the laffer-curve (http://en.wikipedia.org/wiki/Image:Laffer-Curve.svg) which it appears we were not. I'm not making a case for higher taxes just don't want people to believe that lower taxes leads to higher revenue. When it sounds too good to be true it usually is, there is No Free Lunch. Not to start a political debate, but please know that raising taxes does not always result in increases in revenue, nor has it with respect to recent tax increases (cbo.gov). Taxes were reduced in 2001, which according to Mark would result in an increase in revenue; however, government revenue did not surpass pre tax revenue until 2005.

The only way tax revenues would increase is if you were on the right side of the laffer-curve (http://en.wikipedia.org/wiki/Image:Laffer-Curve.svg) which it appears we were not.

I’m not making a case for higher taxes just don’t want people to believe that lower taxes leads to higher revenue. When it sounds too good to be true it usually is, there is No Free Lunch.

]]> By: Mark Peters http://www.one.org/blog/2008/09/02/cindy-mccain-and-laura-bush-confirmed/#comment-549356 Mark Peters Wed, 03 Sep 2008 05:10:53 +0000 http://www.one.org/blog/2008/09/02/cindy-mccain-and-laura-bush-confirmed/#comment-549356 Thank you Thank you

]]> By: Mark Peters http://www.one.org/blog/2008/09/02/cindy-mccain-and-laura-bush-confirmed/#comment-549355 Mark Peters Wed, 03 Sep 2008 05:09:06 +0000 http://www.one.org/blog/2008/09/02/cindy-mccain-and-laura-bush-confirmed/#comment-549355 BY adopting conservitive ideals, you will be requiring responsibility and accountibility from your legislators and representitives to do the right thing- spend our tax dollars appropriately and justifiiably- cut waste in spending and appropriate those saved tax dollars into well intentioned causes like what you are advocating here. Tax cuts have always resulted in more revenue coming into the goverment coffers-- deeper tax cuts will ultimately result in even more tax revenue for the government- advocate for deeper tax cuts- advocate for larger tax deductions for charitable contributions by corporationsfor causes such as this. Change will come, but only if you advocate for taxation policies that have been proven to work (not the pie-in-the-sky crap that Obama is blindly advocating). BY adopting conservitive ideals, you will be requiring responsibility and accountibility from your legislators and representitives to do the right thing- spend our tax dollars appropriately and justifiiably- cut waste in spending and appropriate those saved tax dollars into well intentioned causes like what you are advocating here. Tax cuts have always resulted in more revenue coming into the goverment coffers– deeper tax cuts will ultimately result in even more tax revenue for the government- advocate for deeper tax cuts- advocate for larger tax deductions for charitable contributions by corporationsfor causes such as this. Change will come, but only if you advocate for taxation policies that have been proven to work (not the pie-in-the-sky crap that Obama is blindly advocating).

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