I am familar with the Laffer bend so we we know raising taxes can simply backfire-and slicing spending would be better. However if there was the bipartisan buget devise that would furnish the bill over-abundance by slicing spending as well as raising taxes would we be opposite it or for it.
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With a two to one ratio of budget cut to tax increase.
No, but I would support cutting spending.
Let’s start with no more wasteful bribery such as the Cornhusker kickback, the Louisiana Purchase etc.
yes but only if it was a flat tax
Why do conservatives keep pushing for tax cuts when they’re less effective than government spending?
"The multipliers showed that increased government spending would have more of a multiplier effect than tax cuts. "
"In congressional testimony given in July 2008, Mark Zandi, chief economist for Moody’s Economy.com, provided estimates of the one year multiplier effect for several fiscal policy options. The multipliers showed that increased government spending would have more of a multiplier effect than tax cuts. The most effective policy, a temporary increase in food stamps, had an estimated multiplier of 1.73. Making the Bush tax cuts permanent, had the second lowest multiplier, 0.23. A payroll tax holiday had the largest multiplier for tax cuts, 1.29. Refundable lump-sum tax rebates, the policy used in the Economic Stimulus Act of 2008, had the second largest multiplier for a tax cut, 1.26.[2]"
http://en.wikipedia.org/wiki/Multiplier_effect#cite_note-1
No, I should not be taxed MORE because of some other idiots mistake. I support cutting spending.
If you cut the spending out. Why try to pay off something if they are going to keep blowing up the deficit with gang tattoo removal, tv converter boxes and all those things the government has no business doing.
Taxes are to high ,time to cut the size of government less spending a lot less.
Taxes are not the problem, spending is the problem. The higher taxes are, the less freedom we have.
No. Higher taxes would result in higher government spending. The only way to eliminate the deficit and begin to reduce the national debt is to cut government spending. There is no other way.
If government gets more revenue from higher taxes it will increase spending to absorb this additional revenue. Higher taxes will actually result in higher debt.
I’m for cutting entitlement programs like welfare.
Taxes do not need to be raised. Responsibility does, however. The taxes you speak of would only equate more wealth redistribution.
No, that would not be necessary.
Lets cut spending where it counts THE DEFENSE
If I was to agree to that then all the welfare to the lazy with their hands out would have to end.
Against.
I’m for eliminating useless government departments and thousands of bureaucrats. I am also for substantially reducing entitlements and putting time limits on them.
I am also in favor of Congress passing no law that they would be exempt from.
I feel that the government is so wasteful now, and drunk with power. I don’t believe that any tax bill, regardless of what it was started for would be applied toward it’s intended purpose.
I don’t see that increasing taxes would generate significantly more revenue after the first year of that tax, unless there was some way of determining that the tax level we went to was the optimal Laffer tax level.
Plus, I’d demand the spending cuts first, and then determine whether a tax increase was necessary.
I’m a Flat Tax supporter, which in essence takes away all power from Congress. Even a sales tax venue still gives them the power to spend away. Flat Tax does not.
After the spending that both sides have placed us through over the years, I no longer have trust nor faith in our politicians. It will take years for them to prove that they’re trustworthy and worth their words.
If every single politician and otherwise overpaid government employee took a cut in their salaries. And had to pay the same taxes we do.
Lemme guess all these eggheads are going to say "cut welfare".
Not because it represents a significant portion of spending or anything – but because its their chance to look down on someone else. A welcome change in the life of some citizens.
No.
By lowering taxes the government actually takes in more money.
I would support lowering taxes or even the Fair Tax Plan, as explained at http://www.fairtax.org
I would also support cutting spending. How is it that the government can never do with less, but we the people can? IF I only have a certain amount of money coming in, I have to budget accordingly, I can not legally go to someone and take their money…That would be a crime. The government does that very thing by raising our taxes instead of cutting spending.