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Originally Posted by detbuch
Tax cuts would be government, the top, relinquishing power thus restoring it to the bottom, the people, so, would be enabling the bottom to direct and produce more. Tax raises would be the opposite, shifting power to the top, the government, and siphoning power from the bottom.
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You could also argue that in our present situation tax raises would enable the bottom by building a stronger state in which to prosper. Yes, this does assume a level of responsibility we've not seen from either party.
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Progressive shift in politics has now given government the highest position.
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Assuming that in this case "Progressive" = Republicans and Democrats?
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And now there is only the dwindling Afghanistan war, so tax cuts, even under the pay for the war responsibility, especially if they allow the private sector to flourish better as a bottom up force thus creating more gvt. revenue, shouldn't be such a problem, and especially if the gvt. stops, or at least cuts back on, its bureaucratic spending.
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There is no war dividend when you're running a deficit.
I'd also argue that government revenues ultimately have more to do with larger (increasingly global) economic trends rather than incentives like low taxation or deregulation.
Our taxes are at historic lows and wealth continues to concentrate at the top and be funneled offshore. Trusting industry has given our housing market a 10+ year wound...
How can anyone seriously argue that yet lower taxes and even less regulation is going to change the vector positively for the American people?
-spence