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Scott Leffler


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Tax cuts stimulate the economy?
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Let me first say that I don't want anyone to pay any more taxes than they already do. And for that matter, I don't think we get much for what we DO pay ... so in theory, I like the idea of cutting taxes.

But ... if tax cuts stimulate the economy, why did the last two presidents to cut taxes - George W. Bush and Ronald W. Reagan - both end their administration with an economic downturn?

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Nick Smith


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Deficit spending, tax cuts must be attached to spending cuts. Without the spending cuts you get inflation and bubbles. Add to that the Federal Reserve and fractional reserve banking that creates the business cycle. The bubbles created eventually pop and its not really exact science when they will pop. Except for their rhetoric, George Bush and Ron Reagan were hardly free market capitalist.

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jeffA


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Americas current tax system adversely affects the US economy in several ways. The fact that tax regulations are the highest ranked problem in this country cant be ignored. The Congressional Research Service conducted research published it several months ago. However, the report conflicts with their ideological views on taxes. It has disappeared from the public record as Congressional Republicans ordered to delete it. Read more: Taxes and Economy.



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pinanyede


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hello everybody ,happy new year ,today  is very sunny



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