Quote:
Originally Posted by pricejj
Neither the author, nor the OP, understand basic economics.
Economic activity, and jobs are created when tax rates decrease. Lowering tax rates has proven to envigorate economic activity, and thus increase the amount of tax revenue collected....something which the OP didn't even consider.
The CBO would definitely consider the amount of new tax revenue generated by reduced tax rates, and would include it while scoring any new legislation.
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Yep, those ignoramuses at the Tax Policy Center have no idea what they're talking about. You can decrease revenue, increase military spending at an exponential rate and throw in a free puppy and everything will magically work out. It's the same old failed supply-side economics model. But every good scam needs a sucker.