The Tax Questions Blog

Posts Tagged ‘tax-cuts’

Question: do tax cuts help the economy?

Answer: in the grand scheme of things... I don't think so.

A second stimulus: Are tax cuts the answer?

President Obama reportedly is considering a second stimulus depending more heavily on tax cuts than the first. Will that save the economic recovery?

House Debates $825B Stimulus Package (Bill). Spending v. Reagan-John F Kennedy Tax Cuts

Question: Do you think that the time has come for tax cuts in Britain to stimulate the economy?

Answer: I don't live in Brition but here in the US, when we did, it helped the economy a lot. Believe it or not, after we cut taxes, the national debt dropped more than predicted. Its basic econonics, you stop taking people's money, they either invest the extra or spend it. They buy more things so you genertae revenue (sales tax). The more money your citizens have in thier pockets, the better the economy will be.

Have Your Say

What do you want to see in the Budget?

How To Stimulate The Economy; $300 Billion In Tax Cuts; How To end The Recession

Question: Is giuliani's gimmick strategy of dangling tax cuts going to work?

For decades every presidential candidate promising no new taxes has broken that promise after getting elected into office.

Answer: Gerald Ford, Ronald Reagan, Bill Clinton and this current George Bush ALL cut taxes. It's just that Ford, Reagan and Bush didn't cut YOUR taxes.

What Republican candidate doesn't dangle tax cuts as an election promise? They even promise to cut taxes that the previous Republican apparently didn't cut. In the past 39 years, 27 of them have seen a Republican President. And somehow through those 27 years, nothing satisfactory has been done on cutting taxes according to subsequent promises of tax cuts.

The most recent Republican President had a Republican Congress for the first 6 years of his Administration, yet new Republicans are STILL promising tax cuts. How is it the last guy didn't cut taxes? Are they arguing he didn't cut them enough? We know he did, but just not on the middle class. Then he spent lots and lots too.

Was HE lying when HE ran on promises of "tax cuts"?

Hardly. "Tax cuts" is nothing but still the same ol', same ol' buzzword phrase for "I'm against minorities on welfare".

But the last guy had a Republican Congress and still didn't cut welfare either. So the new guy now has to sound out his buzzword siren, but has the "safety" of a seated Democratic House on whom to blame HIS lack of middle class tax cuts and lack of eradication of welfare. Clearly the last guy couldn't be counted on for either.

My theory on the success or failure of the "tax cut" promise is this:

Tax cut promises work when Joe Six Pack thinks he's the only person out there struggling financially.

Tax cut promises fail when Joe Six Pack knows everyone else around him is also struggling financially.

ROBBINSVILLE: Fried announces layoffs, salary cuts

ROBBINSVILLE Mayor Dave Fried has announced a cost-cutting plan that includes the layoffs of six employees along with pay cuts of up to 10 percent and health-care cost increases for township workers.

Proof Tax Cuts Work