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Why do those on the left say that tax cuts cost money?
I have heard this many times from liberals, and have never heard a real answer, other than they think that money magically produced by the government, and not something that is earned by ingenuity or hard work, productivity, and expansion of the private sector.
11 Answers
- stratm663Lv 71 decade agoFavorite Answer
it deceases income from taxes and therefore allows more interest to be accrued...
yes, they cost money.
and don't go there w/ the debt, this is YOUR baby...
you guys walked into a balanced budget , and thus the opportunity to clear the debt, rather,,,
you drove us in deeper..
- 5 years ago
Any assistance? you won't be able to fudge the reality. even as authorities sales did advance after the Bush tax cuts, they did not advance by more advantageous than the cuts themselves. It became round 0.5, i believe. This became said in a letter to John McCain previous to the 2008 election. The letter became written by Ben Stein who, to boot to being an actor, is a conservative economist and actually one of Nixon's former speech writers. you are able to likely discover the letter on-line in case you search for. slicing taxes to advance money is like quitting your $50,000 a year job to commence your own company however the corporate in uncomplicated words nets $25,000 in holding with year. effective, you've a sparkling $25,000 gross sales flow yet you lost a $50,000 one. information = The Achilles Heel of properly wing wack jobs. that is humorous that Laffer is trotted out by fake information each and every few months. He admitted on the on a daily basis instruct or Colbert list that he voted for Clinton and became a supporter of Clinton's economic regulations.
- Anonymous1 decade ago
Because they are delusional.
They mean that cutting taxes costs the government money, as compared to raising taxes.
Liberals just expect that taxes will rise constantly until we're paying as much as the people in Norway and Sweden, their dream countries.
- Anonymous1 decade ago
You never will get a real answer because it is not a real question. Tax cuts don't cost anything. Does cutting your personal expenses cost you anything? No.
It's just Lib word games that three year old kids play.
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- FoghornLv 71 decade ago
They are in denial and choose to believe what their lefty masters in politics and the media tell them.
The solution to the current monetary problems are to shrink the government and curtail its insanely wasteful spending. What ticks me off is that the recent commission recommendations were so light on cuts.
A very simple and painless cut, for most of us, is to integrate all government workers into SS and eliminate their pensions totally. No mention of that however.
- 1 decade ago
Tax cuts 'cost' the amount of money that the government can spend.
At least I think that's what they are thinking. One can never tell for sure.
- Anonymous1 decade ago
Why sustain tax cuts to the rich and reduce social security and medicare for those who are old and poor?
- Anonymous1 decade ago
They reduce revenue to the federal government...which would be fine, but I don't think you want to lop off 30% of the military spending, do you.
- Antonio™Lv 51 decade ago
Tax cuts to the rich cost money. See they dont create jobs with that money. THEY KEEP IT.
Source(s): Last 8 years - Spock (rhp)Lv 71 decade ago
the left assumes that all value is the property of the collective and thus nominally owned by the government.
Source(s): grampa