Quote:
Originally Posted by stevo
Why would anyone want to repeal the tax cuts? Tax revenues have increased since the implementation of them in 2003. Do people actually think the only way to raise tax revenue is by raising taxes? What don't people understand?

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I understand Stevo. The problem here is that good paying jobs are leaving, manufacturing is leaving, industries are leaving..... those build tax revenues.
You don't need to raise taxes to build revenue, you need businesses, you need growth, you need industry, manufacturing, education and so on.
YOU NEED A FUNCTIONING MIDDLE CLASS WITH HOPE FOR THE FUTURE.
When the median income hasn't gone up, the slightest bit of inflation hurts. You need to at least see income move with inflation. When you see a needed industry so out of control in their inflationary moves (such as healthcare, such as utilities, such as colleges) and you make cuts in supproting those industries so that people absorb more... you're slowly bankrupting them.
The tax cuts would work IF and only if the people recieving them spread the wealth and invested in research and development, education, industry, built factories here, put people to work with decent wages, allowed workers more discretionary income.
But that is not what is happening. What is happening is the people who got the tax cuts invested elsewhere, took jobs elsewhere, kept wages the same and kept the wealth.
The middle class is receding and is on the verge of collapse. Without the middle class, the tax burden will totally fall upon the rich.
So no, tax cuts are not in and of themselves evil..... in fact theoretically they should help. But in our society of greed and money being power, the purpose of the tax cuts are lost.