Do tax cuts increase income or income inequality? Republicans maintain that decreasing taxes will increase economic activity and benefit everyone. Republican economic consultant Arthur Laffer said cutting taxes → increased economy → more tax revenue. But this did not happen from 1981-2008 when Republicans held the White House for 20 years. Tax revenues were flat under […]
Archive | Uncategorized RSS feed for this section
Do tax cuts increase income or income inequality?
By kenransf on November 3, 2012 in Defense Spending, Federal Debt, Federal Tax Receipts, Government Spending, Income inequality, Social Excluding Medicare & Medicaid, Total Social Spending, Uncategorized, Unemployment
Read full story • Comments are closed
Defense spending accounts for much (or all?) of the federal debt
By kenransf on November 3, 2012 in Defense Spending, Federal Debt, Government Spending, Total Social Spending, Uncategorized
If the US defense budgets were 72% less, there would be no debt But the defense budget isn’t the only cause of the federal debt. Other commonly cited causes are: The impact of defense spending on a family’s budget keeps getting larger The Republican plan to increase defense spending by $2 […]
Read full story • Comments are closed
Recent Posts
- Do tax cuts increase income or income inequality?
- Defense spending accounts for much (or all?) of the federal debt
- Borrow and spend – Red ink everywhere from 1981-2008
- Economic indicators described – Democrats superior to Republicans 1981-2008
- 1981 to 2008 – Democrats are Superior in 8 of 9 Indicators
Categories
- Defense Spending (5)
- Federal Debt (5)
- Federal Tax Receipts (4)
- Government Spending (5)
- Gross National Product (2)
- Income inequality (1)
- Medicare & Medicaid Since 1969 (1)
- Money Supply (1)
- Social Excluding Medicare & Medicaid (1)
- Total Social Spending (5)
- Uncategorized (2)
- Unemployment (3)
- US Stocks (2)