Gourt > Society > Issues > Economic > Taxation > Tax Cuts
A tax cut is a reduction in the rate of tax charged by a government, for example on personal or corporate income. Whether a given tax cut will increase or decrease total tax revenues is much discussed by both economists and politicians.
Economic theory
The immediate effects of a tax cut are, generally, a decrease in the real income of the government and an increase in the real income of those whose tax rate has been lowered. In the longer term, however, the effect on government income may be reversed, depending on the response that tax-payers make. Supply-siders argue that tax cuts for corporations and wealthy individuals provide them with an incentive for investments which stimulate so much economic activity that even at the lower rate more net tax revenue will be collected.
More on [ Tax cut ]
if our hc does not work, obastard says "It would be financed with tax increases and Medicare cuts." screw him and his spineless minions..
warlord72582 (john lord) Wed, 16 Dec 2009 22:23:25 -0000
if our hc does not work, obastard says "It would be financed with tax increases and Medicare cuts." screw him and his spineless minions..
http://digs.by/11Jw good arguments for why we should try Tax cuts instead of government spending.
matt_turner_atx (matt_turner_atx) Wed, 16 Dec 2009 22:14:08 -0000
http://digs.by/11Jw good arguments for why we should try Tax cuts instead of government spending.
@petehoekstra Over 75% of the first stimulus has been tax cuts so far. And yes, they have failed. That's why we need DIRECT stimulus now!
Hakib (Hakib) Wed, 16 Dec 2009 22:11:14 -0000
@petehoekstra Over 75% of the first stimulus has been tax cuts so far. And yes, they have failed. That's why we need DIRECT stimulus now!
New Round Of Green Energy Tax Cuts Proposed http://bit.ly/6YrSqR
SUNNIER (Sunnie) Wed, 16 Dec 2009 22:06:18 -0000
New Round Of Green Energy Tax Cuts Proposed http://bit.ly/6YrSqR
@whpresscorps Us 'kids' have been warning you old farts since at least 2001 when they insisted on passing tax cuts to the wealthy. Thanks.
PronPR (Jinx ) Wed, 16 Dec 2009 21:55:33 -0000
@whpresscorps Us 'kids' have been warning you old farts since at least 2001 when they insisted on passing tax cuts to the wealthy. Thanks.
New Round Of Green Energy Tax Cuts Proposed http://bit.ly/8a0SQ6
Think_LED (Chris ) Wed, 16 Dec 2009 21:53:57 -0000
New Round Of Green Energy Tax Cuts Proposed http://bit.ly/8a0SQ6
A Tax Cut... - A Brookings institute member speaks out against tax cuts, in favor of utilizing budget surpluses to resolve society's long-term problems.
Meta Description: [ William Gale Op-Ed: Economic Studies: Brookings Institution ]
BMES Press - Analysis suggesting that, despite a public perception that 'tax reform' initiatives have resulted in lower taxes for the working classes, the benefit has gone almost entirely to the rich.
GOP's Myopia on Debt Retirement - Cato Institute article arguing that budget surpluses should be used for tax cuts, not for balancing the budget.
Meta Description: [ Promoting an American public policy based on individual liberty, limited government, free markets and peaceful international relations. Extensive library of studies, articles and monographs available ]
Last Chance for Washington to Show Good Faith on the Budget - Heritage Foundation paper encouraging reductions in U.S. government spending and taxation.
Meta Description: [ The first budget Clinton submitted after the agreement contained discretionary outlays scored by the Congressional Budget Office at $12 billion over the agreed level. ]
| Income Tax Cut, JFK Hopes To Spur Economy 1962/8/13 | |
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