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Ross Odom (not verified) says:

You guys need to focus. I'm talking about a very specific economic principle here, how changes in taxes result in changes in economic activity. First, if you read my comment you'll see that I said taxes "generally" result in increased revenue, etc. And I defy anyone to show me that that's the exception rather than the rule.

I'm not claiming to be an economics wizard, but a lot of economics is simple common sense: If businesses and those earning high incomes find themselves with fewer costs (e.g., lower taxes) and more money to spend, they will generally (remember, I said generally) spend it. If they invest it, even better. Either way, the result is a greater circulation of currency, more economic activity, and eventually higher employment. The result of all this activity is more federal taxes paid into the treasury, helping to fund things like Medicare and other entitlements. The lie that tax cuts benefit only the rich will persist in the minds who want to divide us. Tax cuts benefit everyone.

Maybe the best way to understand why lower taxes are better than higher taxes, is to periodically study your pay stub over the next few years. If your taxes rise and you see greater proportions of your income taxed away, take note of your emotional reaction, then closely observe your subsequent spending and saving habits.

And remember, if you want to pay more in taxes, the IRS will gladly oblige you. You'll not only be making an intellectually honest statement, you'll be working for change!

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