Dixie - In Memoriam
New member
Suuuuuuure, guy. Republicans hate pay-go. They hate it because they know that in the real world, there are two sides to a balanced budget equation, revenues and outlays. And increasing taxes is a non-starter for them. They don't care one whit about the deficit. They only care about cutting taxes. Period. End of story.
It's because cutting taxes increases tax revenues, which means fewer programs have to be cut or eliminated to balance the budget. The more you increase taxes, the more you stifle growth and cause less tax revenue to be produced.
I know pinheads don't get this, they think of our collective income as being a static number that never changes much, and tax rate is just the portion allotted to the government. If we taxed profits at 100%, how much profit would people generate? You think, record profits? What would be the purpose of working for record profits, when the government is going to take it? The point is, lower tax rates, encourage growth and an expansion of the pie, therefore, government's slice of pie is bigger.