Originally Posted by
LV426
I never said anything to this effect, and I don't know how you're coming to these numbers.
All I said was that contrary to what you claim, raising taxes has never once reduced revenue. Never. Not once. And that when Obama let the Bush Tax Cuts expire on the wealthy, revenues grew more in that one year than they ever had before.
However, there is plenty of empirical and enumerated data that shows cutting taxes reduces revenue, and we can see that plainly in revenue from 2001-2004, four years of Bush Tax Cuts where the revenue collected was less than in the year 2000.
and I guess this is where you go find the post where I ever said raising taxes reduces revenue, that would be a stupid thing to say, doesn't even make sense.
Why do you create arguments in your head? you're triggered, slow down.
I'm simply saying that raising taxes, my taxes makes no sense, as if the government would spend the money wisely if we only gave them more? Are you insane?
and B. on my point you said in your post that by raising the top income bracket up another 4.5% we could generate another 325 billion, that's what you wrote, EXACTLY what you typed.
So show me where there is an extra 8 trillion from (10xmillionaires) X 4.5% =325 billion
that's the thing about math, it's not really up for debate, is it?
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