Quote:
Originally Posted by L-Pink
Ever notice the first step when the economy stumbles is a tax cut to stimulate the economy?
Following this logic always brings the question ... Why in the hell aren't we always looking for ways to DECREASE government spending instead of constant new programs, entitlements, aid packages, etc ?
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The real reason is because 90% of the spending is mandated by law.
That's right we're a welfare state now !
The reason tax cuts help the economy is they get spent and taxed several times if given to the consumers to spend. When the Gov't spends the money it gets spent once and most isn't taxed again.