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Message Subject $180,960,000,000.....Just Look at IT!
Poster Handle Anonymous Coward
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You really don't understand taxes do you.

Taxes are not money that the government has in a piggy bank that they give to people.

Taxes are fees people must pay if they .... make a profit.

So if today a small business profits $100,000 and has to pay a tax of 10% then they owe $10,000 to the IRS.

Now if a small business grows and hires 10 more employees and profits $200,000 and instead of paying 10% ($20,000) they may only have to pay 8%.($16,000)

Sure their tax rate lowered 10% to 8% but the amount they paid increased from $10,000 to $16,000.

But their additional employees also got paid and had to pay income taxes. They new employees then went and bought themselves toys so they were also taxed with sales tax.

The lower tax rate on the business let them hire more employees and the government recieved more money.

The democrats only want to talk about tax rate as a percentage but the rate has nothing to do with the amount of money the government brings in as a total.

That is why the democrats run deficits every year.
 Quoting: Anonymous Coward 10600600


Simple enough for even a Democrat to understand...well done!
 
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