Anonymous
Anonymous asked in Politics & GovernmentPolitics · 9 years ago

Should taxes be raised?

If you say yes than walk the walk

Gifts to the United States

U.S. Department of the Treasury

Credit Accounting Branch

3700 East-West Highway, Room 622D

Hyattsville, MD 20782

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  • R T
    Lv 7
    9 years ago
    Favorite Answer

    Eventually, but not until Congress is forced to cut spending.

    How many times has congress promised to get spending in line? They've never done so. So, show they can responsibly live within their means, then we can talk tax increases. Not until.

    Source(s): ///
  • Anonymous
    9 years ago

    History has told us many times that raising taxes during a resession in not going to work,it takes more money from the consumers and leaves them with less money to buy things,it also also dries up the number of jobs available. Less jobs=less revenue. The Republicans understand this but the Liberals just cant grasp it.

  • 9 years ago

    If they won't decrease spending, yes, tax revenues should increase.

    As a Libertarian, I want the scope of the federal government to decrease dramatically and so won't give them more money, they need to cut back on programs and follow the US Constitution. I stopped working so hard and am earning less on purpose, they need to hear the message that our police state is out of control.

  • 9 years ago

    ...or wages should be regulated (i.e. CEO can't make more than 25 times lowest paid worker), yes!

    Imagine an economy with wealth distribution as follows:

    1 person = $1,000,000

    1,0000,000 people = $1,000,000

    Total wealth equals $2 million.

    Is that economy sustainable?

    With 1,000,000 of the economy's consumers having only $1 to spend, the economy will suffer from a demand shortage and require massive amounts of welfare if the masses are to not to die from poverty (assuming all property is private and they can't just go hunting and gathering).

    If the 1 person with the ability of discretionary consumption (the 1 millionaire) does not buy the hundreds of thousands of shoes, cars, houses, football tickets, etc that will be needed to put people to work and power the economy, that economy will sink from a demand shortage.

    If the 1 millionaire redistributes his/her wealth (either through philanthropy or via taxes), then the demand problem is lessened.

    The lesson from that thought experiment is that maldistribution of wealth is an economic problem that has a very simple solution. The ancients knew of this solution, but we have allowed a hypocritical conservative philosophy to rewrite the rules of logic and history.

    The New Testament Book of Acts; Chapter 4:32-35 (NIV)

    {All the believers were one in heart and mind. No one claimed that any of his possessions was his own, but they shared everything they had. With great power the apostles continued to testify to the resurrection of the Lord Jesus, and much grace was upon them all. There were no needy persons among them. For from time to time those who owned lands or houses sold them, brought the money from the sales and put it at the apostles' feet, and it was distributed to anyone as he had need.}

    "He who oppresses the poor to increase his wealth and he who gives gifts to the rich--both come to poverty."- Proverbs 22:16.

    "As to wealth, no citizen should be rich enough to be able to buy another, and none poor enough to be forced to sell himself….If, then, you wish to give stability to the State, bring the two extremes as near together as possible; tolerate neither rich people nor beggars. These two conditions, naturally inseparable, are equally fatal to the general welfare" - Jean-Jacques Rousseau, "The Social Contract" (1762)

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  • 9 years ago

    As long as there are people like you walking around this country we can honestly say that the department of education is underfunded. The sentence should read, "If you say yes THEN walk the walk.

  • 9 years ago

    NO! Tax revenues should be increased by cutting tax rates and allowing more PEOPLE to work and thus more people eligible to pay taxes.

    whale

    uncomfortable - I agree with most of what you posted, however, taxes SHOULD NOT be raised.

  • 9 years ago

    haha

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