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Historically, cutting taxes has resulted in increased tax revenue, job creation, and a rising economy. That isn't wishful thinking, it was demonstraed after the JFK, Regan, and Bush tax cuts.
It is consumer spending that drives the economy. When you take more from them in taxes, they spend less. Look at what the "Luxury Tax" did to the boat and small airplane businesses back in the '80's. It didn't result in more revenue, because people qut buying, and when they quit buying, it put a whole lot of companies out of business, as well as all their employees out of work.
If cutting taxes is the knee-jerk Republican answer, taxing the rich is the Democrat response. And you don't have to have a doctorate in Economics to understand which works better.
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John
Ontario 32 - Aria
Free, is the heart, that lives not, in fear.
Full, is the spirit, that thinks not, of falling.
True, is the soul, that hesitates not, to give.
Alive, is the one, that believes, in love. JCP
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