Democrats vs the Laffer Curve?

Discussion in 'Politics' started by Jayford, May 13, 2007.

  1. Why do Dems think raising taxes automatically means higher revenues?

    The US has RECORD revs, actually in excess of GDP growth.

    Spending is the bugaboo. Yes, the Repubs are spending like no tomorrow (I don't like them either).

    But it just kills me cause I know whats going on. These people are not stupid.

    Thought process:

    "I can raise more revenue short term with a tax increase, and provide local benefits. It will get me reelected, but cripple the econ in the long term."

    We need a new political sys guys.

    Anyone who really wants to get into the econ aspects, please email me. I don't want to get into the stats too much here (too much arguing by people who don't even have econ 101 under the belt).


    I'll start up a blog if I see any interest.