Quote:
Originally Posted by Cannon Shell
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And the best part of that is showing how our income from the wealthy will increase, thus help cut our deficit.
Are you posting that in support of this contention?:
"As I have said before, the economy doesn't operate in a vaccum. let's say that we did eliminate the cuts and raise taxes. Lets say that causes our economy to stagnate as the mega rich move more money offshore or to tax shelters or they stop investing in their businesses, ect. The slowing down of economic growth would most certainly cause the extra money supposed to be raised by the cuts to be lower than suggested. Add in tax reciepts overall decreasing as the economy gets worse. Not a good picture."