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Subject: Nope. Nothing about a tax cut "causes" a deficit.

Posted by: SemperFidog on Tue Jul 27 2010 10:26:45 AM

Message:

Assuming that tax cuts equate to reduced revenues (which is another
entire argument), only continuing to spend at the same levels or
higher after a tax cut creates the deficit.

Current Thread:

"The political genius of supply-side economics" -- Levin Mon Jul 26 2010 9:18:31 PM

Unfortunately, a lot of that is true... -- bugboy Tue Jul 27 2010 5:30:16 PM

I'm shocked but good post ** -- dawggonit Tue Jul 27 2010 6:44:48 PM

Tax cuts don't cause deficits, borrowing and spending does. -- SemperFidog Tue Jul 27 2010 10:12:38 AM

So do tax cuts and spending... ** -- dawggonit Tue Jul 27 2010 10:15:44 AM

Nope. Nothing about a tax cut "causes" a deficit. -- SemperFidog Tue Jul 27 2010 10:26:45 AM

Re: In practice, neither party is going to "cut spending" -- dawg_o_rama Tue Jul 27 2010 10:47:24 AM

No shock I'm sure, but I'm registered as a pub. -- SemperFidog Tue Jul 27 2010 11:26:23 AM

Sadly I agree Semp... -- gulfportdawg Tue Jul 27 2010 1:56:41 PM

Indeed ** -- dawggonit Tue Jul 27 2010 8:49:11 AM

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