Tax Guru-Ker$tetter Letter

Monday, October 20, 2003

Backwards Thinking
Government makes up for lost revenue by borrowing - Typical leftist lies from the New York Slimes' official Marxist economist on how the deficits are caused by the tax cuts and not by reckless out of control spending. If his idiotic advice to roll back the Bush tax cuts were to be implemented, it would compound the deficit problem by really reducing revenues.

A fact of life that the lefties refuse to acknowledge is that lower tax rates increase incentives for people to earn taxable income, resulting in higher dollars being sent to our rulers in DC. Higher tax rates create very real disincentives to show taxable income, resulting in fewer dollars for DC. A lie doesn't become true just by continuing to say it. The Left's persistence in trying to link tax rate cuts with budget deficits just shows how incapable they are of telling the truth about anything.
- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 10/20/2003 02:23:00 PM Send this post: