Wayne410 Wrote:
Nov 13, 2012 12:09 PM
um......... no, you're wrong. You make the same mistake the progressives make in assuming that tax increases means increased funds to the treasury and at this point nothing could be further from the truth. Increased taxes reduces productivity which in turn reduces the actual $'s to the treasury. But Obama has said more than once he's more interested in what he calls "fairness" than the actual $'s incoming to the gov. He knows that lower taxes on all, rich and poor alike, will increase productivity and jobs and therefore increase funds to the government but this doesn't fit his socialist ideology.