Quote:umm how many people have dropped out of the work force in the last 8 years? We're operating at no where near full capacity. 

 

Okay, so what would they be hired to do?

 

Keep in mind that businesses don't pay taxes on the segment of income that goes out in payroll, so lowering taxes on them doesn't actually incentive them to hire.

 

Also keep in mind that people on the lower end of the income scale already have a nonexistent or negative income tax rate and only people making a decent amount of money to start with would have a notable increase in income by lowering income taxes, and people of higher means have a lower propensity to spend additional marginal income.

 

So, what does lowering already low tax rates accomplish for the economy other than lowering government tax receipts?

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