Raise Tax Rates and Reduce Tax Revenue

It’s there for all to see; those who want to raise taxes and those who don’t. Yet, we have the ongoing political debate. The numbers themselves do not lie; politicians do.

Fact: Lower the tax rates and revenues will generally increase. Look at what has happened whenever this has occurred in the U.S. for the past 40 or so years while the political debate has raged.

Fact: Politicians use the higher tax debate to implement class warfare. There’s an element of envy where lower income folks want those who have higher income pay a higher rate, and politicians on the left take advantage of the envy. (See Earl J Weinreb NewsHole® comments.)