The Motley Fool Discussion Boards

Previous Page

Personal Finances / Living Below Your Means


Subject:  Re: Not everyone gets a tax rebate Date:  6/13/2001  2:29 PM
Author:  oceanbeach Number:  153562 of 910563

That windbag on the AM radio said it was going to be a good idea to give the money to the rich, instead of paying the debt?

The Force is a crock.

Windbag is an ad homin attack.

AM radio is a generalization.

Giving money to the rich is propaganda. Tax cuts don't give money, they reduce the rate at which money is confiscated from the people who earn it.

There is no evidence that the Federal government would use additional tax revenue to pay off debt. In fact the size of the federal budget has grown by about 5% after inflation for the past several years. After this year's tax cut, it will grow by only maybe 2% after inflation.
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us