Is raising taxes good for the economy, neutral, or bad? (user search)
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  Is raising taxes good for the economy, neutral, or bad? (search mode)
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Poll
Question: Is raising taxes good for the economy, neutral, or bad?
#1
Good
 
#2
Neutral
 
#3
Bad
 
Show Pie Chart
Partisan results

Total Voters: 44

Author Topic: Is raising taxes good for the economy, neutral, or bad?  (Read 5958 times)
A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35

« on: December 20, 2004, 08:03:16 PM »

Sixty-eight percent (68%) of American voters think raising taxes is bad for the economy. Let's see how that compares to the forum.
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35

« Reply #1 on: December 20, 2004, 09:03:46 PM »

Was the national poll question phrased exactly the way this one was (with neutral as a specific option)?

I don't know how it was asked, because Rasmussen only referenced it in part of an article.
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35

« Reply #2 on: December 20, 2004, 09:31:35 PM »

QUIT REPEATING THAT NONSENSE.

People keep their ENTIRE PAYCHECK. They spend MORE buying stuff, but they have MORE money in the first place. It is neither good nor bad for the economy.

If you make $2 trillion and only use $200 of it, you're living like a poor guy, and should pay the same taxes.
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35

« Reply #3 on: December 21, 2004, 12:30:08 AM »

The sales tax plan includes a rebate, and is about as progressive as the current system. Here's where you mentioned the economy:

So it would encourage people to save all of their money, and spend very little. That's not good for the economy.
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35

« Reply #4 on: December 21, 2004, 12:38:53 AM »

Right here: https://uselectionatlas.org/FORUM/index.php?topic=13190.0

The sales tax plan brings in the same amount of revenue to government after the rebate.
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35

« Reply #5 on: December 21, 2004, 12:41:27 AM »
« Edited: December 21, 2004, 12:50:06 AM by Philip »

Here's an interesting CATO article on the subject.

http://www.cato.org/pubs/pas/pa-272.html

15 Percent National Sales Tax: Effective Tax Rate with Poverty Exemption for Family of Four
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35

« Reply #6 on: December 21, 2004, 01:45:25 AM »

I think this is a fairly good idea.  Granted, I'm horrible with numbers and I'm no economist, but I don't understand one thing about it: does everyone get a rebate of $18,588?  I'm guessing they do, but the article isn't really clear, as far as I'm reading it.

Yes, everyone gets the rebate, rich or poor. Also, the rebate is slightly larger for people with larger families.
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