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c312 · 07-26-2005, 02:57 PM

ok, here's the idea behind it. With tax cuts, people have more money, that's more money to be taxed, so even though the taxed percentage is smaller, the actual value is also higher. Also, corporations expand when they get money and spend more money in attempts to gain more. All of this spending stimulates the economy.

So far, companies are hiring more people, indicating the foreseen expansion, and the employment rate is going down. Also, the GDP has been growing for a very long time which means that people are spending more money.

	(#5)
c312 is Offline Command Sergeant Major Posts: 2,769 Join Date: Jul 2005 Location: Virginia	07-26-2005, 02:57 PM ok, here's the idea behind it. With tax cuts, people have more money, that's more money to be taxed, so even though the taxed percentage is smaller, the actual value is also higher. Also, corporations expand when they get money and spend more money in attempts to gain more. All of this spending stimulates the economy. So far, companies are hiring more people, indicating the foreseen expansion, and the employment rate is going down. Also, the GDP has been growing for a very long time which means that people are spending more money.