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Old 07-24-2008, 09:33 PM
kvmj kvmj is offline
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Join Date: Dec 2001
Posts: 3,236
As in the example I gave about everybody switching to gas guzzlers, yes you could lower taxes in that case. However, if gas sales went up because more cars were on the road, no, it wouldn't work. Cutting taxes has never once increased revenue.

Cutting taxes is a pipe dream. As the dollar continues to decline, we need more of them just to pay the interest on the debt and many more just to put a dent in the principle.