I am putting my last *&%^ payment in next week.. I got slaughtered this year ****SIGH****

I will not lower my standards.. So UP YOURS..

GUN CONTROL Link

Taxes are supposed to pay for those services that individuals and/or localities cannot pay for themselves. Lower taxes = less services. We can't have it both ways. What services are we willing to give up in order to lower taxes? Have we taken the opportunity to voice our opinion about these choices? Have we been listened to? Are we watching carefully how our tax money is being spent? This responsibility of being a citizen takes a lot of time . . more time than sitting at the computer.

Drives the Economy.. Not the other way around DM.. A better economy will drive up the revenue to the goverment.. thus more of your services..

I will not lower my standards.. So UP YOURS..

GUN CONTROL Link

Let me see if I understand you correctly... are you claiming that if if the government lowers taxes, government revenue goes up?

Just curious.

"Does tax relief mean more economic growth? Many people believe the answer is yes, and now they get strong support from the staff of the U.S. Treasury."

Revenue Growth with Lower Taxes

I will not lower my standards.. So UP YOURS..

GUN CONTROL Link

That was an interesting link...I'm not sure, however, that it's germane to the question I asked.

I asked the question "Do tax cuts pay for themselves?" The link you provided has Harvard professor of economics Greg Mankiw answering a slightly different question, i.e. "What will it take to get tax cuts to pay for themselves?" The devil, not surprisingly, is in the details (specifically, "Lesson #3" in your article): In order for tax cuts to pay for themselves, you have to have a corresponding drop in government spending. Of course, both Democrats and Republicans have declined to do so.

So where does this leave us?

I'm glad you cited Prof. Mankiw as an expert, he's very knowledgeable about the effects of tax cuts. He's written the standard college Economics textbook, and he was unequivocable regarding the effects of tax cuts:

"Matthew Weinzierl and I estimated that a broad-based income tax cut (applying to both capital and labor income) would recoup only about a quarter of the lost revenue through supply-side growth effects. For a cut in capital income taxes, the feedback is larger--about 50 percent--but still well under 100 percent."

I believe this is pretty convincing evidence that tax cut do not pay for themselves via supply-side growth. My feeling is that the Laffer Curve theory, so popular in the 1980s has been quite thoroughly disproved by 20+ years of empirical evidence.

Do you bother to read what you post as evidence? This article was written in 2006 - and referred to the Bush administration. This is 2009! Their economic theory did not work!