Ten liberal myths about taxes
Posted by DarthDilbert at 2/05/2007 12:30:00 PMMyth #1: Tax revenues remain low.
Myth #2: The Bush tax cuts substantially reduced 2006 revenues and expanded the budget deficit.
Myth #3: Supply-side economics assumes that all tax cuts immediately pay for themselves.
Myth #4: Capital gains tax cuts do not pay for themselves.
Myth #5: The Bush tax cuts are to blame for the projected long-term budget deficits.
Myth #6: Raising tax rates is the best way to raise revenue.
Myth #7: Reversing the upper-income tax cuts would raise substantial revenues.
Myth #8: Tax cuts help the economy by "putting money in people’s pockets."
Myth #9: The Bush tax cuts have not helped the economy.
Myth #10: The Bush tax cuts were tilted toward the rich.
Read the truth about these at the Heritage Foundation
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