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Why does the Government believe more taxes will increase economy?

Especially for the rich. How will greater taxation be able to benefit Americans in general? Does it add some sort of cash infusion to the market? This isn't really rhetorical. I just want to know what the Government is thinking.

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The nation is faced with a gigantic debt problem. There are only 2 ways to fund the government and pay down the debt: raise revenue through increased taxation and reduce spending. The administration proposes to do both.

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How will it raise revenue?
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They will never stop spending!!
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So they get payed more

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You are probably correct, sadly
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They are out of ideas.We are so far in debt,there is no way a tax increase will bring us back.Thanks G.W. Fire everyone in congress.That would save us millions a year.(they don't do s#it anyhow)

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Thanks G. W.? Get real!! Did you forget Dumbo was the prez.?
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Thanks G.W? Let me remind you, bush, 4 trillion 8 years, 9/11, war. Your messiah, 5 trillion in 4 years, dems won't even address making a budget( required) or spending cuts. Your blaming Bush going into B O's second term is wearing thin!
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increasing taxes really effect upper class suffer and goverment may believe the wealthy could take negative effect of this

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war is expensive and the government needs to cut more spending....they think more taxes will cut down on the money that we owe plus their stupid and all we know is what they tell us right?

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only the democrats think that. Raising the tax rate does not necessarily increase revenue. The government can get more money by lowering taxes to the optimal level. This stimulates growth and more spending so more people are employed and buying things. This means more people are paying taxes on income and sales. This is Reaganomics and it works. look at the worst case scenario: The tax rate is 100% No one can buy anything or pay anyones salary. So the following year. the government could collect no taxes cause there was nothing to tax

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Because we will have more money and that is what we are lacking.

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Our taxes are lower now than they were during the Clinton years. Bush instituted tax cuts because we had "such a surplus". He was asked to include a failsafe in case the economy took a downturn or something and didn't. If he had taxes would have been brought up to previous levels in 2004. We have and had very expensive wars to pay for.

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one does not simply ask that question. hahaha

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There was a time Republicans called the golden yrs(look it up) taxes on the wealthy were @59.5%. when Clinton was pres taxes on the wealthy were 39.5 %.we all had jingle in our pockets.
Now let me ask you this if you could make money w/ o spending money (like hedging loses on the market) If the govt was handing you money would you open a factory or hire anyone?
answer your question?
the wealthy are NOT an endangered species that needs protectionThe fortune 500 has quintupled since 2008.
Reagan borrowed from SS to support his tax breaks how'd that work?
. Gb43 borrowed from China to support his tax plan and a war against the wrong country.how'd that work?
Obama has done exactly what the REP's did they should be delighted(till now)
how's it been working so far?
I'd support an 8% flat tax no deductions, loopholes.
bet it's less than you pay now
the debt would be solved in 1yr.

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Interesting take but have you factored the wars into that? Also what is the government's stance on taxation. Thanks for the answer though
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We have an enormous debt, about $30,000 for every man woman and child. They either raise taxes or cut spending. Cutting spending means laying people off. Raising taxes does not directly cause people to lose their jobs (indirectly yes). So obviously they will make the choice that has the least negative effect. You would do the same in that situation.

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