Originally <a href='/showthread.php?p=15780768'>posted</a> on 08/25/2012:

Quote Originally Posted by no gnu taxes View Post
Among other things, this is the liberal argument that decresed tax rates have no positive effect on economic health or tax revenue, which is just not true.

In fact the main force behind tax revenue is the health of the economy, and economic growth. It's hard to argue that increased taxation leads to growth.
Taxes decrease growth if the taxes decrease spending. This happens with the lower and middle class, but no really to the upper class. Government spending increases growth (as long as the taxes to support that spending are not crippling). With the big tax cuts on the rich (and the restructuring of capital gains taxes), the government cannot continue spending at the rate it is.

Wait, didn't GOP-controlled house oppose tax cuts for those earning under 250k? Yes.

With the tax code as is, the upper class pay less in total taxes as a percentage of their income than the middle class. Don't just consider income tax... SSI, medicare, and all those other taxes are capped. This means they whack the middle and lower class much more (percentage wise) than the upper class.

The tax system is broken. Romney will make it worse.