Shoud we lower taxes?
Yes
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No
Side Score: 9
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Lowering taxes is usually the right moral and economic route to take. Though it can be catastrophic if the government refuses to act rationally as it concerns spending. In a free country, you are supposed to be able to reap what you sow. This means a rational government operating on the lowest tax amount that is feasible to do only what is required of government..and no more. Government waste is always the waste of money earned by people other than those who are wasting it. If waste is a problem, then so are taxes. Side: Yes
You're an idiot if you think lowering taxes on corporations incentivises them to increase employment and/or wages. Lowering corporate tax: gives corporations more disposable income to invest in automation, thereby decreasing the number of workers; increases stock prices and thereby increases the profits held by shareholders, which is only a superficial boost to the economy, meaning it does not benefit the everyman; and gives corporations undue importance in economic policy, taking away focus from what ought to be a democratic system purposed to affect the well-being of the citizen and not the wellbeing of the bottom line of the national balance sheet, per se. Trickle down economics is a farce. In the UK, corporate tax was recently cut, along with NHS funding, and welfare spending for the unemployed (which accounts for a paltry 1.2bn per annum, in contrast to the 30+bn in bonuses for bankers per year), and the result is clear: More people in the UK use charity food banks than ever before; child poverty is at its highest levels in thirty years; the NHS is crumbling under the costs of private contracts and poor government management; thousands have died as a result of having their disabled benefits cut off from them; more people than ever are working in "zero-hour contracts" (effectively stripping employees of all their rights and securities); and the national debt has risen more in the last six years than in the previous twenty. ...... trickle-down economics. By the way, I use open-source software: not Windows. Not that this has anything whatsoever to do with the price of tea in China. The fact that people use a computer built by a corporation, does not mean that they owe that corporation heavy sway in economic policy; nor that the user forfeits his or her rights to oppose corporate greed; nor that heavy taxation on said corporation and/or its highest earners would lead to the end of that technology; nor that being a user of a technological product makes the corporation more important than the citizen who is using their product. The fact that you consider some lame-ass argument about a private citizen's personal purchases of technology to be above the concepts of corporate responsibility and proportionate duty to society shows just how much of a fucking apple-polisher you really are. Side: No
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Hello J: The tax code needs to be revised so that the right amount of taxes are collected from the right people. Easy to say, huh? But, if politics were removed from the equation, there IS a right amount to collect, and there ARE the right people to collect it from. It's a matter of writing an algorithm. excon Side: No
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You are punishing the citizens for the wastefulness of the government. Cut waste, and cut taxes (as well as close loopholes), and you will see increased revenue to pay down the dept. But when government fails to do what's right with your money, should you be required to give them more of it? Side: Yes
Lowering taxes, especially corporate and "job producing billionaire" taxes will just put a bigger deficit in the treasury! Those "job producers" will just use higher profits to generate higher CEO rewards (to themselves)! Will use them to purchase more and better ROBOTS to do their manufacturing quicker and cheaper! They should be re-named "The PROFIT producers"! The economy improved, slowly to be sure, every year Obama was in office. When Reagan was in office he had a bad slump, and a quick recovery. The jobs were still THERE! All he had to do was put people BACK IN THEM! (Good time for a tax cut.) Thanks to our friends, the conservatives and Bush, who did not want to RAISE taxes to pay for 2 wars, THEY sold our jobs and technology to our enemy, CHINA and others! It's not easy OR quick to "create NEW jobs"! It wont be any easier for Trump, especially with no government regulation (to control greed!), or government financing to re-train workers for NEW jobs! The whole setup is different from Reagan's time, (largely because he screwed up the whole system!) The country you want back was the one BEFORE him, believe me! (When the rich paid their FAIR share, and blue collar Americans could GET A JOB! (with health care, etc.) Side: No
ROBOTS to do their manufacturing quicker and cheape Are you also upset by all the farm equipment that replaced farmers, who used to make up the bulk of the economy? It's not easy OR quick to "create NEW jobs"! Nor is it what the government does. The only jobs created by government are government jobs, which can potentially facilitate production, but they never actually produce. They are paid for by taxes, which come from the private sector. The more jobs the government "creates" beyond what is necessary, the worse off we all are. The jobs were still THERE! All he had to do was put people BACK IN THEM! There are always jobs still "there". During the depression, there were plenty of jobs to do, but no one was doing them, in no small part because FDR was squeezing out business by "creating jobs". Side: Yes
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