Quote from NKNY:
Yes but tax cuts keeps the money where it should be---with the people who earned it... Not in some gov shills pocket... He's going to piss it away anyway and then come back looking for more... The more you tax the less the economy will grow... Dont show me figures that our gov puts out trying to convince you to give them more money... Have you people lost your mind... You actually believe numbers coming out of this or any gov.... WAKE UP...
Nick
so we arent growing because we are overtaxed?
Amid complaints about high taxes and calls for a smaller government, Americans paid their lowest level of taxes last year since Harry Truman's presidency, a USA TODAY analysis of federal data found.
Some conservative political movements such as the "Tea Party" have criticized federal spending as being out of control. While spending is up, taxes have fallen to exceptionally low levels.
Federal, state and local income taxes consumed 9.2% of all personal income in 2009, the lowest rate since 1950, the Bureau of Economic Analysis reports. That rate is far below the historic average of 12% for the last half-century. The overall tax burden hit bottom in December at 8.8.% of income before rising slightly in the first three months of 2010.
http://www.usatoday.com/money/perfi/taxes/2010-05-10-taxes_N.htm