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Tax increases do not raise revenue. Tax increases lower the incentive to earn more money, reduce the spending power of the taxpayers, reduce the ability of taxpayers to save and invest their money, and reduce the ability of small businesses to operate at their current pace, while also destroying their ability to expand and add jobs.Lowering taxes increases revenue. This has been proven over and over and over again.When the top 50% of wage earners already pay over 96% of the income taxes in this country, how much more of the burdens of society can these hard-working people be expected to bear?
Tax increases do not raise revenue. Tax increases lower the incentive to earn more money, reduce the spending power of the taxpayers, reduce the ability of taxpayers to save and invest their money, and reduce the ability of small businesses to operate at their current pace, while also destroying their ability to expand and add jobs.
Lowering taxes increases revenue. This has been proven over and over and over again.
When the top 50% of wage earners already pay over 96% of the income taxes in this country, how much more of the burdens of society can these hard-working people be expected to bear?
