Type: Posts; User: Space Racer

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  1. On the other hand, as it turns out, in situations...

    On the other hand, as it turns out, in situations like this, raising taxes may be a necessary evil!

    Here's why:

    When the government cuts taxes, it doesn't cut spending. "Starving the Beast,"...
  2. Raising taxes hurts twice as much as cutting spending.

    In a study of 173 countries that adopted new procedures in attempts to reduce their deficits, "nations that mostly raised taxes suffered about twice as much as nations that mostly cut spending."
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