re: Tax revenues hit all time high for FY 2014

quote:

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Same money if kept in the hands of TAXED TO DEATH men would be used for JOB CREATION.

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So how is it that money being given to lazy bastards does not create jobs? As long as the money is not somehow destroyed the lazy bastards are going to spend it at the businesses of the "TAXED TO DEATH" men so where is the loss?

Ya'll put WAAAAAYYYYYY to much emphasis on this idea....and it is a big part of the demise of the right and traditional conservative ideology....ya'll have been preaching this as the gospel for about 35 years now and it has never been correct...not once. Of course someone will point out that at 100% of taxation there would be 0 revenue which proves that any taxation is detrimental to revenue growth...erroneously.

If you look at the premise for this idea and study the curve you will notice that revenues go up as taxation goes up to a point...assuming that this curve is correct why is it that no one on the right is able to admit that increased taxation can lead to an increase in revenue??? All of the energy that the right spends trying to spread the lie that any taxation leads to a decrease in revenue is energy that could be spent making certain that taxation stays in the "sweet spot" where revenues are maxed out and taxation is kept as low as possible...since tax rates are at historical lows at the federal lever it makes sense that we are too far away from the apex of the curve to the left and not maximizing the amount of revenue collected....but of course when you say that any taxation at all is detrimental to revenue you cann never get to the truth...and that is the point of the rights refusal to acknowledge the true effects of taxation on revenue....