Oct 16, 2007 13:05
if my understanding of modern conservative ideology is right, the lower the taxes, the higher the growth, the highrt the growth, the better the economy, everyone's better off with low taxes etc.
I mean it makes sense in a simple way... I mean, if the government doesn't tax people as much, then people will spend that money, thereby growing the economy.
But what I don't understand is this: if the government taxed more money instead, isn't it still being spent and pumped into the economy? I mean, either a consumer spends it or the government spends it. Either way, it gets spent, it just goes through different hands. So what's the big deal? Anyone?