Thursday, May 12, 2011

Ideology Gives Tax Cuts a Double-Meaning, Right?

What is a Tax Cut? Seriously...I am very confused.

I am under the impression that a tax cut is good for business, grows the economy, reduces the deficit (somehow) and allows for a smooth transition out of the recession, right?

Tax cuts are only for those who make $250,000 or more, right?

But, that's good for the economy, right?

The money is invested back into the economy with massive hiring and the tax and entitlement revenues that are taken out of workers wages, right?

But, if you take away a tax cut, you are essentially raising taxes, right?

But, that only works for ideologies that you support, right?

So, if you repeal tax cuts for oil companies, you are raising taxes, right?

If you repeal taxes for oil companies, you are not reducing the deficit by not collecting billions in tax revenues, right?

But, if you repeal tax write-offs for private insurance that covers abortion, that is NOT a rise in taxes, right?

I think I have confused myself once again. Maybe addressing the "right?" wasn't a good idea.

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