Cut The Tax Rate, Increase Revenue

  President Bush was successful in cutting the tax rate several months ago and we are now seeing the benefits in the form of substantially higher tax revenues being paid into the U.S. Government coffers. This should be a lesson for those who cannot understand this concept. Cut the tax rate (the percentage of taxes all those rich people and big corporations pay on what they earn) and earn more money (because those same rich people and big corporations were willing to put that money to work earning even more money). If you want some background on the budget, the deficit, and how taxes work please visit http://www.federalbudget.com/ .
  In the meantime, talk with all those folks who want to increase tax rates and have them try to understand that poor people with no money beyond what it takes to survive day-to-day do not drive the engine of our economy. However, rich people, who are always looking for ways to become richer, do drive that engine. We don’t have to like it, we just have to understand and appreciate the motivational factors that make the engine run and that also control its speed. Remember the old adage: “It takes money to make money.”? Like it or not, it’s true. 7/16/06