Little-Acorn
Well-Known Member
Who says tomorrow's tax rates have to be higher than today's, for there to be a tax-rate increase?
For many years, when debating "spending cuts", politicians in both parties have said things like, "We had been planning to raise spending by 15%, but we've now decided to raise it only 10%. There you go, a 5% spending 'cut'!"
So why can't we do that to tax rate increases?
Simply make a plan to cut tax rates by 20% next year. Wait a month, then announce, "Well, we changed that plan. Now we'll only cut them 15% next year instead. There... we just increased tax rates by 5%!"
Problem solved. Liberals are happy because they get what they've always called a 5% tax increase. And normal Americans are happy too, because they'll be paying 15% less taxes next year, than they did this year, on the same income.
No, no need to thank me. Happy to help out!
For many years, when debating "spending cuts", politicians in both parties have said things like, "We had been planning to raise spending by 15%, but we've now decided to raise it only 10%. There you go, a 5% spending 'cut'!"
So why can't we do that to tax rate increases?
Simply make a plan to cut tax rates by 20% next year. Wait a month, then announce, "Well, we changed that plan. Now we'll only cut them 15% next year instead. There... we just increased tax rates by 5%!"
Problem solved. Liberals are happy because they get what they've always called a 5% tax increase. And normal Americans are happy too, because they'll be paying 15% less taxes next year, than they did this year, on the same income.
No, no need to thank me. Happy to help out!