Marginal tax rates are the lowest they've been in generations, and all we can talk about is tax cuts.
Sentiment: NEGATIVE
Tax cuts are like sex: When they are good, they are very, very good. And when they are bad, they are still pretty good.
Reduced marginal tax rates on individuals and business fosters growth every time.
The biggest and most deadly 'tax' rate on the poor comes from a loss of various welfare state benefits - food stamps, housing subsidies and the like - if their income goes up.
Taxes are way too complicated, and people spend way too much time worrying about ways to get them lower.
We need to lower marginal tax rates and increase investment.
I can't imagine an argument that says that raising marginal tax rates on high income people, many of whom are business owners, is a recipe for economic growth.
Let's find those areas where modest and reasonable tax cuts will have the biggest positive impact on our economy, and which will improve the lives of those who need it most: working families, retirees, and small business owners.
Here's the problem if you keep raising tax rates: You slow down economic growth.
The problem is not that people are taxed too little, the problem is that government spends too much.
Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down.