Papageorgio
The Ultimate Winner
A tax cut means higher family income and higher business profits and a balanced federal budget. Every taxpayer and his family will have more money left over after taxes for a new car, a new home, new conveniences, education and investment. Every businessman can keep a higher percentage of his profits in his cash register or put it to work expanding or improving his business, and as the national income grows, the federal government will ultimately end up with more revenues.
In todays economy, fiscal prudence and responsibility call for tax reduction even if it temporarily enlarges the federal deficit why reducing taxes is the best way open to us to increase revenues.
Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased not a reduced flow of revenues to the federal government.
These all sound like they would do what they are designed to do.