OnTheIce wrote:
The economy is booming, you're raking in money hand over fist. You have a large annual surplus.
Lowering the tax rate does nothing to increase or enhance business.
So you allow the companies to keep billions more in profit? Why?
Probably because they were watching the market and seeing signs that the private sector was slowing down and needed the boost. How about that once they started making those large surpluses EVERYBODY was demanding they cut taxes, businesses and tax-payers alike.
It sat at 28% from 1993-2003. By 2003 we in rather good shape. In 2003 they dropped it to 23%. If your scenario is true then we would have been shedding jobs.
If we want taxes cut then do it where they will do the most good, income tax.
CKA Uber 
