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The Range
Law & Order
Sarah Palin -- feds stockpiling bullets incase of civil unrest
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<blockquote data-quote="TerryMiller" data-source="post: 2121186" data-attributes="member: 7900"><p><span style="font-family: 'Georgia'"><span style="font-size: 12px">While it sounds logical that increased taxes will increase revenue, the opposite is actually what will happen. Revenue will go down. Just within my lifetime, I know of three instances when tax rates were lowered and revenue to the federal treasury actually went up. Those instances were under JFK, Ronald Reagan, and George W. Bush.</span></span></p><p><span style="font-family: 'Georgia'"><span style="font-size: 12px"></span></span></p><p><span style="font-family: 'Georgia'"><span style="font-size: 12px">Two other times that may have also seen the same effect, but ones that I haven't researched yet, was back in the '20's (remember Roaring Twenties?) and again somewhere around 1948. (I was only 2 years old then, so taxes and revenue didn't really mean much to me.)</span></span></p><p><span style="font-family: 'Georgia'"><span style="font-size: 12px"></span></span></p><p><span style="font-family: 'Georgia'"><span style="font-size: 12px">If the Democrats would understand it, the more people that are working, the more there is in tax revenue, thus the increase in revenue to the treasury. That is one of the really harmful effects of Obumber's policies. So many jobs have been lost, it is effecting both the general economic growth as well as the revenue. Why else do you think Obumbo is STILL calling for more taxes? They are seeing a drop in revenue because of all the millions of folks out of work.</span></span></p><p><span style="font-family: 'Georgia'"><span style="font-size: 12px"></span></span></p><p><span style="font-family: 'Georgia'"><span style="font-size: 12px">As to the ammo situation, my wife has a co-worker who is an officer in the National Guard. He told her something to the effect that the military will have problems getting ammunition in order for everyone to re-qualify with their firearms training. So, our "civilian" army of federal law enforcement will have a lot of ammo, the military won't. something is drastically wrong with this picture.</span></span></p></blockquote><p></p>
[QUOTE="TerryMiller, post: 2121186, member: 7900"] [FONT=Georgia][SIZE=3]While it sounds logical that increased taxes will increase revenue, the opposite is actually what will happen. Revenue will go down. Just within my lifetime, I know of three instances when tax rates were lowered and revenue to the federal treasury actually went up. Those instances were under JFK, Ronald Reagan, and George W. Bush. Two other times that may have also seen the same effect, but ones that I haven't researched yet, was back in the '20's (remember Roaring Twenties?) and again somewhere around 1948. (I was only 2 years old then, so taxes and revenue didn't really mean much to me.) If the Democrats would understand it, the more people that are working, the more there is in tax revenue, thus the increase in revenue to the treasury. That is one of the really harmful effects of Obumber's policies. So many jobs have been lost, it is effecting both the general economic growth as well as the revenue. Why else do you think Obumbo is STILL calling for more taxes? They are seeing a drop in revenue because of all the millions of folks out of work. As to the ammo situation, my wife has a co-worker who is an officer in the National Guard. He told her something to the effect that the military will have problems getting ammunition in order for everyone to re-qualify with their firearms training. So, our "civilian" army of federal law enforcement will have a lot of ammo, the military won't. something is drastically wrong with this picture.[/SIZE][/FONT] [/QUOTE]
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