since i was filing my taxes today, i thought of this little problem that people have mentioned to me: 

there are many people that think that if the government needs more money they need to increase taxes. logic would dictate taxes are where the government gets all of its funding… and it is… but then again, it isn’t.

income taxes are a tiny part of where our sovereign’s money comes from. a pittance really. the majority of the US citizens are in the middle class that pays what? 15-25% ? that is nothing! 25% of 60k is only like 15k, that will never buy anything that our government needs. but the 34% they tax all corporations in this country? there is some real cash!

so the way that an income tax cut helps the economy is this: we have more money. we spend more on things that the corporations make/provide/etc.  then that corporation makes more money. then they give more of that money to the federal government, who buys more useless crap they don’t need and increase our national deficit. works out splendidly, right?