What ‘tax cut’ means

What ‘tax cut’ means to a…

libertarian  More freedom, more careful and value-added investment and spending in the economy that results in more jobs and an improved standard of living for everyone, less powerful bureaucrats and politicians. (More of the Baptist position in the Bootlegger and Baptist model)

conservative  Great. More money for me, or more money for me when I get rich, and less for the government. But, I might give up the tax cut if you agree not to cut defense spending. (More of the Bootlegger’s position)

moderate  I like the sound of it, but can “we” afford it with such a big deficit?

liberal If “we” give you a tax cut, who’s going to help the less fortunate?

progressive  How will I solve [my perceived] social injustices of income inequality and help the less fortunate?

What a libertarian might point out to each:

conservative  You might have more to spend on defense if the economy grows and the economy has a better chance of growing with lower tax rates.

moderate  Deficits are caused by spending.

liberal  Why not you?

progressive  See the response to a liberal and consider that only income inequality caused by your efforts is a social injustice (that is, your attempts to lessen income inequality actually causes more of it) and “earned” income inequality encourages productive behavior.

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One thought on “What ‘tax cut’ means

  1. I thought the liberal’s definition of a tax cut was raising taxes, but to a lesser extent than previously planned.

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