Ravenwood - 01/07/03 11:10 AM
Is anyone else out there tired of hearing how much a tax-cut will 'cost' us? Appropriation bills are 'costs', where-as tax cuts are decreases in tax rates that are charged to Americans. That is, the federal government will be charging less than it normally would. If anything, from the perspective of the average America, it should be considered a 'cost decrease'. It is the same way department stores lower their prices.
Even calling it a decrease in revenue is not entirely correct, because tax cuts can actually lead to increases in revenue, the same way reduced prices sometimes lead to increases in sales.
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