The Democrats need to conduct some objective studies on tax cuts. Some of the questions that need to be asked:
- Are tax cuts for the top tax brackets stimulative? How does this stimulation mechanism work?
- Are tax incentives to businesses to hire workers more stimulative than tax cuts?
- Which government programs that use tax stims work and which don't work?
- Advantages and disadvantages of a progressive tax system.
However, the GOP approach with the Bush tax cuts and cutting corporate taxes is not effective according to Moodys. .
The Democrats should use empirical data to attack the bad tax ideas of the GOP. Taxes are a numbers game.
Some of the work could be done by both the office of Management and Budget (OMB) and the General Accounting Office (GAO). A Joint Report on tax effectiveness from the GAO and OMB would be interesting and tough for either political party to refute.
The GOP uses a lot of fuzzy math when they talk about taxes.
Show America the numbers!
graphic courtesy of: http://www.newsrealblog.com/
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