Comments on: Taxes: Blood From A Stone

By: Richard Warren

Richard Warren — Sat, 14 Feb 2009 03:11:41 +0000

“With the economy being as difficult as it currently is, higher taxes should be considered. When the GDP begins to expand at a decent pace, then lower taxes can be an option.”

In a recessionary environment higher taxes would be the absolute worst thing to do. For the economy to expand and recover from this mess people need to spend money again, not pay more taxes. One of the primary causes of the Great Depression was Herbert Hoover raising taxes. Any economist will tell you that now would be the absolute worst time to raise taxes. Your statement is exactly the opposite of what should be done, even the Government understands that and is, appropriately, enacting tax cuts.

By: Kent Shaffer

Kent Shaffer — Tue, 11 Nov 2008 14:51:47 +0000

Thanks for the scope and depth of knowledge!

By: Tony

Tony — Tue, 11 Nov 2008 01:15:15 +0000

I’m do not more about taxes, thank for this info

By: Joshua Dorkin

Joshua Dorkin — Tue, 11 Nov 2008 00:38:09 +0000

Well said, Richard!

By: David Michaels

David Michaels — Mon, 10 Nov 2008 23:05:05 +0000

Bravo!