Who do you think the major corporations pass the higher taxes on to? Just like the higher cost of gas caused the price of everything to go up, so would higher taxes, it is just a cost of doing business.Recent history has shown that by cutting taxes it helps the economy. When Reagan took office we had 19% interest rates, high inflation and high unemployment. When Reagan proposed dropping the highest tax bracket from 70% to 28% allthe democrats claimed it would lead us into a depression. Just the opposite happened, it led to the longest period of peace time economic growth in the history of our country. 20 million new jobs were created. Let me ask you, have you every heard of anyone who got a job from a poor person? When tax rates are cut it actual increases the taxes collected by the Federal Government because more jobs are created which means more people paying taxes and spending more money which in turn makes businesses, both small and large more money which enables them to expand and hire even more people.
