Their dynamic model recognizes that cutting taxes can increase revenues by impacting consumer confidence, business spending, interest rates, incomes and savings. By contrast, the static model used by Democrats is like that of the unimaginative financial officer of a big company whose calculator says that if you reduce the price of a product, you reduce revenues. His static analysis does not deal with the prospect of higher profits based on an increase in the volume of sales. One can get lost in the ambiguities and devilish details. Taxes are not just about money.
Every tax represents a transfer of power and freedom from the people to the government.
The underlying premise of every tax is that the money will do more good in the hands of government than in the hands of the people who earned it. The opposition of Democrats to tax cuts has little to do with economics and a great deal to do with their ideology and philosophy. Liberals believe human existence is an accident which happened in a universe created by an uncaused explosion. We are all victims of fate, heredity, the environment and societal forces. This is why they support welfare for able-bodied people, oppose the death penalty, hold no one accountable after a race riot and scorn moral discernment.