fordy on 20 May 2019
| Dark_Lord_2008 said: How on earth can you deliver both Budget Surplus and deliver Tax cuts? You need higher taxes to create Surplus. Tax cuts will reduce the Budget Surplus because of less tax revenue. Sounds like ScoMo has no idea about how economics or business works and just uses rhetoric. If your revenue is decreased, your profit must be reduced. There is no way you can increase profit with lower revenue |
Not that I agree with it, but this is the reasoning of conservatives: If you cut taxes, employers employ more people with the tax cuts, which gets more tax revenue
https://en.wikipedia.org/wiki/Trickle-down_economics
