How does Cutting Taxes for the Rich reduce the National Debt?

[cthulu2016]

Every republican, at any level, should be asked this question in this simple form.

Even their best spokespeople will draw a blank.

In 1985 or even 1995 they could have answered this question by claiming (falsely) that the increased growth caused by not taxing the rich would generate more than enough new taxable activity to offset the seeming loss in revenue and the the government would take in more money.

But in 2012 nobody can say that with a straight face. It is rare for even the loopiest RWer to claim that tax cuts increase revenue, and increasing revenue is viewed as a bad thing by the modern Republican party.

So there is no longer any argument for the tax cuts other than that taxing the rich at the same effective rate as the poor would e class warfare. But it is far from obvious that avoidance of class warfare reduces the national debt.

So it is a question to be asked.

How does Cutting Taxes for the Rich reduce the National Debt?

[Autumn]

1. It doesn't, and they fucking know it.

And they don't care.

[dawg]

2. It calls the confidence fairy.

Then the confidence fairy summons the invisible hand, which in turn stimulates the job creators, who create so many jobs that there are enough new workers that they pay enough extra payroll taxes and income taxes to reduce the deficit.

Sound ridiculous to you? Well, then you just might be a liberal.

[pansypoo53219]

3. 'growth'!

so say the underpants gnomes.

[bemildred]

4. The same way funneling money to rich people helps poor people.

I.e. it doesn't do shit.

[Wounded Bear]

5. That is so last century....

They've moved on to a new excuse. I don't know what it is off the top of my head, but I'm sure it's a good one.

[Tennessee Gal]

6. They believe that reducing taxes spurs economic growth and that the end result is

an increase in tax revenue. However, that rarely happens.

Do Tax Cuts Ever Increase Government Revenues?
Three historical examples of tax cuts paying for themselves, and how they undercut the GOP claim that tax cuts always do that.

http://www.slate.com/articles/business/moneybox/2011/06/do_tax_cuts_ever_increase_government_revenues.html

Tax Cuts Don't Boost Revenues

http://www.time.com/time/magazine/article/0,9171,1692027,00.html

[Rectangle]

7. I doesn't, It's supposed to create jobs. You know, giving the ultra-Wealthy a little more bling.

The truth is, it just makes the ultra-wealthy----wealthier.

[leeroysphitz]

8. Magic!