The Instigator
Tomas2679
Pro (for)
The Contender
Carson_Goetz
Con (against)

Will lowering taxes help the U.S economy?

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Voting Style: Open Point System: 7 Point
Started: 4/24/2017 Category: Politics
Updated: 1 year ago Status: Debating Period
Viewed: 156 times Debate No: 102183
Debate Rounds (3)
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Tomas2679

Pro

Although I don't support Donald Trump, and don't necessarily side as a Republican nor a Democrat, I think that lowering taxes would help the U.S economy.

Businesses, both big and small would benefit by lowering the corporation tax, or capital gains tax by relieving and giving them more money.
This new money for big businesses would incentivise more to come and settle in the U.S whilst for small businesses could help them expand and become bigger, allowing more employment.

As for the income tax, lowering it could help relieve people and give them more money to spend, a lot of Americans just cannot afford it, and even if someone is doing well, allowing larger sums of money into the average persons pocket could increase spending and reduce issues like bad nutrition, for people who cannot afford the proper meals for themselves and for their children, not to mention more flexibility in affording schools, healthcare, transportation to work etc.

So what do you think?
Thanks, Tomas.
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